PELAGIA (UK) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-10 (in 3mo)
Last made up 2025-07-27
Watchouts
None on the register
Cash
£201K
-71.9% vs 2023
Net assets
£11M
-3.5% vs 2023
Employees
61
+3.4% vs 2023
Profit before tax
£9M
-19.6% vs 2023
Name history
Renamed 3 times since incorporation
- PELAGIA (UK) LIMITED 2017-10-27 → present
- UNITED FISH INDUSTRIES (UK) LIMITED 1997-04-21 → 2017-10-27
- FISH INDUSTRIES UK LIMITED 1993-03-12 → 1997-04-21
- MUTANDERIS (161) LIMITED 1992-09-11 → 1993-03-12
Net assets
2-year trend · vs Consumer Staples median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £47,513,000 | £58,345,000 | |
| Operating profit | £11,392,000 | £9,991,000 | |
| Profit before tax | £10,969,000 | £8,822,000 | |
| Net profit | £8,305,000 | £6,490,000 | |
| Cash | £716,000 | £201,000 | |
| Total assets less current liabilities | £13,229,000 | £12,942,000 | |
| Net assets | £11,112,000 | £10,724,000 | |
| Equity | £11,112,000 | £10,724,000 | |
| Average employees | 59 | 61 | |
| Wages | £3,308,000 | £3,689,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 24.0% | 17.1% | |
| Net margin | 17.5% | 11.1% | |
| Return on capital employed | 86.1% | 77.2% | |
| Gearing (liabilities / total assets) | 63.5% | 72.9% | |
| Current ratio | 0.83x | 0.41x | |
| Interest cover | 20.27x | 7.82x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- PELAGIA (UK) LIMITED · parent
- Pelagia (Greenock) Limited 100%
- Ideal Foods Limited 100%
- Ideal Nutritional Foods Limited 100%
- Ideal Pet Foods Limited 100%
- The Ideal British Babyfood Company Limited 100%
- Ideal Seafoods Limited 100%
- Channel to China Limited 100%
Significant events
- “No events impacting the company have occurred since the end of the financial year which would impact the amounts or disclosures in these financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 17 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MCELLONE, Michael | Secretary | 2010-09-20 | — | British |
| MCELLONE, Michael | Director | 2014-07-31 | Sep 1974 | Irish |
| TREARTY, Frank | Director | 2022-03-01 | Mar 1973 | Irish |
Show 17 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOAG, Colin | Secretary | 1997-04-07 | 2008-04-18 |
| RAFFERTY, Michael | Secretary | 2008-04-18 | 2010-09-20 |
| REID, Joseph Eamonn | Secretary | 1992-11-23 | 1997-04-07 |
| BART MANAGEMENT LIMITED | Corporate Nominee Secretary | 1992-09-11 | 1992-12-21 |
| HEALY, John | Director | 2012-04-30 | 2014-07-31 |
| HODDEVIK, Arnt-Ove | Director | 2009-05-05 | 2022-03-01 |
| KORSAGER, Helge | Director | 1998-04-03 | 2008-07-25 |
| LARKIN, William Noel | Director | 2006-06-30 | 2008-10-21 |
| LOWTHER, Alan | Director | 1992-12-21 | 2007-03-09 |
| LYNCH, Philip | Director | 1992-12-21 | 2004-12-30 |
| MARTIN, David | Director | 1992-12-21 | 2004-11-24 |
| MCENIFF, Patrick | Director | 2004-11-24 | 2007-07-24 |
| MORRISSEY, Pat | Director | 2007-03-09 | 2007-07-24 |
| O'MAHONY, Thomas Joseph | Director | 2006-06-30 | 2009-05-05 |
| PAUL, Patrick Robin David | Director | 1993-05-20 | 1993-09-11 |
| TYNAN, Tom | Director | 2008-10-21 | 2012-04-30 |
| BART SECRETARIES LIMITED | Corporate Nominee Director | 1992-09-11 | 1992-12-21 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 153 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-23 | AA | accounts | Accounts with accounts type full | |
| 2025-07-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-06 | AA | accounts | Accounts with accounts type full | |
| 2024-07-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-02 | AA | accounts | Accounts with accounts type full | |
| 2023-09-19 | CH01 | officers | Change person director company with change date | |
| 2023-09-19 | CH01 | officers | Change person director company with change date | |
| 2023-07-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-29 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-11-29 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-11-29 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-11-21 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-10-07 | AA | accounts | Accounts with accounts type full | |
| 2022-07-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-31 | TM01 | officers | Termination director company with name termination date | |
| 2022-03-31 | AP01 | officers | Appoint person director company with name date | |
| 2021-09-21 | AA | accounts | Accounts with accounts type full | |
| 2021-07-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-10-07 | AA | accounts | Accounts with accounts type full | |
| 2020-08-06 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+22.8%
£47,513,000 £58,345,000
-
Cash
-71.9%
£716,000 £201,000
-
Net assets
-3.5%
£11,112,000 £10,724,000
-
Employees
+3.4%
59 61
-
Operating profit
-12.3%
£11,392,000 £9,991,000
-
Profit before tax
-19.6%
£10,969,000 £8,822,000
-
Wages
+11.5%
£3,308,000 £3,689,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers