MOWI SCOTLAND LIMITED
Get an alert when MOWI SCOTLAND LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-14 (in 5mo)
Last made up 2025-09-30
Watchouts
Cash
£2M
-34.4% vs 2023
Net assets
£516M
+7.6% vs 2023
Employees
773
-2.2% vs 2023
Profit before tax
£48M
+10.2% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 5 times since incorporation
- MOWI SCOTLAND LIMITED 2019-04-01 → present
- MARINE HARVEST (SCOTLAND) LIMITED 1999-08-27 → 2019-04-01
- BOOKER AQUACULTURE LIMITED 1995-06-01 → 1999-08-27
- MARINE HARVEST LIMITED 1992-11-02 → 1995-06-01
- MARI FARMS UK LIMITED 1992-09-03 → 1992-11-02
- WJB (279) LIMITED 1992-06-15 → 1992-09-03
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 | £469,113,000 | £658,290,000 | |
| Operating profit | £48,597,000 | £53,321,000 | |
| Profit before tax | £43,722,000 | £48,202,000 | |
| Net profit | £33,775,000 | £36,473,000 | |
| Cash | £3,299,000 | £2,163,000 | |
| Total assets less current liabilities | £513,769,000 | £554,259,000 | |
| Net assets | £479,763,000 | £516,419,000 | |
| Equity | £479,763,000 | £516,419,000 | |
| Average employees | 790 | 773 | |
| Wages | £33,715,000 | £34,852,000 |
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 | 10.4% | 8.1% | |
| Net margin | 7.2% | 5.5% | |
| Return on capital employed | 9.5% | 9.6% | |
| Gearing (liabilities / total assets) | 32.1% | 27.9% | |
| Current ratio | 1.91x | 2.31x | |
| Interest cover | 5.29x | 8.75x |
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
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors of Mowi Scotland Limited have made an assessment to review the appropriateness of the going concern assumptions in preparing financial statements for the year ending 31 December 2024. The assessment period considered by the Directors is 12 months from the date of signing the accounts and concludes on 30 September 2026. Having taken all the above factors into consideration, including the ability of MOWI ASA to provide the financial support through its available free cash and committed undrawn facility, the Board of directors of the Company have a reasonable expectation that the company is able to meet its financial obligations for the going concern review period. Accordingly, they have concluded that it is appropriate to continue to adopt the going concern basis in preparing the annual report and financial statements.”
Group structure
- MOWI SCOTLAND LIMITED · parent
- Mowi Consumer Products UK Limited 100%
- Anglesey Aquaculture Ltd 100%
- Ferguson Salmon Limited 100%
- Ocean Matters Limited 100%
- OM Penmon Limited 100%
- Finfish Limited 100%
- Wester Ross Fisheries Ltd 100%
- Ardessie Salmon Ltd 100%
- Wester Ross Property Investments Ltd 100%
- Dawnfresh Farming Ltd 100%
- Sanda Island Ltd 100%
Significant events
- “On 20 December 2024, Mowi Scotland purchased 100% of the shares in Sanda Island Ltd.”
- “On 29 August 2024, Mowi Scotland sold 100% of the shares in Dorset Cleanerfish Ltd.”
- “Effective from 01 January 2025, the assets relating to the farming operations of Wester Ross Fisheries Ltd (£15.0m), a 100% subsidiary of Mowi Scotland Ltd, were purchased by the Company. The purchase includes farming assets, biomass, inventory, receivables, liabilities and obligations.”
- “Effective from 01 January 2025, the assets relating to the seawater farming operations of Dawnfresh Farming Ltd (£15.3m), a 100% subsidiary of Mowi Scotland Ltd, were purchased by the Company. The purchase includes seawater farming assets, biomass, inventory, receivables, liabilities and obligations.”
- “On 10 April 2025, Mowi Scotland sold 100% of the shares in Dawnfresh Farming Ltd.”
- “In March 2025, Mowi announced that it is initiating a strategic review of its integrated Feed division. The review will assess all available options, including a sale and is expected to be concluded by the end of 2025.”
- “In February 2019, The European Commission (EC) carried out unannounced inspections of several companies in the sector of farmed Atlantic salmon. The European Commission preliminary view is that the Company breached EU antitrust rules by colluding to distort competition in the market for spot sales of Norwegian farmed Atlantic salmon in the EU.”
