Safetonet Limited
08733316
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Previously known as
Compliance
Last accounts
31/12/2024
group
Next accounts due
27/09/2026
Confirmation statement
Last: 23/10/2025
Due 06/11/2026
Industry
Officers
director · Since 15/10/2013
DIRECTOR
BRITISH · ENGLAND · Age 64
Also on 6 other boards
Former
director · Resigned 30/06/2014
director · Resigned 09/07/2015
director · Resigned 07/12/2016
director · Resigned 12/03/2020
director · Resigned 11/11/2020
director · Resigned 11/02/2021
director · Resigned 21/08/2022
director · Resigned 04/04/2023
director · Resigned 20/03/2024
director · Resigned 24/06/2026
director · Resigned 24/06/2026
Persons with Significant Control
Mr Richard Michael Pursey
British · England · Age 64
Quadrant House, Broad Street Mall, Reading, RG1 7QE
Notified 06/04/2016
Charges0 outstanding
A1T1 LTD
Change History
Active
Private Limited Company
QUADRANT HOUSE
READING
CompanyRankvs 11844+ SIC 62090 peers60
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.44 | -£4.9M |
| 2023 | 0.44 | — |
Derived from filed accounts. Not audited figures.