british salt limited
british salt limited Company Information
Company Number
06398227
Next Accounts
Dec 2025
Shareholders
cheshire salt ltd
Group Structure
View All
Industry
Extraction of salt
Registered Address
natrium house winnington lane, northwich, cheshire, CW8 4GW
Website
www.british-salt.co.ukbritish salt limited Estimated Valuation
Pomanda estimates the enterprise value of BRITISH SALT LIMITED at £103m based on a Turnover of £74m and 1.39x industry multiple (adjusted for size and gross margin).
british salt limited Estimated Valuation
Pomanda estimates the enterprise value of BRITISH SALT LIMITED at £175.1m based on an EBITDA of £27.2m and a 6.43x industry multiple (adjusted for size and gross margin).
british salt limited Estimated Valuation
Pomanda estimates the enterprise value of BRITISH SALT LIMITED at £71m based on Net Assets of £60.2m and 1.18x industry multiple (adjusted for liquidity).
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British Salt Limited Overview
British Salt Limited is a live company located in cheshire, CW8 4GW with a Companies House number of 06398227. It operates in the extraction of salt sector, SIC Code 08930. Founded in October 2007, it's largest shareholder is cheshire salt ltd with a 100% stake. British Salt Limited is a established, large sized company, Pomanda has estimated its turnover at £74m with high growth in recent years.
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British Salt Limited Health Check
Pomanda's financial health check has awarded British Salt Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
6 Regular
2 Weak
Size
annual sales of £74m, make it larger than the average company (£33.7m)
£74m - British Salt Limited
£33.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (19%)
27% - British Salt Limited
19% - Industry AVG
Production
with a gross margin of 48.5%, this company has a comparable cost of product (49.2%)
48.5% - British Salt Limited
49.2% - Industry AVG
Profitability
an operating margin of 32.1% make it as profitable than the average company (32.3%)
32.1% - British Salt Limited
32.3% - Industry AVG
Employees
with 104 employees, this is similar to the industry average (91)
104 - British Salt Limited
91 - Industry AVG
Pay Structure
on an average salary of £55.6k, the company has an equivalent pay structure (£65.2k)
£55.6k - British Salt Limited
£65.2k - Industry AVG
Efficiency
resulting in sales per employee of £711.1k, this is more efficient (£403k)
£711.1k - British Salt Limited
£403k - Industry AVG
Debtor Days
it gets paid by customers after 48 days, this is near the average (50 days)
48 days - British Salt Limited
50 days - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is quicker than average (66 days)
34 days - British Salt Limited
66 days - Industry AVG
Stock Days
it holds stock equivalent to 45 days, this is less than average (67 days)
45 days - British Salt Limited
67 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (22 weeks)
0 weeks - British Salt Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.6%, this is a similar level of debt than the average (47.6%)
47.6% - British Salt Limited
47.6% - Industry AVG
BRITISH SALT LIMITED financials
