SALT SOLUTIONS GROUP LIMITED

• ⚠

  Annual accounts overdue

  Due 2026-03-23.

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

  -43%

  £96,607,239 → £55,113,489

• Cash

  -69.9%

  £2,060,085 → £619,476

• Net assets

  -40.5%

  £9,400,774 → £5,590,470

• Employees

  -32.9%

  328 → 220

• Operating profit

  -128.4%

  £3,576,196 → -£1,016,569

• Profit before tax

  -160.5%

  £3,187,362 → -£1,927,343

• Wages

  -35.7%

  £20,420,205 → £13,129,204

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. SALT SOLUTIONS GROUP LIMITED 2025-07-11 → present
2. SALT RECRUITMENT GROUP LIMITED 2011-03-21 → 2025-07-11
3. RAVELLO RECRUITMENT GROUP LIMITED 2010-02-05 → 2011-03-21
4. HAVISHAM GROUP LIMITED 2009-05-21 → 2010-02-05

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Beavis Morgan Audit Limited

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 group's and parent 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.”

Group structure

1. SALT SOLUTIONS GROUP LIMITED · parent
   1. Salt Contracts Limited 100% · Recruitment agency
   2. Salt Recruitment Limited 100% · Dormant
   3. Salt Search Limited 100% · Recruitment agency
   4. Salt Staffing Inc. 100% · USA · Recruitment agency
   5. Salt Europe B.V 100% · Belgium · Recruitment agency
   6. Recruit Digital Associates (Pty) Limited 50% · South Africa · Recruitment agency
   7. Salt Nederland B.V 100% · Amsterdam · Recruitment agency
   8. Salt Deutschland GmbH 100% · München · Recruitment agency
   9. Salt Staffing Canada Limited 100% · Canada · Recruitment agency
   10. R4S Recrutamento Especializado Ltda 50% · Rio de Janeiro · Holding Company
   11. R4S Recrutamento Sao Paulo Ltda 50% · Rio de Janeiro · Recruitment agency
   12. Salt Recruitment Holdings Limited 80% · UAE · Holding Company
   13. Salt HR Consultancy 80% · UAE · Recruitment agency
   14. Salt Information Technology Consultancy - Sole Proprietorship L.L.C. 80% · UAE · Recruitment agency

Significant events

• “At the reporting date, a loan made to a connected company was judged to be irrecoverable and has been written off in the profit and loss account. See note 4 for amounts written off during the year.”
• “The change of control over group undertakings amounting to £1,951,261 relates to the change of control over Salt APAC Pte Limited during the year.”

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

Filings

9

last 12 months

Capital events

3

last 24 months

Officers appointed

0

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.