Pas Safe Solutions Ltd

Pas Safe Solutions Ltd, based in Preston, UK, is a small holding company with an active status, founded four years ago in 2020. Employing five people and holding £1,151,882 in assets, it operates from a real address shared by only one other company. The company is managed by two directors and has three owners, although the list of owners changed three years ago. It’s an irregular importer, with its top import category being Plastics and plastic products, totaling one month of imports, the last operation being conducted in March 2023. The company operates in the other construction installation industries.

The company’s website is non-existent, so it’s hard to determine if they have an e-commerce operation. However, their business is described as operating in the other construction installation industries.

Financially, Pas Safe Solutions Ltd shows some concerning trends. While cash reserves increased by 440% to £560,000, current assets have increased by 140% to £1,200,000. Creditors have increased by 120% to £630,000, and bank borrowings have decreased by 100% to zero. Perhaps most significantly, net losses deepened considerably, and equity increased by 210% to £730,000. Trade debtors increased by 17% to £290,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The significant increase in equity, however, suggests a possible injection of capital, or perhaps a revaluation of assets. The company's small size helps it stay agile, but the increase in creditors raises questions about its ability to manage short-term liabilities. With no auditor mentioned, the figures rely on unaudited statements.

In short, Pas Safe Solutions Ltd appears to be experiencing growth, but it’s important to monitor its ability to manage its increasing liabilities.

Registered in England/Wales under the registration number 12831007, with a registered address at PR5 6AW, England, Preston, 22 Sceptre Court Sceptre Way, Bamber Bridge.

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