UK Companies House feature
SAFE OBSTETRIC SYSTEMS LIMITED
Cash
£228K
+729.8% vs 2021
Net assets
£3M
+2.9% vs 2021
Employees
1
-50% vs 2021
Profit before tax
£59K
-99.8% vs 2021
Profile
- Company number
- 05923369
- Status
- Active
- Incorporation
- 2006-09-04
- Last accounts made up
- 2024-10-31
- Account category
- FULL
- Primary SIC
- 32500
- Hubs
- UK Healthcare
Net assets
4-year trend · vs UK Healthcare median
Accounts
4-year trend · latest 2022-10-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-10-31 | 2022-10-31 |
|---|---|---|---|---|---|
| Turnover | — | £2,307,556 | £1,775,276 | £1,969,912 | |
| Operating profit | — | £1,843,100 | £1,805,711 | £23,298 | |
| Profit before tax | — | £1,854,935 | £36,684,566 | £59,277 | |
| Net profit | — | £1,656,285 | £36,618,415 | £76,320 | |
| Cash | £945,359 | £1,613,597 | £27,453 | £227,793 | |
| Total assets less current liabilities | £642,402 | £2,019,962 | — | — | |
| Net assets | £642,019 | £2,019,457 | £2,639,907 | £2,716,227 | |
| Equity | £642,019 | £2,019,457 | £2,639,907 | £2,716,227 | |
| Average employees | 6 | 6 | 2 | 1 | |
| Wages | — | £265,064 | £302,467 | £158,333 |
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
- PKF Francis Clark
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. The company is a subsidiary of The Cooper Companies... The Cooper Companies has indicated its intention to make available funding to cover intercompany and other external liabilities for the companies, this includes agreeing that intercompany creditor balances will not be called in within 12 months from the date of the approval of the financial statements, unless the company is in a position to be able to repay this balance. This financial support will continue in place for at least a period covering 12 months from the date of the approval of these financial statements, whilst the operations of the company are kept under regular review. ... Consequently, the directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”
Subsidiaries
- Safe Obstetric Australia Systems Pty Ltd · 0% held · Australian · Australian Proprietary Company
Significant events
- “Revenue increased by 24% (2023: 9%) in the year, outperforming the market, driven by the continued success of Fetal Pillow®, a sterile single-use balloon cephalic elevation device for use in Cesarean sections performed during the second stage of labour.”
- “Safe Obstetric Australia Systems Pty Ltd was deregistered on 14 May 2024.”
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 · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ANDREWS, Brian George | Director | 2021-03-01 | May 1978 | American |
| PENFOLD, Nigel Anton | Director | 2025-02-06 | Sep 1972 | British |
| RICUPATI, Agostino | Director | 2021-03-01 | Jan 1967 | American |
| SMITH, Charles Stewart | Director | 2025-02-06 | Oct 1978 | American |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| VARMA, Balpreet | Secretary | 2006-09-04 | 2021-03-01 |
| BLAIR, Kerry Lee | Director | 2021-03-01 | 2025-02-06 |
| CALCAGNO, John Joseph | Director | 2021-03-01 | 2025-02-06 |
| TAYLOR, Innes | Director | 2016-01-01 | 2021-03-01 |
| VARMA, Anoushka | Director | 2018-09-05 | 2021-03-01 |
| VARMA, Balpreet | Director | 2016-01-01 | 2021-03-01 |
| VARMA, Natasha, Dr | Director | 2018-09-05 | 2021-03-01 |
| VARMA, Nishant | Director | 2016-01-01 | 2021-03-01 |
| VARMA, Rajiv, Dr | Director | 2006-09-04 | 2021-03-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Coopersurgical Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-03-01 | Active |
| Dr Rajiv Varma | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2021-03-01 |
| Mr Nishant Varma | Individual | Significant influence | 2016-04-06 | Ceased 2021-03-01 |
| Mr Innes Taylor | Individual | Significant influence | 2016-04-06 | Ceased 2021-03-01 |
| Mrs Balpreet Varma | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2016-04-06 |
Filing timeline
Last 20 of 80 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-10-01 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-08-01 | AA | accounts | accounts with accounts type full |
| 2025-07-01 | CH01 | officers | change person director company with change date |
| 2025-03-18 | CH01 | officers | change person director company with change date |
| 2025-02-07 | AP01 | officers | appoint person director company with name date |
| 2025-02-07 | AP01 | officers | appoint person director company with name date |
| 2025-02-07 | TM01 | officers | termination director company with name termination date |
| 2025-02-07 | TM01 | officers | termination director company with name termination date |
| 2024-09-18 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-08-05 | AA | accounts | accounts with accounts type full |
| 2023-10-30 | AA | accounts | accounts with accounts type full |
| 2023-09-06 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-10-31 | AA | accounts | accounts with accounts type full |
| 2022-09-15 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-10-01 | AA01 | accounts | change account reference date company current shortened |
| 2021-09-16 | CS01 | confirmation-statement | confirmation statement with updates |
| 2021-06-03 | AA | accounts | accounts with accounts type total exemption full |
| 2021-04-23 | AD01 | address | change registered office address company with date old address new address |
| 2021-03-09 | TM01 | officers | termination director company with name termination date |
| 2021-03-09 | TM01 | officers | termination director company with name termination date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory