海角视频

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海角视频 Fisheries profits down as Hull firm awaits outcome of Brexit

The company's Kirkella trawler supplies a twelfth of the country's fish and chip shops

海角视频 Fisheries trawler Kirkella docked at King George Dock, Hull.(Image: Peter Harbour)

Profits at the fishing company which owns Hull-based trawler Kirkella took a hit last year, as the firm invested heavily in its fleet.

海角视频 Fisheries, headquartered in Hessle, said a “restructuring of its fishing fleet” had reduced the number of days its vessels had been out catching fish throughout 2018.

The company reported profits were down over £6m compared to 2017, as turnover also slipped from £70.9m to £62.7m.

In 2018, 海角视频 Fisheries launched its Kirkella trawler. Operating out of the Port of Hull, the state-of-the-art vessel supplies around a twelfth of all fish and chip shops across the country.

Earlier this month, 海角视频 Fisheries CEO Jane Sandell warned a no-deal Brexit could have a devastating impact on its fishing activities in the White Sea.

Directors at 海角视频 Fisheries wrote in recently-filed accounts: “Turnover has decreased by £8.2m in 2018, the principle reasons for this being due to the group restructuring of its fishing fleet, reducing the available operational days for certain group vessels.

海角视频 Fisheries CEO Jane Sandell aboard the trawler Kirkella docked at King George Dock, Hull.(Image: Peter Harbour)

“The continued investment in the group fleet; with further capital expenditure of £26.4m during the year, has resulted in the build completion of two new state-of-the-art vessels during 2018.

“Both of these vessels became operational during the year and has secured the future of the group.”