UK Companies House feature
SAFENAMES LTD
Cash
£5M
-25.6% vs 2023
Net assets
£11M
-16.3% vs 2023
Employees
93
Average over period
Profit before tax
£842K
-51.2% vs 2023
Profile
- Company number
- 03802179
- Status
- Active
- Incorporation
- 1999-07-07
- Last accounts made up
- 2024-10-30
- Account category
- FULL
- Primary SIC
- 62090
Net assets
7-year trend · vs UK AI & Enterprise SaaS median
Accounts
7-year trend · latest 2024-10-30
| Metric | Trend | 2018-10-30 | 2019-10-30 | 2020-10-30 | 2021-10-30 | 2022-10-30 | 2023-10-30 | 2024-10-30 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £20,503,107 | £19,950,038 | |
| Operating profit | — | — | — | — | — | £1,726,001 | £842,199 | |
| Profit before tax | — | — | — | — | — | £1,725,824 | £842,199 | |
| Net profit | — | — | — | — | — | £1,195,466 | £605,827 | |
| Cash | — | — | — | — | — | £7,111,598 | £5,293,014 | |
| Total assets less current liabilities | — | — | — | — | — | £12,996,268 | £10,836,036 | |
| Net assets | — | — | — | — | — | £12,922,549 | £10,819,539 | |
| Equity | — | — | — | — | — | £12,922,549 | £10,819,539 | |
| Average employees | — | — | — | — | — | — | 93 | |
| Wages | — | — | — | — | — | £5,491,694 | £5,933,546 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- MHA
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “Revenue has decreased from £20.5 million to £19.95 million, a decrease of 3% Gross Profit has decreased from £4.3 million to £3.2 million a decrease of 27% Operating Margin before tax has decreased from £1.7 million to £0.8 million giving a percentage decrease of 51% The profit for the year, after taxation, amounted to £605,827.”
- “Safenames Ltd future developments will consist of further developing our use of green energy and how we can increase the efficiency of our energy usage. We will also be looking at developing our corporate structure and exploring possible investment acquisitions to help provide more opportunities for the business to grow. We plan to further develop our data centre and internal tools with an understanding of the impact on the environment and society as a whole.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
4 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MCMANUS, Susan Florence | Secretary | 1999-11-01 | — | British |
| MCMANUS, Adan | Director | 2019-10-01 | Jun 1992 | British |
| MCMANUS, Susan Florence | Director | 2000-03-01 | Jun 1972 | British |
| STOCK, Jonathan Watford | Director | 2002-09-01 | Jun 1972 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FORM 10 SECRETARIES FD LTD | Corporate Nominee Secretary | 1999-07-07 | 1999-07-07 |
| HALE, Paul John | Director | 2002-09-01 | 2005-02-01 |
| JONES, Daren | Director | 1999-11-01 | 2004-01-30 |
| MCMANUS, Simon Marshall | Director | 1999-11-01 | 2020-01-23 |
| FORM 10 DIRECTORS FD LTD | Corporate Nominee Director | 1999-07-07 | 1999-07-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Jonathan Watford Stock | Individual | Shares 25–50% | 2020-01-23 | Active |
| Mr Adan Mcmanus | Individual | Shares 25–50%, Voting 25–50% | 2020-01-23 | Active |
| Mrs Susan Florence Malinki | Individual | Shares 25–50%, Voting 25–50% | 2020-01-23 | Active |
| Mr Simon Marshall Mcmanus | Individual | Shares 75–100%, Voting 75–100%, Appoints directors, Significant influence | 2016-04-06 | Ceased 2020-01-23 |
Filing timeline
Last 20 of 95 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-02-17 | CS01 | confirmation-statement | confirmation statement with updates |
| 2026-01-12 | CH01 | officers | change person director company with change date |
| 2026-01-12 | CH01 | officers | change person director company with change date |
| 2026-01-12 | CH03 | officers | change person secretary company with change date |
| 2025-07-30 | AA | accounts | accounts with accounts type full |
| 2025-01-30 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-07-30 | AA | accounts | accounts with accounts type full |
| 2024-01-17 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-07-26 | AA | accounts | accounts with accounts type full |
| 2023-07-11 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-07-28 | AA | accounts | accounts with accounts type full |
| 2022-07-13 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-07-30 | AA | accounts | accounts with accounts type full |
| 2021-07-15 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-02-15 | PSC01 | persons-with-significant-control | notification of a person with significant control |
| 2021-02-15 | PSC01 | persons-with-significant-control | notification of a person with significant control |
| 2021-02-15 | PSC01 | persons-with-significant-control | notification of a person with significant control |
| 2020-10-29 | AA | accounts | accounts with accounts type full |
| 2020-10-28 | TM01 | officers | termination director company with name termination date |
| 2020-10-28 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
Credit score
Altman Z″ (private-firm) · reference 2024-10-30
10.76
SAFE
Altman Z″
- Working capital / Total assets 0.735 × 6.56 = +4.82
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.065 × 6.72 = +0.44
- Book equity / Total liabilities 5.233 × 1.05 = +5.49
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory