safes international (scotland) limited
safes international (scotland) limited Company Information
Company Number
SC212448
Next Accounts
Jul 2025
Shareholders
associated security services holdings limited
Group Structure
View All
Industry
Security systems service activities
Registered Address
reliance house, 228-236 nuneaton street, glasgow, G40 3DX
Website
www.safesinternational.comsafes international (scotland) limited Estimated Valuation
Pomanda estimates the enterprise value of SAFES INTERNATIONAL (SCOTLAND) LIMITED at £287.1k based on a Turnover of £658k and 0.44x industry multiple (adjusted for size and gross margin).
safes international (scotland) limited Estimated Valuation
Pomanda estimates the enterprise value of SAFES INTERNATIONAL (SCOTLAND) LIMITED at £0 based on an EBITDA of £0 and a 3.62x industry multiple (adjusted for size and gross margin).
safes international (scotland) limited Estimated Valuation
Pomanda estimates the enterprise value of SAFES INTERNATIONAL (SCOTLAND) LIMITED at £364.2k based on Net Assets of £167.9k and 2.17x industry multiple (adjusted for liquidity).
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Safes International (scotland) Limited Overview
Safes International (scotland) Limited is a live company located in glasgow, G40 3DX with a Companies House number of SC212448. It operates in the security systems service activities sector, SIC Code 80200. Founded in October 2000, it's largest shareholder is associated security services holdings limited with a 100% stake. Safes International (scotland) Limited is a mature, small sized company, Pomanda has estimated its turnover at £658k with healthy growth in recent years.
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Safes International (scotland) Limited Health Check
Pomanda's financial health check has awarded Safes International (Scotland) Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
5 Weak
Size
annual sales of £658k, make it smaller than the average company (£3m)
- Safes International (scotland) Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (7.5%)
- Safes International (scotland) Limited
7.5% - Industry AVG
Production
with a gross margin of 25%, this company has a higher cost of product (36.2%)
- Safes International (scotland) Limited
36.2% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Safes International (scotland) Limited
- - Industry AVG
Employees
with 4 employees, this is below the industry average (24)
- Safes International (scotland) Limited
24 - Industry AVG
Pay Structure
on an average salary of £39.6k, the company has an equivalent pay structure (£39.6k)
- Safes International (scotland) Limited
£39.6k - Industry AVG
Efficiency
resulting in sales per employee of £164.5k, this is more efficient (£105.7k)
- Safes International (scotland) Limited
£105.7k - Industry AVG
Debtor Days
it gets paid by customers after 93 days, this is later than average (64 days)
- Safes International (scotland) Limited
64 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Safes International (scotland) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Safes International (scotland) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Safes International (scotland) Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Safes International (scotland) Limited
- - Industry AVG
SAFES INTERNATIONAL (SCOTLAND) LIMITED financials
Safes International (Scotland) Limited's latest turnover from October 2023 is estimated at £658 thousand and the company has net assets of £167.9 thousand. According to their latest financial statements, we estimate that Safes International (Scotland) Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 556,610 | 642,360 | 553,494 | ||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 424,541 | 364,846 | 300,118 | ||||||||||||
| Gross Profit | 132,069 | 277,514 | 253,376 | ||||||||||||
| Admin Expenses | 146,045 | 254,994 | 207,607 | ||||||||||||
| Operating Profit | -13,976 | 22,520 | 45,769 | ||||||||||||
| Interest Payable | 1,620 | 14,948 | 13,027 | ||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | -15,596 | 7,572 | 31,509 | ||||||||||||
| Tax | 565 | -3,488 | -8,911 | ||||||||||||
| Profit After Tax | -15,031 | 4,084 | 22,598 | ||||||||||||
| Dividends Paid | 43,538 | ||||||||||||||
| Retained Profit | -15,031 | 4,084 | -20,940 | ||||||||||||
| Employee Costs | 85,696 | 51,886 | |||||||||||||
| Number Of Employees | 11 | 11 | 11 | 11 | 9 | 9 | |||||||||
| EBITDA* | -3,635 | 56,591 | 77,681 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 460,763 | 480,280 | 495,175 | 515,122 | 329,488 | 361,400 | 346,582 | 273,205 | 272,645 | 369,502 | 381,018 | ||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 1,233 | 1,870 | 659 | 1,216 | 5,206 | 3,891 | |||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 460,763 | 480,280 | 495,175 | 515,122 | 329,488 | 362,633 | 348,452 | 273,864 | 273,861 | 374,708 | 384,909 | ||||
| Stock & work in progress | 39,633 | 71,064 | 7,717 | 13,215 | 12,000 | 9,449 | 7,102 | 6,689 | 7,491 | 14,410 | 7,796 | ||||
| Trade Debtors | 167,915 | 167,915 | 167,915 | 463,189 | 325,748 | 274,628 | 259,983 | 84,483 | 167,493 | 125,881 | 108,124 | 134,246 | 130,640 | 213,007 | |
| Group Debtors | 167,915 | 4,074 | 1,194 | ||||||||||||
| Misc Debtors | 34,172 | 22,054 | 59,443 | 3,524 | 2,043 | 30,874 | |||||||||
| Cash | 15,490 | 44,920 | 7,850 | 17 | 13 | 73 | 212 | 1,526 | 124,525 | 6,747 | 15,672 | ||||
| misc current assets | |||||||||||||||
| total current assets | 167,915 | 167,915 | 167,915 | 167,915 | 556,558 | 464,980 | 349,638 | 276,739 | 98,539 | 177,015 | 133,195 | 116,339 | 297,136 | 151,797 | 236,475 |
| total assets | 167,915 | 167,915 | 167,915 | 167,915 | 1,017,321 | 945,260 | 844,813 | 791,861 | 428,027 | 539,648 | 481,647 | 390,203 | 570,997 | 526,505 | 621,384 |
| Bank overdraft | 16,906 | 16,130 | 15,196 | 47,315 | 46,336 | ||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 149,536 | 99,238 | 135,834 | 61,502 | 30,560 | 189,298 | 145,009 | 47,864 | 207,399 | 133,903 | 186,265 | ||||
| Group/Directors Accounts | 457,369 | 425,452 | 424,904 | 349,966 | 18,010 | 40,765 | |||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 134,446 | 174,029 | 45,903 | 75,637 | 85,001 | ||||||||||
| total current liabilities | 758,257 | 714,849 | 621,837 | 534,420 | 161,897 | 207,308 | 145,009 | 88,629 | 207,399 | 133,903 | 186,265 | ||||
| loans | 71,692 | 88,865 | 105,443 | 120,628 | 137,867 | 95,925 | 111,940 | 127,481 | 141,585 | 155,620 | 167,754 | ||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 1,000 | 5,002 | 9,004 | 14,601 | 100,308 | 90,574 | 55,930 | 46,380 | 44,219 | 72,182 | |||||
| provisions | 4,426 | 4,281 | 3,973 | 2,326 | 3,553 | 5,058 | 4,688 | 2,921 | 703 | 3,817 | 5,632 | ||||
| total long term liabilities | 76,118 | 94,146 | 114,418 | 131,958 | 156,021 | 201,291 | 207,202 | 186,332 | 188,668 | 203,656 | 245,568 | ||||
| total liabilities | 834,375 | 808,995 | 736,255 | 666,378 | 317,918 | 408,599 | 352,211 | 274,961 | 396,067 | 337,559 | 431,833 | ||||
| net assets | 167,915 | 167,915 | 167,915 | 167,915 | 182,946 | 136,265 | 108,558 | 125,483 | 110,109 | 131,049 | 129,436 | 115,242 | 174,930 | 188,946 | 189,551 |
| total shareholders funds | 167,915 | 167,915 | 167,915 | 167,915 | 182,946 | 136,265 | 108,558 | 125,483 | 110,109 | 131,049 | 129,436 | 115,242 | 174,930 | 188,946 | 189,551 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -13,976 | 22,520 | 45,769 | ||||||||||||
| Depreciation | 10,341 | 12,882 | 15,604 | 20,935 | 34,071 | 31,912 | 28,748 | 22,919 | 12,349 | 10,205 | 10,906 | 12,944 | |||
| Amortisation | |||||||||||||||
| Tax | 565 | -3,488 | -8,911 | ||||||||||||
| Stock | -39,633 | -31,431 | 63,347 | -5,498 | 1,215 | 2,551 | 2,347 | 413 | -802 | -6,919 | 6,614 | 7,796 | |||
