safesite limited

4.5

safesite limited Company Information

Share SAFESITE LIMITED
Live 
MatureSmallLow

Company Number

02609468

Registered Address

unit a2 cradley business park, overend road, cradley heath, west midlands, B64 7DW

Industry

Specialised construction activities (other than scaffold erection) n.e.c.

 

Telephone

01579363826

Next Accounts Due

September 2024

Group Structure

View All

Directors

Neil Russ11 Years

Christopher Milburn11 Years

View All

Shareholders

kig ltd 100%

safesite limited Estimated Valuation

£2m

Pomanda estimates the enterprise value of SAFESITE LIMITED at £2m based on a Turnover of £3.5m and 0.57x industry multiple (adjusted for size and gross margin).

safesite limited Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of SAFESITE LIMITED at £1.7m based on an EBITDA of £264k and a 6.35x industry multiple (adjusted for size and gross margin).

safesite limited Estimated Valuation

£6.5m

Pomanda estimates the enterprise value of SAFESITE LIMITED at £6.5m based on Net Assets of £2.6m and 2.45x industry multiple (adjusted for liquidity).

Valuation Calculator
This valuation is estimated based on financial data from December 2022 

Safesite Limited AI Business Plan

In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.

View Sample

Safesite Limited Overview

Safesite Limited is a live company located in cradley heath, B64 7DW with a Companies House number of 02609468. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in May 1991, it's largest shareholder is kig ltd with a 100% stake. Safesite Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.5m with low growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Safesite Limited Health Check

Pomanda's financial health check has awarded Safesite Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £3.5m, make it smaller than the average company (£6.2m)

£3.5m - Safesite Limited

£6.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (4.5%)

3% - Safesite Limited

4.5% - Industry AVG

production

Production

with a gross margin of 51.7%, this company has a lower cost of product (24.1%)

51.7% - Safesite Limited

24.1% - Industry AVG

profitability

Profitability

an operating margin of 7.4% make it more profitable than the average company (5.4%)

7.4% - Safesite Limited

5.4% - Industry AVG

employees

Employees

with 20 employees, this is below the industry average (31)

20 - Safesite Limited

31 - Industry AVG

paystructure

Pay Structure

on an average salary of £41.5k, the company has an equivalent pay structure (£45.4k)

£41.5k - Safesite Limited

£45.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £173k, this is equally as efficient (£182.9k)

£173k - Safesite Limited

£182.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 75 days, this is later than average (57 days)

75 days - Safesite Limited

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 17 days, this is quicker than average (39 days)

17 days - Safesite Limited

39 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 66 days, this is more than average (13 days)

66 days - Safesite Limited

13 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 37 weeks, this is more cash available to meet short term requirements (19 weeks)

37 weeks - Safesite Limited

19 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 10.4%, this is a lower level of debt than the average (62.9%)

10.4% - Safesite Limited

62.9% - Industry AVG

safesite limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for safesite limited. Get real-time insights into safesite limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Safesite Limited Competitor Analysis

BETA
competitor_analysis_table_img

Perform a competitor analysis for safesite limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

safesite limited Ownership

SAFESITE LIMITED group structure

Safesite Limited has no subsidiary companies.

Ultimate parent company

GRAVITY INVESTMENT SARL

#0129567

2 parents

SAFESITE LIMITED

02609468

SAFESITE LIMITED Shareholders

kig ltd 100%

safesite limited directors

Safesite Limited currently has 3 directors. The longest serving directors include Mr Neil Russ (Oct 2012) and Mr Christopher Milburn (Oct 2012).

officercountryagestartendrole
Mr Neil RussEngland51 years Oct 2012- Director
Mr Christopher MilburnUnited Kingdom57 years Oct 2012- Director
Mr Mark DolanEngland56 years Apr 2021- Director

SAFESITE LIMITED financials

EXPORTms excel logo

Safesite Limited's latest turnover from December 2022 is £3.5 million and the company has net assets of £2.6 million. According to their latest financial statements, Safesite Limited has 20 employees and maintains cash reserves of £223 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012May 2012May 2011May 2010
Turnover3,459,0003,239,0002,927,0003,201,0003,383,0003,324,0003,140,0002,854,0002,806,0002,350,0001,246,0002,758,0002,430,9382,472,472
Other Income Or Grants00000000000000
Cost Of Sales1,670,0001,671,0001,247,0001,162,0001,358,0001,562,0001,611,0001,256,0001,343,000919,000507,0001,284,0001,990,8512,011,901
Gross Profit1,789,0001,568,0001,680,0002,039,0002,025,0001,762,0001,529,0001,598,0001,463,0001,431,000739,0001,474,000440,087460,571
Admin Expenses1,534,0001,464,0001,520,0001,774,0001,560,0001,462,0001,376,0001,402,0001,397,0001,286,000990,0001,158,000608,468-318,027
Operating Profit255,000104,000160,000265,000465,000300,000153,000196,00066,000145,000-251,000316,000-168,381778,598
Interest Payable00000007,0008,00011,00062,00039,00015,6720
Interest Receivable95,00059,00055,00045,00022,0008,0001,000000001,106652
Pre-Tax Profit350,000163,000215,000310,000487,000308,000154,000189,00058,000134,000-313,000277,000-182,948779,250
Tax-8,000001,00077,000-35,000-17,000-6,000-10,0003,0000-55,0000-218,190
Profit After Tax342,000163,000215,000311,000564,000273,000137,000183,00048,000137,000-313,000222,000-182,948561,060
Dividends Paid00000000000329,00000
Retained Profit342,000163,000215,000311,000564,000273,000137,000183,00048,000137,000-313,000-107,000-182,948561,060
Employee Costs830,000843,000920,000959,000841,000864,000820,000860,000848,000896,000493,000924,000359,870377,907
Number Of Employees2023242522222023282728301011
EBITDA*264,000118,000172,000282,000485,000318,000169,000220,000105,000188,000-220,000372,000-137,628815,414

