sulidae holdings limited
sulidae holdings limited Company Information
Company Number
SC501804
Next Accounts
Sep 2025
Shareholders
angus mackenzie
Group Structure
View All
Industry
Processing and preserving of fish, crustaceans and molluscs
Registered Address
25 mossend lane, queenslie park, glasgow, G33 4DD
Website
-sulidae holdings limited Estimated Valuation
Pomanda estimates the enterprise value of SULIDAE HOLDINGS LIMITED at £31.4m based on a Turnover of £38.8m and 0.81x industry multiple (adjusted for size and gross margin).
sulidae holdings limited Estimated Valuation
Pomanda estimates the enterprise value of SULIDAE HOLDINGS LIMITED at £0 based on an EBITDA of £-93.5k and a 5.35x industry multiple (adjusted for size and gross margin).
sulidae holdings limited Estimated Valuation
Pomanda estimates the enterprise value of SULIDAE HOLDINGS LIMITED at £6.1m based on Net Assets of £3.1m and 1.96x industry multiple (adjusted for liquidity).
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Sulidae Holdings Limited Overview
Sulidae Holdings Limited is a live company located in glasgow, G33 4DD with a Companies House number of SC501804. It operates in the processing and preserving of fish, crustaceans and molluscs sector, SIC Code 10200. Founded in March 2015, it's largest shareholder is angus mackenzie with a 100% stake. Sulidae Holdings Limited is a established, large sized company, Pomanda has estimated its turnover at £38.8m with declining growth in recent years.
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Sulidae Holdings Limited Health Check
Pomanda's financial health check has awarded Sulidae Holdings Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
6 Weak
Size
annual sales of £38.8m, make it larger than the average company (£30.9m)
£38.8m - Sulidae Holdings Limited
£30.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (3.2%)
- Sulidae Holdings Limited
3.2% - Industry AVG
Production
with a gross margin of 7.1%, this company has a higher cost of product (16%)
7.1% - Sulidae Holdings Limited
16% - Industry AVG
Profitability
an operating margin of -0.6% make it less profitable than the average company (1.6%)
-0.6% - Sulidae Holdings Limited
1.6% - Industry AVG
Employees
with 60 employees, this is below the industry average (111)
60 - Sulidae Holdings Limited
111 - Industry AVG
Pay Structure
on an average salary of £41k, the company has a higher pay structure (£33.6k)
£41k - Sulidae Holdings Limited
£33.6k - Industry AVG
Efficiency
resulting in sales per employee of £646k, this is more efficient (£265.7k)
£646k - Sulidae Holdings Limited
£265.7k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (40 days)
5 days - Sulidae Holdings Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (25 days)
22 days - Sulidae Holdings Limited
25 days - Industry AVG
Stock Days
it holds stock equivalent to 10 days, this is less than average (37 days)
10 days - Sulidae Holdings Limited
37 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 70 weeks, this is more cash available to meet short term requirements (6 weeks)
70 weeks - Sulidae Holdings Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48.6%, this is a similar level of debt than the average (53.5%)
48.6% - Sulidae Holdings Limited
53.5% - Industry AVG
SULIDAE HOLDINGS LIMITED financials
Sulidae Holdings Limited's latest turnover from December 2023 is £38.8 million and the company has net assets of £3.1 million. According to their latest financial statements, Sulidae Holdings Limited has 60 employees and maintains cash reserves of £3.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 38,757,436 | 46,460,174 | 41,323,754 | 39,011,234 | 32,334,005 | 26,950,206 | 20,685,129 | 10,338,725 | 5,066,671 |
| Other Income Or Grants | |||||||||
| Cost Of Sales | 36,016,210 | 42,670,599 | 37,666,556 | 35,060,691 | 28,487,327 | 23,473,340 | 17,831,580 | 9,112,058 | 3,937,208 |
| Gross Profit | 2,741,226 | 3,789,575 | 3,657,198 | 3,950,543 | 3,846,678 | 3,476,866 | 2,853,549 | 1,226,667 | 1,129,463 |
| Admin Expenses | 2,978,262 | 3,065,292 | 2,907,252 | 2,788,022 | 2,902,119 | 2,857,609 | 2,716,671 | 1,742,589 | 977,261 |
| Operating Profit | -237,036 | 724,283 | 749,946 | 1,162,521 | 944,559 | 619,257 | 136,878 | -515,922 | 152,202 |
| Interest Payable | 18,034 | 53,122 | 52,713 | 47,905 | 59,731 | 69,038 | 60,996 | 38,012 | 31,817 |
| Interest Receivable | 48,968 | 202 | 24 | ||||||
| Pre-Tax Profit | -206,102 | 671,161 | 697,233 | 1,114,616 | 884,828 | 550,219 | 75,882 | -553,732 | 120,409 |
| Tax | 26,949 | -123,790 | -122,527 | -217,200 | -169,225 | -107,262 | -34,374 | 82,578 | -17,935 |
| Profit After Tax | -179,153 | 547,371 | 574,706 | 897,416 | 715,603 | 442,957 | 41,508 | -471,154 | 102,474 |
| Dividends Paid | 125,000 | 15,000 | 58,330 | 90,000 | |||||
| Retained Profit | -179,153 | 422,371 | 574,706 | 897,416 | 715,603 | 427,957 | -16,822 | -471,154 | 12,474 |
| Employee Costs | 2,457,067 | 2,523,279 | 2,610,570 | 2,370,282 | 2,211,631 | 2,275,981 | 2,211,389 | 2,022,976 | 1,348,578 |
| Number Of Employees | 60 | 68 | 68 | 67 | 68 | 77 | 77 | 72 | 78 |
| EBITDA* | -93,548 | 1,066,302 | 1,132,251 | 1,577,604 | 1,403,337 | 1,101,863 | 475,057 | -155,283 | 398,714 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 290,212 | 416,054 | 685,736 | 887,261 | 1,153,495 | 1,501,626 | 1,195,056 | 1,057,061 | 1,368,763 |
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | 16,000 | ||||||||
| Total Fixed Assets | 290,212 | 416,054 | 685,736 | 887,261 | 1,153,495 | 1,501,626 | 1,195,056 | 1,057,061 | 1,384,763 |
| Stock & work in progress | 1,037,689 | 1,594,318 | 1,333,950 | 1,475,456 | 1,474,251 | 1,077,764 | 1,248,909 | 600,413 | 217,692 |
| Trade Debtors | 625,254 | 842,730 | 1,071,120 | 708,480 | 1,236,198 | 953,187 | 1,556,342 | 790,002 | 627,791 |
| Group Debtors | |||||||||
| Misc Debtors | 532,150 | 614,501 | 932,243 | 464,043 | 609,350 | 299,059 | 519,270 | 278,049 | 170,450 |
| Cash | 3,601,050 | 3,651,657 | 3,294,619 | 1,849,200 | 537,256 | 205,198 | 543,555 | 348,566 | 284,631 |
| misc current assets | |||||||||
| total current assets | 5,796,143 | 6,703,206 | 6,631,932 | 4,497,179 | 3,857,055 | 2,535,208 | 3,868,076 | 2,017,030 | 1,300,564 |
| total assets | 6,086,355 | 7,119,260 | 7,317,668 | 5,384,440 | 5,010,550 | 4,036,834 | 5,063,132 | 3,074,091 | 2,685,327 |
| Bank overdraft | 894,730 | 431,149 | |||||||
| Bank loan | |||||||||
| Trade Creditors | 2,231,463 | 3,000,476 | 3,439,093 | 2,035,728 | 2,558,828 | 1,692,294 | 2,780,337 | 1,064,432 | 389,008 |
| Group/Directors Accounts | |||||||||
| other short term finances | |||||||||
| hp & lease commitments | 96,782 | 96,783 | 99,795 | 102,810 | 102,810 | 113,386 | 68,187 | 30,500 | 30,500 |
| other current liabilities | 331,829 | 407,332 | 519,699 | 491,732 | 412,997 | 929,995 | 990,044 | 500,459 | 443,804 |
| total current liabilities | 2,660,074 | 3,504,591 | 4,058,587 | 2,630,270 | 3,074,635 | 2,735,675 | 4,733,298 | 2,026,540 | 863,312 |
| loans | |||||||||
| hp & lease commitments | 96,782 | 193,565 | 293,360 | 396,170 | 483,911 | 10,167 | 40,667 | ||
| Accruals and Deferred Income | |||||||||
| other liabilities | 720,728 | 994,012 | |||||||
| provisions | 300,000 | 240,000 | 210,000 | 180,000 | 156,351 | 149,457 | 90,000 | 60,000 | 59,526 |
| total long term liabilities | 300,000 | 336,782 | 403,565 | 473,360 | 552,521 | 633,368 | 90,000 | 790,895 | 1,094,205 |
| total liabilities | 2,960,074 | 3,841,373 | 4,462,152 | 3,103,630 | 3,627,156 | 3,369,043 | 4,823,298 | 2,817,435 | 1,957,517 |
| net assets | 3,126,281 | 3,277,887 | 2,855,516 | 2,280,810 | 1,383,394 | 667,791 | 239,834 | 256,656 | 727,810 |
| total shareholders funds | 3,126,281 | 3,277,887 | 2,855,516 | 2,280,810 | 1,383,394 | 667,791 | 239,834 | 256,656 | 727,810 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | -237,036 | 724,283 | 749,946 | 1,162,521 | 944,559 | 619,257 | 136,878 | -515,922 | 152,202 |
