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Safeboxes Limited

08519766

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

16 BINLEY ROAD, COVENTRY, CV3 1HZ
Incorporated 08/05/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr Davinder Singh Chatha

director · Since 08/05/2013

PHYSIOTHERAPIST

BRITISH · ENGLAND · Age 49

Mr Harvinder Singh Chatha

director · Since 08/05/2013

BUSINESSMAN

BRITISH · UNITED KINGDOM · Age 50

Persons with Significant Control

Mr Harvinder Singh Chatha

50–75% shares

British · United Kingdom · Age 50

16, Binley Road, Coventry, CV3 1HZ

Notified 06/04/2016

Mr Davinder Singh Chatha

25–50% shares

British · England · Age 49

16, Binley Road, Coventry, CV3 1HZ

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 22/05/2015Registered 30/05/2015

CompanyRankvs 2051+ SIC 96090 peers
76

Financial strength97th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.1× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees14/15 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/05/2025

Net Worth

£883k

Balance sheet strength

Cash

£318k

Cash in the bank

Net Current Assets

£925k

Working capital

Current Assets

£1.2M

Current Liabilities

£299k

Fixed Assets

£43k

Debtors

£905k

7avg. employees+1

Balance Sheet

Assets less current liabilities£967k
Signed by Mr Harvinder Chatha 30th October 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.10+£50k
20244.30+£37k
20235.55+£156k
20224.90+£95k
20214.27+£121k
20204.39+£146k
20192.67+£163k
20181.07

Derived from filed accounts. Not audited figures.