LOCH DUART PLC

1. LOCH DUART PLC 2024-10-31 → present
2. LOCH DUART LIMITED 1999-05-27 → 2024-10-31
3. VERIMAC (NO. 100) LIMITED 1999-05-04 → 1999-05-27

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

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.

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

Johnston Carmichael LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group or parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. LOCH DUART PLC · parent
   1. Atlantic Sea Smolt Inc 100% · Canada
   2. Snow Island Salmon Inc 100% · Canada

Significant events

• “On the 27 June 2025 596,422 £0.001 Ordinary Shares were issued by the Group at a premium of £10.06 for total gross proceeds of £6,000,000. This transaction occurred after the reporting period and does not relate to conditions that existed at the reporting date. As such it is classified as a non-adjusting event with no adjustment to the financial statements required.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

14

last 12 months

Capital events

3

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +26.5%

  £43,510,662 → £55,053,046

• Cash

  +13,644.8%

  £127,372 → £17,506,997

• Net assets

  +0.3%

  £47,940,577 → £48,107,032

• Employees

  +14.4%

  167 → 191

• Operating profit

  -204%

  £1,384,209 → -£1,439,599

• Profit before tax

  -644%

  £706,493 → -£3,843,652

• Wages

  +31.2%

  £6,030,551 → £7,910,020

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