NOLAN SEAFOODS (UK) LIMITED

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

FRS 102

Reporting scope

Standalone (parent only)

Auditor

AAB Audit & Accountancy Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors, having made due and careful enquiry, are of the opinion that the Company has adequate working capital to execute its operations over the next 12 months. The directors have made an informed judgement, at the time of approving the financial statements, that there is a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future.”

Significant events

• “The financial year to 31 March 2025 was challenging with higher raw material prices and a lack of volume and quality of the raw material required for production. ...the business struggled to achieve the volume and margins required and after much deliberation and planning took the difficult decision to reorganise, reduce staff numbers and focus on core activities. Following the reorganisation in November/December 2025 the company saw its key metrics and financial performance improve significantly.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  -19%

  £17,283,829 → £13,995,634

• Cash

  -54.6%

  £470,150 → £213,659

• Net assets

  -18.6%

  £3,928,076 → £3,197,673

• Employees

  -20.4%

  167 → 133

• Operating profit

  -435.3%

  -£177,875 → -£952,219

• Profit before tax

  -305.9%

  -£243,572 → -£988,551

• Wages

  -9.7%

  £4,197,650 → £3,788,843

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