BRITISH SALT LIMITED

• ⚠

  Material uncertainty over going concern

  We draw attention to Note 3.2 to the financial statements which indicates that the company's ability to continue as a going concern is dependent on its ability to refinance its loan facilities by March 2026. These events and conditions, along with other matters explained in Note 3.2 constitute a material uncertainty that may cast significant doubt about the company's ability to continue as a going concern.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

• Turnover

  -11.7%

  £73,957,000 → £65,280,000

• Cash

  +1,035.3%

  £300,000 → £3,406,000

• Net assets

  +15.4%

  £60,238,000 → £69,522,000

• Employees

  +1.9%

  104 → 106

• Operating profit

  -21.8%

  £23,711,000 → £18,552,000

• Profit before tax

  -25.8%

  £20,389,000 → £15,121,000

• Wages

  +7.4%

  £5,147,000 → £5,530,000

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

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.

1. BRITISH SALT LIMITED 2008-01-08 → present
2. BROOMCO (4111) LIMITED 2007-10-15 → 2008-01-08

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to Note 3.2 to the financial statements which indicates that the company's ability to continue as a going concern is dependent on its ability to refinance its loan facilities by March 2026. These events and conditions, along with other matters explained in Note 3.2 constitute a material uncertainty that may cast significant doubt about the company's ability to continue as a going concern.”

Group structure

1. BRITISH SALT LIMITED · parent
   1. The Block Salt Company Limited 50% · England · manufacture and sale of salt products

Significant events

• “On 27 March 2025 the company structure of the group headed by TCE Group Limited ("TCEGL") was simplified, with the Company being affected as follows:”
• “On 19 September 2004 the trustees of the British Salt Retirement Income and Life Assurance Plan liquidated the pension scheme's assets and used the proceeds to purchase an annuity, thereby significantly de-risking the scheme.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.