SALINITY SOLUTIONS LTD Financials
- Company number
- 12559772CopyCopy
- Registered office
- Kings Norton Business Centre, 1 Melchett Road, Birmingham, West Midlands B30 3HG
- Incorporated
- 16/04/2020
Company snapshot
- Status
- Active
- Employees
- 9 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
617.21%vs 20232023: £-234.43K
Total Assets
272.79%vs 20232023: £443.72K
Cash in Bank
230.01%vs 20232023: £303.40K
Total Liabilities
-36.18%vs 20232023: £653.70K
Employees
+2vs 20232023: 7
In 2024, SALINITY SOLUTIONS LTD reported net assets of £1.21M. The same filing shows total assets of £1.65M, cash in bank of £1.00M and total liabilities of £417.16K. Reported headcount was 9 in 2024. Net Assets rose from £-234.43K in 2023 to £1.21M in 2024 (617.21%). Okredo holds filed figures for 2021–2024; 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
617.21%from £-234.43K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures SALINITY SOLUTIONS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+1261%vs 2022+269% a year compound (CAGR)
Cash in Bank
+774%vs 2022+196% a year compound (CAGR)
Total Assets
+1273%vs 2022+270% a year compound (CAGR)
Total Liabilities
+1228%vs 2022+264% a year compound (CAGR)
Employees
+50%vs 2022+3Biggest increase
Total Assets+1273%
£120.52K in 2022 to £1.65M in 2024
Every indicator Okredo holds for SALINITY SOLUTIONS LTD rose between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, with net assets, cash in bank, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SALINITY SOLUTIONS LTD'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
- 73.30%2024
- 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
- 25.22%2024
- 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
- 240.01%2024
- 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
- 60.53%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for SALINITY SOLUTIONS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 83.68K | 89.10K | -234.43K | 1.21M |
| Total Assets£ | 83.68K | 120.52K | 443.72K | 1.65M |
| Cash in Bank£ | 12.95K | 114.58K | 303.40K | 1.00M |
| Total Liabilities£ | 0.00 | 31.42K | 653.70K | 417.16K |
| Employees | 2 | 6 | 7 | 9 |
SALINITY SOLUTIONS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SALINITY SOLUTIONS LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
SALINITY SOLUTIONS LTD reported net assets of £1.21M for 2024. That compares with £-234.43K in 2023, a change of 617.21%.
SALINITY SOLUTIONS LTD reported total assets of £1.65M for 2024. That compares with £443.72K in 2023, a change of 272.79%.
SALINITY SOLUTIONS LTD reported cash in bank of £1.00M for 2024. That compares with £303.40K in 2023, a change of 230.01%.
SALINITY SOLUTIONS LTD reported 9 employees in 2024, compared with 7 in 2023.
Between 2022 and 2024, SALINITY SOLUTIONS LTD's net assets rose by 1261%, cash in bank rose by 774%, total assets rose by 1273% and total liabilities rose by 1228%. Net assets compounded at 269% a year across the two years to 2024, from £89.10K to £1.21M. Reported headcount went from 6 in 2022 to 9 in 2024 (+3).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.