Elite Safety Systems Limited

Elite Safety Systems Limited, based in Bootle, UK, is a small, holding company with an active status. Founded fourteen years ago in 2011, the company employs seventeen people and holds £538,220 in assets. It’s managed by one director and two owners, with a real registered address shared by nine other companies. The company regularly imports iron or steel products, with its last import operation recorded three months ago.

The company’s website showcases a focus on fall protection and access solutions for the construction industry. Elite Safety Systems designs, manufactures, and supplies guardrail systems, roof access solutions (including step units and ladders), and fall protection systems. The website highlights quality, flexibility, and value for money, targeting commercial and industrial clients. They even have a showroom in Sheffield, Waleswood Colliery Industrial Estate.

Financially, Elite Safety Systems Limited shows some concerning trends. While current assets increased slightly to £540,000, cash reserves dropped significantly by 54% to £37,000. Bank borrowings are also up, with overdrafts increasing by 41% to £14,000. Creditors rose by a substantial 19% to £310,000, suggesting increased reliance on short-term financing. Trade debtors also increased by 22% to £420,000, which could indicate difficulties in collecting payments. Equity has declined by 3.7% to £240,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the figures are unaudited.

Overall, Elite Safety Systems Limited appears to be facing some financial headwinds. While the business seems to be actively selling its products and services, the declining cash reserves and rising debts suggest it’s burning through money faster than it’s bringing it in. The company’s management structure seems stable, with a single director overseeing operations, but the financial pressures could require a closer look at cost management and sales strategies.

Registered in England/Wales under the registration number 07623208, with a registered address at L20 7BZ, Bootle, Merseyside, 61/63 Stanley Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.