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Saferad Limited

03227613

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

6 STOCKLEY GROVE, DURHAM, DH7 8DU
Incorporated 22/07/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26600
Manufacture of irradiation, electromedical and electrotherapeutic equipment
72190
Other research and experimental development on natural sciences and engineering

Officers

Mrs Teresa Ann Wass

secretary · Since 22/07/1996

COMPANY SECRETARY

ENGLISH · ENGLAND · Age 74

Also on 7 other boards

Mr Malcolm Laing Wass

director · Since 22/07/1996

ENGINEER

ENGLISH · ENGLAND · Age 76

Also on 5 other boards

Mrs Teresa Ann Wass

director · Since 27/09/1997

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 74

Also on 7 other boards

Persons with Significant Control

Mr Malcolm Laing Wass

Significant control

English · England · Age 76

6 Stockley Grove, Durham, DH7 8DU

Notified 22/07/2016

Mrs Teresa Ann Wass

50–75% shares
50–75% votes
Appoint directors

English · England · Age 74

6 Stockley Grove, Durham, DH7 8DU

Notified 22/07/2016

Charges0 outstanding

charge
satisfied

HSBC BANK PLC

Created 12/04/2006Registered 18/04/2006Satisfied 17/08/2018
charge
satisfied

HSBC BANK PLC

Created 03/08/2005Registered 19/08/2005Satisfied 17/08/2018
charge
satisfied

MIDLAND BANK PLC

Created 27/08/1999Registered 01/09/1999Satisfied 17/08/2018

CompanyRankvs 17+ SIC 26600 peers
79

Financial strength94th percentile among SIC peers · 24/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.13× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees13/15 pts

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

Liquidity12/20 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£1.7M

Balance sheet strength

Cash

£245k

Cash in the bank

Net Current Assets

£40k

Working capital

Current Assets

£357k

Current Liabilities

£317k

Fixed Assets

£1.7M

Debtors

£58k

9avg. employees-1

Tax at Year End

Corp tax£8k

Director Loans

Company owes directors£261k

Balance Sheet

Intangible assets£1
Assets less current liabilities£1.7M
Signed by Mr Malcolm Wass 30/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.13-£434k
20231.86+£198k
20221.39-£451k£374k
20211.94-£68k£374k
20201.74-£117k£166k
20191.64+£317k£166k
20181.40£144k

Derived from filed accounts. Not audited figures.