Safehold Limited

Safehold Ltd, based in Canterbury, UK, is a small, active company founded just three years ago in 2021. With four employees and £921,555 in assets, it operates from a virtual address—a point of concern given that 876 companies are registered at the same location. The company is run by two directors and a solo founder, Auston Oliver Paul. It regularly imports machinery, boilers, and mechanical appliances, parts, with 11 months of import activity recorded, the latest in January 2025. It exports these same items, but irregularly, with just two months of export activity, the last in September 01, 2024.

The company’s website highlights its business as a self-storage facility, offering secure, state-of-the-art, flexible, and affordable storage for both personal and business use. It emphasizes 24/7 access, a free removal van, staffed reception with complimentary coffee, and a simple sign-up process. The facility is located in Wartnaby, Leicestershire, and caters to businesses seeking a distribution hub. The website also details storage unit sizes and provides contact information.

Financially, Safehold Ltd shows a mixed picture. Current assets have increased significantly, jumping 170% to £920,000, while net assets have also declined, falling 15% to -£150,000. Bank borrowings have increased by a substantial 130%, reaching £1.3 million, and cash reserves have decreased by 44% to £55,000. Trade debtors have doubled to £310,000, suggesting a possible reliance on customer payments. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. No auditor is mentioned, likely due to its small size.

The increased debt and negative equity, despite rising assets, suggest Safehold Ltd is burning through cash to expand its operations. The company’s reliance on a virtual address and the large number of other companies registered there is also a potential red flag. Whether this is a sustainable growth strategy or a sign of financial strain remains to be seen.

Registered in England/Wales under the registration number 13494194, with a registered address at CT1 3DN, United Kingdom, Canterbury, Kent, Camburgh House, 27 New Dover Road.

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