Company Overview
Venture Fishing Company Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 21 May 2008, so this is a well established company. Venture Fishing Company Limited has been in business for 17 years and 10 months. The accounts status is total exemption full and the accounts are next due on Tuesday 30 June 2026.
Registered Address

Mair's Quay, Holmsgarth, Lerwick, Shetland, ZE1 0PW
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Companies House Data
Company NameVENTURE FISHING COMPANY LIMITED
Company NumberSC343169
Registered Office AddressMair's Quay
 Holmsgarth
 ZE1 0PW
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date21/05/2008
Accounting Reference Date Day30
Accounting Reference Date Month9
Accounts Next Due Date30/06/2026
Accounts Last Made Up Date31/03/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date18/06/2017
Returns Last Made Up Date21/05/2016
Directors & Members
Show Resigned
Andrew Crossan - Director
(Scottish, 51 years old, born June 1975)
Appointed 27 November 2024
 Active
Brian Spence - Director
(British, 57 years old, born March 1969)
Appointed 27 November 2024
 Active
Charles Spence - Director
(Scottish, 57 years old, born March 1969)
Appointed 27 November 2024
 Active
Lhd Limited - Director
Appointed 21 May 2008
 Active
Secretaries
Show Resigned
John Scollay - Secretary
Appointed 01 June 2025
 Active
Other Company Directorships
Andrew Crossan
H. WILLIAMSON & SONS (SCALLOWAY) LIMITED
L.H.D.LIMITED
SHETLAND LETTING COMPANY LIMITED
SHETLAND SEAFOOD AUCTIONS LIMITED
VALHALLA FISHING COMPANY LTD
Brian Spence
No companies found
Charles Spence
ADENIA FISHING CO. LIMITED
ALISON KAY FISHING COMPANY LIMITED
Lhd Limited
TRANQUILITY FISHING COMPANY LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2023 31-Mar-2022
Balance Sheet
Fixed Assets 932,859 932,859 920,223
Current Assets 12,577 12,577 -79,670
Creditors Due Within One Year 46,208 46,208 33,333
Working Cap -33,631 -33,631 -113,003
Total Assets Less Current Liabilities 899,228 899,228 807,220
Long-term Liabilities 115,629 115,629 95,817
Net Assets 783,599 783,599 711,403
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 783,599 783,599 711,403
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2023 31-Mar-2022
Tangible Fixed Assets - - -
Fixed Assets 98.7% 98.7% 109.5%
Stocks Inventory - - -
Debtors 15.9% 15.9% 11.3%
Cash Bank In Hand - - -
Current Assets 1.3% 1.3% -9.5%
Creditors Due Within One Year 4.9% 4.9% 4.0%
Net Current Assets Liabilities -3.6% -3.6% -13.4%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 82.9% 82.9% 84.6%
Capital Employed - - -
Total Assets Less Current Liabilities 95.1% 95.1% 96.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2023 31-Mar-2022
Liquidity Ratio 0.3 0.3 -2.4
Solvency Ratio 5.8 5.8 6.5
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 6
Mortgages Outstanding 4
Mortgages Part Satisfied 0
Mortgages Satisfied 2
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2023 31-Mar-2022
Assets 945,436 945,436 840,553
Debt 161,837 161,837 129,150
Net Assets/Debt 783,599 783,599 711,403

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.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. 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 latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. 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 latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   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.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. 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 latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

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
Other Business around ZE1 0PW
D.I.T.T. CONSTRUCTION LIMITED
HOLMSGARTH ROAD, LERWICK, SHETLAND, ZE1 0PW
THULIUM PROPERTY LIMITED
DITT, HOLMSGARTH ROAD, LERWICK, SHETLAND, ZE1 0PW
BURGESS GARAGE (SHETLAND) UNLIMITED
HOLMSGARTH ROAD, LERWICK, SHETLAND, ZE1 0PW
Document Filings
Confirmation statement made on 2 December 2025 with no updates
Appointment of Mr John Magnus Scollay as a secretary on 1 June 2025
Termination of appointment of Hazel Jane Henderson as a secretary on 30 May 2025
Confirmation statement made on 2 December 2024 with updates
Current accounting period extended from 31 March 2025 to 30 September 2025
Appointment of Mr Andrew Crossan as a director on 27 November 2024
Appointment of Mr Charles Gary Spence as a director on 27 November 2024
Appointment of Mr Brian Spence as a director on 27 November 2024
Notification of L.H.D. Limited as a person with significant control on 24 October 2024
Cessation of Jerry Andrew Pottinger as a person with significant control on 24 October 2024
Termination of appointment of Jerry Andrew Pottinger as a director on 24 October 2024
Termination of appointment of Robert Craig Hutchison as a director on 24 October 2024
Termination of appointment of Ivor Moffat as a director on 24 October 2024
Confirmation statement made on 21 May 2024 with no updates
Confirmation statement made on 21 May 2023 with no updates
Confirmation statement made on 21 May 2022 with no updates
Confirmation statement made on 21 May 2021 with updates
Director's details changed for Lhd Limited on 23 November 2020
Cancellation of shares. Statement of capital on 20 January 2021
Purchase of own shares.
Termination of appointment of Sean Andrew Sparrow as a director on 20 January 2021
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