Salcol Uk Ltd

Salcol Uk Ltd is a small, holding company registered in London, UK, with an active status. Founded three years ago in August 2021, it employs a single person and operates from a virtual address shared by sixteen other companies. The company is led by one director and one owner, with Salco Ltd being the owner. Regular importer of drinks, alcohol, and vinegar (4 months imported).

The company's website showcases a focus on sourcing and exporting grains and commodities, particularly soya beans, ginger, hibiscus, sesame seed, cashew nuts, and cocoa. It targets brokers, traders, supermarket buyers, and hospitality businesses, promising competitive prices, guaranteed quality, and reliable delivery. The site highlights the director, Dr. Dimeji Lawuyi, who brings experience from a background in importing veterinary medicines and agroprocessing. The company is certified by DunBradstreet in South Africa, the FDA USA, and is a member of the NigeriaBritish Global Chamber of Commerce.

Financially, Salcol Uk Ltd presents a mixed picture. While cash bank on hand increased by a significant 100% to £60,000, creditors rose by 62% to £130,000. Net assets and liabilities both decreased by 38% to -£66,000, and net current assets and liabilities increased by 100% to £60,000. The company’s small size—meeting two of three conditions for a small company—allows for flexibility, but the decline in equity suggests potential challenges. The accounts are unaudited and classified as "filleted," meaning they are exempt from a full audit. There is no auditor mentioned.

The company’s focus on international trade and its lean operation suggest it's navigating a competitive market. The rise in creditors could indicate increased reliance on trade credit, and the declining equity may reflect ongoing investment in the business.

Registered in England/Wales under the registration number 13553564, with a registered address at N1 9EG, England, London, 10 Balfe Street.

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