SALBOY LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-05-05 (in 1y)
Last made up 2026-04-21
Watchouts
Cash
£7M
+317.7% vs 2024
Net assets
£16M
+0.8% vs 2024
Employees
85
+34.9% vs 2024
Profit before tax
£1M
-18.1% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · latest reflected 2025-03-31
| Metric | Trend | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|
| Turnover | — | £48,479,276 | £80,961,299 | |
| Operating profit | — | £6,031,565 | £6,636,504 | |
| Profit before tax | — | £1,731,823 | £1,418,776 | |
| Net profit | — | £1,405,452 | £643,438 | |
| Cash | — | £1,762,337 | £7,362,056 | |
| Total assets less current liabilities | — | £128,360,799 | £291,101,697 | |
| Net assets | — | £15,834,826 | £15,956,699 | |
| Equity | £13,033,998 | £15,834,826 | £15,956,699 | |
| Average employees | — | 63 | 85 | |
| Wages | — | £3,338,422 | £3,509,884 | |
| Directors' remuneration | — | £683,077 | £640,434 |
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
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+67%
£48,479,276 £80,961,299
-
Cash
+317.7%
£1,762,337 £7,362,056
-
Net assets
+0.8%
£15,834,826 £15,956,699
-
Employees
+34.9%
63 85
-
Operating profit
+10%
£6,031,565 £6,636,504
-
Profit before tax
-18.1%
£1,731,823 £1,418,776
-
Wages
+5.1%
£3,338,422 £3,509,884
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|
| Operating margin | — | 12.4% | 8.2% | |
| Net margin | — | 2.9% | 0.8% | |
| Return on capital employed | — | 4.7% | 2.3% | |
| Current ratio | — | 1.83x | 11.85x | |
| Interest cover | — | 1.30x | 1.10x |
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
- Consolidated group
- Auditor
- Alextra Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis, which assumes that the Group will be able to continue to trade for the foreseeable future.”
Group structure
- SALBOY LIMITED · parent
- Salboy International Limited 100%
- Ingersley Crescent Limited 100%
- Salboy Property Limited 100%
- Salboy BP SPV 2 Limited 100%
- Salboy BP SPV 3 Limited 100%
- Salboy BP SPV 4 Limited 100%
- Salboy BP SPV 5 Limited 100%
- Salboy BP SPV 6 Limited 100%
- Salboy BP SPV 7 Limited 100%
- Salboy BP SPV 8 Limited 100%
- Salboy BP SPV 9 Limited 100%
- Salboy BP SPV 10 Limited 100%
- Salboy BP SPV 11 Limited 100%
- Salboy BP SPV 12 Limited 100%
- Salboy BP SPV 13 Limited 100%
- Salboy BP SPV 14 Limited 100%
- Salboy BP SPV 15 Limited 100%
- Salboy BP SPV 16 Limited 100%
- Salboy BP SPV 17 Limited 100%
- Salboy BP SPV 18 Limited 100%
- Salboy BP SPV 19 Limited 100%
- Salboy BP SPV 20 Limited 100%
- Salboy BP SPV 21 Limited 100%
- Salboy BP SPV 22 Limited 100%
- Salboy BP SPV 23 Limited 100%
- Salboy BP SPV 24 Limited 100%
- Salboy BP SPV 25 Limited 100%
- Salboy BP SPV 26 Limited 100%
- Salboy BP SPV 27 Limited 100%
- Salboy BP SPV 28 Limited 100%
- Salboy BP SPV 29 Limited 100%
- Salboy BP SPV 30 Limited 100%
- Salboy BP SPV 31 Limited 100%
- Salboy BP SPV 32 Limited 100%
- Salboy BP SPV 33 Limited 100%
- Salboy BP SPV 34 Limited 100%
- Salboy BP SPV 35 Limited 100%
- Salboy BP SPV 36 Limited 100%
- Salboy BP SPV 37 Limited 100%
- Salboy BP SPV 38 Limited 100%
- Salboy BP SPV 39 Limited 100%
- Salboy BP SPV 40 Limited 100%
- Salboy BP SPV 41 Limited 100%
- Salboy BP SPV 42 Limited 100%
- Salboy BP SPV 43 Limited 100%
- Salboy BP SPV 44 Limited 100%
- Salboy BP SPV 45 Limited 100%
- Salboy BP SPV 46 Limited 100%
- Salboy BP SPV 47 Limited 100%
- Salboy BP SPV 48 Limited 100%
- Salboy BP SPV 49 Limited 100%
