Orkney Shellfish Hatchery Limited

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orkney shellfish hatchery limited Company Information

Company Number

SC557209

Next Accounts

Sep 2025

Directors

John Percival

Michael King

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Shareholders

the oyster restoration company limited

Group Structure

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Industry

Marine aquaculture

Registered Address

c/o johnston carmichael, 227 west george street, glasgow, G2 2ND

Website

www.orkneyshellfishhatchery.co.uk

orkney shellfish hatchery limited Estimated Valuation

£914.3k

Pomanda estimates the enterprise value of ORKNEY SHELLFISH HATCHERY LIMITED at £914.3k based on a Turnover of £1.6m and 0.58x industry multiple (adjusted for size and gross margin).

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Orkney Shellfish Hatchery Limited is a live company located in glasgow, G2 2ND with a Companies House number of SC557209. It operates in the marine aquaculture sector, SIC Code 03210. Founded in February 2017, it's largest shareholder is the oyster restoration company limited with a 100% stake. Orkney Shellfish Hatchery Limited is a young, small sized company, Pomanda has estimated its turnover at £1.6m with declining growth in recent years.

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Pomanda's financial health check has awarded Orkney Shellfish Hatchery Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating2.5out of 5

3 Strong

1 Regular

6 Weak

Size

annual sales of £1.6m, make it smaller than the average company (£14m)

Growth

3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (7.7%)

EXPORT

Orkney Shellfish Hatchery Limited's latest turnover from December 2023 is estimated at £1.6 million and the company has net assets of -£2.4 million. According to their latest financial statements, we estimate that Orkney Shellfish Hatchery Limited has 4 employees and maintains cash reserves of 0 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
Turnover	1,585,930	3,436,697	1,975,471	1,847,983	327,939	1,830,698	100,953
Other Income Or Grants
Cost Of Sales	1,362,731	2,950,299	1,717,233	1,494,945	257,198	1,475,263	84,325
Gross Profit	223,199	486,398	258,238	353,037	70,741	355,435	16,628
Admin Expenses	502,984	1,149,709	828,899	741,884	383,655	469,844	51,248
Operating Profit	-279,785	-663,311	-570,661	-388,847	-312,914	-114,409	-34,620
Interest Payable				36,295	40,163
Interest Receivable			10	13	99	31
Pre-Tax Profit	-279,785	-663,311	-570,651	-425,129	-352,978	-114,378	-34,620
Tax
Profit After Tax	-279,785	-663,311	-570,651	-425,129	-352,978	-114,378	-34,620
Dividends Paid
Retained Profit	-279,785	-663,311	-570,651	-425,129	-352,978	-114,378	-34,620
Employee Costs	168,686	372,655	433,548	206,705	115,639	37,217	34,482
Number Of Employees	4	9	11	5	3	1	1
EBITDA*	-279,785	-663,311	-478,341	-305,952	-278,899	-114,409	-34,620

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Tangible Assets	335,357	615,151	617,456	584,155	571,176	319,436	3,867
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets	335,357	615,151	617,456	584,155	571,176	319,436	3,867
Stock & work in progress				40	3,160
Trade Debtors	24,928	85,486	98,950	383,607		501,151	200
Group Debtors					773,660
Misc Debtors					29,830
Cash				7,681	17,998	8,383
misc current assets
total current assets	24,928	85,486	98,950	391,328	824,648	509,534	200
total assets	360,285	700,637	716,406	975,483	1,395,824	828,970	4,067
Bank overdraft
Bank loan
Trade Creditors	864,679	1,671,704	1,024,162	712,388	146,798	377,768	38,487
Group/Directors Accounts					526,302
other short term finances
hp & lease commitments
other current liabilities					34,500
total current liabilities	864,679	1,671,704	1,024,162	712,388	707,600	377,768	38,487
loans					1,190,000
hp & lease commitments
Accruals and Deferred Income
other liabilities	1,936,458	1,190,000	1,190,000	1,190,000		600,000
provisions
total long term liabilities	1,936,458	1,190,000	1,190,000	1,190,000	1,190,000	600,000
total liabilities	2,801,137	2,861,704	2,214,162	1,902,388	1,897,600	977,768	38,487
net assets	-2,440,852	-2,161,067	-1,497,756	-926,905	-501,776	-148,798	-34,420
total shareholders funds	-2,440,852	-2,161,067	-1,497,756	-926,905	-501,776	-148,798	-34,420

