salt bidco limited
salt bidco limited Company Information
Company Number
12957284
Next Accounts
Sep 2025
Shareholders
salt midco limited
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
5 blueberry business park, wallhead road, rochdale, OL16 5DB
Website
-salt bidco limited Estimated Valuation
Pomanda estimates the enterprise value of SALT BIDCO LIMITED at £0 based on a Turnover of £0 and 1.05x industry multiple (adjusted for size and gross margin).
salt bidco limited Estimated Valuation
Pomanda estimates the enterprise value of SALT BIDCO LIMITED at £0 based on an EBITDA of £0 and a 4.38x industry multiple (adjusted for size and gross margin).
salt bidco limited Estimated Valuation
Pomanda estimates the enterprise value of SALT BIDCO LIMITED at £80.9m based on Net Assets of £62m and 1.31x industry multiple (adjusted for liquidity).
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Salt Bidco Limited Overview
Salt Bidco Limited is a live company located in rochdale, OL16 5DB with a Companies House number of 12957284. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in October 2020, it's largest shareholder is salt midco limited with a 100% stake. Salt Bidco Limited is a young, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Salt Bidco Limited Health Check
Pomanda's financial health check has awarded Salt Bidco Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 1 areas for improvement. Company Health Check FAQs
1 Strong
0 Regular
1 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Salt Bidco Limited
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Salt Bidco Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Salt Bidco Limited
- - Industry AVG
Employees
with 3 employees, this is below the industry average (105)
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- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Salt Bidco Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 57.1%, this is a lower level of debt than the average (69.7%)
- - Salt Bidco Limited
- - Industry AVG
SALT BIDCO LIMITED financials
Salt Bidco Limited's latest turnover from December 2023 is 0 and the company has net assets of £62 million. According to their latest financial statements, Salt Bidco Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Turnover | ||||
| Other Income Or Grants | ||||
| Cost Of Sales | ||||
| Gross Profit | ||||
| Admin Expenses | ||||
| Operating Profit | -65,421 | |||
| Interest Payable | 5,114,814 | 5,208,637 | 3,943,793 | 591,365 |
| Interest Receivable | ||||
| Pre-Tax Profit | -4,924,572 | -5,013,699 | -3,846,589 | 70,116 |
| Tax | ||||
| Profit After Tax | -4,924,572 | -5,013,699 | -3,846,589 | 70,116 |
| Dividends Paid | ||||
| Retained Profit | -4,924,572 | -5,013,699 | -3,846,589 | 70,116 |
| Employee Costs | ||||
| Number Of Employees | 3 | 3 | 3 | |
| EBITDA* | -65,421 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Tangible Assets | ||||
| Intangible Assets | ||||
| Investments & Other | 134,045,756 | 134,045,756 | 102,952,412 | 124,058,339 |
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 134,045,756 | 134,045,756 | 102,952,412 | 124,058,339 |
| Stock & work in progress | ||||
| Trade Debtors | ||||
| Group Debtors | 10,247,141 | 10,056,899 | 8,030,770 | 9,862,125 |
| Misc Debtors | ||||
| Cash | ||||
| misc current assets | ||||
| total current assets | 10,247,141 | 10,056,899 | 8,030,770 | 9,862,125 |
| total assets | 144,292,897 | 144,102,656 | 110,983,183 | 133,920,464 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | ||||
| Group/Directors Accounts | 82,312,142 | 77,197,328 | 57,029,565 | 63,444,087 |
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | 656,786 | |||
| total current liabilities | 82,312,142 | 77,197,328 | 57,029,565 | 64,100,873 |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | ||||
| other liabilities | ||||
| provisions | ||||
| total long term liabilities | ||||
| total liabilities | 82,312,142 | 77,197,328 | 57,029,565 | 64,100,873 |
| net assets | 61,980,756 | 66,905,328 | 53,953,617 | 69,819,591 |
| total shareholders funds | 61,980,756 | 66,905,328 | 53,953,617 | 69,819,591 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | -65,421 | |||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | ||||
| Debtors | 190,242 | 2,026,129 | -1,831,355 | 9,862,125 |
| Creditors | ||||
| Accruals and Deferred Income | -656,786 | 656,786 | ||
| Deferred Taxes & Provisions | ||||
| Cash flow from operations | -190,242 | -2,026,129 | 1,174,569 | -9,270,760 |
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 31,093,344 | -21,105,927 | 124,058,339 | |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | 5,114,814 | 20,167,763 | -6,414,521 | 63,444,087 |
| Other Short Term Loans | ||||
| Long term loans | ||||
| Hire Purchase and Lease Commitments | ||||
| other long term liabilities | ||||
| share issue | ||||
| interest | -5,114,814 | -5,208,637 | -3,943,793 | -591,365 |
| cash flow from financing | 32,924,535 | -22,377,699 | 132,602,197 | |
| cash and cash equivalents | ||||
| cash | ||||
| overdraft | ||||
| change in cash |
salt bidco limited Credit Report and Business Information
Salt Bidco Limited Competitor Analysis
Perform a competitor analysis for salt bidco limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other young companies, companies in OL16 area or any other competitors across 12 key performance metrics.
salt bidco limited Ownership
SALT BIDCO LIMITED group structure
Salt Bidco Limited has 1 subsidiary company.
Ultimate parent company
2 parents
SALT BIDCO LIMITED
12957284
1 subsidiary
salt bidco limited directors
Salt Bidco Limited currently has 3 directors. The longest serving directors include Mr Jason Palmatary (Oct 2020) and Mr Alexander Stacy (Oct 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jason Palmatary | United Kingdom | 34 years | Oct 2020 | - | Director |
| Mr Alexander Stacy | United Kingdom | 34 years | Oct 2020 | - | Director |
| Mr Eric Rosen | United Kingdom | 64 years | Oct 2020 | - | Director |
P&L
December 2023turnover
0
0%
operating profit
0
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
62m
-0.07%
total assets
144.3m
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
salt bidco limited company details
company number
12957284
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
October 2020
age
5
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
5 blueberry business park, wallhead road, rochdale, OL16 5DB
Bank
HSBC UK BANK PLC
Legal Advisor
WINSTON & STRAWN LLP
salt bidco 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 4 charges/mortgages relating to salt bidco limited. Currently there are 4 open charges and 0 have been satisfied in the past.
salt bidco 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 bidco limited Companies House Filings - See Documents
| date | description | view/download |
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