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Safer Surfacing Ltd

08154182

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

UNITS A-D FACTORY ROAD, DEESIDE, CH5 2QJ
Incorporated 24/07/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Thomas Ian Glassbrook

director · Since 24/07/2012

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 8 other boards

Mr Graham Glassbrook

director · Since 23/08/2012

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 4 other boards

Persons with Significant Control

Mr Thomas Ian Glassbrook

25–50% shares
25–50% votes
Appoint directors
Significant control

British · England · Age 62

Units A-D, Factory Road, Deeside, CH5 2QJ

Notified 24/07/2016

Mr Graham Glassbrook

25–50% shares
25–50% votes
Appoint directors
Significant control

British · England · Age 60

Units A-D, Factory Road, Deeside, CH5 2QJ

Notified 24/07/2016

Charges1 outstanding

Charge
satisfied

THE NORTH WEST FUND FOR BUSINESS LOANS LP ACTING BY NW LOANS LIMITED AS THE GENERAL PARTNER OF

Created 10/07/2017Registered 12/07/2017Satisfied 03/09/2019
Charge
outstanding

MERSEYSIDE LOAN AND EQUITY FUND LLP

Created 11/04/2016Registered 12/04/2016
charge
satisfied

ABN AMRO COMMERCIAL FINANCE PLC

Created 04/09/2012Registered 14/09/2012Satisfied 28/10/2015

CompanyRankvs 10433+ SIC 32990 peers
30

Financial strength1th percentile among SIC peers · 0/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.17× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees9/15 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.

Longevity14/15 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 31/05/2022

Net Worth

-£647k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£909k

Working capital

Current Assets

£184k

Current Liabilities

£1.1M

Fixed Assets

£292k

Debtors

£107k

3avg. employees

Tax at Year End

VAT£4k

Director Loans

Company owes directors£116k

Balance Sheet

Assets less current liabilities-£617k
Signed by Mr Thomas Glassbrook 30 May 2023Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20220.17-£136k£75k
20210.16-£42k£107k
20200.34+£68k
20190.18£93k

Derived from filed accounts. Not audited figures.