Safelincs Limited

Safelincs Ltd from Alford UK: a large company with an active status, founded 22 years ago, employs 79 people, holds £5,537,983 in assets, and generates £24,012,459 in revenue annually. It has a real address, five directors, no owners reported, operates an e-commerce site, and boasts a stellar 5.0 Google rating from 556 reviews. The company regularly imports and exports electrical machinery and equipment, with 4 months of import activity and 38 months of export activity.

Safelincs is a sizable player in the fire safety equipment market, classified as large because it meets two of three conditions: turnover exceeding £36 million and assets over £18 million. The company’s website showcases a wide range of products, from extinguishers and smoke alarms to fire doors and emergency lighting. It’s clearly focused on both commercial and domestic customers, offering services like fire risk assessments and extinguisher servicing. The site emphasizes its commitment to quality, offering a minimum 5-year warranty on essential products and supporting national fire safety initiatives.

However, a closer look at the financials reveals some concerning trends. While revenue remains strong, current assets have fallen by 12%, and net assets have dropped significantly. Bank borrowings have also increased, and cash reserves have decreased by a substantial amount. While these figures could reflect investments in growth or working capital adjustments, the decline in cash warrants attention. The fact that no specific auditor is mentioned suggests the company is exempt from a full audit, relying on unaudited statements.

The lack of reported owners, despite five directors, is a bit unusual, and it’s likely one of the directors holds a significant stake. Overall, Safelincs appears to be a well-established business with a strong online presence and a good reputation, but the recent financial trends suggest it’s facing some challenges that it will need to address.

Registered in England/Wales under the registration number 04715788, with a registered address at LN13 9FX, England, Alford, 33 West Street.

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