Recon Survey & Safety Ltd

RECON SURVEY & SAFETY LTD, based in Maidstone, UK, is a small, active company with a real registered address and three directors overseeing operations. Founded in 2013, it employs seven people and holds £270,000 in equity. The company’s trading status is active, and it has been importing safety equipment and related products for 19 months, with the latest activity recorded in November 2024.

The company’s website, reconsurveyandsafety.co.uk, focuses on safety surveys, risk assessments, and training services for various industries. It offers services like confined space entry assessments, height safety inspections, and emergency response training. The website highlights a commitment to compliance with UK safety regulations and a focus on providing tailored solutions for clients. It’s a specialized service, and the website’s professional design suggests a focus on building trust and expertise.

Financially, RECON SURVEY & SAFETY LTD presents a mixed picture. Current assets increased by a significant 34%, reaching £330,000, while net assets also rose by 18%, settling at £270,000. However, creditors increased by 55%, reaching £130,000, and trade debtors jumped 73%, hitting £160,000. Cash bank on hand decreased by 9.3%, dropping to £99,000. The company’s property, plant, and equipment (PPE) show a mixed trend, with furniture fittings depreciating significantly, motor vehicles increasing in value, and plant machinery decreasing. The increase in PPE depreciation, particularly for furniture fittings, suggests aging assets or increased wear and tear. The company’s management team has been making advances to directors, with advances credits made in period directors remaining steady. The company is exempt from an audit, so the figures are unaudited.

Despite the growth in assets and equity, the rise in creditors and debtors warrants attention. The increase in debtors suggests potential issues with collecting payments, while the rise in creditors could indicate increased reliance on short-term financing. The company’s future minimum lease payments under non-operating leases have decreased significantly, which is a positive sign. The company’s depreciation rate used for property, plant, and equipment remains at 0, which could be a result of the company’s accounting policies. Overall, RECON SURVEY & SAFETY LTD appears to be growing, but needs to manage its liabilities to ensure long-term financial health.

Registered in England/Wales under the registration number 11247651, with a registered address at LN6 9WG, England, Lincoln, Unit H2 Castings Way Leafbridge Business Park, Station Road, North Hykeham.

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