Safety Factory Limited

Safety Factory Limited from Kings Lynn, UK, is a small, active company founded 23 years ago in 2001. It operates from a virtual address, with one director and one owner reported. The company has a respectable Google rating of 4.0 based on 14 reviews. It’s a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 10 employees.

Safety Factory Limited specializes in retail sales via mail order and internet, offering a range of safety equipment. The company’s website, while basic, highlights a selection of personal protective equipment (PPE) and safety supplies. It seems to be primarily an e-commerce operation, with no physical storefront mentioned.

Financially, Safety Factory Limited’s recent report paints a mixed picture. Net current assets liabilities increased by 15% to -£1900, while debtors remained steady at £1. Equity also decreased by 15% to -£1900. The company’s small size helps it stay nimble, but the decline in equity is noticeable. No auditor is mentioned, which is common for small companies exempt from an audit. The accounts are unaudited and prepared under FRS 102. The director has elected not to include a copy of the profit and loss account within the financial statements. The accounts have been prepared on the going concern basis.

Overall, Safety Factory Limited appears to be a small, established e-commerce business navigating the challenges of a competitive market. The lack of substantial profits and the reliance on owner-provided capital suggest a need for careful financial management, but the positive Google reviews indicate customer satisfaction.

Registered in England/Wales under the registration number 04281661, with a registered address at PE30 1HE, Kings Lynn, Norfolk, 48 King Street.

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