safe hands plans limited
safe hands plans limited Company Information
Company Number
08869875
Website
www.safehandsplans.co.ukRegistered Address
c/o frp advisory trading limited, 110 cannon street, london, EC4N 6EU
Industry
Funeral and related activities
Telephone
08009177099
Next Accounts Due
980 days late
Group Structure
View All
Shareholders
shp capital holdings limited 92%
david latham 4%
View Allsafe hands plans limited Estimated Valuation
Pomanda estimates the enterprise value of SAFE HANDS PLANS LIMITED at £2.2m based on a Turnover of £2.5m and 0.86x industry multiple (adjusted for size and gross margin).
safe hands plans limited Estimated Valuation
Pomanda estimates the enterprise value of SAFE HANDS PLANS LIMITED at £0 based on an EBITDA of £-3m and a 4.16x industry multiple (adjusted for size and gross margin).
safe hands plans limited Estimated Valuation
Pomanda estimates the enterprise value of SAFE HANDS PLANS LIMITED at £12.6k based on Net Assets of £5.1k and 2.48x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Safe Hands Plans Limited Overview
Safe Hands Plans Limited is a live company located in london, EC4N 6EU with a Companies House number of 08869875. It operates in the funeral and related activities sector, SIC Code 96030. Founded in January 2014, it's largest shareholder is shp capital holdings limited with a 92% stake. Safe Hands Plans Limited is a established, small sized company, Pomanda has estimated its turnover at £2.5m with declining growth in recent years.
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Safe Hands Plans Limited Health Check
Pomanda's financial health check has awarded Safe Hands Plans Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
5 Weak
Size
annual sales of £2.5m, make it in line with the average company (£2.4m)
- Safe Hands Plans Limited
£2.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -45%, show it is growing at a slower rate (3.8%)
- Safe Hands Plans Limited
3.8% - Industry AVG
Production
with a gross margin of 55.6%, this company has a comparable cost of product (55.6%)
- Safe Hands Plans Limited
55.6% - Industry AVG
Profitability
an operating margin of -118.1% make it less profitable than the average company (13.6%)
- Safe Hands Plans Limited
13.6% - Industry AVG
Employees
with 18 employees, this is similar to the industry average (19)
18 - Safe Hands Plans Limited
19 - Industry AVG
Pay Structure
on an average salary of £27.1k, the company has an equivalent pay structure (£27.1k)
- Safe Hands Plans Limited
£27.1k - Industry AVG
Efficiency
resulting in sales per employee of £140.1k, this is more efficient (£98.4k)
- Safe Hands Plans Limited
£98.4k - Industry AVG
Debtor Days
it gets paid by customers after 36 days, this is later than average (27 days)
- Safe Hands Plans Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 80 days, this is slower than average (25 days)
- Safe Hands Plans Limited
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Safe Hands Plans Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (31 weeks)
2 weeks - Safe Hands Plans Limited
31 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.8%, this is a higher level of debt than the average (53.4%)
99.8% - Safe Hands Plans Limited
53.4% - Industry AVG
SAFE HANDS PLANS LIMITED financials
Safe Hands Plans Limited's latest turnover from May 2020 is estimated at £2.5 million and the company has net assets of £5.1 thousand. According to their latest financial statements, Safe Hands Plans Limited has 18 employees and maintains cash reserves of £83.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2020 | May 2019 | May 2018 | May 2017 | Jan 2016 | Jan 2015 | |
|---|---|---|---|---|---|---|
| Turnover | 7,044,658 | 15,197,200 | 0 | |||
| Other Income Or Grants | 0 | 0 | 0 | |||
| Cost Of Sales | 3,793,928 | 10,602,218 | 0 | |||
| Gross Profit | 3,250,730 | 4,594,982 | 0 | |||
| Admin Expenses | -207,620 | 2,222,538 | 0 | |||
| Operating Profit | 3,458,350 | 2,372,444 | 0 | |||
| Interest Payable | 0 | 0 | 0 | |||
| Interest Receivable | 0 | 0 | 0 | |||
| Pre-Tax Profit | 3,458,350 | 3,541,375 | 0 | |||
| Tax | -693,480 | -708,243 | 0 | |||
| Profit After Tax | 2,764,870 | 2,833,132 | 0 | |||
| Dividends Paid | 2,000,000 | 1,133,774 | 0 | |||
| Retained Profit | 764,870 | 1,699,358 | 0 | |||
| Employee Costs | 0 | |||||
| Number Of Employees | 18 | 18 | 18 | 34 | 1 | |
