INSIGHTS - APRIL 2024

UK Fishing Industry

UK Fishing Industry Information

The fishing and aquaculture industry includes marine and freshwater environments, with the goal of capturing or gathering fish, crustaceans, molluscs and other marine organisms and products.

Active Businesses

3,142

Annual Sales

£6bn +

Employees

12,793

Economic Contribution 

£1bn

Tags

Location of Fishing Companies

Fishing Companies by Size

71% Micro

26% Small

2% Mid

1% Large

0% Mega

Fishing Companies by Age
Fastest Growing Fishing Companies

41% Declining

22% Healthy

17% Rapid

12% High

7% Low

Fishing Industry Competitive Environment - New Entrants vs Leavers

Fishing Industry Valuation

EBITDA Multiple

Fishing Industry Valuation

Turnover Multiple

Fishing Industry Valuation

Net Asset Multiple

Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
UK Fishing and aquaculture Industry Insights

There are 3,142 active Businesses in the UK with combined annual sales of £6 billion .

The Industry employs around 12,792 people and contributes £1 billion to the economy.

The most popular location for Fishing companies is Scotland with 1,404 and the fewest are located in North East England with 49.

The largest Fishing company is Andrew Marr International Limited with a turnover of £1bn. 71% of the industry is comprised of Micro companies with only 2% Mid companies.

16% of the Fishing Industry is made up of 16% Startup but the majority are Established businesses (34%) the oldest company is The Tollesbury And Mersea Native Oyster Fishery Company Limited founded in 1876.

Fishing industry has a number of high growth companies (12%), the fastest growing company is Mardon Limited with a 3 year growth rate of 54%. Other fast growing companies include Inverlussa Shellfish Company Limited (27%), Aquaculture Stewardship Council (21%) and Asci Limited (20%).

The UK Fishing Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 7.83x, Turnover multiple of 1.72x and a Net Asset multiple of 2.11x.