Salacia Group Ltd

Salacia Group Ltd, based in Cranbrook, UK, is a small, active company founded six years ago in 2019. Employing eleven people and holding £855,725 in assets, it’s a solo-founded operation managed by a single director and owner. The business operates a retail showroom and design service for bathrooms, boasting a perfect 5.0 Google rating from 39 reviews. It’s a regular importer of machinery, boilers, and mechanical appliances; parts, with nineteen months of import activity recorded, the latest in July 2024.

The company’s website, Salacia Bathrooms, emphasizes creating dream bathrooms through design consultations and a carefully selected range of high-quality bathroom suites and showers. It operates showrooms in Cranbrook and Maidstone, Kent, offering lifestyle room sets and matching accessories. The website highlights a commitment to clear pricing, design fulfilment, and a full-service experience from design to completion. It also offers a trade account for plumbers, builders, and designers.

Financially, Salacia Group Ltd shows some interesting trends. Cash reserves jumped 120% to £390,000, a significant boost, while current assets grew 40% to £1.2 million. However, creditors increased by 38% to £1 million, and bank borrowings decreased by 45% to £12,000. Net assets also increased by 69% to £290,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible. The increase in creditors suggests a need to manage debt, and the rise in assets shows a healthy growth in business. The company’s unaudited financial statements, exempt due to its small size, rely on director-reported data.

The company’s success seems to be built on its design services and showroom experience, differentiating it from online retailers. The increase in assets and cash reserves indicates a positive trajectory, but careful management of creditors will be key to sustaining this growth.

Registered in England/Wales under the registration number 11861628, with a registered address at TN17 2LJ, United Kingdom, Cranbrook, Kent, Wilsley Park Farm, Goudhurst Road.

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