SALVO 1968 LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-11 (in 10mo)
Last made up 2026-02-25
Watchouts
None on the register
Cash
£739K
-5.7% vs 2023
Net assets
-£1M
-5.9% vs 2023
Employees
66
+4.8% vs 2023
Profit before tax
-£111K
+88.1% vs 2023
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £16,840,930 | £18,486,663 | |
| Operating profit | -£893,804 | -£16,442 | |
| Profit before tax | -£939,023 | -£111,286 | |
| Net profit | -£769,570 | -£74,566 | |
| Cash | £783,782 | £738,932 | |
| Total assets less current liabilities | £730,856 | £1,666,978 | |
| Net assets | -£1,253,928 | -£1,328,494 | |
| Equity | -£1,253,928 | -£1,328,494 | |
| Average employees | 63 | 66 | |
| Wages | £2,324,944 | £2,410,127 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -5.3% | -0.1% | |
| Net margin | -4.6% | -0.4% | |
| Return on capital employed | -122.3% | -1.0% | |
| Current ratio | 0.97x | 1.02x | |
| Interest cover | -19.77x | -0.17x |
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
- UHY Hacker Young (S.E.) Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors' have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, and thus they continue to draw up the financial statements on a going concern basis.”
Significant events
- “The company has achieved the prestigious AA accreditation for meeting the requirements set out in the BRCGS Standard for Storage and Distribution...”
- “The company has continued to invest in physical infrastructure in the year, the investment in leasehold properties, plant, machinery and equipment and motor vehicles amounting to £1,151,019...”
- “The company has absorbed the additional costs of this scheme [veterinary products certification] within cost of goods in 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CORSINI, Lisa | Director | 2023-07-07 | Sep 1974 | British |
| DE VITO, Jason | Director | 2020-12-22 | Dec 1973 | British |
| GIBSON, Rosa | Director | 2011-03-31 | Mar 1981 | British |
| MOTISI, Giuseppe | Director | 2011-03-31 | Feb 1969 | British |
| PROTO, Peter Richard | Director | 2011-03-31 | Dec 1956 | British |
| SALVAGNI, Andrea | Director | 2020-12-22 | Feb 1982 | Italian |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CITRO, Domenico | Director | 2011-03-31 | 2020-12-22 |
| DE VITO, Adrian | Director | 2011-02-25 | 2020-12-22 |
| DE VITO, Jason | Director | 2011-03-31 | 2015-02-05 |
| GLERIA, Roberto | Director | 2011-03-31 | 2015-02-05 |
| LOFTHOUSE, Gemma Giuseppina | Director | 2011-03-31 | 2020-12-22 |
| PETTI, Anna | Director | 2011-03-31 | 2015-02-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Rondanini Uk Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 60 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-28 | CH01 | officers | Change person director company with change date | |
| 2025-10-03 | AA | accounts | Accounts with accounts type full | |
| 2025-03-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-26 | AA | accounts | Accounts with accounts type full | |
| 2024-04-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-13 | AA | accounts | Accounts with accounts type full | |
| 2023-07-19 | CH01 | officers | Change person director company with change date | |
| 2023-07-19 | AP01 | officers | Appoint person director company with name date | |
| 2023-03-31 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-12 | AA | accounts | Accounts with accounts type full | |
| 2022-03-31 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-10-03 | AA | accounts | Accounts with accounts type full | |
| 2021-03-26 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-01-06 | AA | accounts | Accounts with accounts type full | |
| 2020-12-22 | TM01 | officers | Termination director company with name termination date | |
| 2020-12-22 | TM01 | officers | Termination director company with name termination date | |
| 2020-12-22 | TM01 | officers | Termination director company with name termination date | |
| 2020-12-22 | AP01 | officers | Appoint person director company with name date | |
| 2020-12-22 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+9.8%
£16,840,930 £18,486,663
-
Cash
-5.7%
£783,782 £738,932
-
Net assets
-5.9%
-£1,253,928 -£1,328,494
-
Employees
+4.8%
63 66
-
Operating profit
+98.2%
-£893,804 -£16,442
-
Profit before tax
+88.1%
-£939,023 -£111,286
-
Wages
+3.7%
£2,324,944 £2,410,127
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers