creditsafe services limited
creditsafe services limited Company Information
Company Number
12297233
Next Accounts
Sep 2025
Industry
Other business support service activities n.e.c.
Shareholders
safe information group n.v.
Group Structure
View All
Contact
Registered Address
caspian point one, pierhead street, cardiff, CF10 4DQ
Website
creditsafeuk.comcreditsafe services limited Estimated Valuation
Pomanda estimates the enterprise value of CREDITSAFE SERVICES LIMITED at £80.7m based on a Turnover of £68.2m and 1.18x industry multiple (adjusted for size and gross margin).
creditsafe services limited Estimated Valuation
Pomanda estimates the enterprise value of CREDITSAFE SERVICES LIMITED at £268.9m based on an EBITDA of £30.9m and a 8.72x industry multiple (adjusted for size and gross margin).
creditsafe services limited Estimated Valuation
Pomanda estimates the enterprise value of CREDITSAFE SERVICES LIMITED at £645.1m based on Net Assets of £274.6m and 2.35x industry multiple (adjusted for liquidity).
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Creditsafe Services Limited Overview
Creditsafe Services Limited is a live company located in cardiff, CF10 4DQ with a Companies House number of 12297233. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in November 2019, it's largest shareholder is safe information group n.v. with a 100% stake. Creditsafe Services Limited is a young, large sized company, Pomanda has estimated its turnover at £68.2m with healthy growth in recent years.
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Creditsafe Services Limited Health Check
Pomanda's financial health check has awarded Creditsafe Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 1 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
1 Weak
Size
annual sales of £68.2m, make it larger than the average company (£4.7m)
£68.2m - Creditsafe Services Limited
£4.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (6.6%)
9% - Creditsafe Services Limited
6.6% - Industry AVG
Production
with a gross margin of 38.2%, this company has a comparable cost of product (38.2%)
38.2% - Creditsafe Services Limited
38.2% - Industry AVG
Profitability
an operating margin of 20.1% make it more profitable than the average company (5.7%)
20.1% - Creditsafe Services Limited
5.7% - Industry AVG
Employees
with 268 employees, this is above the industry average (26)
268 - Creditsafe Services Limited
26 - Industry AVG
Pay Structure
on an average salary of £60.2k, the company has an equivalent pay structure (£53.9k)
£60.2k - Creditsafe Services Limited
£53.9k - Industry AVG
Efficiency
resulting in sales per employee of £254.6k, this is more efficient (£170.7k)
£254.6k - Creditsafe Services Limited
£170.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Creditsafe Services Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is slower than average (31 days)
37 days - Creditsafe Services Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Creditsafe Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (22 weeks)
1 weeks - Creditsafe Services Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 13.8%, this is a lower level of debt than the average (62.3%)
13.8% - Creditsafe Services Limited
62.3% - Industry AVG
CREDITSAFE SERVICES LIMITED financials
Creditsafe Services Limited's latest turnover from December 2023 is £68.2 million and the company has net assets of £274.6 million. According to their latest financial statements, Creditsafe Services Limited has 268 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Turnover | 68,232,000 | 61,461,000 | 54,653,000 | 52,524,000 |
| Other Income Or Grants | ||||
| Cost Of Sales | ||||
| Gross Profit | ||||
| Admin Expenses | ||||
| Operating Profit | 13,700,000 | 6,510,000 | 10,284,000 | 11,026,000 |
| Interest Payable | 5,375,000 | 2,900,000 | 583,000 | 132,000 |
| Interest Receivable | 8,363,000 | 2,428,000 | 1,825,000 | 360,000 |
| Pre-Tax Profit | 16,688,000 | 6,039,000 | 11,526,000 | 11,254,000 |
| Tax | -4,190,000 | -2,501,000 | -1,548,000 | -1,462,000 |
| Profit After Tax | 12,498,000 | 3,538,000 | 9,978,000 | 9,792,000 |
| Dividends Paid | 23,000,000 | 0 | 0 | 0 |
| Retained Profit | -10,502,000 | 3,538,000 | 9,978,000 | 9,792,000 |
| Employee Costs | 16,140,000 | 16,100,000 | 13,187,000 | 11,093,000 |
| Number Of Employees | 268 | 248 | 233 | 200 |
| EBITDA* | 30,851,000 | 23,690,000 | 27,287,000 | 29,401,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Tangible Assets | 263,000 | 385,000 | 371,000 | 311,000 |
