SALEM TUBE INTERNATIONAL LIMITED Financials
- Company number
- 02781763CopyCopy
- Registered office
- Regents Drive Low Prudhoe Industrial Estate, Prudhoe, Northumberland NE42 6PX
- Incorporated
- 20/01/1993
Company snapshot
- Status
- Active
- Employees
- 32 (2023)
- Latest financial data
- 2023
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
31.51%vs 20222022: £3.51M
Total Assets
19.51%vs 20222022: £16.58M
Cash in Bank
-15.77%vs 20222022: £1.89M
Total Liabilities
17.70%vs 20222022: £8.71M
Employees
+4vs 20222022: 28
In 2023, SALEM TUBE INTERNATIONAL LIMITED reported net assets of £4.62M. The same filing shows total assets of £19.81M, cash in bank of £1.59M and total liabilities of £10.25M. Reported headcount was 32 in 2023. Total Assets rose from £16.58M in 2022 to £19.81M in 2023 (19.51%). Okredo holds filed figures for 2021–2023; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
31.51%from £3.51M in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures SALEM TUBE INTERNATIONAL LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+40.8%vs 2021+18.6% a year compound (CAGR)
Cash in Bank
+44.7%vs 2021+20.3% a year compound (CAGR)
Total Assets
+32.2%vs 2021+15% a year compound (CAGR)
Total Liabilities
+38.9%vs 2021+17.9% a year compound (CAGR)
Employees
-11.1%vs 2021-4Biggest increase
Cash in Bank+44.7%
£1.10M in 2021 to £1.59M in 2023
Biggest decrease
Employees-11.1%
36 in 2021 to 32 in 2023
SALEM TUBE INTERNATIONAL LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SALEM TUBE INTERNATIONAL LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 23.33%2023
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 51.75%2023
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 15.53%2023
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 8.04%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £587.50K2023
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for SALEM TUBE INTERNATIONAL LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 3.28M | 3.51M | 4.62M |
| Total Assets£ | 14.98M | 16.58M | 19.81M |
| Cash in Bank£ | 1.10M | 1.89M | 1.59M |
| Total Liabilities£ | 7.38M | 8.71M | 10.25M |
| Employees | 36 | 28 | 32 |
SALEM TUBE INTERNATIONAL LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SALEM TUBE INTERNATIONAL LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
SALEM TUBE INTERNATIONAL LIMITED reported net assets of £4.62M for 2023. That compares with £3.51M in 2022, a change of 31.51%.
SALEM TUBE INTERNATIONAL LIMITED reported total assets of £19.81M for 2023. That compares with £16.58M in 2022, a change of 19.51%.
SALEM TUBE INTERNATIONAL LIMITED reported cash in bank of £1.59M for 2023. That compares with £1.89M in 2022, a change of -15.77%.
SALEM TUBE INTERNATIONAL LIMITED reported 32 employees in 2023, compared with 28 in 2022.
Between 2021 and 2023, SALEM TUBE INTERNATIONAL LIMITED's net assets rose by 40.8%, cash in bank rose by 44.7%, total assets rose by 32.2% and total liabilities rose by 38.9%. Net assets compounded at 18.6% a year across the two years to 2023, from £3.28M to £4.62M. Reported headcount went from 36 in 2021 to 32 in 2023 (-4).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.