Safety First Lifting Gear Services Limited
Registered name: SAFETY FIRST LIFTING GEAR SERVICES LIMITED
Safety First Lifting Gear Services Limited made £673k revenue and £103k profit in the year to 28 Feb 2026.
Safety First Lifting Gear Services Limited’s revenue grew 13% to £673k in the year to 28 Feb 2026, with £103k profit and 4 employees. The company is classified under “agents involved in the sale of machinery, industrial equipment, ships and aircraft” and is based in Newport; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Newport, Wales
- Age
- 21 yrs · since 2005
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2023 | 29 Feb 2024 | 28 Feb 2025 | 28 Feb 2026 |
|---|---|---|---|---|
| Disclosure | Profit only | Profit only | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £597k | £673k |
| Cost of sales | — | — | £341k | £386k |
| Gross profit | — | — | £256k | £287k |
| Operating profit | — | — | £101k | £130k |
| Profit before tax | £72.9k | £105k | £100k | £130k |
| Profit after tax | — | — | £78.7k | £103k |
| Profit (best available) | £72.9k | £105k | £78.7k | £103k |
| Employees (average) | 5 | 5 | 4 | 4 |
| Ratios | ||||
| Profit margin | — | — | 13.2% | 15.3% |
| Gross margin | — | — | 42.9% | 42.6% |
| Revenue per employee | — | — | £149k | £168k |
| Profit per employee | £14.6k | £21k | £19.7k | £25.8k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▲12.8% |
| Profit growth | — | ▲44.2% | ▼25.1% | ▲30.9% |
| Headcount growth | — | 0% | ▼20% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £253k | £229k | £93.6k | £145k |
| Net assets | £253k | £253k | £250k | £248k |
| Fixed assets | £30.4k | £36k | £48.3k | £68.7k |
| Current assets | £338k | £320k | £295k | £273k |
| Debtors | £69k | £75.2k | £167k | £105k |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 15.3%
- Profit ÷ revenue.
- Gross margin
- 42.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £168k
- Revenue ÷ average employees.
- Profit per employee
- £25.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 10.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 15.6%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼1%
- Now £248k
- Cash at bank
- ▲55%
- Now £145k
- Headcount
- 0%
- Now 4
- Deferred income
- —
- Now —
- Fixed assets
- ▲42%
- Now £68.7k
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Sources
Latest figures from FullAccounts for the year to 28 Feb 2026 (profit £103k), from the Companies House accounts bulk data published Jun 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.