# SALT & CHAR LTD (12241777)

> SALT & CHAR LTD is a liquidation private limited company (company number 12241777) incorporated on 3 October 2019, registered in Birmingham. Its registered activity is unlicenced restaurants and cafes (SIC 56102). Latest small accounts cover the period ending 31 October 2023, showing net assets of −£128k and cash of £40k, with 8 employees on average. Net assets fell 50% on the prior period (−£85k). Across the last 3 periods on record the net-asset trend is falling.

- Status: Liquidation
- Incorporated: 2019-10-03
- Registered office: Birmingham, B26 1AY
- SIC 56102: Unlicenced restaurants and cafes
- Next accounts due: 2025-07-31
- Confirmation statement due: 2027-10-17
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 1,031 comparable companies in Birmingham (median £100, upper quartile £9,152).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2023-10-31 | −£128k | £40k | — | £174k | — | — | 8 |
| 2022-10-31 | −£85k | £15k | — | £102k | — | — | 8 |
| 2021-10-31 | −£37k | £17k | — | £48k | — | — | 8 |
| 2020-10-31 | £1,116 | £52k | — | £22k | — | — | 5 |

current ratio 0.28; net assets trend falling; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-127,651 at 31 October 2023
- Net assets down 25% or more on the prior period: -50.2% vs prior period
- Current assets below creditors within one year: Current ratio 0.28
- Three or more accounting periods on record: 4 periods on record
- Incorporated five or more years ago: Incorporated 3 October 2019
- Register status is not Active: Liquidation

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Miss Faiza Yusuf — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2019-10-03

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/12241777
HTML: https://firmoscan.com/company/12241777-salt-char-ltd