| Intangible Assets | 196,866,000 | 213,796,000 | 230,727,000 | 247,148,000 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 197,129,000 | 214,181,000 | 231,098,000 | 247,459,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 |
| Group Debtors | 116,403,000 | 116,418,000 | 100,860,000 | 60,935,000 |
| Misc Debtors | 3,569,000 | 2,732,000 | 4,011,000 | 3,090,000 |
| Cash | 1,580,000 | 1,297,000 | 184,000 | 652,000 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 121,552,000 | 120,447,000 | 105,055,000 | 64,677,000 |
| total assets | 318,681,000 | 334,628,000 | 336,153,000 | 312,136,000 |
| Bank overdraft | 0 | 0 | 247,000 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,376,000 | 4,590,000 | 3,615,000 | 2,852,000 |
| Group/Directors Accounts | 35,854,000 | 39,152,000 | 49,663,000 | 34,947,000 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 2,037,000 | 1,552,000 | 871,000 | 421,000 |
| total current liabilities | 42,267,000 | 45,294,000 | 54,396,000 | 38,220,000 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 |
| provisions | 1,798,000 | 1,384,000 | 1,017,000 | 333,000 |
| total long term liabilities | 1,798,000 | 1,384,000 | 1,017,000 | 333,000 |
| total liabilities | 44,065,000 | 46,678,000 | 55,413,000 | 38,553,000 |
| net assets | 274,616,000 | 287,950,000 | 280,740,000 | 273,583,000 |
| total shareholders funds | 274,616,000 | 287,950,000 | 280,740,000 | 273,583,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 13,700,000 | 6,510,000 | 10,284,000 | 11,026,000 |
| Depreciation | 221,000 | 249,000 | 141,000 | 72,000 |
| Amortisation | 16,930,000 | 16,931,000 | 16,862,000 | 18,303,000 |
| Tax | -4,190,000 | -2,501,000 | -1,548,000 | -1,462,000 |
| Stock | 0 | 0 | 0 | 0 |
| Debtors | 822,000 | 14,279,000 | 40,846,000 | 64,025,000 |
| Creditors | -214,000 | 975,000 | 763,000 | 2,852,000 |
| Accruals and Deferred Income | 485,000 | 681,000 | 450,000 | 421,000 |
| Deferred Taxes & Provisions | 414,000 | 367,000 | 684,000 | 333,000 |
| Cash flow from operations | 26,524,000 | 8,933,000 | -13,210,000 | -32,480,000 |
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -3,298,000 | -10,511,000 | 14,716,000 | 34,947,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 |
| share issue | ||||
| interest | 2,988,000 | -472,000 | 1,242,000 | 228,000 |
| cash flow from financing | -3,142,000 | -7,311,000 | 13,137,000 | 298,966,000 |
| cash and cash equivalents | ||||
| cash | 283,000 | 1,113,000 | -468,000 | 652,000 |
| overdraft | 0 | -247,000 | 247,000 | 0 |
| change in cash | 283,000 | 1,360,000 | -715,000 | 652,000 |
creditsafe services limited Credit Report and Business Information
Creditsafe Services Limited Competitor Analysis
Perform a competitor analysis for creditsafe services limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in CF10 area or any other competitors across 12 key performance metrics.
creditsafe services limited Ownership
CREDITSAFE SERVICES LIMITED group structure
Creditsafe Services Limited has no subsidiary companies.
Ultimate parent company
CREDITSAFE SERVICES LIMITED
12297233
creditsafe services limited directors
Creditsafe Services Limited currently has 2 directors. The longest serving directors include Ms Carys Hughes (Nov 2019) and Mr Cato Syversen (Nov 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Carys Hughes | Wales | 43 years | Nov 2019 | - | Director |
| Mr Cato Syversen | Wales | 59 years | Nov 2019 | - | Director |
P&L
December 2023turnover
68.2m
+11%
operating profit
13.7m
+110%
gross margin
38.3%
-0.55%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
274.6m
-0.05%
total assets
318.7m
-0.05%
cash
1.6m
+0.22%
net assets
Total assets minus all liabilities
creditsafe services limited company details
company number
12297233
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
November 2019
age
5
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
caspian point one, pierhead street, cardiff, CF10 4DQ
Bank
-
Legal Advisor
-
creditsafe services 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 1 charges/mortgages relating to creditsafe services limited. Currently there are 1 open charges and 0 have been satisfied in the past.
creditsafe services 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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creditsafe services limited Companies House Filings - See Documents
| date | description | view/download |
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