Saltfire Stoves Ltd

Saltfire Stoves Ltd, based in Wareham, UK, is a small, family-run business with an active status. Founded sixteen years ago in 31st October 2008, the company employs ten people and holds £4,055,578 in assets. With a real registered address and two directors and owners, it’s a tight-knit operation. The company regularly imports iron or steel products (7 months imported, last in August 2022) and exports them (9 months exported, last in February 1925). It operates in the other retail sale not in stores, stalls or markets industries.

The company’s website highlights its focus on woodburning, multifuel, and log burners, alongside chimney flue pipe and related accessories. It caters to both trade customers and the public, offering expert advice from qualified Solid Fuel Engineers. The site lists several brands, including Apple Pie, Ekol, and Peanut, and features a showroom and installer’s blog. It’s clear the company is focused on providing quality stoves and related products, with a strong emphasis on customer service and expert advice.

Financially, Saltfire Stoves Ltd shows a mixed picture. Current assets dropped by 11% to £4,100,000, while net assets declined 11% to £3,800,000. Bank borrowings increased by a significant 200% to £2,000. Creditors also rose substantially, increasing by 200% to £300,000. 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 stay agile, but the increase in borrowings and decline in cash reserves suggest potential cash flow pressures. Depreciation for computer equipment increased by 6.1%, and for motor vehicles by 5.4%. With no auditor mentioned, the figures rely on unaudited statements.

In short, Saltfire Stoves Ltd is a well-established business facing the challenges of a competitive market. Its focus on quality products and expert advice positions it well, but managing cash flow will be key to its continued success.

Registered in England/Wales under the registration number 06712213, with a registered address at BH20 4BG, Wareham, Dorset, Station Works, Johns Road.

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