BLUESHELL MUSSELS LIMITED
Company number SC254395 · Monitor this company
Executive summary
Blueshell Mussels is a financially robust, vertically integrated mussel producer operating from the UK's premier aquaculture location in Shetland. Its balance sheet — with £16.1M net assets, minimal gearing, and £6.8M cash — places it well above sector norms and provides significant strategic optionality in an industry characterised by high capital requirements and biological risk. The company's consistent reinvestment of earnings into tangible assets and its 2022 acquisition activity signal a growth-oriented strategy that positions it as a leader among independent Scottish aquaculture operators, though family governance and geographic concentration remain areas for ongoing attention.
Shareholders' funds
£16,081,933
Balance sheet as at 2025-07-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2003-08-18
- Employees
- 31 (2025 accounts · was 28 in 2024)
- Registered office
- Farm Office, Sparl, Brae, Shetland, Scotland, ZE2 9QJ
- Postcode
- ZE2 9QJ
- Capital
- 100 GBP
- Accounts category
- Total Exemption Full
- Charges
- 5 outstanding
Accounts
- Last made up to
- 2025-07-31
- Next due by
- 2027-04-30
- Financial year end
- 31 July
Confirmation statement
- Last statement dated
- 2026-09-20
- Next due by
- 2027-10-04
Nature of business (SIC)
- 3210 Marine aquaculture
- 10200 Processing and preserving of fish, crustaceans and molluscs
Officers 4 current · 2 resigned
Group structure 6 subsidiaries
-
SHETLAND CRAB LTD Dissolved
-
SI SEAFARMS LIMITED Dissolved
From persons-with-significant-control filings on the public register.
Previous company names
| Name | Date changed |
|---|---|
| PICNICGREAT LIMITED | 2003-09-04 |
Previous registered addresses 2
| Address | Changed on |
|---|---|
| QUI-NESS, MUCKLE ROE, BRAE, SHETLAND, ZE2 9QW | 2005-08-22 |
| 24 GREAT KING STREET, EDINBURGH, MIDLOTHIAN, EH3 6QN | 2003-09-01 |
Among its peers
Top 10%
by shareholders' funds, of 29 similar companies in ZE
2nd largest employer among its local peers (31 staff).
Among the oldest 25% of its local peers, trading since 2003.
No.2 of the largest marine aquaculture companies in Shetland →
Competitors Shetland
This company ranks 2 among marine aquaculture in Shetland.
The class of 2003
38%
of the 163,089 companies incorporated in 2003 are still active today; 59% have since been dissolved.
A fact about the year, not a forecast for this company.