Wilson Salt Limited

Wilson Salt Ltd, based in Belfast, UK, is a small, holding company with an active status, celebrating 44 years since its founding in 1981. The company employs 17 people and boasts assets of £7,613,751. It has a real address, four directors, one owner, and a stellar 5.0 Google rating based on a single review. Wilson Salt regularly imports salt, sulphur, earths, stone, plaster, lime, and cement—a consistent pattern over the past 16 months, with the most recent import recorded in March 2024.

The company’s website highlights its role as Ireland’s largest salt processor, offering a wide range of salt products and services. It caters to diverse needs, from animal feed and water treatment to food-grade and industrial applications. Wilson Salt holds numerous accreditations, including ISO 9001, 14001, 45001, and BRCGS Food Safety, showcasing its commitment to quality and safety. The website also details a project funded by Invest NI, focused on sodium chloride recovery via crystallization processes. The business operates from Belfast and Waterford, offering nationwide delivery and custom water softening salt solutions.

Financially, Wilson Salt Ltd presents a mixed picture. While current assets increased by a significant 100% to £7,600,000, net assets also grew by 20% to £5,100,000. Bank borrowings remained relatively stable, and cash reserves saw a dramatic 650% increase to £2,900,000. However, trade debtors increased by 69%, suggesting potential challenges in collecting payments. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the increase in debtors warrants attention. The company’s unaudited financial statements, as is standard for small entities, are overseen by Feb Chartered Accountants. The average number of employees has risen by 12%, to 19, indicating potential growth or increased workload.

Overall, Wilson Salt Ltd appears to be a stable, well-established business with a strong reputation and a growing customer base. The increase in debtors is something to keep an eye on, but the company’s financial health seems generally sound.

Registered in Northern Ireland under the registration number NI014902, with a registered address at BT3 9AR, Northern Ireland, Belfast, 27 Duncrue Street.

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