G & J JACK SEAFOODS LIMITED
Company number SC111952 · Monitor this company
Executive summary
G & J Jack Seafoods is a long-established, revenue-stable wholesale fish business that has demonstrated genuine value creation over its 36-year history, growing net assets from £262k to over £1.3M at peak. However, the company now exhibits significant financial strain: cash has fallen 65% in two years to just £93k, net margins remain below 1%, leverage has risen to 3x debt-to-equity, and dividends of £332k have exceeded net profit of £221k — eroding the equity base by 12.7%. While the core business remains viable and gross margins are improving, the current pattern of value extraction over reinvestment is unsustainable and leaves the business dangerously exposed to any downturn in the volatile seafood market.
Shareholders' funds
£1,146,226
Balance sheet as at 2025-03-31
What it does
The principal activity of the company in the year under review was that of fish processing.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1988-06-28
- Employees
- 114 (2025 accounts · was 99 in 2024)
- Registered office
- 28 Broad Street, Peterhead, AB42 6BY
- Postcode
- AB42 6BY
- Capital
- 100,000 GBP
- Accounts category
- Medium
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2025-03-31
- Next due by
- 2026-12-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2025-12-31
- Next due by
- 2027-01-14
Nature of business (SIC)
- 46380 Wholesale of other food, including fish, crustaceans and molluscs
Officers 3 current · 17 resigned
Group structure 2 subsidiaries
Controlled by G & J JACK LIMITED — since 2016-04-06
From persons-with-significant-control filings on the public register.
Licensed visa sponsor
Licensed by the Home Office to sponsor worker visas: Skilled Worker (Worker (A rating)).
Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.
Previous company names
| Name | Date changed |
|---|---|
| G & J JACK (FR) LIMITED | 2014-11-03 |
| JACK FRASERBURGH SEAFOODS LIMITED | 2014-06-09 |
| FRASERBURGH SEAFOODS LIMITED | 2014-02-21 |
| FASTMODEL LIMITED | 1997-10-22 |
Previous registered addresses 1
| Address | Changed on |
|---|---|
| 24 CASTLE ST, EDINBURGH, EH2 3HT | 1989-03-09 |
Among its peers
Top 25%
by shareholders' funds, of 24 similar companies in AB
The largest employer among its local peers (114 staff).
Among the oldest 25% of its local peers, trading since 1988.
Competitors Aberdeen
This company ranks 6 among wholesale of other food, including fish, crustaceans and molluscs in Aberdeen.
The class of 1988
51%
of the 20,917 companies incorporated in 1988 are still active today; 43% have since been dissolved.
A fact about the year, not a forecast for this company.