safehands group limited
safehands group limited Company Information
Company Number
07354779
Next Accounts
2009 days late
Shareholders
rigby corporation
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
c/o rsm restructuring advisory, fifth floor central square, leeds, LS1 4DL
Website
safehandscare.comsafehands group limited Estimated Valuation
Pomanda estimates the enterprise value of SAFEHANDS GROUP LIMITED at £17.6m based on a Turnover of £8.6m and 2.04x industry multiple (adjusted for size and gross margin).
safehands group limited Estimated Valuation
Pomanda estimates the enterprise value of SAFEHANDS GROUP LIMITED at £6.8m based on an EBITDA of £796.9k and a 8.54x industry multiple (adjusted for size and gross margin).
safehands group limited Estimated Valuation
Pomanda estimates the enterprise value of SAFEHANDS GROUP LIMITED at £2.2m based on Net Assets of £1.7m and 1.31x industry multiple (adjusted for liquidity).
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Safehands Group Limited Overview
Safehands Group Limited is a live company located in leeds, LS1 4DL with a Companies House number of 07354779. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in August 2010, it's largest shareholder is rigby corporation with a 100% stake. Safehands Group Limited is a established, mid sized company, Pomanda has estimated its turnover at £8.6m with healthy growth in recent years.
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Safehands Group Limited Health Check
Pomanda's financial health check has awarded Safehands Group Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
5 Weak
Size
annual sales of £8.6m, make it smaller than the average company (£14.8m)
£8.6m - Safehands Group Limited
£14.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (6%)
6% - Safehands Group Limited
6% - Industry AVG
Production
with a gross margin of 75%, this company has a lower cost of product (34%)
75% - Safehands Group Limited
34% - Industry AVG
Profitability
an operating margin of 1.8% make it less profitable than the average company (5.7%)
1.8% - Safehands Group Limited
5.7% - Industry AVG
Employees
with 430 employees, this is above the industry average (105)
430 - Safehands Group Limited
105 - Industry AVG
Pay Structure
on an average salary of £13.1k, the company has a lower pay structure (£34.7k)
£13.1k - Safehands Group Limited
£34.7k - Industry AVG
Efficiency
resulting in sales per employee of £20k, this is less efficient (£155.4k)
£20k - Safehands Group Limited
£155.4k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is earlier than average (49 days)
19 days - Safehands Group Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 61 days, this is slower than average (47 days)
61 days - Safehands Group Limited
47 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (36 days)
1 days - Safehands Group Limited
36 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (12 weeks)
4 weeks - Safehands Group Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84.9%, this is a higher level of debt than the average (68.8%)
84.9% - Safehands Group Limited
68.8% - Industry AVG
SAFEHANDS GROUP LIMITED financials
Safehands Group Limited's latest turnover from December 2017 is £8.6 million and the company has net assets of £1.7 million. According to their latest financial statements, Safehands Group Limited has 430 employees and maintains cash reserves of £284.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Aug 2011 | |
|---|---|---|---|---|---|---|---|
| Turnover | 8,598,123 | 8,110,359 | 7,678,233 | 7,143,655 | 5,958,039 | 4,630,563 | |
| Other Income Or Grants | |||||||
| Cost Of Sales | 2,149,251 | 2,163,125 | 1,964,300 | 2,068,361 | 1,993,547 | 1,606,050 | |
| Gross Profit | 6,448,872 | 5,947,234 | 5,713,933 | 5,075,294 | 3,964,492 | 3,024,513 | |
| Admin Expenses | 6,298,146 | 5,556,238 | 5,230,071 | 4,650,813 | 3,691,237 | 2,861,175 | |
| Operating Profit | 150,726 | 390,996 | 483,862 | 424,481 | 273,255 | 163,338 | |
| Interest Payable | 327,839 | 281,064 | 211,382 | 92,214 | 40,262 | 35,968 | |
| Interest Receivable | |||||||
| Pre-Tax Profit | -177,113 | 109,932 | 272,480 | 332,267 | 232,993 | 127,370 | |
| Tax | -17,979 | -30,567 | 10,518 | -75,372 | -57,872 | -55,405 | |
| Profit After Tax | -195,092 | 79,365 | 282,998 | 256,895 | 175,121 | 71,965 | |
| Dividends Paid | |||||||
| Retained Profit | -195,092 | 79,365 | 282,998 | 256,895 | 175,121 | 71,965 | |
| Employee Costs | 5,622,516 | 5,362,127 | 5,101,163 | 4,948,824 | 4,052,792 | 3,333,249 | |
| Number Of Employees | 430 | 423 | 423 | 424 | 358 | 265 | |
| EBITDA* | 796,910 | 1,092,178 | 984,665 | 770,683 | 535,479 | 346,817 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Aug 2011 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 9,248,735 | 9,540,689 | 7,918,477 | 5,295,276 | 2,841,754 | 2,369,805 | |
| Intangible Assets | 527,818 | 541,982 | 533,721 | 582,752 | 631,783 | 680,815 | |
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 9,776,553 | 10,082,671 | 8,452,198 | 5,878,028 | 3,473,537 | 3,050,620 | |
| Stock & work in progress | 5,949 | 5,380 | 3,630 | 1,822 | 1,219 | 2,194 | |
| Trade Debtors | 453,379 | 202,333 | 193,742 | 179,835 | 160,766 | 110,421 | |
| Group Debtors | |||||||
| Misc Debtors | 671,718 | 820,972 | 436,013 | 450,877 | 553,979 | 170,568 | |
| Cash | 284,095 | 132,339 | 14,268 | 61,687 | 37,884 | 563,306 | 100 |
| misc current assets | |||||||
| total current assets | 1,415,141 | 1,161,024 | 647,653 | 694,221 | 753,848 | 846,489 | 100 |
| total assets | 11,191,694 | 11,243,695 | 9,099,851 | 6,572,249 | 4,227,385 | 3,897,109 | 100 |
| Bank overdraft | 1,265,271 | 1,434,687 | 1,017,018 | 698,673 | 349,495 | 584,780 | |
| Bank loan | 66,346 | ||||||
| Trade Creditors | 364,559 | 411,944 | 345,777 | 304,840 | 395,203 | 185,783 | |
| Group/Directors Accounts | 514,694 | 526,735 | 663,304 | 898,480 | |||
| other short term finances | 300,945 | ||||||
| hp & lease commitments | 165,253 | 132,342 | 125,079 | 32,952 | 1,303 | 2,319 | |
| other current liabilities | 887,156 | 915,065 | 1,261,094 | 1,389,522 | 554,673 | 498,788 | |
| total current liabilities | 3,497,878 | 3,420,773 | 2,748,968 | 2,425,987 | 1,963,978 | 2,236,496 | |
| loans | 5,652,651 | 5,519,220 | 4,045,361 | 2,382,834 | 912,899 | 541,625 | |
| hp & lease commitments | 167,152 | 252,576 | 364,328 | 122,001 | 1,227 | ||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | 185,160 | 167,181 | 136,614 | 119,845 | 85,821 | 28,195 | |
| total long term liabilities | 6,004,963 | 5,938,977 | 4,546,303 | 2,624,680 | 998,720 | 571,047 | |
| total liabilities | 9,502,841 | 9,359,750 | 7,295,271 | 5,050,667 | 2,962,698 | 2,807,543 | |
| net assets | 1,688,853 | 1,883,945 | 1,804,580 | 1,521,582 | 1,264,687 | 1,089,566 | 100 |
| total shareholders funds | 1,688,853 | 1,883,945 | 1,804,580 | 1,521,582 | 1,264,687 | 1,089,566 | 100 |
| Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Aug 2011 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | 150,726 | 390,996 | 483,862 | 424,481 | 273,255 | 163,338 | |
| Depreciation | 595,820 | 652,151 | 451,772 | 297,171 | 213,191 | 144,977 | |
| Amortisation | 50,364 | 49,031 | 49,031 | 49,031 | 49,033 | 38,502 | |
| Tax | -17,979 | -30,567 | 10,518 | -75,372 | -57,872 | -55,405 | |
| Stock | 569 | 1,750 | 1,808 | 603 | -975 | 2,194 | |
| Debtors | 101,792 | 393,550 | -957 | -84,033 | 433,756 | 280,989 | |
| Creditors | -47,385 | 66,167 | 40,937 | -90,363 | 209,420 | 185,783 | |
| Accruals and Deferred Income | -27,909 | -346,029 | -128,428 | 834,849 | 55,885 | 498,788 | |
| Deferred Taxes & Provisions | 17,979 | 30,567 | 16,769 | 34,024 | 57,626 | 28,195 | |
| Cash flow from operations | 619,255 | 417,016 | 923,610 | 1,557,251 | 367,757 | 720,995 | |
| Investing Activities | |||||||
| capital expenditure | -229,494 | -2,309,865 | -2,621,869 | -2,587,296 | -685,140 | -1,001,061 | |
| Change in Investments | |||||||
| cash flow from investments | -229,494 | -2,309,865 | -2,621,869 | -2,587,296 | -685,140 | -1,001,061 | |
| Financing Activities | |||||||
| Bank loans | -66,346 | 66,346 | |||||
| Group/Directors Accounts | -12,041 | 526,735 | -663,304 | -235,176 | 898,480 | ||
| Other Short Term Loans | 300,945 | ||||||
| Long term loans | 133,431 | 1,473,859 | 1,662,527 | 1,469,935 | 371,274 | 541,625 | |
| Hire Purchase and Lease Commitments | -52,513 | -104,489 | 334,454 | 153,650 | -2,243 | 3,546 | |
| other long term liabilities | |||||||
| share issue | |||||||
| interest | -327,839 | -281,064 | -211,382 | -92,214 | -40,262 | -35,968 | |
| cash flow from financing | 41,983 | 1,615,041 | 1,785,599 | 868,067 | 27,247 | 2,491,530 | 100 |
| cash and cash equivalents | |||||||
| cash | 151,756 | 118,071 | -47,419 | 23,803 | -525,422 | 563,206 | 100 |
| overdraft | -169,416 | 417,669 | 318,345 | 349,178 | -235,285 | 584,780 | |
| change in cash | 321,172 | -299,598 | -365,764 | -325,375 | -290,137 | -21,574 | 100 |
safehands group limited Credit Report and Business Information
Safehands Group Limited Competitor Analysis
Perform a competitor analysis for safehands group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in LS1 area or any other competitors across 12 key performance metrics.
safehands group limited Ownership
SAFEHANDS GROUP LIMITED group structure
Safehands Group Limited has 7 subsidiary companies.
Ultimate parent company
1 parent
SAFEHANDS GROUP LIMITED
07354779
7 subsidiaries
safehands group limited directors
Safehands Group Limited currently has 3 directors. The longest serving directors include Mr William Rigby (Aug 2010) and Mr Paul Manning (Mar 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Rigby | United Kingdom | 63 years | Aug 2010 | - | Director |
| Mr Paul Manning | United Kingdom | 70 years | Mar 2013 | - | Director |
| Mr Thomas Flack | England | 39 years | Feb 2016 | - | Director |
P&L
December 2017turnover
8.6m
+6%
operating profit
150.7k
-61%
gross margin
75.1%
+2.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2017net assets
1.7m
-0.1%
total assets
11.2m
0%
cash
284.1k
+1.15%
net assets
Total assets minus all liabilities
safehands group limited company details
company number
07354779
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
August 2010
age
15
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2017
previous names
safehands limited (January 2016)
safehands corporation limited (December 2015)
accountant
-
auditor
-
address
c/o rsm restructuring advisory, fifth floor central square, leeds, LS1 4DL
Bank
-
Legal Advisor
-
safehands group 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 5 charges/mortgages relating to safehands group limited. Currently there are 5 open charges and 0 have been satisfied in the past.
safehands group limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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safehands group limited Companies House Filings - See Documents
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