Safehinge Primera Limited

POWER SEARCH PRICING

SOLUTIONS

safehinge primera limited Company Information

Company Number

SC304496

Next Accounts

Sep 2025

Directors

Philip Ross

Martin Izod

View All

Shareholders

safehinge group ltd

Group Structure

View All

Industry

Manufacture of locks and hinges

Registered Address

44 speirs wharf, glasgow, G4 9TH

Website

http://www.primeralife.co.uk

safehinge primera limited Estimated Valuation

£12m

Pomanda estimates the enterprise value of SAFEHINGE PRIMERA LIMITED at £12m based on a Turnover of £15m and 0.8x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Safehinge Primera Limited is a live company located in glasgow, G4 9TH with a Companies House number of SC304496. It operates in the manufacture of locks and hinges sector, SIC Code 25720. Founded in June 2006, it's largest shareholder is safehinge group ltd with a 100% stake. Safehinge Primera Limited is a established, mid sized company, Pomanda has estimated its turnover at £15m with rapid growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Safehinge Primera Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs

Health Rating4out of 5

3 Strong

6 Regular

3 Weak

Size

annual sales of £15m, make it in line with the average company (£13.5m)

Growth

3 year (CAGR) sales growth of 68%, show it is growing at a faster rate (5.9%)

EXPORT

Safehinge Primera Limited's latest turnover from December 2023 is £15 million and the company has net assets of £6.5 million. According to their latest financial statements, Safehinge Primera Limited has 66 employees and maintains cash reserves of £2.5 million as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Dec 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Turnover	15,039,333	7,848,596	6,431,728	3,150,062	3,457,210	2,595,552	1,396,306	1,512,055	1,928,415	1,579,427	1,356,351	1,383,612	797,762	689,029
Other Income Or Grants
Cost Of Sales	6,946,924	5,232,926	4,257,304	2,085,727	2,334,671	1,754,766	916,807	1,018,947	1,353,259	1,119,524	914,873	932,897	540,003	466,402
Gross Profit	8,092,409	2,615,670	2,174,424	1,064,335	1,122,540	840,786	479,499	493,109	575,156	459,902	441,479	450,715	257,759	222,627
Admin Expenses	7,746,322	1,372,469	1,347,803	624,633	474,033	575,194	122,018	324,842	375,767	419,523	402,425	336,600	251,032	327,676
Operating Profit	346,087	1,243,201	826,621	439,702	648,507	265,592	357,481	168,267	199,389	40,379	39,054	114,115	6,727	-105,049
Interest Payable				317	758	982	1,562	1,035
Interest Receivable	61,233	9,413	555	389	1,454	639	381	778	673	442	197	112	164	110
Pre-Tax Profit	407,320	1,252,614	827,175	439,774	649,204	265,249	356,301	168,010	200,061	40,822	39,251	114,228	6,891	-104,939
Tax	-425,096	-237,997	-157,163	-83,557	-123,349	-50,397	-67,697	-33,602	-40,012	-8,573	-9,028	-27,415	-1,792
Profit After Tax	-17,776	1,014,617	670,012	356,217	525,855	214,852	288,604	134,408	160,049	32,249	30,223	86,813	5,099	-104,939
Dividends Paid
Retained Profit	-17,776	1,014,617	670,012	356,217	525,855	214,852	288,604	134,408	160,049	32,249	30,223	86,813	5,099	-104,939
Employee Costs	5,569,606	1,381,840	886,113	925,753	758,817	535,974	324,657	343,080	382,310	369,349	292,439	306,833	222,831	216,618
Number Of Employees	66	38	29	29	22	17	11	11	13	12	10	11	8	8
EBITDA*	1,371,829	1,535,468	1,010,816	583,757	760,458	352,235	416,377	218,511	246,453	81,599	91,668	156,948	37,479	-83,213

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Tangible Assets	316,891	162,147	103,134	79,336	54,155	43,977	4,043	1,106	4,801	6,402	7,303	17,115	3,444	1,497
Intangible Assets	3,359,016	1,648,003	1,033,252	863,700	699,235	512,225	308,494	221,954	174,975	83,572	116,563	95,561	92,573	80,844
Investments & Other	3,087,007
Debtors (Due After 1 year)
Total Fixed Assets	6,762,914	1,810,150	1,136,386	943,036	753,390	556,202	312,537	223,060	179,776	89,974	123,866	112,676	96,017	82,341
Stock & work in progress	742,052	345,875	168,105	116,819	75,335	44,033	53,513	10,300	3,000	2,500	8,100	500	1,065	815
Trade Debtors	1,783,374	1,657,065	1,953,999	687,518	828,203	550,138	293,142	323,254	367,147	273,752	198,001	247,799	118,896	115,789
Group Debtors	798,837	204,000	79,041	151,741	275,477	143,961	262,248
Misc Debtors	501,738	249,265	109,613	67,702	47,322	77,108	46,667	5,552
Cash	2,454,173	902,074	604,002	505,510	273,212	114,528	141,184	163,983	147,155	121,891	55,101	23,649	21,308	44,159
misc current assets
total current assets	6,280,174	3,358,279	2,914,760	1,529,290	1,499,549	929,768	796,754	503,089	517,302	398,143	261,202	271,948	141,269	160,763
total assets	13,043,088	5,168,429	4,051,146	2,472,326	2,252,939	1,485,970	1,109,291	726,149	697,078	488,117	385,068	384,624	237,286	243,104
Bank overdraft
Bank loan						5,833	10,000	10,000
Trade Creditors	899,323	668,091	627,655	172,405	367,626	333,232	207,986	222,577	424,356	354,629	311,644	296,561	177,794	149,324
Group/Directors Accounts	3,719,866	232,073	51,520	23,369	892	1,293	89,698	1,072
other short term finances					10,387	6,232	2,303	5,999
hp & lease commitments
other current liabilities	1,187,593	519,871	717,482	338,782	345,789	186,618	88,238	79,195
total current liabilities	5,806,782	1,420,035	1,396,657	534,556	724,694	533,208	398,225	318,843	424,356	354,629	311,644	296,561	177,794	149,324
loans							5,833	15,833
hp & lease commitments
Accruals and Deferred Income
other liabilities									28,788	46,688	20,117	64,979	123,221	182,608
provisions	736,905	318,224	238,936	192,229	138,921	89,293	56,616	31,460	18,329	1,244
total long term liabilities	736,905	318,224	238,936	192,229	138,921	89,293	62,449	47,293	47,117	47,932	20,117	64,979	123,221	182,608
total liabilities	6,543,687	1,738,259	1,635,593	726,785	863,615	622,501	460,674	366,136	471,473	402,561	331,761	361,540	301,015	331,932
net assets	6,499,401	3,430,170	2,415,553	1,745,541	1,389,324	863,469	648,617	360,013	225,605	85,556	53,307	23,084	-63,729	-88,828
total shareholders funds	6,499,401	3,430,170	2,415,553	1,745,541	1,389,324	863,469	648,617	360,013	225,605	85,556	53,307	23,084	-63,729	-88,828

