European Safety Systems Limited

European Safety Systems Ltd, based in Acton, UK, is a well-established company with a strong presence in the safety equipment market. Founded 32 years ago in 1992, the company has grown to employ 97 people and holds assets worth £17,590,910. With an annual turnover of £27,305,435, it's considered a large company, meeting two of three criteria: turnover exceeding £36 million and a balance sheet total over £18 million. The company operates from a real address and is overseen by six directors and two owners. It boasts a perfect 5.0 Google rating based on two reviews.

The company’s core business revolves around the manufacture of other electrical equipment, and it’s a regular importer and exporter of electrical machinery and equipment, with 399 months of import activity and 409 months of export activity recorded. Its website highlights a broad range of safety signalling devices for hazardous areas, fire, and industrial environments, including sirens, alarms, and manual call points. It caters to diverse sectors, from marine applications to onshore and offshore environments. The website also showcases a selection of projects, including work for Aramco and Baker Hughes Chemicals, demonstrating its capabilities on a global scale.

Financially, European Safety Systems Ltd shows a mixed picture. While current assets increased by 36% to £18 million, depreciation expense rose by 37% to £210,000. Bank borrowings surged by 8.6% to £2 million, and cash reserves increased by 8.4% to £2 million. However, administrative expenses increased by 22% to £5.8 million, and net losses deepened to -£2.7 million. The company’s investment in fixed assets decreased by 15% to £2.3 million, and its investment in subsidiaries decreased by 35% to £1.2 million. The company’s directors are responsible for the preparation of the financial statements. Wem & Co. performed the audit. The company’s small increase in turnover is good, but the increase in expenses needs to be monitored.

Registered in England/Wales under the registration number 02763350, with a registered address at W3 7QH, Acton, London, Impress House, Mansell Road.

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