Back to search

Cornish Sea Salt Company Limited

05169406

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

POL GWARRA, PORTHKERRIS, HELSTON, TR12 6QJ
Incorporated 02/07/2004

Compliance

Last accounts

30/06/2025

small

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 02/07/2026

Due 16/07/2027

On track

Industry

08930
Extraction of salt

Officers

Mr Mark Sullivan

director · Since 05/07/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 14 other boards

Mr Philip Anthony Daniel Tanswell

director · Since 28/03/2012

CHIEF OPERATING OFFICER

BRITISH · UNITED KINGDOM · Age 53

Also on 2 other boards

Mr Simon David Toft

director · Since 11/12/2012

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 1 other board

Ms Suzanne Skerry

director · Since 01/01/2014

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 2 other boards

Mr John Mcgroary

director · Since 01/07/2025

OPERATIONS MANAGER

BRITISH · ENGLAND · Age 57

Persons with Significant Control

Provenance Brands Limited

75–100% shares
75–100% votes

Ocean House, Lower Quay, Helston, TR12 6UD

Reg: 08140845 · England · Private Limited Company

Notified 11/05/2023

Former PSCs

Mr Mark Sullivan

Ceased 11/05/2023

Charges2 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 05/08/2015Registered 10/08/2015
charge
outstanding

SANTANDER UK PLC AS SECURITY TRUSTEE (SECURITY HOLDER) FOR EACH GROUP MEMBER

Created 11/10/2012Registered 12/10/2012

CompanyRankvs 15+ SIC 08930 peers
78

Financial strength94th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.47× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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 30/06/2025

Net Worth

£4.2M

Balance sheet strength

Cash

£534k

Cash in the bank

Net Current Assets

£2.8M

Working capital

Current Assets

£3.6M

Current Liabilities

£810k

Fixed Assets

£2.0M

Debtors

£2.3M

Profit After Tax

£473k

49avg. employees+10

Tax at Year End

Dividends paid-£452k

Balance Sheet

Intangible assets£28k
Bank loans & overdrafts£136k
Assets less current liabilities£4.8M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20254.47+£631k
20233.80

Derived from filed accounts. Not audited figures.