SEASALT LIMITED Financials
- Company number
- 02259954CopyCopy
- Registered office
- Unit 8 Falmouth Business Park, Bickland Water Road, Falmouth, Cornwall TR11 4SZ
- Incorporated
- 18/05/1988
Company snapshot
- Status
- Active
- Employees
- 1,343 (2026)
- Latest financial data
- 2026
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2023–2026.
Net Assets
-2.67%vs 20252025: £27.67M
Total Assets
-4.12%vs 20252025: £74.15M
Cash in Bank
143.89%vs 20252025: £4.05M
Total Liabilities
-3.69%vs 20252025: £34.79M
Employees
-7vs 20252025: 1,350
In 2026, SEASALT LIMITED reported net assets of £26.93M. The same filing shows total assets of £71.09M, cash in bank of £9.87M and total liabilities of £33.51M. Reported headcount was 1,343 in 2026. Cash in Bank rose from £4.05M in 2025 to £9.87M in 2026 (143.89%). Okredo holds filed figures for 2023–2026; 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
-2.67%from £27.67M in 2025Year-on-year change
Net Assets as filed for 2023–2026. Every figure in this chart is also in the financial history table.
3-year financial trend (2024–2026)
How the figures SEASALT LIMITED filed moved across the three reported years 2024, 2025 and 2026 — measured end to end rather than year on year.
Net Assets
+9.5%vs 2024+4.6% a year compound (CAGR)
Cash in Bank
-27.9%vs 2024-15.1% a year compound (CAGR)
Total Assets
+0.6%vs 2024+0.3% a year compound (CAGR)
Total Liabilities
-3%vs 2024-1.5% a year compound (CAGR)
Employees
+4.4%vs 2024+56Biggest increase
Net Assets+9.5%
£24.61M in 2024 to £26.93M in 2026
Biggest decrease
Cash in Bank-27.9%
£13.70M in 2024 to £9.87M in 2026
SEASALT LIMITED's filings pull in both directions between 2024 and 2026. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SEASALT 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
- 37.89%2026
- 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
- 47.14%2026
- 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
- 29.47%2026
- 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
- 13.89%2026
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £110.42K2026
- 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 SEASALT LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Net Assets£ | 22.76M | 24.61M | 27.67M | 26.93M |
| Total Assets£ | 67.00M | 70.70M | 74.15M | 71.09M |
| Cash in Bank£ | 12.19M | 13.70M | 4.05M | 9.87M |
| Total Liabilities£ | 33.09M | 34.56M | 34.79M | 33.51M |
| Employees | 1,191 | 1,287 | 1,350 | 1,343 |
SEASALT LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SEASALT LIMITED covering 2023–2026, across 5 reported indicators. The most recent reported year is 2026.
SEASALT LIMITED reported net assets of £26.93M for 2026. That compares with £27.67M in 2025, a change of -2.67%.
SEASALT LIMITED reported total assets of £71.09M for 2026. That compares with £74.15M in 2025, a change of -4.12%.
SEASALT LIMITED reported cash in bank of £9.87M for 2026. That compares with £4.05M in 2025, a change of 143.89%.
SEASALT LIMITED reported 1,343 employees in 2026, compared with 1,350 in 2025.
Between 2024 and 2026, SEASALT LIMITED's net assets rose by 9.5%, cash in bank fell by 27.9%, total assets rose by 0.6% and total liabilities fell by 3%. Net assets compounded at 4.6% a year across the two years to 2026, from £24.61M to £26.93M. Reported headcount went from 1,287 in 2024 to 1,343 in 2026 (+56).
Okredo holds reported figures for the years 2023, 2024, 2025, 2026. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.