LOCH FYNE OYSTERS LIMITED
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Cash
£125K
Latest balance sheet
Net assets
-£3.3M
lowest in 6 filed years
Employees
56
lowest in 6 filed years
Profit before tax
-£906K
Period ending 2026-01-02
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
6-year trend · vs Consumer Staples median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2026-01-02
| Metric | Trend | 2020-10-31 | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-12-31 | 2026-01-02 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £14,942,095 | £13,186,660 | £8,522,099 | — | |
| Operating profit | — | — | — | -£772,388 | -£1,822,027 | -£861,584 | — | |
| Profit before tax | — | — | -£1,678,955 | -£1,189,653 | -£1,927,033 | -£905,709 | — | |
| Net profit | -£921,693 | -£1,801,419 | -£1,678,955 | -£1,189,653 | -£1,927,033 | -£905,709 | — | |
| Cash | £27,173 | £40,183 | £264,449 | £34,672 | £131,564 | £125,104 | — | |
| Total assets less current liabilities | -£152,213 | -£922,978 | £2,012,299 | £672,456 | -£2,279,973 | -£3,207,450 | — | |
| Net assets | -£395,183 | -£2,196,602 | £684,443 | -£505,210 | -£2,432,243 | -£3,337,952 | — | |
| Equity | — | -£2,196,602 | £684,443 | -£505,210 | -£2,432,243 | -£3,337,952 | — | |
| Average employees | 119 | 111 | 110 | 101 | 69 | 56 | — | |
| Wages | £2,817,464 | £2,687,379 | £2,873,248 | £2,719,979 | £2,136,095 | £1,424,315 | — | |
| Directors' remuneration | — | — | £104,153 | £115,329 | £0 | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. Year-on-year comparison hidden: this filing covers about 12 months versus 14 months prior. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-10-31 | 2021-10-31 | 2022-10-31 | 2023-10-31 | 2024-12-31 | 2026-01-02 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | -5.2% | -13.8% | -10.1% | |
| Net margin | — | — | — | -8.0% | -14.6% | -10.6% | |
| Return on capital employed | — | — | — | -114.9% | — | — | |
| Gearing (liabilities / total assets) | — | — | — | 110.1% | 145.2% | 161.6% | |
| Current ratio | — | — | — | 0.50x | 0.34x | 0.32x | |
| Interest cover | — | — | — | -7.17x | -17.35x | -19.53x |
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.
Name history
Renamed 1 time since incorporation
- LOCH FYNE OYSTERS LIMITED 1986-08-28 → present
- LOCH FYNE OYSTERS (ARDKINGLAS) LIMITED 1978-12-15 → 1986-08-28
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Azets Audit Services
- 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 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
- LOCH FYNE OYSTERS LIMITED · parent
- Seasalter (Walney) Limited 100%
Significant events
- “Whilst this reflects improved underlying trading performance, the Loch Fyne Oyster businesses remain in a turnaround phase, with the losses incurred during the year being reflective of ongoing operational and biological challenges. The business is committed to the brand and will continue to develop the opportunities available.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 31 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BRODIES SECRETARIAL SERVICES LIMITED | Corporate Secretary | 2015-03-12 | — | — |
| ANDERSON, Colin Craig | Director | 2014-09-24 | Oct 1962 | British |
| LAVRENTYEV, Viacheslav | Director | 2019-10-23 | Apr 1960 | British |
| WEST, William Victor | Director | 2023-06-19 | Jan 1973 | British |
Show 31 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CRAIG, Robert Harvey | Secretary | 2000-11-14 | 2002-04-05 |
| MCGLASHAN, Iain Alan Stuart | Secretary | 2002-04-05 | 2004-11-05 |
| NOBLE, Simon John | Secretary | — | 2000-11-14 |
| SEABORNE, Helen | Secretary | 2004-11-05 | 2015-01-28 |
| ATTWOOD, David Russell | Director | 2000-01-01 | 2015-08-13 |
| BREMNER, Francis | Director | 2004-09-17 | 2010-11-18 |
| BRIGGS, Simon Thomas | Director | 1999-10-01 | 2015-07-21 |
| BROWN, Cameron Matthew | Director | 2015-03-17 | 2023-06-19 |
| BURGESS, Victoria Jane | Director | 2003-08-01 | 2006-09-28 |
| CRAIG, Robert Harvey | Director | 1990-04-25 | 2012-02-17 |
| DAVIDSON, Bruce Charles | Director | 2006-05-01 | 2015-06-26 |
| DAVIDSON, James Gordon | Director | 1997-01-01 | 2005-11-17 |
| GORDON, Alistair David Kirk | Director | 1991-02-13 | 1994-07-08 |
| HAMILTON, Caryl | Director | 2016-10-12 | 2018-11-02 |
| JOHNSTON, Hugh Laughlin | Director | 2005-11-17 | 2012-02-17 |
| LANE, John Andrew | Director | — | 2007-10-11 |
| MCCHEYNE, Carrie Ann | Director | 2003-04-28 | 2004-08-26 |
| MCDOUGALL, Allan | Director | 2003-02-04 | 2004-08-26 |
| MCGLASHAN, Iain Alan Stuart | Director | 2002-03-22 | 2004-11-05 |
| MCGLASHAN, Iain Alan Stuart | Director | 2002-03-20 | 2004-12-17 |
| MCLELLAND, Stewart | Director | 2012-05-01 | 2014-12-05 |
| MCPHAIL, Paul | Director | 2007-11-14 | 2009-11-16 |
| MEDONOVA, Renata | Director | 2010-11-18 | 2012-02-17 |
| NOBLE, Simon John | Director | — | 2002-02-09 |
| PATERSON, Martyn Peter | Director | 2012-05-01 | 2015-07-21 |
| PHILLIPS, Colin Raymond | Director | 2003-04-28 | 2005-11-17 |
| SEABORNE, Helen | Director | 2005-11-17 | 2014-07-08 |
| SHIRLAW, Robert Campbell | Director | 2012-02-17 | 2015-05-21 |
| SUTHERLAND, Stephen Alexander | Director | 2009-01-01 | 2014-02-28 |
| WEIR, David | Director | 1990-01-15 | 1995-10-20 |
| BAXI PARTNERSHIP DIRECTORS LIMITED | Corporate Director | 2006-09-28 | 2011-03-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Associated Seafoods Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-03-01 | Active |
Filing timeline
Last 20 of 260 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-11-04 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-08 | AA | accounts | Accounts with accounts type full | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-09-30 | CH01 | officers | Change person director company with change date | |
| 2025-09-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-07 | AA01 | accounts | Change account reference date company current extended | |
| 2024-10-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-31 | AA | accounts | Accounts with accounts type full | |
| 2023-10-31 | AA | accounts | Accounts with accounts type group | |
| 2023-10-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-06-23 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-23 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-29 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-03-29 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2022-11-04 | RESOLUTIONS | resolution | Resolution | |
| 2022-11-04 | SH01 | capital | Capital allotment shares | |
| 2022-10-31 | AA | accounts | Accounts with accounts type group | |
| 2022-10-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-29 | CH01 | officers | Change person director company with change date | |
| 2022-01-25 | CH04 | officers | Change corporate secretary company with change date | |
| 2021-10-11 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- 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.