British Salt Limited's latest turnover from March 2024 is £74 million and the company has net assets of £60.2 million. According to their latest financial statements, British Salt Limited has 104 employees and maintains cash reserves of £300 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 73,957,000 | 66,288,000 | 40,804,000 | 35,980,000 | 38,158,000 | 37,986,000 | 38,206,000 | 37,125,000 | 36,839,000 | 37,152,000 | 42,366,000 | 44,116,000 | 57,842,000 | 46,311,000 | 40,608,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 38,112,000 | 33,664,000 | 25,213,000 | 23,150,000 | 23,262,000 | 22,966,000 | 20,238,000 | 20,931,000 | 20,580,000 | 22,956,000 | 22,667,000 | 20,208,000 | 26,291,000 | 24,089,000 | 22,539,000 |
| Gross Profit | 35,845,000 | 32,624,000 | 15,591,000 | 12,830,000 | 14,896,000 | 15,020,000 | 17,968,000 | 16,194,000 | 16,259,000 | 14,196,000 | 19,699,000 | 23,908,000 | 31,551,000 | 22,222,000 | 18,069,000 |
| Admin Expenses | 12,134,000 | 11,222,000 | 10,184,000 | 10,181,000 | 10,228,000 | 10,739,000 | 9,287,000 | 3,550,000 | 4,075,000 | -11,917,000 | 9,352,000 | 8,234,000 | 10,460,000 | 11,199,000 | 7,886,000 |
| Operating Profit | 23,711,000 | 21,402,000 | 5,407,000 | 2,649,000 | 4,668,000 | 4,281,000 | 8,681,000 | 12,644,000 | 12,184,000 | 26,113,000 | 10,347,000 | 15,674,000 | 21,091,000 | 11,023,000 | 10,183,000 |
| Interest Payable | 4,349,000 | 3,210,000 | 2,072,000 | 1,842,000 | 1,901,000 | 1,948,000 | 728,000 | 25,000 | 507,000 | 1,068,000 | 1,999,000 | 4,737,000 | 5,687,000 | 6,468,000 | 8,302,000 |
| Interest Receivable | 1,027,000 | 751,000 | 573,000 | 611,000 | 709,000 | 812,000 | 1,524,000 | 4,000 | 5,000 | 4,000 | 4,000 | 1,849,000 | 759,000 | 42,000 | 1,085,000 |
| Pre-Tax Profit | 20,389,000 | 18,943,000 | 3,908,000 | 1,418,000 | 3,476,000 | 3,145,000 | 9,438,000 | 13,451,000 | 11,682,000 | 25,049,000 | 8,211,000 | 13,430,000 | 16,178,000 | 5,875,000 | 2,966,000 |
| Tax | 1,178,000 | -2,221,000 | -500,000 | -14,000 | -397,000 | -1,343,000 | 532,000 | 681,000 | -134,000 | 328,000 | 144,000 | -117,000 | -2,282,000 | -933,000 | |
| Profit After Tax | 21,567,000 | 16,722,000 | 3,408,000 | 1,404,000 | 3,476,000 | 2,748,000 | 8,095,000 | 13,983,000 | 12,363,000 | 24,915,000 | 8,539,000 | 13,574,000 | 16,061,000 | 3,593,000 | 2,033,000 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 21,567,000 | 16,722,000 | 3,408,000 | 1,404,000 | 3,476,000 | 2,748,000 | 8,095,000 | 13,983,000 | 12,363,000 | 24,915,000 | 8,539,000 | 13,574,000 | 16,061,000 | 3,593,000 | 2,033,000 |
| Employee Costs | 5,787,000 | 5,218,000 | 4,998,000 | 4,679,000 | 4,381,000 | 4,336,000 | 4,174,000 | 4,240,000 | 4,195,000 | 3,994,000 | 4,375,000 | 4,392,000 | 6,308,000 | 6,942,000 | 5,739,000 |
| Number Of Employees | 104 | 101 | 104 | 103 | 98 | 100 | 102 | 100 | 93 | 93 | 102 | 100 | 116 | 124 | 120 |
| EBITDA* | 27,225,000 | 24,847,000 | 8,895,000 | 6,282,000 | 8,237,000 | 7,022,000 | 11,199,000 | 15,049,000 | 14,364,000 | 28,091,000 | 14,203,000 | 19,794,000 | 26,673,000 | 15,991,000 | 15,091,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 63,976,000 | 50,133,000 | 43,671,000 | 40,984,000 | 44,029,000 | 31,393,000 | 28,271,000 | 26,074,000 | 26,874,000 | 26,537,000 | 31,517,000 | 32,671,000 | 33,552,000 | 34,938,000 | 33,949,000 |
| Intangible Assets | 31,762,000 | 37,421,000 | 35,669,000 | 30,496,000 | 31,485,000 | 29,971,000 | 30,276,000 | 30,427,000 | 30,466,000 | 30,608,000 | 20,552,000 | 22,111,000 | 23,749,000 | 25,921,000 | 27,340,000 |
