Salt Express Limited

Salt Express Limited, based in Somerset, UK, is a small, active company established 22 years ago in 2003. Employing ten people, the firm holds £1,774,763 in assets and operates from a real address in Weston Super Mare. With two directors and a solo founder, the company enjoys a perfect 5.0 Google rating from eight reviews. It’s a regular importer, specializing in salt, sulphur, earths, stone, plaster, lime, and cement, with 113 months of import activity recorded, the latest in February 01, 2025.

The company’s core business appears to be wholesale trade, operating within the non-specialised wholesale trade industries. While a website isn't available to analyze, this suggests a business-to-business model rather than direct consumer sales.

Financially, Salt Express Limited presents a mixed picture. Current assets increased by 10%, reaching £1,800,000, while net assets jumped a significant 100% to £2,100,000. Bank borrowings decreased by 4.5%, settling at £290,000, and cash reserves saw a substantial 130% increase to £410,000. Creditors decreased by 7.3%, indicating improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Dividends paid increased by 60%, reaching £80,000. Despite these positive trends, the company’s losses deepened, with net losses rising to -£23,000. The company's retained earnings and accumulated losses increased to £720,000.

No auditor is mentioned, likely due to the company’s small size and exemption from an audit. The figures are unaudited, and rely on director-reported data. Overall, Salt Express Limited appears to be financially stable, but the increase in losses suggests a need for careful monitoring and potential adjustments to operations.

Registered in England/Wales under the registration number 04752453, with a registered address at BS23 2QZ, United Kingdom, Somerset, 2 Stafford Place, Weston Super Mare.

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