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Seasalt Holdings Limited

04512575

active
Private Limited Company
england wales
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

UNIT 8 FALMOUTH BUSINESS PARK, FALMOUTH, TR11 4SZ
Incorporated 15/08/2002

Compliance

Last accounts

01/02/2025

group

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 08/08/2025

Due 22/08/2026

On track

Industry

47190
Other retail sale in non-specialised stores
47710
Retail sale of clothing in specialised stores
47721
47721

Officers

Mr Neil Michael Chadwick

director · Since 15/08/2002

RETAILER

BRITISH · UNITED KINGDOM · Age 60

Also on 3 other boards

Mr Leigh George Chadwick

director · Since 15/08/2002

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 17 other boards

Mr Leigh George Chadwick

secretary · Since 15/08/2002

CONSULTANT

BRITISH · ENGLAND · Age 69

Also on 17 other boards

Mr. Paul Leslie Hayes

director · Since 16/07/2018

SALES DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 1 other board

Mr Ned James Dorbin

director · Since 17/08/2018

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 2 other boards

Michelmores Secretaries Limited

secretary · Since 12/09/2018

BRITISH

Also on 343 other boards

Mr Michael John Harrison

director · Since 21/01/2020

DIRECTOR

BRITISH,AMERICAN · UNITED STATES · Age 66

Persons with Significant Control

Mr Leigh George Chadwick

Significant control

British · England · Age 69

Unit 8, Falmouth Business Park, Falmouth, TR11 4SZ

Notified 06/04/2016

Mr David Alfred Chadwick

25–50% votes

British · United Kingdom · Age 67

Unit 8, Falmouth Business Park, Falmouth, TR11 4SZ

Notified 06/04/2016

Mr Neil Michael Chadwick

Significant control

British · United Kingdom · Age 60

Unit 8, Falmouth Business Park, Falmouth, TR11 4SZ

Notified 06/04/2016

Bgf Nominees Limited

Significant control

13-15, York Buildings, London, WC2N 6JU

Reg: 10657217 · Register Of Companies For England And Wales · Private Limited Company

Notified 17/08/2018

Charges3 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 13/08/2025Registered 19/08/2025
Charge
outstanding

BARCLAYS BANK PLC

Created 11/12/2023Registered 14/12/2023
Charge
outstanding

BGF NOMINEES LIMITED (AS SECURITY TRUSTEE)

Created 30/07/2020Registered 05/08/2020
Charge
satisfied

LEIGH CHADWICK (AS SECURITY TRUSTEE)

Created 30/07/2020Registered 05/08/2020Satisfied 17/01/2023
Charge
satisfied

SANTANDER UK PLC

Created 29/09/2014Registered 01/10/2014Satisfied 18/12/2023
charge
satisfied

CLYDESDALE BANK PLC

Created 26/10/2010Registered 28/10/2010Satisfied 03/10/2014

CompanyRankvs 14260+ SIC 47190 peers
62

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.26× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group and parent company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect

Key FinancialsYear ending 01/02/2025

Turnover

£149.6M

Annual revenue

Net Worth

£26.5M

Balance sheet strength

Cash

£4.8M

Cash in the bank

Profit Before Tax

£4.0M

Bottom line earnings

Net Current Assets

£8.7M

Working capital

Current Assets

£42.4M

Current Liabilities

£33.7M

Fixed Assets

£21.6M

Debtors

£10.0M

Cost of Sales

£67.9M

Gross Profit

£81.7M

Admin Expenses

£74.0M

Operating Profit

£7.7M

Profit After Tax

£2.7M

1325avg. employees+38

Tax at Year End

Dividends paid-£320k

People Costs

Wages & salaries£33.2M
NI contributions£2.7M

Balance Sheet

Intangible assets£8.8M
Bank loans & overdrafts£2.4M
Assets less current liabilities£30.3M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20251.26+£2.8M
20241.41

Derived from filed accounts. Not audited figures.