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Safetonet Limited

08733316

active
Private Limited Company
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, READING, RG1 7QE
Incorporated 15/10/2013

Compliance

Last accounts

31/12/2023

group

Next accounts due

27/03/2026

Overdue

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 John Charles Revell

director · Since 16/02/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 2 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

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

CompanyRankvs 12047+ SIC 62090 peers
60

Financial strength100th 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

R M Pursey J C Revell F E Fox T G A Farrell (ceased 4 April 2023 ) G Werner M F D Burns (ceased 20 March 2024 ) Principal activity The principal activity of the group is keeping children safe online. Going concern The financial statements have been prepared on a going concern basis with a material uncertainty surrounding this. The directors have assessed the company’s ability to continue as a goin

Key FinancialsYear ending 31/12/2023

Turnover

£19.4M

Annual revenue

Net Worth

£10.0M

Balance sheet strength

Cash

£613k

Cash in the bank

Profit Before Tax

-£5.0M

Bottom line earnings

Net Current Assets

-£6.1M

Working capital

Current Assets

£4.9M

Current Liabilities

£11.0M

Fixed Assets

£20.3M

Debtors

£3.9M

Cost of Sales

£4.7M

Gross Profit

£14.7M

Admin Expenses

£19.5M

Operating Profit

-£4.3M

Profit After Tax

-£5.0M

221avg. employees-41

Tax at Year End

Dividends paid£53k

People Costs

Wages & salaries£8.9M
NI contributions£1.5M

Balance Sheet

Intangible assets£19.8M
Bank loans & overdrafts£368k
Assets less current liabilities£14.2M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20230.44-£4.4M
20220.52-£9.6M
20211.40+£20.5M
20201.92+£358k
20196.65

Derived from filed accounts. Not audited figures.