Safeguard Armour Ltd

Safeguard Armour Ltd from Leeds UK: a small, active company founded 14 years ago, employs 21 people, and holds £2,715,468 in assets. With a real address and a single director and owner, it maintains a 2.0 Google rating based on four reviews. The company regularly imports ceramic products (32 months) and exports clothing and accessories (85 months).

The company operates in the retail sale via mail order houses or via internet industries. Its website, Safeguard Armour, showcases a wide range of protective gear, from bulletproof vests to helmets and plates, targeting military, police, and security professionals. The site emphasizes quality, durability, and customization, with sections dedicated to different professions and protection levels. It’s clear that Safeguard Armour is focused on providing high-end protective equipment—a niche market with a premium price point.

Financially, Safeguard Armour Ltd’s report reveals some interesting trends. Bank borrowings have increased significantly, jumping 260% to £740,000, while cash reserves have grown 9.3% to £800,000. Creditors have increased dramatically, rising 300% to £1,200,000, which could be due to increased stock levels to meet demand. However, the company’s net assets have increased by 26% to £1,500,000. A notable decrease in other debtors—down 96%—suggests quicker payments from customers or a shift in payment terms. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debt warrants close monitoring. The report doesn't mention an auditor, likely due to its small company status, so the figures are unaudited.

The company’s significant increase in creditors, while potentially a sign of growth, could also indicate a need for better cash flow management. The rise in bank borrowings, combined with the decrease in other debtors, suggests the company may be relying more on external financing. It's possible the company is investing in new equipment or expanding its product line—but it's important to ensure that these investments are sustainable.

Registered in England/Wales under the registration number 07393177, with a registered address at LS9 0TN, England, Leeds, Sefton Park 23 Felnex Close, Felnex Trading Estate.

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