salt construction limited

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salt construction limited Company Information

Share SALT CONSTRUCTION LIMITED

Company Number

09063727

Shareholders

nigel patrick salt

Group Structure

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Industry

Construction of domestic buildings

 

Registered Address

304 leicester road, wigston, LE18 1JX

salt construction limited Estimated Valuation

£174.8k

Pomanda estimates the enterprise value of SALT CONSTRUCTION LIMITED at £174.8k based on a Turnover of £670.6k and 0.26x industry multiple (adjusted for size and gross margin).

salt construction limited Estimated Valuation

£314.1k

Pomanda estimates the enterprise value of SALT CONSTRUCTION LIMITED at £314.1k based on an EBITDA of £134k and a 2.34x industry multiple (adjusted for size and gross margin).

salt construction limited Estimated Valuation

£304.7k

Pomanda estimates the enterprise value of SALT CONSTRUCTION LIMITED at £304.7k based on Net Assets of £227.2k and 1.34x industry multiple (adjusted for liquidity).

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Salt Construction Limited Overview

Salt Construction Limited is a live company located in wigston, LE18 1JX with a Companies House number of 09063727. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in May 2014, it's largest shareholder is nigel patrick salt with a 100% stake. Salt Construction Limited is a established, small sized company, Pomanda has estimated its turnover at £670.6k with declining growth in recent years.

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Salt Construction Limited Health Check

Pomanda's financial health check has awarded Salt Construction Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

8 Strong

positive_score

2 Regular

positive_score

2 Weak

size

Size

annual sales of £670.6k, make it larger than the average company (£386.3k)

£670.6k - Salt Construction Limited

£386.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (5.5%)

-18% - Salt Construction Limited

5.5% - Industry AVG

production

Production

with a gross margin of 8.9%, this company has a higher cost of product (19.2%)

8.9% - Salt Construction Limited

19.2% - Industry AVG

profitability

Profitability

an operating margin of 18.9% make it more profitable than the average company (4.1%)

18.9% - Salt Construction Limited

4.1% - Industry AVG

employees

Employees

with 4 employees, this is above the industry average (3)

4 - Salt Construction Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.6k, the company has an equivalent pay structure (£44.6k)

£44.6k - Salt Construction Limited

£44.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £167.7k, this is equally as efficient (£175.5k)

£167.7k - Salt Construction Limited

£175.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 13 days, this is earlier than average (21 days)

13 days - Salt Construction Limited

21 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 156 days, this is slower than average (29 days)

156 days - Salt Construction Limited

29 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 101 days, this is less than average (279 days)

101 days - Salt Construction Limited

279 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 49 weeks, this is more cash available to meet short term requirements (12 weeks)

49 weeks - Salt Construction Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 53.6%, this is a lower level of debt than the average (69.8%)

53.6% - Salt Construction Limited

69.8% - Industry AVG

SALT CONSTRUCTION LIMITED financials

EXPORTms excel logo

Salt Construction Limited's latest turnover from November 2024 is estimated at £670.6 thousand and the company has net assets of £227.2 thousand. According to their latest financial statements, Salt Construction Limited has 4 employees and maintains cash reserves of £252.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2024Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014
Turnover670,643872,871669,5521,220,5403,236,2022,203,8412,579,4911,377,8298,673,4832,063,27911,339
Other Income Or Grants
Cost Of Sales611,270779,964597,0221,099,1312,913,7871,959,4562,269,0871,198,5117,478,8681,807,1299,925
Gross Profit59,37392,90772,530121,409322,415244,386310,404179,3181,194,616256,1501,413
Admin Expenses-67,098-8,234128,986427,780223,246214,251477,163-9,599903,181118,6873,805
Operating Profit126,471101,141-56,456-306,37199,16930,135-166,759188,917291,435137,463-2,392
Interest Payable20,30621,118
Interest Receivable10,8679,1292,90435419251,3513851132281
Pre-Tax Profit137,339110,269-53,552-306,33699,21031,060-165,408189,302271,243116,573-2,391
Tax-34,335-27,567-18,850-5,901-35,967-54,248-23,314
Profit After Tax103,00482,702-53,552-306,33680,36025,159-165,408153,335216,99493,258-2,391
Dividends Paid
Retained Profit103,00482,702-53,552-306,33680,36025,159-165,408153,335216,99493,258-2,391
Employee Costs178,259163,978164,699157,468111,951119,79584,57975,352543,747119,65738,071
Number Of Employees444433221431
EBITDA*134,045102,985-50,522-298,458118,09946,659-140,620204,198291,435149,396-2,392