| EBITDA* | 3,474,313 | 2,389,265 | 0 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2020 | May 2019 | May 2018 | May 2017 | Jan 2016 | Jan 2015 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 31,015 | 51,445 | 61,196 | 76,632 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 31,015 | 51,445 | 61,196 | 76,632 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 249,836 | 281,268 | 158,757 | 0 | 0 | 0 |
| Group Debtors | 282,494 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,708,560 | 3,845,918 | 3,743,074 | 4,033,447 | 100 | 0 |
| Cash | 83,144 | 400,220 | 376,544 | 640,502 | 0 | 491,441 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,324,034 | 4,527,406 | 4,278,375 | 4,673,949 | 100 | 491,441 |
| total assets | 2,355,049 | 4,578,851 | 4,339,571 | 4,750,581 | 100 | 491,441 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 246,780 | 378,194 | 386,169 | 43,000 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,538,083 | 1,196,923 | 1,485,508 | 2,992,723 | 0 | 491,441 |
| total current liabilities | 1,784,863 | 1,575,117 | 1,871,677 | 3,035,723 | 0 | 491,441 |
| loans | 559,205 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 5,893 | 2,239 | 3,466 | 15,300 | 0 | 0 |
| total long term liabilities | 565,098 | 2,239 | 3,466 | 15,300 | 0 | 0 |
| total liabilities | 2,349,961 | 1,577,356 | 1,875,143 | 3,051,023 | 0 | 491,441 |
| net assets | 5,088 | 3,001,495 | 2,464,428 | 1,699,558 | 100 | 0 |
| total shareholders funds | 5,088 | 3,001,495 | 2,464,428 | 1,699,558 | 100 | 0 |
| May 2020 | May 2019 | May 2018 | May 2017 | Jan 2016 | Jan 2015 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | 3,458,350 | 2,372,444 | 0 | |||
| Depreciation | 1,650 | 16,973 | 15,963 | 16,821 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -693,480 | -708,243 | 0 | |||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,886,296 | 225,355 | -131,616 | 4,033,347 | 100 | 0 |
| Creditors | -131,414 | -7,975 | 343,169 | 43,000 | 0 | 0 |
| Accruals and Deferred Income | 341,160 | -288,585 | -1,507,215 | 2,992,723 | -491,441 | 491,441 |
| Deferred Taxes & Provisions | 3,654 | -1,227 | -11,834 | 15,300 | 0 | 0 |
| Cash flow from operations | 1,736,569 | 698,698 | -491,541 | |||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 559,205 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | 0 | 0 | 0 | |||
| cash flow from financing | 0 | 100 | 100 | |||
| cash and cash equivalents | ||||||
| cash | -317,076 | 23,676 | -263,958 | 640,502 | -491,441 | 491,441 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -317,076 | 23,676 | -263,958 | 640,502 | -491,441 | 491,441 |
safe hands plans limited Credit Report and Business Information
Safe Hands Plans Limited Competitor Analysis
Perform a competitor analysis for safe hands plans limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in EC4N area or any other competitors across 12 key performance metrics.
safe hands plans limited Ownership
SAFE HANDS PLANS LIMITED group structure
Safe Hands Plans Limited has 1 subsidiary company.
Ultimate parent company
1 parent
SAFE HANDS PLANS LIMITED
08869875
1 subsidiary
safe hands plans limited directors
Safe Hands Plans Limited currently has 4 directors. The longest serving directors include Mr Duncan Webster (Feb 2022) and Miss Louisa Klouda (Mar 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Duncan Webster | United Kingdom | 44 years | Feb 2022 | - | Director |
| Miss Louisa Klouda | England | 30 years | Mar 2022 | - | Director |
| Mr Richard Wells | England | 38 years | Mar 2022 | - | Director |
| Miss Louisa Klouda | England | 30 years | Mar 2022 | - | Director |
P&L
May 2020turnover
2.5m
-18%
operating profit
-3m
0%
gross margin
55.6%
+4.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2020net assets
5.1k
-1%
total assets
2.4m
-0.49%
cash
83.1k
-0.79%
net assets
Total assets minus all liabilities
safe hands plans limited company details
company number
08869875
Type
Private limited with Share Capital
industry
96030 - Funeral and related activities
incorporation date
January 2014
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2020
previous names
N/A
accountant
CHARNWOOD ACCOUNTANTS & BUSINESS ADVISORS LLP
auditor
-
address
c/o frp advisory trading limited, 110 cannon street, london, EC4N 6EU
Bank
-
Legal Advisor
-
safe hands plans 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 3 charges/mortgages relating to safe hands plans limited. Currently there are 2 open charges and 1 have been satisfied in the past.
safe hands plans limited Companies House Filings - See Documents
| date | description | view/download |
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