	Dec 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Operating Activities
Operating Profit	346,087	1,243,201	826,621	439,702	648,507	265,592	357,481	168,267	199,389	40,379	39,054	114,115	6,727	-105,049
Depreciation	169,376	43,919	27,968	20,858	14,767	13,630	1,867	3,695	1,601	2,134	2,434	5,705	1,148	499
Amortisation	856,366	248,348	156,227	123,197	97,184	73,013	57,029	46,549	45,463	39,086	50,180	37,128	29,604	21,337
Tax	-425,096	-237,997	-157,163	-83,557	-123,349	-50,397	-67,697	-33,602	-40,012	-8,573	-9,028	-27,415	-1,792
Stock	396,177	177,770	51,286	41,484	31,302	-9,480	43,213	7,300	500	-5,600	7,600	-565	250	815
Debtors	973,619	-32,323	1,235,692	-244,041	379,795	169,150	273,251	-38,341	93,395	75,751	-49,798	128,903	3,107	115,789
Creditors	231,232	40,436	455,250	-195,221	34,394	125,246	-14,591	-201,779	69,727	42,985	15,083	118,767	28,470	149,324
Accruals and Deferred Income	667,722	-197,611	378,700	-7,007	159,171	98,380	9,043	79,195
Deferred Taxes & Provisions	418,681	79,288	46,707	53,308	49,628	32,677	25,156	13,131	17,085	1,244
Cash flow from operations	894,572	1,074,137	447,332	553,837	469,205	398,471	51,824	106,497	199,358	47,104	139,921	119,962	60,800	-50,493
Investing Activities
capital expenditure	-2,891,499	-966,031	-377,545	-333,701	-309,139	-330,308	-148,373	-93,528	-136,866	-7,328	-63,804	-59,492	-44,428	-104,177
Change in Investments	3,087,007
cash flow from investments	-5,978,506	-966,031	-377,545	-333,701	-309,139	-330,308	-148,373	-93,528	-136,866	-7,328	-63,804	-59,492	-44,428	-104,177
Financing Activities
Bank loans					-5,833	-4,167		10,000
Group/Directors Accounts	3,487,793	180,553	28,151	22,477	-401	-88,405	88,626	1,072
Other Short Term Loans				-10,387	4,155	3,929	-3,696	5,999
Long term loans						-5,833	-10,000	15,833
Hire Purchase and Lease Commitments
other long term liabilities								-28,788	-17,900	26,571	-44,862	-58,242	-59,387	182,608
share issue	3,087,007								-20,000				20,000	16,111
interest	61,233	9,413	555	72	696	-343	-1,181	-257	673	442	197	112	164	110
cash flow from financing	6,636,033	189,966	28,706	12,162	-1,383	-94,819	73,749	3,859	-37,227	27,013	-44,665	-58,130	-39,223	198,829
cash and cash equivalents
cash	1,552,099	298,072	98,492	232,298	158,684	-26,656	-22,799	16,828	25,264	66,790	31,452	2,341	-22,851	44,159
overdraft
change in cash	1,552,099	298,072	98,492	232,298	158,684	-26,656	-22,799	16,828	25,264	66,790	31,452	2,341	-22,851	44,159

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for safehinge primera limited. Get real-time insights into safehinge primera limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for safehinge primera limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in G 4 area or any other competitors across 12 key performance metrics.

SAFEHINGE PRIMERA LIMITED group structure

Safehinge Primera Limited has no subsidiary companies.

Ultimate parent company

SAFEHINGE GROUP LIMITED

SC547832

1 parent

SAFEHINGE PRIMERA LIMITED

SC304496

SAFEHINGE PRIMERA LIMITED Shareholders

safehinge group ltd

100%

Safehinge Primera Limited currently has 6 directors. The longest serving directors include Mr Philip Ross (Jun 2006) and Mr Martin Izod (Jun 2007).

officer	country	age	start	end	role
Mr Philip Ross	England	41 years	Jun 2006	-	Director
Mr Martin Izod	Scotland	42 years	Jun 2007	-	Director
Mr Martin Izod	Scotland	42 years	Jun 2007	-	Director
Ms Victoria MacLeod	Scotland	53 years	Sep 2021	-	Director
Mr Holger Pertz	Scotland	59 years	Apr 2024	-	Director
Mrs Beatrice Fraenkel		80 years	Apr 2024	-	Director

P&L

December 2023

turnover

15m

operating profit

346.1k

gross margin

53.9%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

6.5m

+0.89%

total assets

13m

+1.52%

cash

2.5m

+1.72%

net assets

Total assets minus all liabilities

Similar Companies

a.l.m. products limited

locking & security solutions limited

2.5

simonswerk uk limited

3.5

brisant secure ltd

protex fasteners limited

company number

SC304496

Type

Private limited with Share Capital

industry

25720 - Manufacture of locks and hinges

incorporation date

June 2006

ultimate parent company

SAFEHINGE GROUP LIMITED

previous names

safehinge limited (January 2023)

address

44 speirs wharf, glasgow, G4 9TH

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 2 charges/mortgages relating to safehinge primera limited. Currently there are 0 open charges and 2 have been satisfied in the past.

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 SAFEHINGE PRIMERA LIMITED. This can take several minutes, an email will notify you when this has completed.

safehinge primera limited Company Information

safehinge primera limited Estimated Valuation

safehinge primera limited Estimated Valuation

safehinge primera limited Estimated Valuation

Safehinge Primera Limited Overview

Safehinge Primera Limited Health Check

SAFEHINGE PRIMERA LIMITED financials

safehinge primera limited Credit Report and Business Information

Safehinge Primera Limited Competitor Analysis

safehinge primera limited Ownership

safehinge primera limited directors

safehinge primera limited company details

safehinge primera limited Charges & Mortgages

safehinge primera limited Capital Raised & Share Issues BETA

safehinge primera limited Companies House Filings - See Documents