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012May 2012May 2011May 2010
Tangible Assets31,00029,00018,00018,00034,00035,00040,00057,00090,000109,000133,000953,000912,154874,636
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets31,00029,00018,00018,00034,00035,00040,00057,00090,000109,000133,000953,000912,154874,636
Stock & work in progress306,000306,000381,000223,000161,000159,000282,000203,000137,000161,000183,000294,000198,747344,902
Trade Debtors718,000787,000574,000456,000820,000732,000912,000486,000765,000461,000292,000358,000642,200570,392
Group Debtors1,619,0001,205,0001,090,0001,093,000614,000458,000036,000000000
Misc Debtors56,00087,00071,00054,000136,000100,00036,00047,000073,00030,00062,00000
Cash223,00069,000222,000253,00056,00050,00054,00091,000140,000202,000118,000182,000181,543260,733
misc current assets000000000000241241
total current assets2,922,0002,454,0002,338,0002,079,0001,787,0001,499,0001,284,000863,0001,042,000897,000623,000896,0001,022,7311,176,268
total assets2,953,0002,483,0002,356,0002,097,0001,821,0001,534,0001,324,000920,0001,132,0001,006,000756,0001,849,0001,934,8852,050,904
Bank overdraft00000000000329,00000
Bank loan00000000000000
Trade Creditors 79,00061,00050,00057,00053,00094,000285,000101,00090,000137,000149,000164,000711,149668,084
Group/Directors Accounts66,00068,00073,00070,00056,00087,00033,00077,000187,000153,0000000
other short term finances00000000000000
hp & lease commitments00000000035,00054,00052,00000
other current liabilities163,00063,000105,00057,000110,000315,000239,000114,000166,000123,000182,000211,00000
total current liabilities308,000192,000228,000184,000219,000496,000557,000292,000443,000448,000385,000756,000711,149668,084
loans00000000244,000161,00069,000445,000482,2220
hp & lease commitments000000000035,00068,00054,3570
Accruals and Deferred Income00000000000000
other liabilities0000000000000519,556
provisions0000002,0000007,0007,0006,8410
total long term liabilities0000002,0000244,000161,000111,000520,000543,420519,556
total liabilities308,000192,000228,000184,000219,000496,000559,000292,000687,000609,000496,0001,276,0001,254,5691,187,640
net assets2,645,0002,291,0002,128,0001,913,0001,602,0001,038,000765,000628,000445,000397,000260,000573,000680,316863,264
total shareholders funds2,645,0002,291,0002,128,0001,913,0001,602,0001,038,000765,000628,000445,000397,000260,000573,000680,316863,264
Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012May 2012May 2011May 2010
Operating Activities
Operating Profit255,000104,000160,000265,000465,000300,000153,000196,00066,000145,000-251,000316,000-168,381778,598
Depreciation9,00014,00012,00017,00020,00018,00016,00024,00039,00043,00031,00056,00030,75336,816
Amortisation00000000000000
Tax-8,000001,00077,000-35,000-17,000-6,000-10,0003,0000-55,0000-218,190
Stock0-75,000158,00062,0002,000-123,00079,00066,000-24,000-22,000-15,74795,253-146,155344,902
Debtors314,000344,000132,00033,000280,000342,000379,000-196,000231,000212,000-320,200-222,20071,808570,392
Creditors18,00011,000-7,0004,000-41,000-191,000184,00011,000-47,000-12,000-562,149-547,14943,065668,084
Accruals and Deferred Income100,000-42,00048,000-53,000-205,00076,000125,000-52,00043,000-59,000182,000211,00000
Deferred Taxes & Provisions00000-2,0002,00000-7,0001591596,8410
Cash flow from operations60,000-182,000-77,000139,00034,000-53,0005,000303,000-116,000-77,000-264,043107,957-13,375350,014
Investing Activities
capital expenditure-11,000-25,000-12,000-1,000-19,000-13,0001,0009,000-20,000-19,000748,154-96,846-68,271-911,452
Change in Investments00000000000000
cash flow from investments-11,000-25,000-12,000-1,000-19,000-13,0001,0009,000-20,000-19,000748,154-96,846-68,271-911,452
Financing Activities
Bank loans00000000000000
Group/Directors Accounts-2,000-5,0003,00014,000-31,00054,000-44,000-110,00034,000153,0000000
Other Short Term Loans 00000000000000
Long term loans0000000-244,00083,00092,000-413,222-37,222482,2220
Hire Purchase and Lease Commitments00000000-35,000-54,00034,64365,64354,3570
other long term liabilities000000000000-519,556519,556
share issue12,000000000000-107,316-3160302,204
interest95,00059,00055,00045,00022,0008,0001,000-7,000-8,000-11,000-62,000-39,000-14,566652
cash flow from financing105,00054,00058,00059,000-9,00062,000-43,000-361,00074,000180,000-547,895-10,8952,457822,412
cash and cash equivalents
cash154,000-153,000-31,000197,0006,000-4,000-37,000-49,000-62,00084,000-63,543457-79,190260,733
overdraft00000000000329,00000
change in cash154,000-153,000-31,000197,0006,000-4,000-37,000-49,000-62,00084,000-63,543-328,543-79,190260,733

P&L

December 2022

turnover

3.5m

+7%

operating profit

255k

+145%

gross margin

51.8%

+6.84%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2022

net assets

2.6m

+0.15%

total assets

3m

+0.19%

cash

223k

+2.23%

net assets

Total assets minus all liabilities

safesite limited company details

company number

02609468

Type

Private limited with Share Capital

industry

43999 - Specialised construction activities (other than scaffold erection) n.e.c.

incorporation date

May 1991

age

33

accounts

Audit Exemption Subsidiary

ultimate parent company

GRAVITY INVESTMENT SARL

previous names

N/A

incorporated

UK

address

unit a2 cradley business park, overend road, cradley heath, west midlands, B64 7DW

last accounts submitted

December 2022

safesite limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 15 charges/mortgages relating to safesite limited. Currently there are 4 open charges and 11 have been satisfied in the past.

charges

safesite limited Companies House Filings - See Documents

datedescriptionview/download