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Safety Handles Limited

14637601

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

VICTORIA HOUSE, READING, RG1 1TG
Incorporated 03/02/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

99999
Dormant company

Officers

Mr Simon Anthony Allder

director · Since 03/02/2023

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 6 other boards

Persons with Significant Control

Mr Simon Anthony Allder

75–100% shares
75–100% votes
Appoint directors

British · England · Age 57

Unit 3, Toutley Industrial Estate, Wokingham, RG41 1QN

Notified 03/02/2023

CompanyRankvs 58994+ SIC 99999 peers
23

Financial strength0th percentile among SIC peers · 0/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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58994Safety Handles Limited
33
How is this score calculated?
Financial strength0/25 pts

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

Employees13/15 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.

Longevity3/15 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

Basis of preparation These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. Going concern The director is not aware of any material uncertainties that may cast significant doubt over the ability of the company to continue trading. The preparation of the financial statements o

Key FinancialsYear ending 31/03/2025

Net Worth

-£310k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£15k

Current Liabilities

£325k

Debtors

£7k

1avg. employees
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20250.05
20240.18

Derived from filed accounts. Not audited figures.