| Investments & Other | 766,000 | 766,000 | 766,000 | 766,000 | 773,000 | 881,000 | 766,000 | 766,000 | 766,000 | 766,000 | 766,000 | 766,000 | 838,000 | 838,000 | 1,990,000 |
| Debtors (Due After 1 year) | 3,177,000 | 4,244,000 | 5,265,000 | 4,357,000 | 5,513,000 | 4,464,000 | |||||||||
| Total Fixed Assets | 95,738,000 | 87,554,000 | 79,340,000 | 71,480,000 | 70,001,000 | 61,364,000 | 58,547,000 | 56,501,000 | 57,340,000 | 57,145,000 | 52,835,000 | 55,548,000 | 58,139,000 | 61,697,000 | 63,279,000 |
| Stock & work in progress | 4,771,000 | 4,130,000 | 4,313,000 | 4,225,000 | 4,277,000 | 3,825,000 | 4,556,000 | 4,395,000 | 4,538,000 | 3,969,000 | 4,170,000 | 4,469,000 | 3,558,000 | 1,764,000 | 2,085,000 |
| Trade Debtors | 9,831,000 | 11,370,000 | 7,274,000 | 5,276,000 | 5,505,000 | 5,396,000 | 5,309,000 | 4,569,000 | 3,865,000 | 3,426,000 | 4,242,000 | 4,014,000 | 4,800,000 | 6,903,000 | 5,329,000 |
| Group Debtors | 1,794,000 | 1,491,000 | 762,000 | 1,110,000 | 18,850,000 | 3,907,000 | 511,000 | 30,524,000 | 24,171,000 | 93,446,000 | 58,823,000 | 38,984,000 | 18,767,000 | 436,000 | 673,000 |
| Misc Debtors | 2,464,000 | 992,000 | 5,044,000 | 982,000 | 1,010,000 | 2,129,000 | 1,357,000 | 492,000 | 613,000 | 769,000 | 2,288,000 | 3,910,000 | 3,018,000 | 2,460,000 | 4,170,000 |
| Cash | 300,000 | 1,510,000 | 1,771,000 | 8,153,000 | 1,610,000 | 1,000,000 | 480,000 | 254,000 | 144,000 | 828,000 | 70,000 | 2,071,000 | 1,290,000 | 7,355,000 | 2,735,000 |
| misc current assets | 352,000 | 550,000 | 15,000 | 267,000 | 3,465,000 | 157,000 | 498,000 | 220,000 | |||||||
| total current assets | 19,160,000 | 19,845,000 | 19,164,000 | 20,296,000 | 31,267,000 | 16,524,000 | 15,678,000 | 40,391,000 | 33,829,000 | 102,658,000 | 69,593,000 | 53,448,000 | 31,433,000 | 18,918,000 | 14,992,000 |
| total assets | 114,898,000 | 107,399,000 | 98,504,000 | 91,776,000 | 101,268,000 | 77,888,000 | 74,225,000 | 96,892,000 | 91,169,000 | 159,803,000 | 122,428,000 | 108,996,000 | 89,572,000 | 80,615,000 | 78,271,000 |
| Bank overdraft | |||||||||||||||
| Bank loan | 5,000,000 | ||||||||||||||
| Trade Creditors | 3,632,000 | 11,741,000 | 2,658,000 | 3,234,000 | 3,736,000 | 3,191,000 | 2,213,000 | 1,891,000 | 2,434,000 | 2,151,000 | 2,566,000 | 3,701,000 | 2,645,000 | 2,449,000 | 899,000 |
| Group/Directors Accounts | 2,410,000 | 627,000 | 677,000 | 627,000 | 2,009,000 | ||||||||||
| other short term finances | 7,148,000 | 1,052,000 | 71,000 | 209,000 | 3,207,000 | ||||||||||
| hp & lease commitments | 31,000 | 35,000 | 50,000 | 68,000 | 48,000 | ||||||||||
| other current liabilities | 8,806,000 | 11,319,000 | 15,562,000 | 14,506,000 | 19,403,000 | 7,709,000 | 7,428,000 | 2,175,000 | 2,957,000 | 88,686,000 | 2,324,000 | 3,095,000 | 2,636,000 | 5,321,000 | 2,100,000 |
| total current liabilities | 19,586,000 | 24,112,000 | 18,291,000 | 17,949,000 | 26,346,000 | 10,900,000 | 9,641,000 | 4,066,000 | 10,391,000 | 90,837,000 | 7,331,000 | 7,458,000 | 6,008,000 | 8,465,000 | 5,056,000 |
| loans | 64,306,000 | 87,534,000 | 107,476,000 | 105,896,000 | 101,575,000 | 100,896,000 | 100,419,000 | 76,111,000 | 71,043,000 | 66,314,000 | 69,900,000 | 74,400,000 | |||
| hp & lease commitments | 21,000 | 52,000 | 86,000 | 151,000 | 123,000 | ||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 280,000 | 840,000 | 1,120,000 | ||||||||||||
| provisions | 5,842,000 | 4,222,000 | 5,820,000 | 450,000 | 2,428,000 | 144,000 | 266,000 | 1,802,000 | 3,142,000 | 547,000 | 675,000 | 779,000 | 1,308,000 | 1,396,000 | |
| total long term liabilities | 35,074,000 | 45,878,000 | 56,648,000 | 53,173,000 | 55,336,000 | 50,896,000 | 50,491,000 | 133,000 | 901,000 | 1,571,000 | 76,679,000 | 71,770,000 | 67,459,000 | 72,199,000 | 77,039,000 |
| total liabilities | 54,660,000 | 69,990,000 | 74,939,000 | 71,122,000 | 81,682,000 | 61,796,000 | 60,132,000 | 4,199,000 | 11,292,000 | 92,408,000 | 84,010,000 | 79,228,000 | 73,467,000 | 80,664,000 | 82,095,000 |
| net assets | 60,238,000 | 37,409,000 | 23,565,000 | 20,654,000 | 19,586,000 | 16,092,000 | 14,093,000 | 92,693,000 | 79,877,000 | 67,395,000 | 38,418,000 | 29,768,000 | 16,105,000 | -49,000 | -3,824,000 |
| total shareholders funds | 60,238,000 | 37,409,000 | 23,565,000 | 20,654,000 | 19,586,000 | 16,092,000 | 14,093,000 | 92,693,000 | 79,877,000 | 67,395,000 | 38,418,000 | 29,768,000 | 16,105,000 | -49,000 | -3,824,000 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 23,711,000 | 21,402,000 | 5,407,000 | 2,649,000 | 4,668,000 | 4,281,000 | 8,681,000 | 12,644,000 | 12,184,000 | 26,113,000 | 10,347,000 | 15,674,000 | 21,091,000 | 11,023,000 | 10,183,000 |
| Depreciation | 3,432,000 | 3,363,000 | 3,406,000 | 3,552,000 | 3,487,000 | 2,659,000 | 2,437,000 | 2,323,000 | 2,098,000 | 1,896,000 | 2,393,000 | 2,657,000 | 3,754,000 | 3,505,000 | 3,445,000 |
| Amortisation | 82,000 | 82,000 | 82,000 | 81,000 | 82,000 | 82,000 | 81,000 | 82,000 | 82,000 | 82,000 | 1,463,000 | 1,463,000 | 1,828,000 | 1,463,000 | 1,463,000 |
| Tax | 1,178,000 | -2,221,000 | -500,000 | -14,000 | -397,000 | -1,343,000 | 532,000 | 681,000 | -134,000 | 328,000 | 144,000 | -117,000 | -2,282,000 | -933,000 | |
| Stock | 641,000 | -183,000 | 88,000 | -52,000 | 452,000 | -731,000 | 161,000 | -143,000 | 569,000 | -201,000 | -299,000 | 911,000 | 3,558,000 | -321,000 | 2,085,000 |
| Debtors | -831,000 | -248,000 | 6,620,000 | -19,153,000 | 14,982,000 | 8,719,000 | -28,408,000 | 6,936,000 | -68,992,000 | 32,288,000 | 18,445,000 | 20,323,000 | 26,585,000 | -373,000 | 10,172,000 |
| Creditors | -8,109,000 | 9,083,000 | -576,000 | -502,000 | 545,000 | 978,000 | 322,000 | -543,000 | 283,000 | -415,000 | -1,135,000 | 1,056,000 | 2,645,000 | 1,550,000 | 899,000 |
| Accruals and Deferred Income | -2,513,000 | -4,243,000 | 1,056,000 | -4,897,000 | 11,694,000 | 281,000 | 5,253,000 | -782,000 | -85,729,000 | 86,362,000 | -771,000 | 459,000 | 2,636,000 | 3,221,000 | 2,100,000 |
| Deferred Taxes & Provisions | 1,620,000 | -1,598,000 | 5,370,000 | -1,978,000 | 2,428,000 | -144,000 | -122,000 | -1,536,000 | -1,340,000 | 2,595,000 | -128,000 | -104,000 | 779,000 | -88,000 | 1,396,000 |
| Cash flow from operations | 19,591,000 | 26,299,000 | 7,537,000 | 18,096,000 | 7,470,000 | -248,000 | 43,556,000 | 5,927,000 | -3,318,000 | 84,412,000 | -5,649,000 | 115,000 | 2,473,000 | 19,086,000 | 6,296,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -7,000 | -108,000 | 115,000 | -72,000 | 838,000 | -1,152,000 | 1,990,000 | ||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -5,000,000 | 5,000,000 | |||||||||||||
| Group/Directors Accounts | -2,410,000 | 1,783,000 | -50,000 | 677,000 | -1,382,000 | 2,009,000 | |||||||||
| Other Short Term Loans | 6,096,000 | 981,000 | -138,000 | -2,998,000 | 3,207,000 | ||||||||||
| Long term loans | -23,228,000 | -19,942,000 | 1,580,000 | 4,321,000 | 679,000 | 477,000 | 100,419,000 | -76,111,000 | 5,068,000 | 4,729,000 | 66,314,000 | -4,500,000 | 74,400,000 | ||
