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Safety Padding Gb Ltd

09983710

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

87 PARK ROAD, LEICESTER, LE9 7EP
Incorporated 02/02/2016

Compliance

Last accounts

28/02/2023

micro entity

Next accounts due

28/02/2025

Overdue

Confirmation statement

Last: 01/02/2026

Due 15/02/2027

On track

Industry

32990
Other manufacturing

Officers

Philip Kirkland

director · Since 02/02/2016

DIRECTOR

BRITISH · ENGLAND · Age 52

Persons with Significant Control

Mr Philip James Kirkland

25–50% shares
25–50% votes

British · England · Age 52

87, Park Road, Leicester, LE9 7EP

Notified 06/04/2016

Mr Robert Kearns

25–50% shares
25–50% votes

British · Ireland · Age 57

87, Park Road, Leicester, LE9 7EP

Notified 18/10/2017

CompanyRankvs 10482+ SIC 32990 peers
43

Financial strength6th percentile among SIC peers · 2/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.73× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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.

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

Key FinancialsYear ending 28/02/2023

Net Worth

-£50k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£38k

Working capital

Current Assets

£105k

Current Liabilities

£144k

Fixed Assets

£21k

4avg. employees+1

Balance Sheet

Assets less current liabilities-£17k
Prepared with Sage Accounts Production 21.0 - FRS102_2021

EstimatesDerived

YearCurrent RatioImplied Profit
20230.73+£7k
20220.68-£25k
20210.95-£23k
20201.06-£24k
20191.88

Derived from filed accounts. Not audited figures.