Salamander Stoves Ltd

Salamander Stoves Ltd, based in Newton Abbot, UK, is a small, active company established twelve years ago. With eleven employees and £1,042,313 in assets, it’s a modest operation run by three directors and two owners. The company boasts a real address and regularly imports iron or steel products (four months of activity) while exporting them for a more substantial fifty-four months.

Salamander Stoves Ltd operates as an agent specializing in the sale of other particular products, with a focus on stoves. The company’s website is currently unavailable, so it's unclear if they operate an e-commerce platform.

The financial report reveals a mixed picture. While cash reserves increased by a significant 64% to £830,000, current assets have decreased by 11% to £1,000,000. Trade debtors have fallen dramatically by 88%, which could indicate improved collections or reduced sales. However, creditors have also fallen by 52%, and net assets have increased by 110% to £700,000. The company’s small size—meeting two of three criteria for a small company (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees)—allows for agility. A notable increase in the average number of employees, from eleven to fourteen, suggests potential growth or increased workload. The company is exempt from an audit, relying on unaudited financial statements.

The sharp decrease in debtors could be a sign of improved financial management, or it could indicate a slowdown in sales. The rise in average employees suggests the company is expanding its operations, which is a good sign. The company’s financial health appears stable, but the decrease in current assets warrants monitoring.

Registered in England/Wales under the registration number 08251077, with a registered address at TQ12 6AF, Newton Abbot, Devon, Rosemount Canada Hill, East Ogwell.

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