Peninsula Seafoods Limited in Barnstaple, EX31 1QN

Description

Data updated on: 01-11-2023

Peninsula Seafoods started its operations in 1995 as a Private Limited Company under the ID 03055332. This particular company has been active for twenty nine years and it's currently active. The firm's office is registered in Barnstaple at Riverside Road. Anyone could also find this business using its zip code, EX31 1QN. The enterprise's declared SIC number is 46380 meaning Wholesale of other food, including fish, crustaceans and molluscs. December 31, 2022 is the last time account status updates were filed.

Stephen P. and Anthony S. are the enterprise's directors and have been monitoring progress towards achieving the objectives and policies for 29 years.

Executives who have control over this firm are as follows: David S. has 1/2 or less of voting rights. Stephen P. owns 1/2 or less of company shares. Anthony S. has substantial control or influence over the company.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	240 448	47 017	293 433	605 188	526 976
Current Assets	4 464 448	5 309 184	3 697 128	6 096 522	8 583 744
Debtors	2 283 050	3 124 649	1 641 716	3 869 455	5 768 645
Net Assets Liabilities	1 275 399	1 325 399	1 375 399	1 764 305	1 862 305
Other Debtors	9 218	16 265	61 894	34 272	22 896
Property Plant Equipment	1 329	6 286	4 413	4 990	4 255
Total Inventories	1 940 950	2 137 518	1 761 979	1 621 879	2 288 123

Other Financial Data
Audit Fees Expenses				6 050	8 250
Other Non-audit Services Fees				4 736	5 322
Accumulated Depreciation Impairment Property Plant Equipment	33 802	34 499	36 372	37 772	27 977
Additions Other Than Through Business Combinations Property Plant Equipment		5 654		1 977	645
Administration Support Average Number Employees				1	1
Administrative Expenses				438 742	560 570
Amounts Owed By Related Parties	752 156	715 000		500 000
Applicable Tax Rate				19	19
Average Number Employees During Period	6	6	7	7	8
Balances Amounts Owed By Related Parties	217	2 177			3 748
Balances Amounts Owed To Related Parties	272 832	82 204	64 391	173 744	31 665
Balances With Banks				604 822	526 565
Bank Borrowings	1 061 172	1 995 644	1 032 321	1 760 145
Bank Borrowings Overdrafts				-1 760 145	-4 618 927
Bank Overdrafts	19 567
Cash Cash Equivalents				605 188	526 976
Cash Cash Equivalents Cash Flow Value			-1 466 712	-4 013 739
Cash On Hand				366	411
Cost Sales				9 693 822	17 834 728
Creditors	3 190 378	3 990 071	2 326 142	4 337 207	6 725 694
Current Tax For Period				96 703	150 000
Decrease In Loans Owed By Related Parties Due To Loans Repaid	-982 632	-2 430 544	-1 895 910	-1 345 846	-500 000
Decrease In Loans Owed To Related Parties Due To Loans Repaid	-173 012	-308 228	294 819	22 135	88 389
Deferred Income				7 980	9 550
Depreciation Amortisation Expense				1 400	1 380
Depreciation Expense Property Plant Equipment				1 400	1 380
Disposals Decrease In Depreciation Impairment Property Plant Equipment					-11 175
Disposals Property Plant Equipment					-11 175
Distribution Costs				448 041	825 744
Dividend Per Share Interim				20	487
Dividends Paid				-24 000	-536 384
Dividends Paid Classified As Financing Activities				-24 000	-536 384
Financial Commitments Other Than Capital Commitments	57 770	38 279	45 975	18 669
Finished Goods Goods For Resale	1 939 950	2 136 518	790 798	595 802	1 748 035
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities				727 824	2 858 782
Future Minimum Lease Payments Under Non-cancellable Operating Leases				18 669	2 240
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables				-1 237 536	525 162
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables				2 227 739	1 899 190
Gain Loss In Cash Flows From Change In Deferred Items				7 980	1 570
Gain Loss In Cash Flows From Change In Inventories				-140 100	666 244
Gross Profit Loss				1 411 225	2 233 073
Income From Related Parties	48 841	12 201	47 747	8 619	8 089
Income Taxes Paid Refund Classified As Operating Activities				59 222	99 924
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation				311 755	-78 212
Increase Decrease In Current Tax From Adjustment For Prior Periods				244	3 221
Increase Decrease In Net Debt From Cash Flows					-2 936 994
Increase From Depreciation Charge For Year Property Plant Equipment		697	1 873	1 400	1 380
Increase In Loans Owed By Related Parties Due To Loans Advanced	1 724 683	2 405 388	1 180 910	1 845 846
Increase In Loans Owed To Related Parties Due To Loans Advanced	330 686	359 208	294 819	-24 000	-306 830
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings				14 589	59 154
Interest Paid Classified As Financing Activities				-14 589	-59 154
Interest Paid Classified As Operating Activities				14 589	59 154
Interest Payable Similar Charges Finance Costs				14 589	59 154
Loans Owed By Related Parties	740 156	715 000		500 000
Loans Owed To Related Parties	-204 333	-153 353	-48 621	-50 486	-268 927
Minimum Operating Lease Payments Recognised As Expense				18 669	20 980
Net Cash Flows From Used In Financing Activities				689 235	2 263 244
Net Cash Flows From Used In Operating Activities				-375 503	-2 340 811
Net Cash Generated From Operations				-316 281	-2 240 887
Net Cash Inflow Outflow From Operations Before Movements In Working Capital				525 842	848 139
Net Current Assets Liabilities	1 274 070	1 319 113	1 370 986	1 759 315	1 858 050
Net Debt Funds				-1 154 957	-4 091 951
Nominal Value Allotted Share Capital				1 200	1 200
Number Shares Issued Fully Paid				1 200	1 200
Other Creditors	287 743	261 421	155 646	74 677	427 053
Other Employee Expense				8 590	13 341
Other Inventories	1 000	1 000	1 000	1 000	1 000
Other Payables Accrued Expenses			215 564	107 885	183 037
Other Remaining Borrowings				1 760 145	4 618 927
Other Revenue				2 464	4 165
Par Value Share					1
Payments To Related Parties	3 384 919	4 312 000	3 639 977	3 465 339	9 392 008
Pension Costs Defined Contribution Plan				22 681	23 678
Prepayments				760 412	17 815
Profit Loss				412 906	634 384
Profit Loss On Ordinary Activities Before Tax				509 853	787 605
Property Plant Equipment Gross Cost	35 131	40 785	40 785	42 762	32 232
Purchase Property Plant Equipment				-1 977	-645
Raw Materials Consumables			970 181	1 025 077	539 088
Revenue From Sale Goods				11 102 583	20 063 636
Selling Average Number Employees				6	7
Social Security Costs				20 036	27 331
Staff Costs Employee Benefits Expense				233 052	285 215
Taxation Social Security Payable	6 402	7 049	6 799	9 205	9 253
Tax Expense Credit Applicable Tax Rate				96 872	149 645
Tax Increase Decrease From Effect Capital Allowances Depreciation				-1 697	-109
Tax Increase Decrease From Other Tax Effects Tax Reconciliation				1 772	3 685
Tax Tax Credit On Profit Or Loss On Ordinary Activities				96 947	153 221
Total Borrowings	1 080 739	1 995 644	1 032 321	1 760 145	4 618 927
Trade Creditors Trade Payables	1 705 806	1 657 735	915 812	2 280 612	1 327 031
Trade Debtors Trade Receivables	1 507 389	2 383 934	1 574 170	2 574 771	5 727 934
Turnover Revenue				11 105 047	20 067 801
Unpaid Contributions To Pension Schemes				903	843
Wages Salaries				181 745	220 865
Amount Specific Advance Or Credit Directors				10 865
Amount Specific Advance Or Credit Made In Period Directors				10 865	-10 865
Company Contributions To Money Purchase Plans Directors				21 319	21 321
Director Remuneration				83 800	104 917
Number Directors Accruing Benefits Under Money Purchase Scheme				1	1

Company staff

Stephen P.

Role: Director

Appointed: 16 May 1995

Latest update: 9 April 2024

Anthony S.

Role: Director

Appointed: 11 May 1995

Latest update: 9 April 2024

Waterlow Secretaries Limited

Role: Corporate Nominee Secretary

Appointed: 11 May 1995

Resigned: 11 May 1995

Address: London, N1 7JQ

Latest update: 9 April 2024

Waterlow Nominees Limited

Role: Corporate Nominee Director

Appointed: 11 May 1995

Resigned: 11 May 1995

Address: London, N1 7JQ

Latest update: 9 April 2024

Iain S.

Role: Secretary

Appointed: 11 May 1995

Resigned: 30 March 2023

Latest update: 9 April 2024

Iain S.

Role: Director

Appointed: 11 May 1995

Resigned: 30 March 2023

Latest update: 9 April 2024

People with significant control

David S.

Notified on 30 March 2023

Nature of control:

1/2 or less of voting rights

Stephen P.

Notified on 6 April 2016

Nature of control:

1/2 or less of shares

Anthony S.

Notified on 6 April 2016

Nature of control:

substantial control or influence

Iain S.

Notified on 6 April 2016

Ceased on 30 March 2023

Nature of control:

substantial control or influence

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	23 May 2024
Confirmation statement last made up date	09 May 2023

Annual Accounts
Start Date For Period Covered By Report	2019-01-01
End Date For Period Covered By Report	2019-12-31
Annual Accounts
Start Date For Period Covered By Report	2020-01-01
End Date For Period Covered By Report	2020-12-31
Annual Accounts
Start Date For Period Covered By Report	2021-01-01
End Date For Period Covered By Report	2021-12-31
Annual Accounts
Start Date For Period Covered By Report	2022-01-01
End Date For Period Covered By Report	2022-12-31

Peninsula Seafoods Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Stephen P.

Anthony S.

Waterlow Secretaries Limited

Waterlow Nominees Limited

Iain S.

Iain S.

People with significant control

David S.

Stephen P.

Anthony S.

Iain S.

Accounts Documents

Company filings

Filing category

Search other companies

Services (by SIC Code)

Company Age

Closest companies