Safe Options Limited

Safe Options Ltd, based in Bristol, UK, is a small, family-run business with an active status, celebrating 25 years since its founding. With five employees and £220,234 in assets, it operates from a real address and is managed by two directors and owners. Boasting a stellar 5.0 Google rating from 63 reviews, the company’s core business revolves around retail sales via mail order and the internet.

The company's website, Safe Options UK, showcases a wide range of security products, from safes and key storage lockers to steel cabinets and site storage solutions. It's clear they cater to both home and business customers, with a particular emphasis on high-security options. The site’s layout is functional, if a little dated, and highlights the breadth of their inventory. It's a clear indication of an e-commerce operation, with detailed product descriptions and secure online ordering.

Financially, Safe Options Ltd presents a mixed picture. Current assets have decreased by 19%, dropping to £220,000, while net assets have also fallen slightly to £78,000. Cash bank on hand has seen a more significant drop of 11%, down to £160,000. Trade debtors have plummeted by 34%, to £59,000, which could indicate improved collection practices, or potentially, a slowdown in sales. Creditors have also decreased, by 27%, to £160,000. The company’s small size (meeting two of three conditions for a small company: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain agile, but the decrease in cash reserves warrants a closer look. The unaudited financial statements, as is typical for small companies, rely on director-reported data.

The company is an irregular importer of machinery, boilers, and mechanical appliances, with just two months of import activity recorded, the last in June 2023. Conversely, it’s a regular exporter of furniture, lighting, and prefabricated buildings, with eight months of export activity, the latest in July 2024. Overall, Safe Options Ltd appears to be a well-established, albeit small, business navigating the challenges of a competitive market.

Registered in England/Wales under the registration number 03821843, with a registered address at BS8 4HU, England, Bristol, 40-42 Regent Street, Clifton.

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