| Depreciation | 143,488 | 342,019 | 382,305 | 415,083 | 458,778 | 482,606 | 338,179 | 360,639 | 246,512 |
| Amortisation | |||||||||
| Tax | 26,949 | -123,790 | -122,527 | -217,200 | -169,225 | -107,262 | -34,374 | 82,578 | -17,935 |
| Stock | -556,629 | 260,368 | -141,506 | 1,205 | 396,487 | -171,145 | 648,496 | 382,721 | 217,692 |
| Debtors | -299,827 | -546,132 | 830,840 | -673,025 | 593,302 | -823,366 | 1,007,561 | 253,810 | 814,241 |
| Creditors | -769,013 | -438,617 | 1,403,365 | -523,100 | 866,534 | -1,088,043 | 1,715,905 | 675,424 | 389,008 |
| Accruals and Deferred Income | -75,503 | -112,367 | 27,967 | 78,735 | -516,998 | -60,049 | 489,585 | 56,655 | 443,804 |
| Deferred Taxes & Provisions | 60,000 | 30,000 | 30,000 | 23,649 | 6,894 | 59,457 | 30,000 | 474 | 59,526 |
| Cash flow from operations | 5,341 | 707,292 | 1,781,722 | 1,611,508 | 600,753 | 900,477 | 1,020,116 | 23,317 | 241,184 |
| Investing Activities | |||||||||
| capital expenditure | 17,271 | -360,131 | -44,536 | 71,752 | |||||
| Change in Investments | |||||||||
| cash flow from investments | 17,271 | -360,131 | -44,536 | 71,752 | |||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | |||||||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | -96,783 | -99,795 | -102,810 | -102,810 | -98,317 | 529,110 | 27,520 | -30,500 | 71,167 |
| other long term liabilities | -720,728 | -273,284 | 994,012 | ||||||
| share issue | |||||||||
| interest | 30,934 | -53,122 | -52,713 | -47,905 | -59,731 | -69,038 | -60,996 | -37,810 | -31,793 |
| cash flow from financing | -38,302 | -152,917 | -155,523 | -150,715 | -158,048 | 460,072 | -754,204 | -341,594 | 1,748,722 |
| cash and cash equivalents | |||||||||
| cash | -50,607 | 357,038 | 1,445,419 | 1,311,944 | 332,058 | -338,357 | 194,989 | 63,935 | 284,631 |
| overdraft | -894,730 | 463,581 | 431,149 | ||||||
| change in cash | -50,607 | 357,038 | 1,445,419 | 1,311,944 | 332,058 | 556,373 | -268,592 | -367,214 | 284,631 |
sulidae holdings limited Credit Report and Business Information
Sulidae Holdings Limited Competitor Analysis
Perform a competitor analysis for sulidae holdings limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in G33 area or any other competitors across 12 key performance metrics.
sulidae holdings limited Ownership
SULIDAE HOLDINGS LIMITED group structure
Sulidae Holdings Limited has 1 subsidiary company.
Ultimate parent company
SULIDAE HOLDINGS LIMITED
SC501804
1 subsidiary
sulidae holdings limited directors
Sulidae Holdings Limited currently has 2 directors. The longest serving directors include Executor-dative Of E Marion MacKenzie (Sep 2018) and Ms Mary Bisset (Sep 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Executor-dative Of E Marion MacKenzie | Scotland | 61 years | Sep 2018 | - | Director |
| Ms Mary Bisset | Scotland | 65 years | Sep 2018 | - | Director |
P&L
December 2023turnover
38.8m
-17%
operating profit
-237k
-133%
gross margin
7.1%
-13.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.1m
-0.05%
total assets
6.1m
-0.15%
cash
3.6m
-0.01%
net assets
Total assets minus all liabilities
sulidae holdings limited company details
company number
SC501804
Type
Private limited with Share Capital
industry
10200 - Processing and preserving of fish, crustaceans and molluscs
incorporation date
March 2015
age
10
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
FRENCH DUNCAN LLP
address
25 mossend lane, queenslie park, glasgow, G33 4DD
Bank
BANK OF SCOTLAND
Legal Advisor
JURIT LLP
sulidae holdings limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to sulidae holdings limited.
sulidae holdings limited Capital Raised & Share Issues BETA
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sulidae holdings limited Companies House Filings - See Documents
| date | description | view/download |
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