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Blackline Safety Europe Ltd

08169496

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

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

Details

12 DE GREY SQUARE, COLCHESTER, CO4 5YQ
Incorporated 06/08/2012

Compliance

Last accounts

31/10/2024

full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 06/08/2025

Due 20/08/2026

On track

Industry

46520
Wholesale of electronic and telecommunications equipment and parts

Officers

Mr James Peter Mullane

director · Since 27/05/2022

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 2 other boards

Mr Cody Slater

director · Since 27/05/2022

CHIEF EXECUTIVE OFFICER

CANADIAN · CANADA · Age 63

Mr Christopher Dale Curry

director · Since 23/01/2026

CANADIAN · CANADA · Age 52

Persons with Significant Control

Former PSCs

Mr Daryl Katz

Ceased 06/04/2016

Charges2 outstanding

A registered charge
satisfied

ATB FINANCIAL

Created 19/12/2022Registered 02/07/2026Satisfied 02/07/2026
Charge
outstanding

ATB FINANCIAL

Created 19/12/2022Registered 20/12/2022
Charge
satisfied

NATIONAL BANK OF CANADA

Created 02/02/2021Registered 09/02/2021Satisfied 22/08/2024
Charge
outstanding

HSBC UK BANK PLC

Created 10/10/2018Registered 11/10/2018

CompanyRankvs 2195+ SIC 46520 peers
30

Financial strength0th percentile among SIC peers · 0/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.62× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 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.

Liquidity6/20 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

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

performed, 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 c

Key FinancialsYear ending 31/10/2025

Turnover

£11.4M

Annual revenue

Net Worth

-£4.2M

Balance sheet strength

Cash

£642k

Cash in the bank

Profit Before Tax

£195k

Bottom line earnings

Net Current Assets

Working capital

Current Assets

£7.5M

Current Liabilities

£12.1M

Debtors

£2.5M

Cost of Sales

£6.6M

Gross Profit

£4.9M

Admin Expenses

£4.5M

Operating Profit

£228k

Profit After Tax

£174k

60avg. employees

People Costs

Wages & salaries£3.4M
NI contributions£373k

Balance Sheet

Interest payable£33k
Total assets£8.8M
Prepared with Caseware UK (AP4) 2025.0.111

EstimatesDerived

YearCurrent Ratio
20250.62

Derived from filed accounts. Not audited figures.