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Salt Solutions Group Limited

06912468

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

9 WOOTTON STREET, LONDON, SE1 8TG
Incorporated 21/05/2009

Compliance

Last accounts

31/12/2023

group

Next accounts due

23/03/2026

Overdue

Confirmation statement

Last: 21/05/2025

Due 04/06/2026

On track

Industry

78109
Other activities of employment placement agencies
78200
Temporary employment agency activities
78300
Human resources provision and management of human resources functions
82990
Other business support service activities

Officers

Mr Paul David Anthony Schiavo

director · Since 21/05/2009

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 22 other boards

Mr Jeff Jeffries

secretary · Since 02/01/2019

Mr Elliot David Dell

director · Since 09/03/2022

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 5 other boards

Persons with Significant Control

Mr Paul David Anthony Schiavo

25–50% shares
25–50% votes

British · United Kingdom · Age 50

9, Wootton Street, London, SE1 8TG

Notified 06/04/2016

Mr Marco Anthony Raphael Schiavo

25–50% shares
25–50% votes

British · England · Age 45

9, Wootton Street, London, SE1 8TG

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

LEUMI ABL LIMITED

Created 10/01/2017Registered 12/01/2017
charge
satisfied

VENTURE FINANCE PLC

Created 12/02/2010Registered 24/02/2010Satisfied 03/09/2019

CompanyRankvs 109000+ SIC 78109 peers
39

Financial strength100th percentile among SIC peers · 25/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.24× · 2/20
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.

Employees2/15 pts

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

Liquidity2/20 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

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2023

Net Worth

£5.6M

Balance sheet strength

Cash

£619k

Cash in the bank

Net Current Assets

-£1.4M

Working capital

Current Assets

£435k

Current Liabilities

£1.8M

Fixed Assets

£193k

Debtors

£433k

Cost of Sales

£37.0M

Admin Expenses

£18.6M

Profit After Tax

-£1.9M

0avg. employees

Tax at Year End

Corp tax£19k
Dividends paid-£703k

People Costs

Wages & salaries£13.1M

Balance Sheet

Intangible assets£111k
Bank loans & overdrafts£32k
Assets less current liabilities£1.3M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20230.24+£5.6M
20220.22-£24
20210.08+£0
20201.10

Derived from filed accounts. Not audited figures.