	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Operating Activities
Operating Profit	-279,785	-663,311	-570,661	-388,847	-312,914	-114,409	-34,620
Depreciation			92,320	82,895	34,015
Amortisation
Tax
Stock			-40	-3,120	3,160
Debtors	-60,558	-13,464	-284,657	-419,883	302,339	500,951	200
Creditors	-807,025	647,542	311,774	565,590	-230,970	339,281	38,487
Accruals and Deferred Income				-34,500	34,500
Deferred Taxes & Provisions
Cash flow from operations	-1,026,252	-2,305	118,130	648,141	-780,868	-276,079	3,667
Investing Activities
capital expenditure	279,794	2,305	-125,621	-95,874	-285,755	-315,569	-3,867
Change in Investments
cash flow from investments	279,794	2,305	-125,621	-95,874	-285,755	-315,569	-3,867
Financing Activities
Bank loans
Group/Directors Accounts				-526,302	526,302
Other Short Term Loans
Long term loans				-1,190,000	1,190,000
Hire Purchase and Lease Commitments
other long term liabilities	746,458			1,190,000	-600,000	600,000
share issue			-200				200
interest			10	-36,282	-40,064	31
cash flow from financing	746,458		-190	-562,584	1,076,238	600,031	200
cash and cash equivalents
cash			-7,681	-10,317	9,615	8,383
overdraft
change in cash			-7,681	-10,317	9,615	8,383

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for orkney shellfish hatchery limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other small companies, companies in G 2 area or any other competitors across 12 key performance metrics.

ORKNEY SHELLFISH HATCHERY LIMITED group structure

Orkney Shellfish Hatchery Limited has no subsidiary companies.

Ultimate parent company

THE OYSTER RESTORATION COMPANY LIMITED

SC720889

1 parent

ORKNEY SHELLFISH HATCHERY LIMITED

SC557209

ORKNEY SHELLFISH HATCHERY LIMITED Shareholders

the oyster restoration company limited

100%

Orkney Shellfish Hatchery Limited currently has 3 directors. The longest serving directors include Mr John Percival (Sep 2021) and Mr Michael King (Sep 2021).

officer	country	age	start	end	role
Mr John Percival	England	58 years	Sep 2021	-	Director
Mr Michael King	Scotland	54 years	Sep 2021	-	Director
Mr John Percival	Scotland	54 years	Sep 2021	-	Director

P&L

December 2023

turnover

1.6m

-54%

operating profit

-279.8k

gross margin

14.1%

-0.56%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

-2.4m

+0.13%

total assets

360.3k

-0.49%

cash

net assets

Total assets minus all liabilities

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company number

SC557209

Type

Private limited with Share Capital

industry

03210 - Marine aquaculture

incorporation date

February 2017

ultimate parent company

THE OYSTER RESTORATION COMPANY LIMITED

previous names

N/A

address

c/o johnston carmichael, 227 west george street, glasgow, G2 2ND

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.

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orkney shellfish hatchery limited Company Information

orkney shellfish hatchery limited Estimated Valuation

orkney shellfish hatchery limited Estimated Valuation

orkney shellfish hatchery limited Estimated Valuation

Orkney Shellfish Hatchery Limited Overview

Orkney Shellfish Hatchery Limited Health Check

ORKNEY SHELLFISH HATCHERY LIMITED financials

orkney shellfish hatchery limited Credit Report and Business Information

Orkney Shellfish Hatchery Limited Competitor Analysis

orkney shellfish hatchery limited Ownership

orkney shellfish hatchery limited directors

orkney shellfish hatchery limited company details

orkney shellfish hatchery limited Charges & Mortgages

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