UK Companies House feature
SAFETONET LIMITED
Cash
£29K
-65% vs 2022
Net assets
-£5M
-200.2% vs 2022
Employees
—
Average over period
Profit before tax
—
Period ending 2023-12-31
Profile
- Company number
- 08733316
- Status
- Active
- Incorporation
- 2013-10-15
- Last accounts made up
- 2023-12-31
- Account category
- GROUP
- Primary SIC
- 62090
Net assets
6-year trend · vs UK AI & Enterprise SaaS median
Accounts
6-year trend · latest 2023-12-31
| Metric | Trend | 2018-10-31 | 2019-10-31 | 2020-10-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | |
| Net profit | — | — | — | — | — | — | |
| Cash | £3,031,007 | £2,182,738 | £1,626,093 | £16,441 | £82,062 | £28,692 | |
| Total assets less current liabilities | £3,509,266 | — | £3,435,307 | £7,002,334 | £8,004,992 | -£860,497 | |
| Net assets | £3,267,761 | £2,831,848 | £3,435,307 | £6,962,095 | £4,632,338 | -£4,643,396 | |
| Equity | £3,267,761 | £2,831,848 | £3,435,307 | £6,962,095 | £4,632,338 | -£4,643,396 | |
| Average employees | 31 | 34 | 28 | — | — | — | |
| Wages | — | — | — | — | — | — |
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
- Consolidated (group)
- Auditor
- UHY Ross Brooke
- Audit opinion
- Disclaimer of opinion
- Going concern
- Material uncertainty disclosed
“Nonetheless, we draw attention to the disclosures in note 2 to the accounts regarding going concern, detailing the group's reliance on external funding to ensure that it can continue to operate. If funds are not raised in the near future there are doubts over the group's ability to continue as a going concern.”
Subsidiaries
- Safetonet Deutschland GmbH · 100% held · Köln, Germany
- Safetonet STW Limited · 100% held · Berkshire, England
- Safetonet UK Limited · 100% held · Berkshire, England
- Safetonet NA Holdings Inc · 100% held · Vancouver, BC, Canada
- VISR Inc · 100% held · Kitchener, Ontario Canada
- Safetonet Americas Inc · 100% held · Wilmington, New Castle County, Delaware USA
- Safetonet US Inc · 100% held · Wilmington, New Castle County, Delaware USA
- Safetonet Family Store GmbH · 75% held · Leipzig , Germany · sale of mobile phones and airtime contract
- System-RepairCenter GmbH · 75% held · Leipzig , Germany · repair of mobile phones and other devices
- CW Acquisition Corp · 100% held · Berwyn, PA USA
- Zift Software LLC · 100% held · Berwyn, PA USA
- Safetonet STW Inc · 100% held · Wilmington, New Castle County, Delaware USA
- Safetonet HB Limited · 100% held · Berkshire, England
Significant events
- “Since the year end, we have invested in our new range of solutions - HarmBlock.”
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 |
|---|---|---|---|---|
| FOX, Francis Edward | Director | 2022-09-16 | Jun 1959 | American |
| PURSEY, Richard Michael | Director | 2013-10-15 | Nov 1961 | British |
| REVELL, John Charles | Director | 2015-02-16 | Jan 1959 | British |
| WERNER, Gottfried | Director | 2019-07-25 | Sep 1975 | German |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BURNS, Michael Francis Dempsey | Director | 2021-04-08 | 2024-03-20 |
| FARRELL, Thomas Graham Albert | Director | 2022-09-16 | 2023-04-04 |
| FEIGIN, Randi | Director | 2019-05-10 | 2021-02-11 |
| FORREST, Colin James | Director | 2015-08-19 | 2016-12-07 |
| HAILEY, Edward John | Director | 2014-03-28 | 2014-06-30 |
| HUTCHINSON, John Christopher | Director | 2017-10-09 | 2020-11-11 |
| PEACOCK, William Eric, Sir | Director | 2014-03-28 | 2015-07-09 |
| SCHUSTER, Rene Hanns | Director | 2017-08-31 | 2020-03-12 |
| ZIMMERMANN, Florian | Director | 2020-02-13 | 2022-08-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Richard Michael Pursey | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 171 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-12-27 | AA01 | accounts | change account reference date company current shortened |
| 2025-10-27 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-10-27 | AD04 | address | move registers to registered office company with new address |
| 2025-04-16 | AA | accounts | accounts with accounts type group |
| 2025-02-20 | AD01 | address | change registered office address company with date old address new address |
| 2024-12-19 | AA01 | accounts | change account reference date company previous shortened |
| 2024-11-05 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-05-16 | AA | accounts | accounts with accounts type group |
| 2024-05-13 | TM01 | officers | termination director company with name termination date |
| 2023-12-28 | AA01 | accounts | change account reference date company previous shortened |
| 2023-11-27 | SH01 | capital | capital allotment shares |
| 2023-11-02 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-09-29 | AA01 | accounts | change account reference date company previous shortened |
| 2023-09-08 | SH01 | capital | capital allotment shares |
| 2023-08-11 | MR04 | mortgage | mortgage satisfy charge full |
| 2023-08-04 | SH01 | capital | capital allotment shares |
| 2023-07-15 | SH01 | capital | capital allotment shares |
| 2023-05-25 | TM01 | officers | termination director company with name termination date |
| 2023-05-09 | SH01 | capital | capital allotment shares |
| 2023-04-11 | SH01 | capital | capital allotment shares |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory