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Safety Engineering Products Limited

07465868

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 2A CRADLEY BUSINESS PARK, CRADLEY HEATH, B64 7DW
Incorporated 10/12/2010

Compliance

Last accounts

31/12/2024

audit exemption subsidiary

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 31/12/2025

Due 14/01/2027

On track

Industry

28990
Manufacture of other special-purpose machinery

Officers

Mr Alastair James Hogg

director · Since 29/04/2022

DIRECTOR

SCOTTISH · SCOTLAND · Age 50

Also on 6 other boards

Mr Neil Andrew Russ

director · Since 29/04/2022

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 67 other boards

Mr Christopher Ian Peat

director · Since 24/02/2026

BRITISH · ENGLAND · Age 43

Also on 25 other boards

Persons with Significant Control

K.I.G. Limited

75–100% shares

Unit 2a, Cradley Business Park, Cradley Heath, B64 7DW

Reg: 03182765 · Companies House · Private Limited Company

Notified 29/04/2022

Former PSCs

Mrs Jodi Kelli Hancock

Ceased 29/04/2022

Charges2 outstanding

Charge
outstanding

HSBC CORPORATE TRUSTEE COMPANY (UK) LIMITED

Created 30/06/2025Registered 01/07/2025
Charge
outstanding

LLOYDS BANK PLC

Created 13/11/2024Registered 22/11/2024
Charge
satisfied

HSBC CORPORATE TRUSTEE COMPANY (UK) LIMITED

Created 30/07/2024Registered 08/08/2024Satisfied 09/07/2025

CompanyRankvs 230+ SIC 28990 peers
73

Financial strength83th percentile among SIC peers · 21/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.26× · 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 strength21/25 pts

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

Employees12/15 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 31/12/2021

Net Worth

£964k

Balance sheet strength

Cash

£421k

Cash in the bank

Net Current Assets

£897k

Working capital

Current Assets

£1.6M

Current Liabilities

£714k

Fixed Assets

£82k

Debtors

£904k

14avg. employees+1

Tax at Year End

Corp tax£171k

Balance Sheet

Assets less current liabilities£979k
Prepared with Caseware UK (AP4) 2021.0.152

EstimatesDerived

YearCurrent RatioImplied Profit
20212.26-£138k
20202.43+£519k
20191.61

Derived from filed accounts. Not audited figures.