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SEASALT LIMITED

Active Falmouth

Wholesale of clothing and footwear

1,287 employees Website
Supply chain, manufacturing and commerce models E-commerce & direct-to-consumer Wholesale of clothing and footwearOther retail sale in non-specialised stores +2
S

SEASALT LIMITED

Wholesale of clothing and footwear

Founded 18 May 1988 Active Falmouth, United Kingdom 1,287 employees seasaltcornwall.com
Supply chain, manufacturing and commerce models E-commerce & direct-to-consumer Wholesale of clothing and footwearOther retail sale in non-specialised storesRetail sale of clothing in specialised storesRetail sale of footwear in specialised stores
Accounts Submitted 19 Aug 2025
Confirmation Statement Submitted 9 Dec 2025
Net assets £24.61M £1.85M 2023 year on year
Total assets £59.16M £3.32M 2023 year on year
Total Liabilities £34.56M £1.47M 2023 year on year
Charges 19
3 outstanding 16 satisfied

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Contact & Details

Contact

Update Details

Registered Address

Unit 8 Falmouth Business Park Bickland Water Road Falmouth Cornwall TR11 4SZ

Office (Swansea)

512 Mumbles Rd, Mumbles, Swansea SA3 4BU

Telephone

0114 354 0115

Credit Report

Discover SEASALT LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

See All Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2023
Type Total Exemption Full
Next accounts 31 December 2024
Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2014–2023)

Cash in Bank

£13.70M

Increased by £1.51M (+12%)

Net Assets

£24.61M

Increased by £1.85M (+8%)

Total Liabilities

£34.56M

Increased by £1.47M (+4%)

Turnover

£132.58M

Increased by £13.65M (+11%)

Employees

1287

Increased by 96 (+8%)

Debt Ratio

58%

Decreased by 1 (-2%)
See 10 Year Full Financials

Financial History

Revenue, profit, EBITDA and key financial figures

2023
Dec Year End
2022
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

£16.2m raised
Show:

Investors (2)

Investor NameInvestor SinceParticipating Rounds
BGFSept 2018Series B
Santander BankSept 2018Series B

Share Capital

Share Capital

Share allotments and capital structure

2 Allotments 222,380 Shares £14803.50m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
1 Nov 2010167,968£168k£168k
1 Nov 201054,412£14803.33m£272k

Officers

Officers

6 active 5 resigned
Status
David Alfred ChadwickDirectorBritishUnited Kingdom6731 Jul 2001Active
Leigh George ChadwickDirectorBritishEngland6831 Jul 2001Active
Leigh George ChadwickSecretaryBritishUnknown—30 Nov 1991Active
Michelmores Secretaries LimitedCorporate-secretaryUnited KingdomUnknown—12 Sept 2018Active
Neil Michael ChadwickDirectorBritishUnited Kingdom5931 Jul 2001Active
Paul Leslie HayesDirectorBritishEngland5416 Jan 2018Active

Shareholders

Shareholders (1)

Seasalt Holdings Limited
100.0%
929,7007 Dec 2018

Persons with Significant Control

Persons with Significant Control (1)

1 Active 3 Ceased

Seasalt Holdings Limited

Unknown

Active
Notified 6 Apr 2016
Nature of Control
  • Ownership Of Shares 75 To 100 Percent
  • Voting Rights 75 To 100 Percent
  • Right To Appoint And Remove Directors

Leigh George Chadwick

Ceased 6 Apr 2016

Ceased

Neil Michael Chadwick

Ceased 6 Apr 2016

Ceased

David Alfred Chadwick

Ceased 6 Apr 2016

Ceased
See All Controllers

Group Structure

Group Structure

SEASALT HOLDINGS LIMITED united kingdom significant influence or control
BGF GP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
BGF GROUP PLC united kingdom significant influence or control
UBERIOR INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
RBS SME INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent
HSBC (BGF) INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
BARCLAYS FUNDS INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
BARCLAYS EQUITY HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
HSBC BANK PLC united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent
RBS AA HOLDINGS (UK) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent
LBG EQUITY INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
BARCLAYS PRINCIPAL INVESTMENTS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
HSBC HOLDINGS PLC united kingdom
LLOYDS BANKING GROUP PLC united kingdom
NATWEST GROUP PLC united kingdom
BARCLAYS PLC united kingdom
SEASALT LIMITED Current Company
GENERAL CLOTHING STORES LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

Charges

Charges

3 outstanding 16 satisfied

Documents

Company Filings

DateCategoryDescriptionDocument
9 Dec 2025Confirmation StatementConfirmation statement made on 2025-12-05 with no updatesView(3 pages)
19 Aug 2025AccountsAnnual accounts made up to 2025-02-01View(44 pages)
19 Aug 2025MortgageMortgage Create With Deed With Charge Number Charge Creation DateView(16 pages)
5 Dec 2024Confirmation StatementConfirmation statement made on 2024-12-05 with no updatesView(3 pages)
5 Aug 2024AccountsAnnual accounts made up to 2024-01-27View(48 pages)
9 Dec 2025 Confirmation Statement

Confirmation statement made on 2025-12-05 with no updates

View Document(3 pages)
19 Aug 2025 Accounts

Annual accounts made up to 2025-02-01

View Document(44 pages)
19 Aug 2025 Mortgage

Mortgage Create With Deed With Charge Number Charge Creation Date

View Document(16 pages)
5 Dec 2024 Confirmation Statement

Confirmation statement made on 2024-12-05 with no updates

View Document(3 pages)
5 Aug 2024 Accounts

Annual accounts made up to 2024-01-27

View Document(48 pages)

Recent Activity

Latest Activity

Confirmation statement made on 2025-12-05 with no updates

2 months ago on 9 Dec 2025

Annual accounts made up to 2025-02-01

6 months ago on 19 Aug 2025

Mortgage Create With Deed With Charge Number Charge Creation Date

6 months ago on 19 Aug 2025

Confirmation statement made on 2024-12-05 with no updates

1 years ago on 5 Dec 2024

Annual accounts made up to 2024-01-27

1 years ago on 5 Aug 2024