SAFT LIMITED

• ⚠

  Confirmation statement overdue

  Due 2026-03-11.

1. SAFT LIMITED 2001-03-08 → present
2. HAWKER ETERNACELL LIMITED 1997-02-07 → 2001-03-08
3. CROMPTON ETERNACELL LIMITED 1989-12-18 → 1997-02-07
4. CROMPTON VIDOR LIMITED 1985-08-30 → 1989-12-18
5. CROMPTON PARKINSON VIDOR LIMITED 1937-06-16 → 1985-08-30

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared financial projections which show that the Company will continue to operate within its facilities for at least 12 months following the approval of these financial statements. As a consequence, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future.”

Significant events

• “The company's turnover fell in 2024 by 26.3% as manufacturing operations were wound down towards the end of the year.”
• “The manufacturing plant in South Shields ceased production in November 2024 with operations moving to other Saft sites globally. The business will continue to have a strong UK presence with a number of sales and support staff remaining within the UK.”
• “Exceptional costs of £1,679k were incurred due to the restructure of the company which led to a pre-tax loss of £1,651k.”
• “In November 2024, the company ceased its UK manufacturing operations. This strategic decision reflects a shift to a sales and support office model.”
• “During 2024 the decision was made to cease production at the South Shields production facility. The company will continue to operate as a UK sales office, employing a number of staff to service UK customers.”
• “As part of the wind down of manufacturing operations the land and building at the South Shields site were sold in July 2025 for proceeds totalling £1.9m.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -26.3%

  £9,485,000 → £6,988,000

• Cash

  -69.9%

  £1,404,000 → £423,000

• Net assets

  -15.7%

  £7,954,000 → £6,704,000

• Employees

  -7.7%

  78 → 72

• Operating profit

  -462.4%

  -£319,000 → -£1,794,000

• Profit before tax

  -797.3%

  -£184,000 → -£1,651,000

• Wages

  +28.9%

  £2,546,000 → £3,282,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers