safenet solutions limited
safenet solutions limited Company Information
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
82 oswald road, scunthorpe, north lincolnshire, DN15 7PA
Website
www.safenetsol.comsafenet solutions limited Estimated Valuation
Pomanda estimates the enterprise value of SAFENET SOLUTIONS LIMITED at £43.1k based on a Turnover of £109.7k and 0.39x industry multiple (adjusted for size and gross margin).
safenet solutions limited Estimated Valuation
Pomanda estimates the enterprise value of SAFENET SOLUTIONS LIMITED at £0 based on an EBITDA of £-27.8k and a 2.87x industry multiple (adjusted for size and gross margin).
safenet solutions limited Estimated Valuation
Pomanda estimates the enterprise value of SAFENET SOLUTIONS LIMITED at £52.8k based on Net Assets of £24.7k and 2.13x industry multiple (adjusted for liquidity).
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Safenet Solutions Limited Overview
Safenet Solutions Limited is a live company located in north lincolnshire, DN15 7PA with a Companies House number of 10391321. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in September 2016, it's largest shareholder is janette draper with a 100% stake. Safenet Solutions Limited is a young, micro sized company, Pomanda has estimated its turnover at £109.7k with healthy growth in recent years.
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Safenet Solutions Limited Health Check
Pomanda's financial health check has awarded Safenet Solutions Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £109.7k, make it smaller than the average company (£4.6m)
- Safenet Solutions Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (9.5%)
- Safenet Solutions Limited
9.5% - Industry AVG
Production
with a gross margin of 17.1%, this company has a higher cost of product (38.2%)
- Safenet Solutions Limited
38.2% - Industry AVG
Profitability
an operating margin of -25.3% make it less profitable than the average company (5.6%)
- Safenet Solutions Limited
5.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (26)
1 - Safenet Solutions Limited
26 - Industry AVG
Pay Structure
on an average salary of £52.3k, the company has an equivalent pay structure (£52.3k)
- Safenet Solutions Limited
£52.3k - Industry AVG
Efficiency
resulting in sales per employee of £109.7k, this is less efficient (£165k)
- Safenet Solutions Limited
£165k - Industry AVG
Debtor Days
it gets paid by customers after 122 days, this is later than average (38 days)
- Safenet Solutions Limited
38 days - Industry AVG
Creditor Days
its suppliers are paid after 59 days, this is slower than average (31 days)
- Safenet Solutions Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Safenet Solutions Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Safenet Solutions Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 37.6%, this is a lower level of debt than the average (60%)
37.6% - Safenet Solutions Limited
60% - Industry AVG
SAFENET SOLUTIONS LIMITED financials
Safenet Solutions Limited's latest turnover from September 2024 is estimated at £109.7 thousand and the company has net assets of £24.7 thousand. According to their latest financial statements, Safenet Solutions Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | ||||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | ||||||||
| Tax | ||||||||
| Profit After Tax | ||||||||
| Dividends Paid | ||||||||
| Retained Profit | ||||||||
| Employee Costs | ||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,836 | 816 | 85 | 1,172 | 1,621 | 3,129 | 7,058 | 2,245 |
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 2,836 | 816 | 85 | 1,172 | 1,621 | 3,129 | 7,058 | 2,245 |
| Stock & work in progress | ||||||||
| Trade Debtors | 36,811 | 59,732 | 32,948 | 39,595 | 42,169 | 67,461 | 66,421 | 33,797 |
| Group Debtors | ||||||||
| Misc Debtors | ||||||||
| Cash | ||||||||
| misc current assets | ||||||||
| total current assets | 36,811 | 59,732 | 32,948 | 39,595 | 42,169 | 67,461 | 66,421 | 33,797 |
| total assets | 39,647 | 60,548 | 33,033 | 40,767 | 43,790 | 70,590 | 73,479 | 36,042 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 14,913 | 8,046 | 2,356 | 3,412 | 2,208 | 28,035 | 32,200 | 16,399 |
| Group/Directors Accounts | ||||||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | ||||||||
| total current liabilities | 14,913 | 8,046 | 2,356 | 3,412 | 2,208 | 28,035 | 32,200 | 16,399 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | ||||||||
| total long term liabilities | ||||||||
| total liabilities | 14,913 | 8,046 | 2,356 | 3,412 | 2,208 | 28,035 | 32,200 | 16,399 |
| net assets | 24,734 | 52,502 | 30,677 | 37,355 | 41,582 | 42,555 | 41,279 | 19,643 |
| total shareholders funds | 24,734 | 52,502 | 30,677 | 37,355 | 41,582 | 42,555 | 41,279 | 19,643 |
| Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | ||||||||
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | -22,921 | 26,784 | -6,647 | -2,574 | -25,292 | 1,040 | 32,624 | 33,797 |
| Creditors | 6,867 | 5,690 | -1,056 | 1,204 | -25,827 | -4,165 | 15,801 | 16,399 |
| Accruals and Deferred Income | ||||||||
| Deferred Taxes & Provisions | ||||||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| 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 | ||||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | ||||||||
| overdraft | ||||||||
| change in cash |
safenet solutions limited Credit Report and Business Information
Safenet Solutions Limited Competitor Analysis
Perform a competitor analysis for safenet solutions limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in DN15 area or any other competitors across 12 key performance metrics.
safenet solutions limited Ownership
SAFENET SOLUTIONS LIMITED group structure
Safenet Solutions Limited has no subsidiary companies.
Ultimate parent company
SAFENET SOLUTIONS LIMITED
10391321
safenet solutions limited directors
Safenet Solutions Limited currently has 1 director, Miss Janette Draper serving since Apr 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Janette Draper | United Kingdom | 58 years | Apr 2018 | - | Director |
P&L
September 2024turnover
109.7k
-21%
operating profit
-27.8k
0%
gross margin
17.1%
-2.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2024net assets
24.7k
-0.53%
total assets
39.6k
-0.35%
cash
0
0%
net assets
Total assets minus all liabilities
safenet solutions limited company details
company number
10391321
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
September 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2024
previous names
N/A
accountant
ANDREW THOMPSON ACCOUNTANCY LIMITED
auditor
-
address
82 oswald road, scunthorpe, north lincolnshire, DN15 7PA
Bank
-
Legal Advisor
-
safenet solutions 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 did not find charges/mortgages relating to safenet solutions limited.
safenet solutions 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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safenet solutions limited Companies House Filings - See Documents
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