SALEM CONSTRUCTION LIMITED
Company number 03550457 · Monitor this company
Executive summary
Salem Construction Limited has demonstrated remarkable value creation, transforming from a dormant entity to a £598,000-asset construction business within five years, funded entirely through retained profits—a testament to operational execution and market opportunity capture. However, the aggressive expansion has produced a dangerously thin liquidity position, with cash reserves at £14,694 against £287,353 in current liabilities, demanding immediate strategic focus on cash generation and working capital management before pursuing further growth. The company stands at an inflection point: its asset base and market position provide a credible platform for scaling, but only if leadership prioritises cash conversion and reduces balance sheet fragility.
Shareholders' funds
£399,352
Balance sheet as at 2025-03-31
What it does
The principal activity of the company is Construction of domestic buildings
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1998-04-22
- Employees
- 17 (2025 accounts · was 22 in 2024)
- Registered office
- Globe House Market Street, Laugharne, Carmarthen, Wales, SA33 4SA
- Postcode
- SA33 4SA
- Capital
- 2 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2025-03-31
- Next due by
- 2026-12-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2026-08-30
- Next due by
- 2027-09-13
Nature of business (SIC)
- 41100 Development of building projects
- 41202 Construction of domestic buildings
Officers 2 current · 3 resigned
Data protection registration
Registered with the ICO as a data protection fee payer — ZB487503 (Tier 2), registered since 2022.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Previous registered addresses 1
| Address | Changed on |
|---|---|
| C/O CHARLES & CO 14 BARN ROAD, CARMARTHEN, CARMARTHENSHIRE, SA31 1DD | 2020-03-25 |
Among its peers
Top 10%
by shareholders' funds, of 668 similar companies in SA
Among the biggest employers among its local peers (17 staff).
Among the oldest 25% of its local peers, trading since 1998.
Competitors Swansea
-
1. GCRE LIMITED
This company ranks 60 among development of building projects in Swansea.
The class of 1998
40%
of the 1,197 companies in this sector incorporated in 1998 are still active today; 57% have since been dissolved.
A fact about the year, not a forecast for this company.
Businesses that transport or deal in waste must register with the Environment Agency. You can check this company on the official register of waste carriers, brokers and dealers.