Hughes And Salvidge Limited
Recovery of sorted materials · Fareham
ActiveUnited KingdomIncorporated 2007Private Limited Company
Financial position
Accounts to 2026-03-31 · GBP · Company accounts
Net assets
£12,281,731
Cash
£5,573,693
Turnover
£51,017,029
Profit / loss
£1,068,068
Current assets
£15,679,668
Creditors < 1 year
£9,651,606
Equity
£12,281,731
Average employees
146
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2026-03-31Company · AI-read | 2025-03-31Company · AI-read | 2024-03-3112 months | 2023-03-3112 months | 2022-03-3112 months | 2021-03-3112 months | 2020-03-31 | 2019-03-31 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet | ||||||||
| Net assets | £12,281,731 | £10,924,164 | £9,648,896 | £13,643,442 | £9,300,003 | £7,340,661 | — | — |
| Equity | £12,281,731 | £10,924,164 | £9,648,896 | £13,643,442 | £9,300,003 | £7,340,661 | £6,255,978 | £6,462,627 |
| Share capital | £1 | £1 | — | — | — | — | — | — |
| Retained earnings | £12,281,730 | £10,924,163 | — | — | — | — | — | — |
| Assets | ||||||||
| Fixed assets | £9,609,391 | £9,543,525 | £7,172,049 | £6,711,875 | £7,182,303 | £5,205,487 | — | — |
| Intangible assets | — | — | £17,665 | £249,780 | £1,499,431 | £275,770 | — | — |
| Property, plant & equipment | £9,609,391 | £9,543,525 | £7,154,384 | £6,462,095 | £5,682,872 | £4,929,717 | — | — |
| Current assets | £15,679,668 | £16,014,524 | £12,831,981 | £19,202,315 | £12,032,719 | £11,221,265 | — | — |
| Cash at bank | £5,573,693 | £7,245,664 | £4,075,825 | £13,588,905 | £6,274,231 | £5,447,437 | — | — |
| Debtors | £9,994,264 | £8,357,377 | £8,756,156 | £5,613,410 | £5,532,312 | £5,701,663 | — | — |
| Stock | £111,711 | £411,483 | — | — | — | £72,165 | — | — |
| Liabilities | ||||||||
| Creditors within one year | £9,651,606 | £10,429,876 | £8,595,187 | £9,898,576 | £7,289,631 | £6,744,186 | — | — |
| Creditors after one year | £2,320,439 | £2,760,096 | £1,356,722 | £1,397,440 | £2,167,395 | £2,218,309 | — | — |
| Provisions | £2,236,283 | £2,216,913 | — | — | — | — | — | — |
| Pension scheme surplus / deficit | £1,201,000 | £773,000 | — | — | — | — | — | — |
| Capital commitments | — | £15,680 | — | — | — | — | — | — |
| Net current assets | £6,028,062 | £5,584,648 | £4,236,794 | £9,303,739 | £4,743,088 | £4,477,079 | — | — |
| Assets less current liabilities | £15,637,453 | £15,128,173 | £11,408,843 | £16,015,614 | £11,925,391 | £9,682,566 | — | — |
| Profit & loss | ||||||||
| Turnover | £51,017,029 | £54,467,577 | — | — | — | £20,303,149 | — | — |
| Cost of sales | £42,615,113 | £43,992,534 | — | — | — | — | — | — |
| Gross profit | £8,401,916 | £10,475,043 | — | — | — | £4,726,041 | — | — |
| Administrative expenses | £7,094,513 | £7,901,380 | — | — | — | — | — | — |
| Operating profit | £1,307,403 | £2,573,663 | — | — | — | £842,339 | — | — |
| Interest receivable | £133,424 | £69,250 | — | — | — | — | — | — |
| Interest payable | £189,189 | £522,140 | — | — | — | — | — | — |
| Profit before tax | £1,251,638 | £2,120,773 | −£1,565,060 | £7,362,574 | £2,655,212 | £735,758 | — | — |
| Tax | £183,570 | £906,255 | — | — | — | — | — | — |
| Profit / loss | £1,068,068 | £1,214,518 | −£1,124,007 | £6,349,189 | £1,833,342 | £873,683 | — | — |
| Operating costs | ||||||||
| Operating lease charges | £437,103 | £305,876 | — | — | — | — | — | — |
| Audit fees | £35,500 | £35,500 | — | — | — | — | — | — |
| People & pay | ||||||||
| Average employees | 146 | 145 | 138 | 129 | 120 | 101 | — | — |
| Staff costs | £10,423,624 | £9,956,201 | — | — | — | — | — | — |
| Wages & salaries | £8,997,312 | £8,962,627 | — | — | — | — | — | — |
| Social security costs | £1,248,931 | £966,181 | — | — | — | — | — | — |
| Pension costs | £177,381 | £27,393 | — | — | — | — | — | — |
| Directors' remuneration | £504,373 | £623,990 | — | — | — | — | — | — |
| Highest paid director | £156,381 | £206,140 | — | — | — | — | — | — |
| Source evidence | View filing | View filing | View filing | View filing | View filing | View filing | View filing | View filing |
From the accounts
What the accounts for 2026-03-31 say about themselves, read by AI from the scanned filing.
- Auditor
- Azets Audit Services
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Hughes and Salvidge Demolition Limited
- Ultimate parent
- Hughes and Salvidge Demolition Limited
- Ultimate controlling party
- the shareholders of Hughes and Salvidge Demolition Limited, and there is no single controlling party
- Accounts
- FRS 102
- Approved
- 2026-09-14, signed by J E Stevenson
Turnover by segment (7)
- Demolition contract services: 51,017,029 (2026-03-31)
- Demolition contract services: 54,467,577 (2025-03-31)
- UK: 36,132,141 (2026-03-31)
- Europe: 14,884,888 (2026-03-31)
- UK: 50,166,387 (2025-03-31)
- Europe: 3,048,531 (2025-03-31)
- Rest of World: 1,252,659 (2025-03-31)
Related parties (5)
- Key management personnel · All the directors of Hughes and Salvidge Limited · Total remuneration · £529,873 (2025: £725,490)
- Directors · Directors · Loans from directors, closing balance · -
- Directors · Directors · Loans to directors, closing balance · 750
- Michael and Jean Stevenson · Directors · Services acquired; amount owed to the company at year end · £35,956.21; £316.90
- Colin and Wendy Head · Directors · Services acquired; amount owed to the company at year end · £2,234.12; £nil
Borrowings (2)
- Loans from directors · (1,000,000) opening balance; 1,000,000 repaid; - closing balance · 10.0% · Repayable to the directors on demand
- Loans to directors · 750 closing balance · Repayable to the directors on demand
Share classes (1)
- 1 Ordinary shares of £1 each of £1
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
4 outstanding chargesFloating · created 2026-03-26
—
OutstandingFixed · created 2024-09-09
—
OutstandingFixed · created 2022-10-03
—
OutstandingAll Assets · created 2009-03-06
All monies
OutstandingShow 2 satisfied / released
Fixed · created 2015-04-21 · satisfied 2016-03-29
—
SatisfiedUnknown · created 2013-01-08 · satisfied 2018-10-04
All monies
Satisfied