Safe Properties PB Limited
Registered name: SAFE PROPERTIES PB LIMITED
Part of Safe Recruit Holdings Limited groupSafe Properties PB Limited made £32.9m revenue and £1.1m profit in the year to 31 Dec 2025.
Safe Properties PB Limited’s revenue grew 20% to £32.9m in the year to 31 Dec 2025, with £1.1m profit and 48 employees. The company is classified under “activities of other holding companies” and is based in Potters Bar; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Potters Bar, East of England
- Age
- 7 yrs · since 2019
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Profit only | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £28.1m | £27.4m | £32.9m |
| Cost of sales | £26.8m | £22.6m | £22.1m | £25.5m |
| Gross profit | — | £5.5m | £5.3m | £7.4m |
| Operating profit | — | £2m | £1.6m | £2.9m |
| Profit before tax | — | £2.1m | £1.6m | £2.9m |
| Profit after tax | £842k | £1m | £1.8m | £1.1m |
| Profit (best available) | £842k | £1m | £1.8m | £1.1m |
| Staff costs | £2.1m | £1.9m | £2.1m | £2.5m |
| Employees (average) | 52 | 47 | 48 | 48 |
| Ratios | ||||
| Profit margin | — | 3.6% | 6.7% | 3.4% |
| Gross margin | — | 19.4% | 19.3% | 22.5% |
| Revenue per employee | — | £597k | £571k | £685k |
| Profit per employee | £16.2k | £21.3k | £38.3k | £23.3k |
| Cash conversion | — | 145.4% | 77.1% | 43% |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▼2.4% | ▲19.9% |
| Profit growth | — | ▲18.7% | ▲83.6% | ▼39% |
| Headcount growth | — | ▼9.6% | ▲2.1% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £110 | £632 | £38.6k | £1.6k |
| Net assets | £1.8m | £1.8m | £2.5m | £2.5m |
| Fixed assets | £3.2m | £2.7m | £1.2m | £2m |
| Current assets | £3.3k | £3.8k | £1.4m | £699k |
| Debtors | £8.8m | £8.2m | £9.8m | £13.2m |
| Cash from operations | −£250k | £3m | £1.3m | £1.3m |
| Source | Accounts · bulk data Sep 2024 | Accounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 3.4%
- Profit ÷ revenue.
- Gross margin
- 22.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £685k
- Revenue ÷ average employees.
- Profit per employee
- £23.3k
- Profit ÷ average employees.
- Cash conversion
- 43%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 6.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 40.2%
- 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
- ▼3%
- Now £2.5m
- Cash at bank
- ▼96%
- Now £1.6k
- Headcount
- 0%
- Now 48
- Deferred income
- —
- Now —
- Fixed assets
- ▲73%
- Now £2m
Group structure
Ownership chain
- Safe Recruit Holdings Limitedultimate parent75–100%
- Safe Properties PB Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Afe Recruitment LimitedFigures not disclosed
Sister companies (1)
- Sure Call Recruitment Services LtdRev. £32.9m · Profit £2.5m
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.1m), from the Companies House accounts bulk data published Sep 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.