ORGANIC SEA HARVEST HOLDINGS LIMITED
Get an alert when ORGANIC SEA HARVEST HOLDINGS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-06-30 (in 1mo)
Last filed for 2023-12-31
Confirmation statement due
2027-04-16 (in 11mo)
Last made up 2026-04-02
Watchouts
Cash
£399K
+0.5% highest in 4 filed years
Net assets
-£17M
-8,446.1% lowest in 4 filed years
Employees
24
+9.1% highest in 4 filed years
Profit before tax
-£17M
-1,348.3% vs 2022
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
As explained in note 1.4, the directors do not believe that it is appropriate to prepare these financial statements on a going concern basis. We draw attention to note 1.4 of the financial statements, which explains that the directors have taken the decision to cease trading in 2025 and therefore do not consider it to be appropriate to adopt the going concern basis of accounting.
Net assets
5-year trend · vs Consumer Staples median
Accounts
5-year trend · latest reflected 2023-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £19,358,462 | £16,363,483 | |
| Operating profit | — | — | — | -£313,033 | -£15,165,067 | |
| Profit before tax | — | — | — | -£1,145,149 | -£16,584,936 | |
| Net profit | — | -£191,750 | — | -£1,145,149 | -£16,584,936 | |
| Cash | — | £130,681 | £27,729 | £397,298 | £399,420 | |
| Total assets less current liabilities | — | £8,946,967 | £10,532,166 | £6,292,005 | -£16,048,997 | |
| Net assets | — | £4,048,649 | £3,433,848 | -£193,192 | -£16,510,379 | |
| Equity | £4,107,065 | £4,048,649 | £3,433,848 | -£193,192 | -£16,510,379 | |
| Average employees | — | 0 | 0 | 22 | 24 | |
| Wages | — | — | — | £1,106,416 | £1,308,358 | |
| Directors' remuneration | — | — | — | £137,738 | £149,870 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2022 → FY2023 · period ending 2023-12-31 vs 2022-12-31
-
Turnover
-15.5%
£19,358,462 £16,363,483
-
Cash
+0.5%
£397,298 £399,420
highest in 4 filed years
-
Net assets
-8,446.1%
-£193,192 -£16,510,379
lowest in 4 filed years
-
Employees
+9.1%
22 24
highest in 4 filed years
-
Operating profit
-4,744.6%
-£313,033 -£15,165,067
-
Profit before tax
-1,348.3%
-£1,145,149 -£16,584,936
-
Wages
+18.3%
£1,106,416 £1,308,358
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | -1.6% | -92.7% | |
| Net margin | — | — | — | -5.9% | -101.4% | |
| Return on capital employed | — | — | — | -5.0% | 94.5% | |
| Gearing (liabilities / total assets) | — | — | — | 100.8% | 257.9% | |
| Current ratio | — | — | — | 0.73x | 0.11x | |
| Interest cover | — | — | — | -0.38x | -10.67x |
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 2 times since incorporation
- ORGANIC SEA HARVEST HOLDINGS LIMITED 2021-05-07 → present
- VILLA SEAFOOD UK LTD 2015-11-19 → 2021-05-07
- DREVER SEAFOODS LTD 2009-10-09 → 2015-11-19
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“As explained in note 1.4, the directors do not believe that it is appropriate to prepare these financial statements on a going concern basis. We draw attention to note 1.4 of the financial statements, which explains that the directors have taken the decision to cease trading in 2025 and therefore do not consider it to be appropriate to adopt the going concern basis of accounting.”
Group structure
- ORGANIC SEA HARVEST HOLDINGS LIMITED · parent
- Organic Sea Harvest Limited 86%
- Organic Sea Harvest Sales Limited 100%
Significant events
- “In 2023 the group faced biological challenges in line with rest of the Scottish salmon farming industry. These challenges resulted in lower growth and higher production costs on both farms.”
- “OSH farming operations remained economically unviable, resulting in the board of OSH making the difficult decision to fallow the two existing farming sites until refinancing of the business can be agreed.”
- “Organic Sea Harvest Ltd has successfully achieved consent to develop a third site granted in September 2024 and a fourth farming site granted in April 2025.”
- “The directors are in the process of refinancing the group and discussions. All strategic options are being considered.”
- “In early 2025, the board took the decision to fallow the farming sites and reduce business costs whilst exploring refinancing options.”
- “The recoverable value of the remaining tangible and intangible assets remains uncertain and will be influenced by future investment decisions, disposal strategies, and ongoing asset realisation efforts.”
- “A decision to cease trading was taken in March 2025 while the directors pursue additional investment to enable the group to continue.”
- “In addition to the losses on biomass held at 31 December 2023, in 2024/2025 the group incurred additional losses on biomass amounting to £7,992,643 relating to fish put to sea in 2024 and scheduled for 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BROUWER, Tiemen | Director | 2021-04-01 | Mar 1989 | Dutch |
| PORPORO, Domenic | Director | 2017-04-01 | May 1967 | Canadian |
| THU, Ove Magnar | Director | 2017-04-01 | Mar 1971 | Norwegian |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DREVER, Hugh Mackay | Secretary | 2021-04-01 | 2024-10-31 |
| BRIAN REID LTD. | Corporate Secretary | 2009-10-09 | 2009-10-09 |
| DREVER, Hugh Mackay | Director | 2009-10-09 | 2021-04-01 |
| KRUIS, Ernst Jan | Director | 2020-06-15 | 2022-10-01 |
| MABBOTT, Stephen George | Director | 2009-10-09 | 2009-10-09 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Visscher Seafood Aquaculture B.V. | Legal person | Shares 25–50%, Voting 25–50% | 2023-12-06 | Active |
| Visscher Seafood B.V. | Corporate entity | Shares 25–50%, Voting 25–50% | 2020-06-16 | Ceased 2023-12-06 |
| 2400074 Ontario Inc. | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-08-01 | Active |
| Blue Resource Group As | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 74 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-29 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-06-25 | AA01 | accounts | Change account reference date company current extended | |
| 2025-06-12 | AA | accounts | Accounts with accounts type group | |
| 2025-04-16 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-04-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-03 | CH01 | officers | Change person director company with change date | |
| 2025-04-03 | CH01 | officers | Change person director company with change date | |
| 2024-11-07 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-04-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-08 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-02-01 | PSC03 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-02-01 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-09-06 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-06-19 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-05-03 | TM01 | officers | Termination director company with name termination date | |
| 2023-04-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-03-08 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-08-17 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-04-06 | 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.