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Safedale Limited

02651047

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

114-116 GOODMAYES ROAD, ILFORD, IG3 9UZ
Incorporated 03/10/1991

Compliance

Last accounts

30/04/2025

medium

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 07/07/2025

Due 21/07/2026

On track

Industry

47730
Dispensing chemist in specialised stores

Officers

Kumud Balubhai Patel

secretary · Since 16/10/1991

British

Amit Balubhai Patel

director · Since 31/03/1992

British

Former

Chettleburgh International Limited

corporate nominee secretary · Resigned 16/10/1991

Balubhai Khushalbhai Patel

director · Resigned 19/12/2025

Piyushbhai Khushalbhai Patel

director · Resigned 23/03/2022

Chettleburgh'S Limited

corporate nominee director · Resigned 16/10/1991

CompanyRankvs 105+ SIC 47730 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 8.79× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 30/04/2025

Turnover

£8.5M

Annual revenue

Net Worth

£8.0M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Profit Before Tax

-£127k

Bottom line earnings

Net Current Assets

£7.4M

Working capital

Current Assets

£8.4M

Current Liabilities

£950k

Fixed Assets

£654k

Debtors

£6.7M

Cost of Sales

£5.7M

Gross Profit

£2.8M

Admin Expenses

£129k

Operating Profit

£3.1M

Profit After Tax

£455k

56avg. employees-6

Tax at Year End

Corp tax£33k
Dividends paid£3k

People Costs

Wages & salaries£1.5M
NI contributions£133k

Balance Sheet

Intangible assets£66k
Assets less current liabilities£8.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20258.79-£133k
20243.25

Derived from filed accounts. Not audited figures.