| Debtors | -333,520 | 152,439 | 14,925 | 70,564 | 176,981 | -80,967 | 41,612 | 17,757 | -56,996 | 34,480 | -82,367 | 213,007 | |||
| Creditors | -149,536 | 50,298 | -36,596 | 74,332 | 30,942 | -158,738 | 44,289 | 97,145 | -159,535 | 73,496 | -52,362 | 186,265 | |||
| Accruals and Deferred Income | -134,446 | -39,583 | 128,126 | -29,734 | -9,364 | 85,001 | |||||||||
| Deferred Taxes & Provisions | -4,426 | 145 | 308 | 1,647 | -1,227 | -1,505 | 370 | 1,767 | 2,218 | -3,114 | -1,815 | 5,632 | |||
| Cash flow from operations | 81,675 | -104,742 | 71,944 | ||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -1,233 | -637 | 1,211 | -557 | -3,990 | 1,315 | 3,891 | ||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -457,369 | 31,917 | 548 | 74,938 | 349,966 | -18,010 | 18,010 | -40,765 | 40,765 | ||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -71,692 | -17,173 | -16,578 | -15,185 | -17,239 | 41,942 | -16,015 | -15,541 | -14,104 | -14,035 | -12,134 | 167,754 | |||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -1,000 | -4,002 | -4,002 | -5,597 | -85,707 | 9,734 | 34,644 | 9,550 | 2,161 | -27,963 | 72,182 | ||||
| share issue | |||||||||||||||
| interest | -1,620 | -14,948 | -13,027 | ||||||||||||
| cash flow from financing | -530,681 | 323,472 | -74,802 | ||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -15,490 | -29,430 | 37,070 | 7,833 | 4 | -60 | -139 | -1,314 | -122,999 | 117,778 | -8,925 | 15,672 | |||
| overdraft | -16,906 | 776 | 934 | -32,119 | 979 | 46,336 | |||||||||
| change in cash | 1,416 | -30,206 | 36,136 | 39,952 | -975 | -46,396 | -139 | -1,314 | -122,999 | 117,778 | -8,925 | 15,672 |
safes international (scotland) limited Credit Report and Business Information
Safes International (scotland) Limited Competitor Analysis
Perform a competitor analysis for safes international (scotland) limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in G40 area or any other competitors across 12 key performance metrics.
safes international (scotland) limited Ownership
SAFES INTERNATIONAL (SCOTLAND) LIMITED group structure
Safes International (Scotland) Limited has no subsidiary companies.
Ultimate parent company
1 parent
SAFES INTERNATIONAL (SCOTLAND) LIMITED
SC212448
safes international (scotland) limited directors
Safes International (Scotland) Limited currently has 2 directors. The longest serving directors include Mr Roy Turner (Nov 2015) and Mr Stephen Turner (Nov 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Roy Turner | United Kingdom | 63 years | Nov 2015 | - | Director |
| Mr Stephen Turner | United Kingdom | 61 years | Nov 2015 | - | Director |
P&L
October 2023turnover
658k
-3%
operating profit
0
0%
gross margin
25.1%
+10.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
167.9k
0%
total assets
167.9k
0%
cash
0
0%
net assets
Total assets minus all liabilities
safes international (scotland) limited company details
company number
SC212448
Type
Private limited with Share Capital
industry
80200 - Security systems service activities
incorporation date
October 2000
age
25
incorporated
UK
ultimate parent company
accounts
Dormant
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
reliance house, 228-236 nuneaton street, glasgow, G40 3DX
Bank
CLYDESDALE BANK
Legal Advisor
-
safes international (scotland) 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 4 charges/mortgages relating to safes international (scotland) limited. Currently there are 1 open charges and 3 have been satisfied in the past.
safes international (scotland) 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.
Click to start generating capital raising & share issue transactions for SAFES INTERNATIONAL (SCOTLAND) LIMITED. This can take several minutes, an email will notify you when this has completed.
safes international (scotland) limited Companies House Filings - See Documents
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