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2024Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014
Tangible Assets42,30415,95817,80223,73656,79549,56766,09148,23040,39528,486
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets42,30415,95817,80223,73656,79549,56766,09148,23040,39528,486
Stock & work in progress169,668162,575117,033594,6921,306,8981,047,4671,191,953998,8611,273,670
Trade Debtors25,396104,49330,21229,670371,298136,76082,8376,2981,657,621137,801
Group Debtors
Misc Debtors
Cash252,458182,236165,52928,05341,94240,637206,100154,08490,711292
misc current assets
total current assets447,522449,304312,774652,4151,720,1381,224,8641,480,8901,159,2431,657,6211,502,182292
total assets489,826465,262330,576676,1511,776,9331,274,4311,546,9811,207,4731,698,0161,530,668292
Bank overdraft
Bank loan
Trade Creditors 262,591341,041289,057581,0801,375,526953,3841,240,817735,9181,383,185789,9232,583
Group/Directors Accounts
other short term finances649,778
hp & lease commitments
other current liabilities
total current liabilities262,591341,041289,057581,0801,375,526953,3841,240,817735,9181,383,1851,439,7012,583
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities10,27610,2596,970
provisions
total long term liabilities10,27610,2596,970
total liabilities262,591341,041289,057581,0801,375,526953,3841,251,093746,1771,390,1551,439,7012,583
net assets227,235124,22141,51995,071401,407321,047295,888461,296307,86190,967-2,291
total shareholders funds227,235124,22141,51995,071401,407321,047295,888461,296307,86190,967-2,291
Nov 2024Nov 2023Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014
Operating Activities
Operating Profit126,471101,141-56,456-306,37199,16930,135-166,759188,917291,435137,463-2,392
Depreciation7,5741,8445,9347,91318,93016,52426,13915,28111,933
Amortisation
Tax-34,335-27,567-18,850-5,901-35,967-54,248-23,314
Stock7,09345,542-477,659-712,206259,431-144,486193,092998,861-1,273,6701,273,670
Debtors-79,09774,281542-341,628234,53853,92376,539-1,651,3231,519,820137,801
Creditors-78,45051,984-292,023-794,446422,142-287,433504,899-647,267593,262787,3402,583
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations93,2647,579134,572-39,07027,422-156,11294,648173,426584,299-498,049191
Investing Activities
capital expenditure-33,92025,146-26,158-44,000-23,116-11,909-40,419
Change in Investments
cash flow from investments-33,92025,146-26,158-44,000-23,116-11,909-40,419
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans -649,778649,778
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-10,276173,2896,970
share issue10100-100100
interest10,8679,1292,90435419251,351385-20,193-20,8901
cash flow from financing10,8779,1292,9043541-9,3511,3683,774-663,101628,888101
cash and cash equivalents
cash70,22216,707137,476-13,8891,305-165,46352,016154,084-90,71190,419292
overdraft
change in cash70,22216,707137,476-13,8891,305-165,46352,016154,084-90,71190,419292

salt construction limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Salt Construction Limited Competitor Analysis

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Perform a competitor analysis for salt construction limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in LE18 area or any other competitors across 12 key performance metrics.

salt construction limited Ownership

SALT CONSTRUCTION LIMITED group structure

Salt Construction Limited has no subsidiary companies.

Ultimate parent company

SALT CONSTRUCTION LIMITED

09063727

SALT CONSTRUCTION LIMITED Shareholders

nigel patrick salt 100%

salt construction limited directors

Salt Construction Limited currently has 2 directors. The longest serving directors include Mr Nigel Salt (May 2014) and Mr Max Burnham (Aug 2024).

officercountryagestartendrole
Mr Nigel Salt68 years May 2014- Director
Mr Max Burnham38 years Aug 2024- Director

P&L

November 2024

turnover

670.6k

-23%

operating profit

126.5k

0%

gross margin

8.9%

-16.82%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

November 2024

net assets

227.2k

+0.83%

total assets

489.8k

+0.05%

cash

252.5k

+0.39%

net assets

Total assets minus all liabilities

salt construction limited company details

company number

09063727

Type

Private limited with Share Capital

industry

41202 - Construction of domestic buildings

incorporation date

May 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

November 2024

previous names

N/A

accountant

-

auditor

-

address

304 leicester road, wigston, LE18 1JX

Bank

-

Legal Advisor

-

salt construction 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 10 charges/mortgages relating to salt construction limited. Currently there are 9 open charges and 1 have been satisfied in the past.

salt construction 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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salt construction limited Companies House Filings - See Documents

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