- “On 08 August 2023 the Scheme completed a buy-in transaction with Aviva to secure Scheme benefits with the insurer.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 30 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DUZINKEWYCZ, Patricia | Secretary | 2020-06-01 | — | — |
| HADFIELD, Benjamin | Director | 2016-01-14 | Aug 1976 | British |
| KAPINOS, Piotr | Director | 2018-02-19 | Jan 1978 | Polish |
| NOLAN, Scott | Director | 2022-04-26 | Aug 1969 | British |
Show 30 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BURTON, Diana Elaine | Secretary | 1992-09-16 | 1994-12-31 |
| THOMPSON, Lorraine Elizabeth | Secretary | 2000-03-28 | 2020-06-01 |
| WILLETT, Peter Frederick | Secretary | 1995-01-01 | 2000-03-28 |
| BURNESS SOLICITORS | Corporate Nominee Secretary | 1992-06-15 | 1992-09-16 |
| BURTON, Diana Elaine | Director | 1992-09-16 | 1994-12-05 |
| DAVIDSON, Donald Cameron Lamont | Director | 2004-04-01 | 2005-05-02 |
| DE VIDTS, Emilio | Director | 1995-01-01 | 1996-10-01 |
| DEAR, Graeme, Dr | Director | 1994-12-05 | 2005-05-02 |
| DEN BIEMAN, Johannes Cornelius Antonius | Director | 1999-07-15 | 2007-08-23 |
| DUFF, Alistair | Director | 2016-08-09 | 2018-03-16 |
| GATCLIFFE, Andrew John | Director | 1996-01-01 | 1998-09-15 |
| GRONTVEDT, Havard Johannes | Director | 2005-06-10 | 2007-04-02 |
| JACKSON, Andrew | Director | 1996-10-01 | 2006-09-01 |
| KUIJPERS, Johannes Theodorus | Director | 1999-07-15 | 2002-09-01 |
| LISTER, John David | Director | 1992-10-15 | 2003-11-10 |
| MACCOLL, Ewan Donald | Director | 2016-05-01 | 2022-04-26 |
| MCCARTHY, David Richard | Director | 1992-10-15 | 1994-12-31 |
| MCCRONE, Iain Alastair | Director | 1995-01-01 | 1997-12-31 |
| MCDAVID, Mark | Director | 1996-04-26 | 2001-10-01 |
| MCINTOSH, Kenneth James | Director | 2007-10-01 | 2017-06-13 |
| MILLER, Allan Gerard | Director | 2002-09-01 | 2005-08-31 |
| MISTRETTA, John Anthony | Director | 1992-09-16 | 1994-12-05 |
| MORGAN, Angus | Director | 1993-01-13 | 1997-10-10 |
| PRINGLE, Gideon Macdonald | Director | 2016-05-01 | 2019-11-25 |
| ROBINSON, Edward Christopher | Director | 1994-12-05 | 1998-01-01 |
| SHEA, Michael Sinclair, Dr | Director | 1993-06-01 | 1994-12-31 |
| SUTHERLAND, Alan George | Director | 2007-04-02 | 2016-01-14 |
| WILSON, Robert | Director | 2002-09-01 | 2007-10-01 |
| WINDMILL, David Michael | Director | 1994-12-05 | 2001-10-01 |
| CHARLOTTE DIRECTORS LIMITED | Corporate Director | 1992-06-15 | 1992-09-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mowi Holdings As | Corporate entity | Shares 75–100% | 2025-09-11 | Active |
| Dnb Bank Asa | Corporate entity | Shares 75–100% | 2020-09-22 | Ceased 2025-09-11 |
| Den Norske Nominees Limited | Corporate entity | Shares 75–100% | 2017-07-04 | Ceased 2020-09-22 |
| Dnb Bank Asa | Corporate entity | Shares 75–100% | 2017-07-04 | Ceased 2020-06-11 |
| Mowi Asa | Corporate entity | Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 278 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-11 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-11 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-11 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-11 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-11 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-11 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-11 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-20 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-10-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-20 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-10-13 | AA | accounts | Accounts with accounts type full | |
| 2025-09-26 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-04-08 | AA | accounts | Accounts with accounts type full | |
| 2025-01-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-10-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-26 | CH01 | officers | Change person director company with change date | |
| 2023-12-08 | AA | accounts | Accounts with accounts type full | |
| 2023-10-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-05 | AA | accounts | Accounts with accounts type full | |
| 2022-09-30 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- 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
+40.3%
£469,113,000 £658,290,000
-
Cash
-34.4%
£3,299,000 £2,163,000
-
Net assets
+7.6%
£479,763,000 £516,419,000
-
Employees
-2.2%
790 773
-
Operating profit
+9.7%
£48,597,000 £53,321,000
-
Profit before tax
+10.2%
£43,722,000 £48,202,000
-
Wages
+3.4%
£33,715,000 £34,852,000
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