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Safe Living Furniture Ltd

15109969

active
Private Limited Company
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

15A ANCHOR ROAD, WALSALL, WS9 8PT
Incorporated 01/09/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

31090
Manufacture of other furniture

Officers

Mrs Anjna Panchal

director · Since 01/09/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Mr Grant Rees

director · Since 01/09/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 2 other boards

Persons with Significant Control

Mr Grant Rees

25–50% shares
25–50% votes
Appoint directors

British · England · Age 45

141, Walstead Road, Walsall, WS5 4LU

Notified 01/09/2023

Mrs Anjna Panchal

25–50% shares
25–50% votes
Appoint directors

British · England · Age 52

15a, Anchor Road, Walsall, WS9 8PT

Notified 01/09/2023

CompanyRankvs 4367+ SIC 31090 peers
38

Financial strength22th percentile among SIC peers · 6/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.95× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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4367Safe Living Furniture Ltd
33
How is this score calculated?
Financial strength6/25 pts

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

Employees8/15 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.

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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

-£41

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£41

Working capital

Current Assets

£860

Current Liabilities

£901

2avg. employees

Balance Sheet

Assets less current liabilities-£41
Signed by Mr GRANT NICHOLAS REES 31 August 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.95

Derived from filed accounts. Not audited figures.