Salinity Solutions Ltd
12559772
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 07/09/2025
Due 21/09/2026
Industry
Officers
director · Since 27/04/2021
DIRECTOR
BRITISH · ENGLAND · Age 62
Also on 8 other boards
secretary · Since 01/06/2022
director · Since 04/07/2022
DIRECTOR
BRITISH · UNITED KINGDOM · Age 57
Also on 1 other board
director · Since 15/05/2024
DIRECTOR
BRITISH · ENGLAND · Age 56
Also on 1 other board
Persons with Significant Control
Former PSCs
Prof. Philip Andrew Davies
Ceased 27/04/2021
University Of Birmingham
Ceased 02/11/2022
Clean Engineering Limited
Ceased 02/11/2022
Mr Timothy James Naughton
Ceased 02/09/2021
CompanyRankvs 460+ SIC 36000 peers68
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
uncertainty and when management is aware, in making its assessment of material uncertainties relating to events or conditions that cast significant doubt upon the entity’s ability to continue as a going concern, the entity shall disclose those uncertainties. No such disclosures were considered necessary in preparing the Financial Statements. The directors are able to conclude that no material u
Key FinancialsYear ending 31/12/2024
Net Worth
£1.2M
Balance sheet strength
Cash
£1.0M
Cash in the bank
Net Current Assets
£1.1M
Working capital
Current Assets
£1.3M
Current Liabilities
£167k
Fixed Assets
£363k
Debtors
£265k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 7.58 | +£1.4M |
| 2023 | 2.74 | -£378k |
| 2023 | 3.20 | +£55k |
| 2022 | 3.78 | — |
Derived from filed accounts. Not audited figures.