How much does Three Oceans Fish Company Limited make?

Three Oceans Fish Company Limited reported revenue of £52.5m and £1.3m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Three Oceans Fish Company Limited have?

Three Oceans Fish Company Limited reported an average of 184 employees in the year to 31 Dec 2024.

Is Three Oceans Fish Company Limited profitable?

Yes — Three Oceans Fish Company Limited reported a profit of £1.3m in the year to 31 Dec 2024.

Company No. 02633844 · Incorporated 31 Jul 1991

Three Oceans Fish Company Limited

Registered name: THREE OCEANS FISH COMPANY LIMITED

Part of Nippon Suisan (Europe) B.V. group

Three Oceans Fish Company Limited made £52.5m revenue and £1.3m profit in the year to 31 Dec 2024.

Three Oceans Fish Company Limited’s revenue fell 12% to £52.5m in the year to 31 Dec 2024, with £1.3m profit and 184 employees. The company is classified under “processing and preserving of fish, crustaceans and molluscs” and is based in The Boulevard; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 10200Processing and preserving of fish, crustaceans and molluscs

Status: Active
Location: The Boulevard, Yorkshire and The Humber
Age: 35 yrs · since 1991
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2024

Key figures

Doing more with less

Revenue

£52.5m

Growth ▼11.8%

Profit

£1.3m

Growth ▲19.7%

Profit margin

2.4%

Gross 17.5%

Employees

184

Change ▲2.8%

Profit / employee

£6.9k

Revenue/employee £285k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£51.1m	£59.5m	£52.5m
Cost of sales	£42.9m	£49.7m	−£43.3m
Gross profit	£8.2m	£9.8m	£9.2m
Operating profit	—	—	£3.2m
Profit before tax	£2.2m	£1.5m	£2m
Profit after tax	£2.4m	£1.1m	£1.3m
Profit (best available)	£2.4m	£1.1m	£1.3m
Staff costs	£6.7m	£6.9m	—
Employees (average)	190	179	184
Ratios
Profit margin	4.6%	1.8%	2.4%
Gross margin	16%	16.5%	17.5%
Revenue per employee	£269k	£332k	£285k
Profit per employee	£12.4k	£5.9k	£6.9k
Growth (year on year)
Revenue growth	—	▲16.5%	▼11.8%
Profit growth	—	▼55%	▲19.7%
Headcount growth	—	▼5.8%	▲2.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£566k	£3.9m	—
Net assets	£10.4m	£11.8m	—
Fixed assets	£11.2m	£12.9m	—
Current assets	£24.9m	£33.6m	—
Debtors	£6.8m	£7m	—
Source	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2024	Accounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 2.4%; Profit ÷ revenue.
Gross margin: 17.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £285k; Revenue ÷ average employees.
Profit per employee: £6.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now —
Cash at bank: —; Now —
Headcount: ▲3%; Now 184
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Nippon Suisan (Europe) B.V. (registered outside the UK register)ultimate parent75–100%
Three Oceans Fish Company Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2024 (profit £1.3m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 22 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.