{"name":"SALEM CONSTRUCTION LIMITED","company_number":"03550457","status":"Active","type":"Private Limited Company","incorporated":"1998-04-22","dissolved":null,"registered_office":"Globe House Market Street, Laugharne, Carmarthen, Wales, SA33 4SA","postcode":"SA33 4SA","sic_codes":[{"code":41100,"description":"Development of building projects"},{"code":41202,"description":"Construction of domestic buildings"}],"principal_activity":"The principal activity of the company is Construction of domestic buildings","previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 March","last_made_up_to":"2025-03-31","next_due":"2026-12-31"},"employees":{"count":17,"accounts_date":"2025-03-31"},"financials":[{"financial_date":"2025-03-31","net_assets":399352,"cash":14694,"average_employees":17},{"financial_date":"2024-03-31","net_assets":393990,"cash":18243,"average_employees":22},{"financial_date":"2023-03-31","net_assets":347379,"cash":11700},{"financial_date":"2022-03-31","net_assets":231871,"cash":23362},{"financial_date":"2021-03-31","net_assets":167856,"cash":42482}],"officers":{"current":2,"resigned":3,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_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.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/salem-construction","people":"https://www.companiesintheuk.co.uk/company/salem-construction/people","filing_history":"https://www.companiesintheuk.co.uk/company/salem-construction/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/03550457","financials":"https://www.companiesintheuk.co.uk/company/salem-construction/financial","control":"https://www.companiesintheuk.co.uk/company/salem-construction/control","ai_analysis":"https://www.companiesintheuk.co.uk/company/salem-construction/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/salem-construction"}