the safety net initiative ltd
the safety net initiative ltd Company Information
Group Structure
View All
Industry
Activities of other membership organisations n.e.c.
Registered Address
studio 30 building 56, east lane building park, wembley, middlesex, HA9 7RG
the safety net initiative ltd Estimated Valuation
Pomanda estimates the enterprise value of THE SAFETY NET INITIATIVE LTD at £7.2k based on a Turnover of £11k and 0.65x industry multiple (adjusted for size and gross margin).
the safety net initiative ltd Estimated Valuation
Pomanda estimates the enterprise value of THE SAFETY NET INITIATIVE LTD at £0 based on an EBITDA of £0 and a 4.36x industry multiple (adjusted for size and gross margin).
the safety net initiative ltd Estimated Valuation
Pomanda estimates the enterprise value of THE SAFETY NET INITIATIVE LTD at £0 based on Net Assets of £0 and 2.45x industry multiple (adjusted for liquidity).
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The Safety Net Initiative Ltd Overview
The Safety Net Initiative Ltd is a live company located in wembley, HA9 7RG with a Companies House number of 07793143. It operates in the activities of other membership organizations n.e.c. sector, SIC Code 94990. Founded in September 2011, it's largest shareholder is unknown. The Safety Net Initiative Ltd is a established, micro sized company, Pomanda has estimated its turnover at £11k with unknown growth in recent years.
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The Safety Net Initiative Ltd Health Check
Pomanda's financial health check has awarded The Safety Net Initiative Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
6 Weak
Size
annual sales of £11k, make it smaller than the average company (£375.2k)
- The Safety Net Initiative Ltd
£375.2k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- The Safety Net Initiative Ltd
- - Industry AVG
Production
with a gross margin of 43.7%, this company has a higher cost of product (95.5%)
- The Safety Net Initiative Ltd
95.5% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- The Safety Net Initiative Ltd
- - Industry AVG
Employees
with 1 employees, this is below the industry average (11)
- The Safety Net Initiative Ltd
11 - Industry AVG
Pay Structure
on an average salary of £26.2k, the company has an equivalent pay structure (£26.2k)
- The Safety Net Initiative Ltd
£26.2k - Industry AVG
Efficiency
resulting in sales per employee of £11k, this is less efficient (£50.4k)
- The Safety Net Initiative Ltd
£50.4k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is later than average (12 days)
- The Safety Net Initiative Ltd
12 days - Industry AVG
Creditor Days
its suppliers are paid after 56 days, this is slower than average (35 days)
- The Safety Net Initiative Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The Safety Net Initiative Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - The Safety Net Initiative Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (20.8%)
100% - The Safety Net Initiative Ltd
20.8% - Industry AVG
THE SAFETY NET INITIATIVE LTD financials
The Safety Net Initiative Ltd's latest turnover from September 2023 is estimated at £11 thousand and the company has net assets of 0. According to their latest financial statements, we estimate that The Safety Net Initiative Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | |
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| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | ||||||||||||
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| Total Fixed Assets | ||||||||||||
| Stock & work in progress | ||||||||||||
| Trade Debtors | 1,196 | 1,196 | 1,196 | 1,622 | 2,396 | |||||||
| Group Debtors | ||||||||||||
| Misc Debtors | ||||||||||||
| Cash | 1,196 | 1,276 | 2,517 | 2,437 | 2,717 | 1,248 | 1,473 | |||||
| misc current assets | ||||||||||||
| total current assets | 1,196 | 1,196 | 1,196 | 1,196 | 1,276 | 1,622 | 2,396 | 2,517 | 2,437 | 2,717 | 1,248 | 1,473 |
| total assets | 1,196 | 1,196 | 1,196 | 1,196 | 1,276 | 1,622 | 2,396 | 2,517 | 2,437 | 2,717 | 1,248 | 1,473 |
| Bank overdraft | ||||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 956 | 956 | 956 | 1,382 | 2,026 | 2,517 | 2,437 | 2,717 | 1,248 | 1,473 | ||
| Group/Directors Accounts | ||||||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 1,196 | 1,276 | ||||||||||
| total current liabilities | 956 | 956 | 956 | 1,196 | 1,276 | 1,382 | 2,026 | 2,517 | 2,437 | 2,717 | 1,248 | 1,473 |
| loans | ||||||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | 240 | 240 | 240 | 240 | ||||||||
| other liabilities | 370 | |||||||||||
| provisions | ||||||||||||
| total long term liabilities | 240 | 240 | 240 | 240 | 370 | |||||||
| total liabilities | 1,196 | 1,196 | 1,196 | 1,196 | 1,276 | 1,622 | 2,396 | 2,517 | 2,437 | 2,717 | 1,248 | 1,473 |
| net assets | ||||||||||||
| total shareholders funds |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | |
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| Operating Activities | ||||||||||||
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| Stock | ||||||||||||
| Debtors | 1,196 | -1,622 | -774 | 2,396 | ||||||||
| Creditors | 956 | -1,382 | -644 | -491 | 80 | -280 | 1,469 | -225 | 1,473 | |||
| Accruals and Deferred Income | -956 | -80 | 1,036 | 240 | ||||||||
| Deferred Taxes & Provisions | ||||||||||||
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
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| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | ||||||||||||
| Other Short Term Loans | ||||||||||||
| Long term loans | ||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | -370 | 370 | ||||||||||
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | -1,196 | -80 | 1,276 | -2,517 | 80 | -280 | 1,469 | -225 | 1,473 | |||
| overdraft | ||||||||||||
| change in cash | -1,196 | -80 | 1,276 | -2,517 | 80 | -280 | 1,469 | -225 | 1,473 |
the safety net initiative ltd Credit Report and Business Information
The Safety Net Initiative Ltd Competitor Analysis
Perform a competitor analysis for the safety net initiative ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in HA9 area or any other competitors across 12 key performance metrics.
the safety net initiative ltd Ownership
THE SAFETY NET INITIATIVE LTD group structure
The Safety Net Initiative Ltd has no subsidiary companies.
Ultimate parent company
THE SAFETY NET INITIATIVE LTD
07793143
the safety net initiative ltd directors
The Safety Net Initiative Ltd currently has 4 directors. The longest serving directors include Ms Sonia Davies (Sep 2011) and Mr Phillip Mayers (Sep 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Sonia Davies | United Kingdom | 66 years | Sep 2011 | - | Director |
| Mr Phillip Mayers | England | 62 years | Sep 2011 | - | Director |
| Ms Hilary Barrett | United Kingdom | 58 years | Sep 2011 | - | Director |
| Mr Simon Muhammad | United Kingdom | 61 years | Sep 2011 | - | Director |
P&L
September 2023turnover
11k
+8%
operating profit
0
0%
gross margin
43.8%
-7.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
0
0%
total assets
1.2k
0%
cash
0
0%
net assets
Total assets minus all liabilities
the safety net initiative ltd company details
company number
07793143
Type
Private Ltd By Guarantee w/o Share Cap
industry
94990 - Activities of other membership organisations n.e.c.
incorporation date
September 2011
age
14
incorporated
UK
ultimate parent company
accounts
Dormant
last accounts submitted
September 2023
previous names
N/A
accountant
GP ACCOUNTANCY AND TAXATION SOLUTIONS LTD
auditor
-
address
studio 30 building 56, east lane building park, wembley, middlesex, HA9 7RG
Bank
-
Legal Advisor
-
the safety net initiative ltd 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 did not find charges/mortgages relating to the safety net initiative ltd.
the safety net initiative ltd 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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the safety net initiative ltd Companies House Filings - See Documents
| date | description | view/download |
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