| Hire Purchase and Lease Commitments | -52,000 | -35,000 | -49,000 | 136,000 | 48,000 | 171,000 | |||||||||
| other long term liabilities | -280,000 | 280,000 | -280,000 | 1,120,000 | |||||||||||
| share issue | |||||||||||||||
| interest | -3,322,000 | -2,459,000 | -1,499,000 | -1,231,000 | -1,192,000 | -1,136,000 | 796,000 | -21,000 | -502,000 | -1,064,000 | -1,995,000 | -2,888,000 | -4,928,000 | -6,426,000 | -7,217,000 |
| cash flow from financing | -19,192,000 | -24,298,000 | -554,000 | -244,000 | 2,712,000 | -1,408,000 | 14,520,000 | -6,188,000 | 4,617,000 | -75,575,000 | 4,932,000 | 1,551,000 | 62,523,000 | -12,358,000 | 64,626,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -1,210,000 | -261,000 | -6,382,000 | 6,543,000 | 610,000 | 520,000 | 226,000 | 110,000 | -684,000 | 758,000 | -2,001,000 | 781,000 | 1,290,000 | 4,620,000 | 2,735,000 |
| overdraft | |||||||||||||||
| change in cash | -1,210,000 | -261,000 | -6,382,000 | 6,543,000 | 610,000 | 520,000 | 226,000 | 110,000 | -684,000 | 758,000 | -2,001,000 | 781,000 | 1,290,000 | 4,620,000 | 2,735,000 |
british salt limited Credit Report and Business Information
British Salt Limited Competitor Analysis
Perform a competitor analysis for british salt limited by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other large companies, companies in CW8 area or any other competitors across 12 key performance metrics.
british salt limited Ownership
BRITISH SALT LIMITED group structure
British Salt Limited has 2 subsidiary companies.
Ultimate parent company
TATA CHEMICALS LTD
#0052471
2 parents
BRITISH SALT LIMITED
06398227
2 subsidiaries
british salt limited directors
British Salt Limited currently has 6 directors. The longest serving directors include Mr Jonathan Abbotts (Jan 2011) and Dr Martin Ashcroft (Jan 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jonathan Abbotts | United Kingdom | 60 years | Jan 2011 | - | Director |
| Dr Martin Ashcroft | 55 years | Jan 2011 | - | Director | |
| Mr David Davies | United Kingdom | 53 years | Apr 2012 | - | Director |
| Ms Karen Lounds | United Kingdom | 55 years | Nov 2016 | - | Director |
| Mr Angus Vause | United Kingdom | 58 years | Mar 2020 | - | Director |
| Nandakumar Tirumalai | India | 53 years | Oct 2024 | - | Director |
P&L
March 2024turnover
74m
+12%
operating profit
23.7m
+11%
gross margin
48.5%
-1.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
60.2m
+0.61%
total assets
114.9m
+0.07%
cash
300k
-0.8%
net assets
Total assets minus all liabilities
british salt limited company details
company number
06398227
Type
Private limited with Share Capital
industry
08930 - Extraction of salt
incorporation date
October 2007
age
18
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
broomco (4111) limited (January 2008)
accountant
-
auditor
KPMG LLP
address
natrium house winnington lane, northwich, cheshire, CW8 4GW
Bank
-
Legal Advisor
-
british salt limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 17 charges/mortgages relating to british salt limited. Currently there are 2 open charges and 15 have been satisfied in the past.
british salt limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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british salt limited Companies House Filings - See Documents
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