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Salt Express Limited

04752453

active
ltd
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

2 Stafford Place, Weston Super Mare, Somerset, BS23 2QZ
Incorporated 02/05/2003

Compliance

Last accounts

31/03/2025

unaudited abridged

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 02/05/2026

Due 16/05/2027

On track

Industry

46900
Non-specialised wholesale trade

Officers

Mr Elliott Charles Withers

director · Since 02/05/2003

WHOLESALER

BRITISH · UNITED KINGDOM · Age 59

Also on 4 other boards

Jayne Hurst

secretary · Since 01/05/2007

BRITISH · Age 53

Elliott Charles Withers

director · Since 02/05/2003

British · United Kingdom · Age 59

Jayne Hurst

secretary · Since 01/05/2007

British

Persons with Significant Control

Mr Elliott Charles Withers

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 59

Elm Tree Farm, Elm Tree Farm, Highbridge, TA9 4HA

Notified 06/04/2016

Charges1 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/03/2015Registered 07/04/2015Satisfied 28/09/2024
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 02/02/2015Registered 03/02/2015Satisfied 28/09/2024
Charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 24/10/2014Registered 27/10/2014

Change History

status → active
2026-06-28

Active

type → ltd
2026-06-28

Private Limited Company

address line1 → 2 Stafford Place
2026-06-28

2 STAFFORD PLACE

post town → Somerset
2026-06-28

SOMERSET

CompanyRankvs 483+ SIC 46900 peers
78

Financial strength97th percentile among SIC peers · 24/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.73× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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483Salt Express Limited
88
How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£3.7M

Balance sheet strength

Cash

£2.2M

Cash in the bank

Net Current Assets

£2.6M

Working capital

Current Assets

£3.5M

Current Liabilities

£940k

Fixed Assets

£1.3M

Debtors

£911k

10avg. employees

Tax at Year End(2024)

Corp tax£238k
Dividends paid£50k

Balance Sheet

Assets less current liabilities£3.9M
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20253.73+£1.7M
20242.63+£641k
20231.43—

Derived from filed accounts. Not audited figures.