salt global tech ltd
salt global tech ltd Company Information
Company Number
13944072
Next Accounts
Nov 2025
Shareholders
neela capital ug
atomico venture vi scsp
View AllGroup Structure
View All
Industry
Other information technology and computer service activities
Registered Address
71-75 shelton street, covent garden, london, WC2H 9JQ
Website
-salt global tech ltd Estimated Valuation
Pomanda estimates the enterprise value of SALT GLOBAL TECH LTD at £28.3k based on a Turnover of £40.1k and 0.71x industry multiple (adjusted for size and gross margin).
salt global tech ltd Estimated Valuation
Pomanda estimates the enterprise value of SALT GLOBAL TECH LTD at £0 based on an EBITDA of £-817.3k and a 4.8x industry multiple (adjusted for size and gross margin).
salt global tech ltd Estimated Valuation
Pomanda estimates the enterprise value of SALT GLOBAL TECH LTD at £12.1m based on Net Assets of £5.4m and 2.25x industry multiple (adjusted for liquidity).
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Salt Global Tech Ltd Overview
Salt Global Tech Ltd is a live company located in london, WC2H 9JQ with a Companies House number of 13944072. It operates in the other information technology service activities sector, SIC Code 62090. Founded in February 2022, it's largest shareholder is neela capital ug with a 40.5% stake. Salt Global Tech Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £40.1k with unknown growth in recent years.
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Salt Global Tech Ltd Health Check
Pomanda's financial health check has awarded Salt Global Tech Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
4 Weak
Size
annual sales of £40.1k, make it smaller than the average company (£7.3m)
- Salt Global Tech Ltd
£7.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Salt Global Tech Ltd
- - Industry AVG
Production
with a gross margin of 49.8%, this company has a comparable cost of product (49.8%)
- Salt Global Tech Ltd
49.8% - Industry AVG
Profitability
an operating margin of -2037.9% make it less profitable than the average company (3.9%)
- Salt Global Tech Ltd
3.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (42)
- Salt Global Tech Ltd
42 - Industry AVG
Pay Structure
on an average salary of £73.6k, the company has an equivalent pay structure (£73.6k)
- Salt Global Tech Ltd
£73.6k - Industry AVG
Efficiency
resulting in sales per employee of £40.1k, this is less efficient (£177.1k)
- Salt Global Tech Ltd
£177.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Salt Global Tech Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 135 days, this is slower than average (34 days)
- Salt Global Tech Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Salt Global Tech Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 16638 weeks, this is more cash available to meet short term requirements (14 weeks)
16638 weeks - Salt Global Tech Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.3%, this is a lower level of debt than the average (64.7%)
0.3% - Salt Global Tech Ltd
64.7% - Industry AVG
SALT GLOBAL TECH LTD financials
Salt Global Tech Ltd's latest turnover from February 2024 is estimated at £40.1 thousand and the company has net assets of £5.4 million. According to their latest financial statements, we estimate that Salt Global Tech Ltd has 1 employee and maintains cash reserves of £5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | |
|---|---|---|
| Turnover | ||
| Other Income Or Grants | ||
| Cost Of Sales | ||
| Gross Profit | ||
| Admin Expenses | ||
| Operating Profit | ||
| Interest Payable | ||
| Interest Receivable | ||
| Pre-Tax Profit | ||
| Tax | ||
| Profit After Tax | ||
| Dividends Paid | ||
| Retained Profit | ||
| Employee Costs | ||
| Number Of Employees | 3 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | |
|---|---|---|
| Tangible Assets | 1,502 | |
| Intangible Assets | ||
| Investments & Other | 48,041 | |
| Debtors (Due After 1 year) | ||
| Total Fixed Assets | 49,543 | |
| Stock & work in progress | ||
| Trade Debtors | ||
| Group Debtors | 269,027 | |
| Misc Debtors | 85,254 | 1,784 |
| Cash | 4,985,552 | 959,272 |
| misc current assets | ||
| total current assets | 5,339,833 | 961,056 |
| total assets | 5,389,376 | 961,056 |
| Bank overdraft | ||
| Bank loan | ||
| Trade Creditors | 7,469 | 1 |
| Group/Directors Accounts | 28 | 31 |
| other short term finances | ||
| hp & lease commitments | ||
| other current liabilities | 8,084 | 5,808 |
| total current liabilities | 15,581 | 5,840 |
| loans | ||
| hp & lease commitments | ||
| Accruals and Deferred Income | ||
| other liabilities | ||
| provisions | ||
| total long term liabilities | ||
| total liabilities | 15,581 | 5,840 |
| net assets | 5,373,795 | 955,216 |
| total shareholders funds | 5,373,795 | 955,216 |
| Feb 2024 | Feb 2023 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 334 | |
| Amortisation | ||
| Tax | ||
| Stock | ||
| Debtors | 352,497 | 1,784 |
| Creditors | 7,468 | 1 |
| Accruals and Deferred Income | 2,276 | 5,808 |
| Deferred Taxes & Provisions | ||
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 48,041 | |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | ||
| Group/Directors Accounts | -3 | 31 |
| Other Short Term Loans | ||
| Long term loans | ||
| Hire Purchase and Lease Commitments | ||
| other long term liabilities | ||
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 4,026,280 | 959,272 |
| overdraft | ||
| change in cash | 4,026,280 | 959,272 |
salt global tech ltd Credit Report and Business Information
Salt Global Tech Ltd Competitor Analysis
Perform a competitor analysis for salt global tech ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in WC2H area or any other competitors across 12 key performance metrics.
salt global tech ltd Ownership
SALT GLOBAL TECH LTD group structure
Salt Global Tech Ltd has no subsidiary companies.
Ultimate parent company
SALT GLOBAL TECH LTD
13944072
salt global tech ltd directors
Salt Global Tech Ltd currently has 2 directors. The longest serving directors include Ms Shilpika Gautam (Feb 2022) and Ms Terese Hougaard (Aug 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Shilpika Gautam | United Kingdom | 41 years | Feb 2022 | - | Director |
| Ms Terese Hougaard | England | 39 years | Aug 2023 | - | Director |
P&L
February 2024turnover
40.1k
-88%
operating profit
-817.6k
0%
gross margin
49.8%
-3.75%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
5.4m
+4.63%
total assets
5.4m
+4.61%
cash
5m
+4.2%
net assets
Total assets minus all liabilities
Similar Companies
salt global tech ltd company details
company number
13944072
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
February 2022
age
3
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
71-75 shelton street, covent garden, london, WC2H 9JQ
Bank
-
Legal Advisor
-
salt global tech ltd 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 did not find charges/mortgages relating to salt global tech ltd.
salt global tech ltd 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.
Click to start generating capital raising & share issue transactions for SALT GLOBAL TECH LTD. This can take several minutes, an email will notify you when this has completed.
salt global tech ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
