Company Overview
Scottish Sea Farms Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 10 July 1969, so this is a well established company. Scottish Sea Farms Limited has been in business for 56 years and 9 months. The accounts status is group and the accounts are next due on Wednesday 30 September 2026.
Registered Address

C/O Shepherd And Wedderburn Llp Octagon Point, 5 Cheapside, London, EC2V 6AA
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Companies House Data
Company NameSCOTTISH SEA FARMS LIMITED
Company Number00958001
Registered Office AddressC/O Shepherd And Wedderburn Llp Octagon Point
 5 Cheapside
 EC2V 6AA
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date10/07/1969
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryGROUP
Returns Next Due Date25/07/2017
Returns Last Made Up Date27/06/2016
Directors & Members
Show Resigned
Henning Beltestad - Director
(Norwegian, 58 years old, born January 1968)
Appointed 01 April 2010
 Active
James Gallagher - Director
(British, 58 years old, born October 1968)
Appointed 15 January 2002
 Active
Leif Nordhammer - Director
(Norwegian, 68 years old, born April 1958)
Appointed 29 August 2001
 Active
Helge Singelstad - Director
(Norwegian, 63 years old, born April 1963)
Appointed 18 December 2008
 Active
Gustave Witzoe - Director
(Norwegian, 73 years old, born July 1953)
Appointed 29 August 2001
 Active
Secretaries
Show Resigned
Dermot Anderson - Secretary
(British)
Appointed 18 March 2003
 Active
Other Company Directorships
Henning Beltestad
No companies found
James Gallagher
DURY SALMON LIMITED
ETTRICK TROUT CO. LIMITED
FOOD CERTIFICATION (SCOTLAND) LIMITED
GSP FARMS LIMITED
ISLE OF SKYE SALMON LIMITED
KERRERA FISHERIES LIMITED
LISMORE SALMON LIMITED
M.J.M. SALMON LIMITED
NO CATCH SITE MANAGEMENT LIMITED
ORKNEY SEA FARMS LIMITED
SCOTTISH QUALITY SALMON LIMITED
SCOTTISH SEA FARMS SALES LIMITED
SEAFRESH FARMS LIMITED
SEAFRESH SALMON LIMITED
SLETT SALMON FARMS LIMITED
SSF HJALTLAND UK LIMITED
SSF SHETLAND LIMITED
STEWART SALMON LTD.
TERREGLES SALMON CO. LIMITED
THE SCOTTISH SALMON FARMERS' MARKETING BOARD LIMITED
Leif Nordhammer
GSP FARMS LIMITED
KERRERA FISHERIES LIMITED
LISMORE SALMON LIMITED
SCOTTISH SEA FARMS SALES LIMITED
SEAFRESH FARMS LIMITED
SEAFRESH SALMON LIMITED
SLETT SALMON FARMS LIMITED
STEWART SALMON LTD.
Helge Singelstad
ETTRICK TROUT CO. LIMITED
KERRERA FISHERIES LIMITED
Gustave Witzoe
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2015 31-Dec-2014
Balance Sheet
Fixed Assets 35,175,000 35,175,000 27,443,000
Current Assets 76,322,000 76,322,000 79,340,000
Creditors Due Within One Year 32,975,000 32,975,000 23,929,000
Working Cap 43,347,000 43,347,000 55,411,000
Total Assets Less Current Liabilities 78,522,000 78,522,000 82,854,000
Long-term Liabilities 26,577,000 26,577,000 23,383,000
Net Assets 51,945,000 51,945,000 59,471,000
Share Capital & Reserves
Share Cap 21,400,000 21,400,000 21,400,000
Profit & Loss Reserves 28,945,000 28,945,000 36,471,000
Other Reserves 1,600,000 1,600,000 1,600,000
Shareholders Funds 51,945,000 51,945,000 59,471,000
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2015 31-Dec-2014
Tangible Fixed Assets - - -
Fixed Assets 31.5% 31.5% 25.7%
Stocks Inventory 58.7% 58.7% 59.5%
Debtors 6.6% 6.6% 6.5%
Cash Bank In Hand 0.0% 0.0% 5.3%
Current Assets 68.5% 68.5% 74.3%
Creditors Due Within One Year 29.6% 29.6% 22.4%
Net Current Assets Liabilities 38.9% 38.9% 51.9%
Creditors Due After One Year 23.8% 23.8% 21.9%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 46.6% 46.6% 55.7%
Called Up Share Capital 19.2% 19.2% 20.0%
Share Capital Allotted Called Up Paid 19.2% 19.2% 20.0%
Profit Loss Account Reserve 26.0% 26.0% 34.2%
Shareholder Funds 46.6% 46.6% 55.7%
Capital Employed - - -
Total Assets Less Current Liabilities 70.4% 70.4% 77.6%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2015 31-Dec-2014
Liquidity Ratio 2.3 2.3 3.3
Solvency Ratio 1.9 1.9 2.3
Reserves to Assets 0.3 0.3 0.3
Secured Creditors Unlock full report
Mortgages Charges 19
Mortgages Outstanding 4
Mortgages Part Satisfied 0
Mortgages Satisfied 15
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2015 31-Dec-2014
Assets 111,497,000 111,497,000 106,783,000
Debt 59,552,000 59,552,000 47,312,000
Net Assets/Debt 51,945,000 51,945,000 59,471,000

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Information not on the register a registration of a charge was removed on 10/02/2026 as it is no longer considered to form part of the register.
Registration of charge 009580010020, created on 22 December 2025
Confirmation statement made on 2 July 2025 with no updates
Registered office address changed from , C/O Shepherd and Wedderburn Llp Octagon Point, 5 Cheapside, London, EC2V 6AA, England to C/O Shepherd and Wedderburn Llp 1-6 Lombard Street London EC3V 9AA on 6 May 2025
Confirmation statement made on 4 July 2024 with no updates
Confirmation statement made on 5 July 2023 with updates
Change of details for Mr James Francis Gallagher as a person with significant control on 23 January 2023
Director's details changed for James Francis Gallagher on 23 January 2023
Confirmation statement made on 26 July 2022 with no updates
Statement of capital following an allotment of shares on 17 December 2021
Registration of charge 009580010018, created on 27 July 2021
Registration of charge 009580010019, created on 27 July 2021
Satisfaction of charge 13 in full
Satisfaction of charge 009580010015 in full
Satisfaction of charge 009580010016 in full
Satisfaction of charge 14 in full
Registration of charge 009580010017, created on 21 July 2021
Registered office address changed from , C/O Shepherd and Wedderburn Llp Octagon Point, Cheapside, London, EC2V 6AA, England to C/O Shepherd and Wedderburn Llp 1-6 Lombard Street London EC3V 9AA on 26 July 2021
Confirmation statement made on 14 July 2021 with updates
Registered office address changed from , C/O C/O Shepherd and Wedderburn Llp, Condor House 10 st Paul's Churchyard, London, EC4M 8AL to C/O Shepherd and Wedderburn Llp 1-6 Lombard Street London EC3V 9AA on 26 May 2021
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