# THORNBAY LIMITED (SC242805)

> THORNBAY LIMITED is an active private limited company (company number SC242805) incorporated on 23 January 2003, registered in Banff. Its registered activity is marine fishing (SIC 03110). Latest small accounts cover the period ending 31 March 2025, showing net assets of £1.01m and cash of £112k, with 1 employee on average. Net assets rose 1% on the prior period (£1.00m).

- Status: Active
- Incorporated: 2003-01-23
- Registered office: Banff, AB45 2JQ
- SIC 03110: Marine fishing
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-02-06
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 538 comparable companies in Aberdeen (median £15k, upper quartile £145k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £1.01m | £112k | £4,112 | — | — | — | 1 |
| 2024-03-31 | £1.00m | £75k | £3,193 | — | — | — | 1 |

size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £1,008,456 at 31 March 2025
- Cash at bank of £50,000 or more: Cash £112,340
- Incorporated five or more years ago: Incorporated 23 January 2003

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mrs Angela Hellen Isobel Lovie — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-04-06
- Mr James William Lovie Jnr — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/SC242805
HTML: https://firmoscan.com/company/SC242805-thornbay-limited