Safinah Limited

Safinah Ltd, based in Gateshead, UK, is a small, active company established 26 years ago. Employing 53 people and holding £2,723,944 in assets, it operates from a real address and is overseen by five directors and two owners. The company is a regular importer of optical and medical tools and devices, with 3 months of import activity recorded as of February 2025, and an irregular exporter, with 1 month of export activity also recorded in February 2025. It’s a consultancy and engineering firm, operating within the broader professional, scientific, and technical activities sector.

The company’s website highlights its expertise in coatings and surface protection, positioning itself as a trusted independent consultant for various industries including energy, infrastructure, marine, yacht, and chemical sectors. It offers a comprehensive range of services, from technical support and engineering to legal claims and data analysis. The site boasts a global client base, including major players in oil and gas, wind energy, and insurance, and emphasizes its team of 90 specialists worldwide.

Financially, Safinah Ltd presents a mixed picture. While current assets increased by 18% to £2,700,000, net assets have seen a dramatic surge, jumping 580% to £770,000. Cash bank on hand, however, has fallen 41% to £150,000. Debtors have also increased significantly, rising 26% to £2,600,000, while creditors have decreased by 9.1% to £2,100,000. 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 increase in debtors suggests a need to manage cash flow. There's no auditor mentioned, likely due to its small size and exemption from an audit. The company's financial commitments have also risen by 46%, which could be a concern. Overall, Safinah Ltd appears to be growing, but needs to keep a close eye on its working capital.

Registered in England/Wales under the registration number 03647279, with a registered address at NE11 9SN, England, Gateshead, 4 The Staithes, The Watermark.

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