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From Insider Media | Monday 24 September 2018

Turnover has grown to more than £120m at the East Yorkshire-based UK arm of an Icelandic fish retailer, but the acquisition of a new site has affected profits.

Seagold was established in 1996 as the UK’s marketing arm for Samherji hf, selling Frozen at Sea fillets, from the ICE FRESH brand.

The Hessle-based company now sells in UK, France, Belgium, Germany, US, Poland and Greece with customers covering wholesale, retail and processing sectors. Much of the wholesale produce goes to the fish and chips trade.

Recently filed accounts for Seagold show the company reported turnover of £121.6m for the year ending 31 December 2017, up from £113.3m in 2016.

However, pre-tax profit was down to £1.05m from £1.35m the year before.

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