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Safechem Limited

02005633

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

DRUM HOUSE, CHESTER LE STREET, DH2 1SR
Incorporated 02/04/1986

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46750
Wholesale of chemical products

Officers

Mrs Christine Bruce

director · Since 03/05/1992

SECRETARY

BRITISH · ENGLAND · Age 68

Also on 1 other board

Mr Nigel Laurence Bruce

director · Since 03/05/1992

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 75

Also on 1 other board

Jonathon Bruce

director · Since 06/04/2009

STORES MANAGER

BRITISH · ENGLAND · Age 44

Mrs Emma Lumley

director · Since 06/04/2009

OFFICE MANAGERESS

BRITISH · ENGLAND · Age 47

Persons with Significant Control

Mr Nigel Laurence Bruce

25–50% shares

British · England · Age 75

Drum House, Chester Le Street, DH2 1SR

Notified 06/04/2016

Mrs Christine Bruce

25–50% shares

British · England · Age 68

Drum House, Chester Le Street, DH2 1SR

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 30/10/1998Registered 06/11/1998
charge
outstanding

BARCLAYS BANK PLC

Created 08/12/1986Registered 15/12/1986

CompanyRankvs 43+ SIC 46750 peers
78

Financial strength97th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.73× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/01/2025

Net Worth

£4.4M

Balance sheet strength

Cash

£3.1M

Cash in the bank

Net Current Assets

£3.7M

Working capital

Current Assets

£4.7M

Current Liabilities

£990k

Fixed Assets

£715k

Debtors

£682k

16avg. employees-3

Tax at Year End

VAT£47k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20254.73+£408k£940k
20244.35+£422k£1.3M
20234.64+£1.3M£1.3M
20193.50+£168k—
20173.20——

Derived from filed accounts. Not audited figures.