Safer Systems LimitedDissolved
Registered name: SAFER SYSTEMS LIMITED
Safer Systems Limited made £10.8k revenue and £518 profit in the year to 28 Feb 2023.
Safer Systems Limited’s revenue fell 24% to £10.8k in the year to 28 Feb 2023, with £518 profit and 1 employee. We hold 2 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2022 | 28 Feb 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £14.3k | £10.8k |
| Profit after tax | £1.3k | £518 |
| Profit (best available) | £1.3k | £518 |
| Staff costs | £9.8k | £9.5k |
| Employees (average) | — | 1 |
| Ratios | ||
| Profit margin | 8.8% | 4.8% |
| Revenue per employee | — | £10.8k |
| Profit per employee | — | £518 |
| Growth (year on year) | ||
| Revenue growth | — | ▼24.1% |
| Profit growth | — | ▼58.8% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | £2.6k | £1.6k |
| Fixed assets | £1.5k | £1k |
| Current assets | £1k | £500 |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 |
How the business works
- Profit margin
- 4.8%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £10.8k
- Revenue ÷ average employees.
- Profit per employee
- £518
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 9.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▼38%
- Now £1.6k
- Cash at bank
- —
- Now —
- Headcount
- —
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▼33%
- Now £1k
Sources
Latest figures from FullAccounts for the year to 28 Feb 2023 (profit £518), from the Companies House accounts bulk data published Dec 2023. 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.