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Safehands Recruitment Ltd

08344417

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

MANOR PARK PLACE RUTHERFORD WAY, CHELTENHAM, GL51 9TU
Incorporated 02/01/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

78200
Temporary employment agency activities

Officers

Mrs Katie Patricia Armstrong

director · Since 10/01/2013

DIRECTOR

BRITISH · WALES · Age 42

Mr James Michael Gibbs

director · Since 08/08/2013

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 9 other boards

Persons with Significant Control

Partners In Recruitment Group Limited

75–100% shares
75–100% votes
Appoint directors

Manor Park Place, Rutherford Way, Cheltenham, GL51 9TU

Reg: 12873998 · Register Of Companies Of England And Wales · Company Limited By Shares

Notified 30/10/2020

Former PSCs

Mr Katie Patricia Armstrong

Ceased 31/08/2019

Mr Richard Douglas James East

Ceased 22/04/2020

Mr James Gibbs

Ceased 22/04/2020

R E People Limited

Ceased 30/10/2020

Charges1 outstanding

Charge
outstanding

CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)

Created 25/11/2025Registered 26/11/2025
Charge
satisfied

RBS INVOICE FINANCE LTD

Created 11/10/2021Registered 20/10/2021Satisfied 15/12/2025
Charge
satisfied

SECURE TRUST BANK PLC

Created 13/06/2016Registered 17/06/2016Satisfied 02/02/2022
Charge
satisfied

SME INVOICE FINANCE LIMITED

Created 19/06/2014Registered 27/06/2014Satisfied 24/12/2018

CompanyRankvs 1281+ SIC 78200 peers
57

Financial strength90th percentile among SIC peers · 23/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.05× · 12/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 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.

Longevity13/15 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

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 31/07/2025

Turnover

£14.4M

Annual revenue

Net Worth

£147k

Balance sheet strength

Cash

£215k

Cash in the bank

Profit Before Tax

£188k

Bottom line earnings

Net Current Assets

£117k

Working capital

Current Assets

£2.5M

Current Liabilities

£2.4M

Fixed Assets

£37k

Debtors

£2.3M

Cost of Sales

£11.4M

Gross Profit

£3.0M

Admin Expenses

£2.8M

Operating Profit

£189k

Profit After Tax

£144k

26avg. employees

Tax at Year End

Corp tax£25k
Dividends paid£360k

Director Loans

Directors owe company£154k

People Costs

Wages & salaries£13.2M

Balance Sheet

Assets less current liabilities£154k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20251.05+£0
20251.05-£216k
20241.15-£231k
20231.27+£219k
20221.21+£185k
20201.07+£25k
20191.05+£39k
20181.02

Derived from filed accounts. Not audited figures.