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Safetonet Limited

08733316

active
ltd
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

Quadrant House, Broad Street Mall, Reading, RG1 7QE
Incorporated 15/10/2013

Previously known as

Avanatta Limited · until 12/02/2016

Compliance

Last accounts

31/12/2024

group

Next accounts due

27/09/2026

On track

Confirmation statement

Last: 23/10/2025

Due 06/11/2026

On track

Industry

62090
Other information technology service activities

Officers

Mr Richard Michael Pursey

director · Since 15/10/2013

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 6 other boards

Mr Gottfried Werner

director · Since 25/07/2019

DIRECTOR

GERMAN · GERMANY · Age 50

Mr Francis Edward Fox

director · Since 16/09/2022

DIRECTOR

AMERICAN · UNITED STATES · Age 67

Richard Michael Pursey

director · Since 15/10/2013

British · England · Age 64

Gottfried Werner

director · Since 25/07/2019

German · Germany · Age 50

Francis Edward Fox

director · Since 16/09/2022

American · United States · Age 67

Former

Edward John Hailey

director · Resigned 30/06/2014

William Eric Peacock

director · Resigned 09/07/2015

Colin James Forrest

director · Resigned 07/12/2016

Rene Hanns Schuster

director · Resigned 12/03/2020

John Christopher Hutchinson

director · Resigned 11/11/2020

Randi Feigin

director · Resigned 11/02/2021

Florian Zimmermann

director · Resigned 21/08/2022

Thomas Graham Albert Farrell

director · Resigned 04/04/2023

Michael Francis Dempsey Burns

director · Resigned 20/03/2024

John Charles Revell

director · Resigned 24/06/2026

Mr John Charles Revell

director · Resigned 24/06/2026

Persons with Significant Control

Mr Richard Michael Pursey

25–50% shares
25–50% votes

British · England · Age 64

Quadrant House, Broad Street Mall, Reading, RG1 7QE

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

A1T1 LTD

Created 23/08/2022Registered 07/09/2022Satisfied 11/08/2023

Change History

statusactive
2026-07-21

Active

typeltd
2026-07-21

Private Limited Company

address line1Quadrant House
2026-07-21

QUADRANT HOUSE

post townReading
2026-07-21

READING

CompanyRankvs 11844+ SIC 62090 peers
60

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.44× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 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.

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.

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

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

Going Concern Doubt

the financial statements. Nonetheless, we draw attention to the disclosures in note 2 to the accounts regarding going concern, detailing the group's reliance on external funding to ensure that it can continue to operate. If funds are not raised in the near future there are doubts over the group's ability to continue as a go

Key FinancialsYear ending 31/12/2024

Turnover

£19.3M

Annual revenue

Net Worth

£5.1M

Balance sheet strength

Cash

£901k

Cash in the bank

Profit Before Tax

-£5.2M

Bottom line earnings

Net Current Assets

-£6.2M

Working capital

Current Assets

£4.8M

Current Liabilities

£10.9M

Fixed Assets

£17.3M

Debtors

£3.5M

Cost of Sales

£3.8M

Gross Profit

£15.5M

Admin Expenses

£20.3M

Operating Profit

-£4.6M

Profit After Tax

-£5.2M

219avg. employees-2

Tax at Year End

Dividends paid£43k

People Costs

Wages & salaries£8.5M
NI contributions£1.7M

Balance Sheet

Intangible assets£16.8M
Bank loans & overdrafts£89k
Assets less current liabilities£11.1M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.44-£4.9M
20230.44

Derived from filed accounts. Not audited figures.