Salt Separation Services Limited

Salt Separation Services Ltd from Rochdale, UK, is a sizable company, acting as a holding entity with an active status. Established 35 years ago in January 1990, it employs 81 people and boasts assets totaling £6,293,828. The company has a real address, is overseen by four directors and owned by two individuals, and enjoys a stellar 5.0 Google rating based on three reviews. It regularly imports and exports machinery, boilers, and mechanical appliances; parts, with a history of 70 months of imports and 357 months of exports.

The company’s website reveals a multifaceted operation beyond its core business of water treatment. Salt Separation Services provides design and manufacturing, service and commissioning, reverse osmosis plant hire, and spares and consumables. It serves a range of sectors, including defence, oil and gas, cruise ships, and industrial clients, offering bespoke solutions and a focus on desalination technology. It's clear the company prides itself on being a one-stop shop for clients, streamlining processes and providing expert support.

Financially, Salt Separation Services Ltd presents a mixed picture. While turnover increased by 13%, reaching £8.7 million, net assets declined by 15% to £5.2 million. Cash reserves improved by 38% to £730,000, which is good news, but bank borrowings increased by 2400%, reaching £29,000. Creditors decreased by 41%, which could be a sign of improved debt management. Staff costs decreased by 14%, which could be a result of cost-cutting measures or a shift in operational strategy. The company meets two of three criteria for being a large company, with turnover exceeding £36 million, a balance sheet total exceeding £18 million, and more than 250 employees. Champion Accountants LLP conducted the audit, and the financial statements are unaudited. The company’s financial trends suggest it’s navigating a competitive market, balancing growth with careful financial management.

Registered in England/Wales under the registration number 02457981, with a registered address at OL11 1AP, Rochdale, Lancs, Grosvenor House, Gorrell Street.

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