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Securefast Limited

02397020

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

C/O OSL CUTTING TECHNOLOGIES LTD, SHEFFIELD, S9 3WD
Incorporated 20/06/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46760
Wholesale of other intermediate products

Officers

Ms Victoria Richardson

secretary · Since 04/03/2022

Mr Mathew James Grey

director · Since 04/03/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Also on 2 other boards

Mr David Grey Mbe

director · Since 04/03/2022

CHAIRMAN

BRITISH · ENGLAND · Age 69

Also on 15 other boards

Mr Neil Berry

director · Since 25/04/2022

CHIEF FINANCE OFFICER

BRITISH · ENGLAND · Age 44

Also on 3 other boards

Mr Philip Colin Croker

director · Since 05/05/2023

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 1 other board

Persons with Significant Control

Osl Group Holdings Ltd

75–100% shares
75–100% votes
Appoint directors

C/O Osl Cutting Technologies Ltd, Burgess Road, Sheffield, S9 3WD

Reg: 04507446 · Companies House · Limited Company

Notified 04/03/2022

Former PSCs

Mr David John Sebire

Ceased 04/03/2022

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 16/03/2022Registered 18/03/2022
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 04/03/2022Registered 09/03/2022
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 05/08/2002Registered 07/08/2002Satisfied 19/04/2022
charge
satisfied

LLOYDS BANK PLC

Created 09/10/1996Registered 11/10/1996Satisfied 31/08/2018
charge
satisfied

LLOYDS BANK PLC

Created 09/10/1996Registered 11/10/1996Satisfied 31/08/2018
charge
satisfied

LLOYDS BANK PLC

Created 12/06/1990Registered 16/06/1990Satisfied 19/04/2022

CompanyRankvs 26570+ SIC 46760 peers
18

Financial strength15th percentile among SIC peers · 4/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio NaN× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength4/25 pts

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

Employees2/15 pts

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

Liquidity2/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

are free from material misstatement, whether due to fraud or error. In preparing the financial statements , the directors are responsible for assessing the company ' s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease opera

Key FinancialsYear ending 31/12/2024

Net Worth

£0

Balance sheet strength

Cash

£0

Cash in the bank

Profit Before Tax

-£8k

Bottom line earnings

Net Current Assets

£0

Working capital

Current Assets

£0

Current Liabilities

£0

Debtors

£0

Admin Expenses

£0

Profit After Tax

-£8k

0avg. employees-11

Tax at Year End

Dividends paid£1.8M

People Costs(2021)

Wages & salaries£1.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2024NaN
20231.80
20222.26
20222.53+£316k
20212.41

Derived from filed accounts. Not audited figures.