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Salt Creating Futures Limited

06912623

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

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

Compliance

Accounts

Up to date

Confirmation statement

Up to date

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 Elliot David Dell

director · Since 09/03/2022

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 5 other boards

Persons with Significant Control

Salt Solutions Group Limited

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

9, Wootton Street, London, SE1 8TG

Reg: 06912468 · Companies House · Limited

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

LEUMI ABL LIMITED

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

VENTURE FINANCE PLC

Created 05/02/2010Registered 09/02/2010Satisfied 09/07/2018

CompanyRankvs 3934+ SIC 78109 peers
49

Financial strength99th percentile among SIC peers · 25/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.46× · 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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3934Salt Creating Futures Limited
69
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.

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 31/12/2024

Net Worth

£2.5M

Balance sheet strength

Cash

£2k

Cash in the bank

Profit Before Tax

-£226k

Bottom line earnings

Net Current Assets

£2.6M

Working capital

Current Assets

£8.2M

Current Liabilities

£5.6M

Debtors

£8.1M

Admin Expenses

£3.9M

Profit After Tax

-£226k

0avg. employees-46

Tax at Year End(2023)

Corp tax£0
Dividends paid£250k

People Costs

Wages & salaries£2.7M

Balance Sheet

Bank loans & overdrafts£406k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20241.46
20231.51
20211.44
20201.60

Derived from filed accounts. Not audited figures.