Alan Salter Limited

Alan Salter Ltd from London UK: a small company with an active status, was founded 39 years ago. It employs just three people and holds £17,714 in assets, operating from a virtual address. The business is a family affair, managed by three directors and two owners. Regular imports of miscellaneous metal items have been ongoing for 32 months, with the last import occurring in June 2023.

The company's website positions Alan Salter Ltd as a promotional gift sourcing specialist, boasting over 30 years of experience. It sources retail, promotional, and fundraising products and has a loyal client base. The site categorizes products by material (metal, magnetic, rubberized) and offers special deals. Alan Salter Ltd operates from a physical address in London, NW4 2JX, but the fact that 798 companies are registered at the same address suggests it is a virtual address.

Financially, Alan Salter Ltd’s recent performance shows some concerning trends. Current assets have fallen significantly, dropping 83% to just £18,000, while net assets have also decreased, falling 12% to -£390,000. Bank overdrafts have surged by an astonishing 88,000%, reaching £20,000, and cash reserves have shrunk by 93%, leaving just £950. Creditors have decreased by 10%, which is a positive sign, but the substantial decline in assets and cash raises questions about the company’s financial health. The company’s small size—meeting two of three conditions for being classified as small—means it’s exempt from an audit, so the figures are unaudited. It’s clear that Alan Salter Ltd is facing some financial pressures, although the company’s long history and family ownership suggest resilience.

Registered in England/Wales under the registration number 01930584, with a registered address at W1G 0PW, United Kingdom, London, 14th Floor 33 Cavendish Square.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.