SAFELAND LIMITED

1. SAFELAND LIMITED 2025-07-17 → present
2. SAFELAND PLC 1986-04-18 → 2025-07-17

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

Consolidated group

Auditor

BKL Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have considered the future prospects of the Group based on a forecast covering the period of at least 12 months from the approval of these accounts. In addition, the Group's borrowing facilities mature towards the end of March 2026. The Directors remain confident that suitable alternative financing arrangements will be able to be concluded prior to this date and have therefore, concluded that the Group has sufficient resources to continue trading during that period. As a consequence, the consolidated financial statements have been prepared on a going concern basis.”

Group structure

1. SAFELAND LIMITED · parent
   1. CFC 29 Ltd 100% · England and Wales · Property investment
   2. Safeland Active Management Ltd 100% · England and Wales · Property management
   3. Safeland Investments Ltd 100% · England and Wales · Property investment
   4. CFC 37 Ltd 50% · England and Wales · Property investment and trading
   5. Hermitage Property 2024 Ltd 50% · England and Wales · Property investment and trading

Significant events

• “The Directors resolved to simplify the company's ownership structure in order to reduce both the regulatory and cost burden of being a plc. Consequently, the company made the following proposals, all of which were approved by the members at a General Meeting held on 8 July 2025: an offer to existing shareholders to exit their shareholding by way of an off-market share buy-back at the rate of 15p per share; to re-register the company as a private limited company; to adopt new Articles of Association to reflect the re-registration of the Company as a private limited company; to consolidate the existing Ordinary Shares of 5p each into new Ordinary Shares of £6,500 each at the rate of one new Ordinary Share for every 130,000 existing Ordinary Shares held.”
• “The Group disposed of its entire holding of ordinary equity shares in Palace Capital plc during the year (2024: 5,119 shares representing 0.04% of the issued share capital). The market value of the shares at 31 March 2024 was 228p.”

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

Filings

13

last 12 months

Capital events

5

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +0.7%

  £3,730,000 → £3,756,000

• Cash

  +37.1%

  £1,583,000 → £2,171,000

• Net assets

  -12.7%

  £18,923,000 → £16,512,000

• Employees

  0%

  5 → 5

• Operating profit

  -250.4%

  £1,292,000 → -£1,943,000

• Profit before tax

  -371%

  £884,000 → -£2,396,000

• Wages

  -2.9%

  £525,000 → £510,000

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