- Salboy BP SPV 50 Limited 100%
- Salboy BP SPV 51 Limited 100%
- Salboy BP SPV 52 Limited 100%
- Salboy BP SPV 53 Limited 100%
- Salboy BP SPV 54 Limited 100%
- Salboy BP SPV 55 Limited 100%
- Salboy BP SPV 56 Limited 100%
- Salboy BP SPV 57 Limited 100%
- Salboy BP SPV 58 Limited 100%
- Salboy BP SPV 59 Limited 100%
- Salboy BP SPV 60 Limited 100%
- James Nicholas Homes SPV 1 Limited 100%
- Salboy Real Estate Limited 100%
- Convenient Developments Limited
- Transmission NQ Limited 100%
- Salboy St Ives Limited 100%
- Salboy (SPV Co 3) Limited 100%
- Salboy Midco Limited 100%
- Salboy Partnerships Limited 100%
- Salboy BP Limited 100%
- Naples Street Properties Limited 50%
- Naples Street Properties 1 Limited 50%
- Naples Street Properties 2 Limited 50%
- Salboy East Anglia BTL SPV Limited 100%
- Salboy London BTL SPV Limited 100%
- Salboy North East BTL SPV Limited 100%
- Salboy North West BTL SPV Limited 100%
- Salboy South East BTL SPV Limited 100%
- Salboy South West BTL SPV Limited 100%
- Salboy West Midlands BTL SPV Limited 100%
- Salboy East Midlands BTL SPV Limited 100%
- Salboy Yorkshire BTL SPV Limited 100%
- Stinders Homes Limited 100%
- Stinders Homes Construction Limited 100%
- Stinders Homes SPV 2 Limited 100%
- Stinders Homes SPV 3 Limited 100%
- Stinders Homes SPV 4 Limited 100%
- Salboy Construction Management Limited 100%
- Salboy Property Management Limited 100%
- Salboy International Hong Kong Limited 100%
- Salboyi (Shanghai) Real Estate Consulting Co Limited 100%
- Homezzz Limited 50%
- F.R.E.D.S. Timberframe Limited 74%
- Salboy Central Limited 50%
- Salboy Central Commercial Limited 50%
- FG Victoria House Limited 25%
- FG Victoria House Commercial Limited 25%
- St Michaels UK Propco 2 Limited 50%
- Forge UK Homes Limited 50%
- Forge UK Homes SPV 1 Limited 50%
- Forge UK Homes SPV 2 Limited 50%
- Forge UK Homes SPV 3 Limited 50%
- Forge UK Homes Construction Limited 50%
- Forge UK Homes SPV 4 Limited 50%
- Forge UK Homes SPV 5 Limited 50%
- Thomas Alexander Homes (Yorkshire) Limited 50%
- Thomas Alexander Homes Construction Limited 50%
- Thomas Alexander Homes SPV 1 Limited 50%
- Thomas Alexander Homes SPV 2 Limited 50%
- Thomas Alexander Homes SPV 3 Limited 50%
- Thomas Alexander Homes SPV 4 Limited 50%
- Thomas Alexander Homes SPV 5 Limited 50%
- Thomas Alexander Homes SPV 6 Limited 50%
- Thomas Alexander Homes SPV 7 Limited 50%
- Thomas Alexander Homes SPV 8 Limited 50%
- Yorkshire Choice Homes Limited 50%
- Yorkshire Choice Homes Construction Limited 50%
- Yorkshire Choice Homes SPV 1 Limited 50%
- Yorkshire Choice Homes SPV 2 Limited 50%
- Yorkshire Choice Homes SPV 3 Limited 50%
- Yorkshire Choice Homes SPV 4 Limited 50%
- Yorkshire Choice Homes SPV 5 Limited 50%
- Yorkshire Choice Homes SPV 6 Limited 50%
- Yorkshire Choice Homes SPV 7 Limited 50%
- Yorkshire Choice Homes SPV 8 Limited 50%
- North Essex Homes Limited 50%
- North Essex Homes Construction Limited 50%
- North Essex Homes SPV 3 Limited 50%
- North Essex Homes SPV 4 Limited 50%
- North Essex Homes SPV 5 Limited 50%
- North Essex Homes SPV 6 Limited 50%
- James Nicholas Homes Limited 50%
- James Nicholas Homes Construction Limited 50%
- James Nicholas Homes SPV 1 Limited 50%
- James Nicholas Homes SPV 2 Limited 50%
- James Nicholas Homes SPV 3 Limited 50%
- James Nicholas Homes SPV 4 Limited 50%
- James Nicholas Homes SPV 5 Limited 50%
- Markden Homes Limited 50%
- Markden Homes Construction Limited 50%
- Markden Homes SPV 1 Limited 50%
- Markden Homes SPV 2 Limited 50%
- Markden Homes SPV 3 Limited 50%
- Markden Homes SPV 4 Limited 50%
- Markden Homes SPV 5 Limited 50%
- Markden Homes SPV 6 Limited 50%
- Roddy New Homes Limited 50%
- Roddy New Homes Construction Limited 50%
- Roddy New Homes SPV 1 Limited 50%
- Roddy New Homes SPV 2 Limited 50%
- Roddy New Homes SPV 3 Limited 50%
- Roddy New Homes SPV 4 Limited 50%
- Roddy New Homes SPV 5 Limited 50%
- Roddy New Homes SPV 6 Limited 50%
- Roddy New Homes SPV 7 Limited 50%
- Salboy Central (SPV Co 1) Limited 50%
- Enzo's Homes (Abbey Woods) Limited 50%
- Enzo's Developments Limited 50%
- Enzo's Homes (Great Torrington) Limited 50%
- Enzo's Homes SPV 3 Limited 50%
- Enzo's Homes (Gyllene Grove) Limited 50%
- The Smiths Arms Llangyndeyrn Limited 50%
- Sand Mews Management Company Limited 50%
- Enzo's Homes Limited 50%
- Mansion Gardens Limited 50%
Significant events
- “There have been no significant events affecting the Group since the year end.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CAVANAGH, Andrew Paul | Director | 2023-03-23 | Oct 1988 | British |
| DONE, Fred | Director | 2014-07-09 | Mar 1943 | British |
| DONE, Peter Daniel | Director | 2014-07-09 | Aug 1974 | British |
| ISMAIL, Joanne Elizabeth | Director | 2021-01-04 | Jan 1972 | English |
| ISMAIL, Simon Anthony | Director | 2014-07-11 | Mar 1976 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DONE-JACKSON, Lea Anne | Director | 2014-07-09 | 2025-12-30 |
| DONE-ORRELL, Nicola Anne | Director | 2014-07-09 | 2025-12-30 |
| HALL, Jacqueline Anne | Director | 2014-07-09 | 2025-12-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mrs Joanne Louise Whittaker | Individual | Voting 75–100%, Appoints directors | 2026-03-24 | Active |
| Mrs Nicola Anne Done Orrell | Individual | Voting 75–100%, Appoints directors | 2026-03-24 | Active |
| Fred Done Property Trading Group Limited | Corporate entity | Shares 75–100% | 2026-03-24 | Active |
| Mr Fred Done | Individual | Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 91 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-05-02 MA Memorandum articles
- 2026-05-02 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-02 | MA | incorporation | Memorandum articles | |
| 2026-05-02 | RESOLUTIONS | resolution | Resolution | |
| 2026-04-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-04-19 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-04-17 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-04-17 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-04-17 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-04-15 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-04-15 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-04-15 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-04-01 | CH01 | officers | Change person director company with change date | |
| 2026-03-31 | SH02 | capital | Capital alter shares redemption statement of capital | |
| 2026-01-05 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-05 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-12-16 | AA | accounts | Accounts with accounts type group | |
| 2025-12-01 | CH01 | officers | Change person director company with change date | |
| 2025-06-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-02-26 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 19
- Capital events
- 1
- Officers appointed
- 0
- Officers resigned
- 3
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.