Safex-eu Ltd

Safex-Eu Ltd is a private limited company registered in England/Wales with the registration number 12851698. The company was founded four years ago on September 02, 2020, and registered in SE1 2JE, England, London, 19 The Circle, Queen Elizabeth Street. The address is probably virtual as 342 companes registered at the same address. Its status is active. The company operates in the retail sale via mail order houses or via internet, the web portals, the advertising agencies industries. Officially, it has one owner or PSCs, two directors, and three employees.

The company’s website, safexinternational.org, doesn't support Javascript, so it won’t operate correctly. It's a hub for information and networking within the explosives and blasting industry, focusing on incident reporting, best practices, and member collaboration. It appears to be a membership-based organization rather than a direct e-commerce site. The site details various initiatives, webinars, and congresses—all geared towards professionals in the field. There’s a lot of technical jargon, and it's clear that Safex-Eu Ltd serves as a central point for knowledge sharing and safety standards within a specialized sector.

Financially, Safex-Eu Ltd presents a mixed picture. Current assets have dropped significantly, falling 38% to £2,600, while net assets have decreased by 6.1% to -£89,000. Cash reserves are down 88% to just £430, a substantial reduction. However, creditors have also fallen, down 87% to £52,000, which could indicate improved debt management. Trade debtors have increased dramatically, up 190% to £2,200, suggesting a potential reliance on customer payments. 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 flexibility, but the significant equity decline warrants attention. With no auditor mentioned, the figures are unaudited.

The company’s financial situation seems to be burning through money, with a large loss and minimal cash reserves. The increase in trade debtors could be a sign of difficulties in collecting payments, or perhaps an intentional strategy to offer credit terms to attract business. The lack of employees suggests a lean operation, but the financial pressures indicate a need for careful management.

Registered in England/Wales under the registration number 12851698, with a registered address at CF14 8LH, Cardiff, 12851698 - COMPANIES HOUSE DEFAULT ADDRESS.

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