Safety Belt Solutions Limited

Safety Belt Solutions Ltd, based in Chichester, UK, is a small, active company founded thirteen years ago in 2011. With twenty-three employees and £1,543,317 in assets, it operates from a virtual address, a fact highlighted by the presence of thirty companies registered at the same location. The company is led by three directors and owned by a solo founder, Phillips Martin John. It’s a regular importer and exporter of vehicles, parts, and accessories (excluding trains and trams), with 161 months of import activity and 42 months of export activity recorded, the latest being February 2025.

The company’s website reveals a specialized focus: providing dynamic testing services for safety equipment. It operates the SBS Dynamic Test Centre, offering impact testing and falling mass drop tower services to support automotive safety research and development. The centre caters to various sectors, including automotive, wheelchair mobility, commercial vehicles, and even leisure attractions. It adheres to national and international standards and offers bespoke testing solutions. The website also mentions a partnership with Create a free website, suggesting a reliance on external web development support.

Financially, Safety Belt Solutions Ltd appears to be in a healthy position, though some trends warrant attention. Cash bank on hand increased significantly by 110%, reaching £150,000, while current assets grew by 8.2% to £1,500,000. Equity also increased by 25%, reaching £1,300,000, a positive sign of retained earnings. However, bank borrowings increased, and creditors within one year rose by 31%, which could indicate increased short-term debt obligations. The company's employee numbers increased by 43%, suggesting expansion, but also potentially higher payroll costs. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. The accounts are unaudited and are prepared in accordance with FRS 102.

Registered in England/Wales under the registration number 07623800, with a registered address at PO20 1QH, England, Chichester, West Sussex, 9 Vinnetrow Business Park, Vinnetrow Road.

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