Scottish company Aquascot was founded in 1987 and is a supplier to the British high end retailer.
In a report posted in Companies House for the year ended Jan 31st 2018, company turnover rose by 28.4%.
That year’s gross profit of GDP 5.6 million and gross margin of 8.9%, were lower than the previous year’s (GDP 6.7 million and 13.6%).
Aquascot said that the management and the execution of the companies objectives are subject to a number of risks: which were “securing the supply of high quality raw material” and “maintaining first class manufacturing facilities.”
Operational profit was down 57% from 2017’s GDP 2.1 million to GDP 888.5 thousand. The higher cost of raw material was a factor.
The company said that the purpose of Aquascot (“which acts as a hub for its customers”) is “to manage the selection of farmed fish in order to ensure that rigourous and consistant standards of raw material selection are met.”