English Salvage Ltd

English Salvage Ltd, based in Herefordshire, UK, is a small, family-run business with an active status. Founded 21 years ago, the company employs 45 people and holds £784,277 in assets. It’s managed by three directors and owned by two individuals, Woods Prudence Ann and Woods Rupert Jonathan. The company operates from a real address, Wellington Home and Gardens, and is a regular importer and exporter of iron or steel products, with 29 months of import activity and 15 months of export activity recorded.

The company’s website, though not detailed, indicates a diverse range of activities, including retail sales of flowers, plants, seeds, fertilizers, pet animals, and pet food, as well as the sale of second-hand goods and antiques. It also operates licensed restaurants. The company’s name suggests a focus on architectural salvage, but this aspect isn't explicitly detailed on the website.

Financially, English Salvage Ltd shows a mixed picture. Current assets decreased by 4.7% to £780,000, while net assets increased by 9.1% to £910,000. Bank borrowings decreased significantly by 48% to £96,000, and cash reserves increased by 76% to £67,000. Creditors decreased by 11%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the changes in bank borrowings are worth noting. The company is exempt from an audit as a small company.

The company’s financial data also reveals a trend of increasing depreciation charges for property, plant, and equipment, which could indicate ongoing investment in assets. It’s also interesting to note that the company’s employee numbers increased slightly, from 45 to 49, suggesting a period of growth. Overall, while the company appears to be financially stable, the changes in bank borrowings and the increase in depreciation charges warrant further observation.

Registered in England/Wales under the registration number 05081433, with a registered address at HR4 8BB, United Kingdom, Herefordshire, Wellington Home And Gardens A49, Wellington.

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