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Peninsula Seafoods Limited

03055332

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

RIVERSIDE ROAD, BARNSTAPLE, EX31 1QN
Incorporated 11/05/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46380
Wholesale of other food, including fish, crustaceans and molluscs

Officers

Mr Anthony David James Spear

director · Since 11/05/1995

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 5 other boards

Mr Stephen Harold Pell

director · Since 16/05/1995

DIRECTOR

BRITISH · ENGLAND · Age 60

Persons with Significant Control

Mr Stephen Harold Pell

25–50% shares

British · England · Age 60

Riverside Road, Barnstaple, EX31 1QN

Notified 06/04/2016

Mr Anthony David James Spear

Significant control

British · England · Age 62

Riverside Road, Barnstaple, EX31 1QN

Notified 06/04/2016

Former PSCs

Mr Iain John Spear

Ceased 30/03/2023

Mr David George Spear

Ceased 21/06/2023

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 20/11/2018Registered 21/11/2018
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 14/11/2018Registered 15/11/2018Satisfied 21/02/2019
Charge
outstanding

RBS INVOICE FINANCE LTD

Created 21/06/2018Registered 25/06/2018
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 17/01/2008Registered 01/02/2008Satisfied 28/01/2019
charge
satisfied

LLOYDS TSB BANK PLC

Created 21/01/2008Registered 30/01/2008Satisfied 18/12/2018
charge
satisfied

LLOYDS TSB BANK PLC

Created 17/01/2008Registered 22/01/2008Satisfied 18/12/2018
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/11/1999Registered 16/12/1999Satisfied 14/11/2009
charge
satisfied

BARCLAYS BANK PLC

Created 26/06/1995Registered 05/07/1995Satisfied 19/05/2000

CompanyRankvs 194+ SIC 46380 peers
59

Financial strength96th percentile among SIC peers · 24/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.48× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going c

Key FinancialsYear ending 31/12/2024

Turnover

£16.4M

Annual revenue

Net Worth

£2.2M

Balance sheet strength

Cash

£80k

Cash in the bank

Profit Before Tax

£672k

Bottom line earnings

Net Current Assets

£2.1M

Working capital

Current Assets

£6.6M

Current Liabilities

£4.4M

Fixed Assets

£18k

Debtors

£4.0M

Cost of Sales

£14.5M

Gross Profit

£1.9M

Admin Expenses

£576k

Profit After Tax

£503k

8avg. employees

Tax at Year End

Dividends paid-£180k

People Costs

Wages & salaries£247k
NI contributions£30k

Balance Sheet

Assets less current liabilities£2.2M
Signed by Class 1Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.48+£323k
20231.40-£27k
20221.28+£98k
20211.41+£389k
20201.59+£50k
20191.33

Derived from filed accounts. Not audited figures.