MALDON SALT LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-07-07 (in 2mo)
Last made up 2025-06-23
Watchouts
None on the register
Cash
£9M
-23.4% vs 2024
Net assets
£29M
+1.8% highest in 6 filed years
Employees
103
+13.2% highest in 6 filed years
Profit before tax
£12M
+1.6% highest in 4 filed years
Net assets
9-year trend · vs Basic Materials median
Accounts
9-year trend · latest reflected 2025-03-31
| Metric | Trend | 2019-04-01 | 2020-03-31 | 2020-04-01 | 2021-03-31 | 2021-04-01 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | £21,904,000 | — | £22,826,000 | — | — | — | £33,671,000 | £39,210,000 | |
| Operating profit | — | £10,127,000 | — | £8,688,000 | — | — | — | £11,789,000 | £11,987,000 | |
| Profit before tax | — | £10,135,000 | — | £8,692,000 | — | — | — | £12,101,000 | £12,289,000 | |
| Net profit | — | £8,135,000 | — | £6,974,000 | — | £8,938,000 | £9,153,000 | £8,854,000 | £9,070,000 | |
| Cash | £2,315,000 | £5,786,000 | £5,786,000 | £4,609,000 | — | £3,723,000 | £7,006,000 | £11,492,000 | £8,802,000 | |
| Total assets less current liabilities | — | £15,479,000 | — | £15,102,000 | — | £18,405,000 | £27,797,000 | £30,633,000 | £31,646,000 | |
| Net assets | — | £15,029,000 | — | £14,652,000 | — | £17,325,000 | £25,953,000 | £28,807,000 | £29,327,000 | |
| Equity | £11,170,000 | £15,029,000 | £15,029,000 | £14,652,000 | £14,652,000 | £17,325,000 | £25,953,000 | £28,807,000 | £29,327,000 | |
| Average employees | — | 50 | — | 59 | — | 66 | 87 | 91 | 103 | |
| Wages | — | £4,902,000 | — | £5,895,000 | — | — | — | £7,527,000 | £10,166,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-04-01 | 2020-03-31 | 2020-04-01 | 2021-03-31 | 2021-04-01 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | 46.2% | — | 38.1% | — | — | — | 35.0% | 30.6% | |
| Net margin | — | 37.1% | — | 30.6% | — | — | — | 26.3% | 23.1% | |
| Return on capital employed | — | 65.4% | — | 57.5% | — | — | — | 38.5% | 37.9% | |
| Current ratio | — | — | — | — | — | — | — | 4.58x | 4.17x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Saffery LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 19 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BANKS, Michael Denis | Director | 2025-04-09 | Mar 1959 | British |
| JESSOP, David Charles | Director | 2025-04-09 | Feb 1971 | Australian |
| OSBORNE, Steven John | Director | 2004-01-02 | Jun 1974 | British |
| PICCONI, Mark | Director | 2025-04-09 | Jan 1974 | British |
Show 19 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COUBROUGH, Charles Ronald Lacy | Secretary | — | 2003-01-02 |
| COUBROUGH, David Charles | Secretary | 2003-01-02 | 2025-08-05 |
| COUBROUGH, Charles Ronald Lacy | Director | — | 2003-01-02 |
| COUBROUGH, David Charles | Director | 2003-01-02 | 2025-04-09 |
| COUBROUGH, Ian Frank Ellis | Director | — | 2002-09-02 |
| COUBROUGH, Louise Mary | Director | 2004-04-28 | 2024-04-05 |
| CUNNINGHAM, Rosanna Lucille Mary | Director | 2002-09-03 | 2004-07-21 |
| DE GALLEANI, Eleanor Alice | Director | 2024-04-05 | 2025-04-09 |
| LATHAM, Joan Doris | Director | — | 2006-12-31 |
| LATHAM, Philippa Anne Joan | Director | 2020-06-25 | 2025-04-09 |
| OSBORNE, Clare | Director | 2004-04-28 | 2004-07-21 |
| OSBORNE, Clive Christopher | Director | — | 2025-04-09 |
| OSBORNE, Susan Marjorie | Director | — | 2004-01-02 |
| OSBORNE, Sylvia Beryl | Director | — | 1998-07-22 |
| PHILLIPS, Sarah Catherine Alison | Director | 2006-12-31 | 2020-06-25 |
| PHILLIPS, Sarah Catherine Alison | Director | 2004-04-28 | 2004-07-21 |
| SOUDAH, Gillian | Director | — | 2014-03-26 |
| SOUDAH, Mark Nicholas | Director | 2014-03-26 | 2025-04-09 |
| SOUDAH, Mark Nicholas | Director | 2004-04-28 | 2004-07-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Maldon Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-05-01 | Active |
Filing timeline
Last 20 of 162 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-11-28 | AA | accounts | Accounts with accounts type full | |
| 2025-08-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-08-06 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-07-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-29 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-29 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-29 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-29 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-29 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-29 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-29 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-29 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-01 | AA | accounts | Accounts with accounts type group | |
| 2024-06-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-06-17 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-06-17 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2024-05-28 | RESOLUTIONS | resolution | Resolution | |
| 2024-05-18 | MA | incorporation | Memorandum articles | |
| 2024-05-18 | SH10 | capital | Capital variation of rights attached to shares | |
| 2024-05-18 | SH08 | capital | Capital name of class of shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+16.5%
£33,671,000 £39,210,000
highest in 4 filed years
-
Cash
-23.4%
£11,492,000 £8,802,000
-
Net assets
+1.8%
£28,807,000 £29,327,000
highest in 6 filed years
-
Employees
+13.2%
91 103
highest in 6 filed years
-
Operating profit
+1.7%
£11,789,000 £11,987,000
highest in 4 filed years
-
Profit before tax
+1.6%
£12,101,000 £12,289,000
highest in 4 filed years
-
Wages
+35.1%
£7,527,000 £10,166,000
highest in 4 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers