Safetygrip Solutions Ltd

Safetygrip Solutions Ltd from Aberdeen, UK, is a small, active company founded 14 years ago. Employing eight people and holding £296,909 in assets, it operates from a real address and is managed by three directors, with Watt Mark as the sole owner. The company irregularly imports iron or steel products (just one month of imports recorded) but regularly exports rubber and rubber products (55 months of exports).

The company’s website showcases a wide range of antislip safety products, primarily targeting the energy transition through work in the oil and gas, renewable energy, general industrial, and marine industries. It manufactures products like rotary table mats, drill floor matting, walkway mats, and stair tread covers, offering both standard and bespoke designs. The website highlights a focus on quality, durability, and easy installation, with a dedicated section for news and client testimonials.

Financially, Safetygrip Solutions Ltd presents a mixed picture. Current assets have decreased by 17% to £300,000, while net assets have fallen 18% to £260,000. Bank borrowings have increased to £1,900, and cash reserves have dropped significantly by 66% to £25,000. Trade debtors have risen by 19%, suggesting a possible increase in credit sales, while creditors have decreased by 6%. 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 agility, but the decline in equity warrants attention. As a small company, it is exempt from an audit, so the financial statements are unaudited. The company's continued focus on the energy sector, alongside its bespoke manufacturing capabilities, suggests a strategy of specializing in a niche market.

Registered in Scotland under the registration number SC396030, with a registered address at AB12 4SB, Aberdeen, Aberdeenshire, Unit 1 Cairnrobin Pipeyard, Marywell, Portlethen.

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