Company Overview
Safer Asbestos Solutions Limited is a Dissolved Private Limited Company.
Registered Address

1 St James Gate, Newcastle Upon Tyne, NE1 4AD
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Companies House Data
Company NameSAFER ASBESTOS SOLUTIONS LIMITED
Company Number07403134
Registered Office Address1 St James Gate
 NE1 4AD
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date11/10/2010
Accounting Reference Date Day31
Accounting Reference Date Month10
Accounts Next Due Date31/07/2018
Accounts Last Made Up Date31/10/2016
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date08/11/2016
Returns Last Made Up Date11/10/2015
Directors & Members
Show Resigned
Ben Pickard - Director
(British, 46 years old, born November 1980)
Appointed 13 September 2011
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Ben Pickard
ASBESTOS AUDIT LTD
BALTIC INDUSTRIAL HYGIENE LIMITED
SAFER DEMO LIMITED
SAFER GROUP LIMITED
SAFER PLANT LTD
SAFER SALVAGE SOLUTIONS LIMITED
SALUTIS COMPLIANCE SOLUTIONS LTD
Balance Sheet Unlock full report
Accounts Date 31-Oct-2016 31-Oct-2014 31-Oct-2013
Balance Sheet
Fixed Assets 67,820 67,820 14,444
Current Assets 65,508 65,508 26,940
Creditors Due Within One Year 37,832 37,832 33,980
Working Cap 27,676 27,676 -7,040
Total Assets Less Current Liabilities 95,496 95,496 7,404
Long-term Liabilities 0 0 3,614
Net Assets 95,496 95,496 3,790
Share Capital & Reserves
Share Cap 19,002 19,002 2
Profit & Loss Reserves 76,494 76,494 3,788
Other Reserves 0 0 0
Shareholders Funds 95,496 95,496 3,790
Common Size Financial Analysis Unlock full report
Accounts Date 31-Oct-2016 31-Oct-2014 31-Oct-2013
Tangible Fixed Assets - - -
Fixed Assets 50.9% 50.9% 34.9%
Stocks Inventory 15.6% 15.6% 2.4%
Debtors 13.4% 13.4% 6.8%
Cash Bank In Hand 20.1% 20.1% 55.9%
Current Assets 49.1% 49.1% 65.1%
Creditors Due Within One Year 28.4% 28.4% 82.1%
Net Current Assets Liabilities 20.8% 20.8% -17.0%
Creditors Due After One Year 0.0% 0.0% 8.7%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 71.6% 71.6% 9.2%
Called Up Share Capital 14.3% 14.3% 0.0%
Share Capital Allotted Called Up Paid 14.3% 14.3% 0.0%
Profit Loss Account Reserve 57.4% 57.4% 9.2%
Shareholder Funds 71.6% 71.6% 9.2%
Capital Employed - - -
Total Assets Less Current Liabilities 71.6% 71.6% 17.9%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Oct-2016 31-Oct-2014 31-Oct-2013
Liquidity Ratio 1.7 1.7 0.8
Solvency Ratio 3.5 3.5 1.1
Reserves to Assets 0.6 0.6 0.1
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 31-Oct-2016 31-Oct-2014 31-Oct-2013
Assets 133,328 133,328 41,384
Debt 37,832 37,832 37,594
Net Assets/Debt 95,496 95,496 3,790
Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Final Gazette dissolved following liquidation
Return of final meeting in a creditors' voluntary winding up
Liquidators' statement of receipts and payments to 16 July 2019
Registered office address changed from 1 Morston Quays Stephenson Street Wallsend Tyne and Wear NE28 6UE England to 1 st James Gate Newcastle upon Tyne NE1 4AD on 3 August 2018
Statement of affairs
Appointment of a voluntary liquidator
Resolutions
Satisfaction of charge 074031340001 in full
Cessation of Thomas John Moore as a person with significant control on 31 October 2017
Termination of appointment of Thomas John Moore as a director on 31 October 2017
Change of details for Frank John Enclao as a person with significant control on 17 January 2018
Change of details for Mr Ben Pickard as a person with significant control on 1 January 2018
Confirmation statement made on 11 October 2017 with no updates
Director's details changed for Mr Ben Pickard on 4 September 2017
Registration of charge 074031340002, created on 5 May 2017
Confirmation statement made on 11 October 2016 with updates
Director's details changed for Mr Ben Pickard on 1 March 2016
Registered office address changed from Office 2 First Floor Northumbria House Oceana Business Park, Davy Bank Wallsend Tyne and Wear NE28 6UZ to 1 Morston Quays Stephenson Street Wallsend Tyne and Wear NE28 6UE on 16 February 2016
Annual return made up to 11 October 2015 with full list of shareholders
Statement of capital following an allotment of shares on 31 October 2014
Registration of charge 074031340001, created on 31 July 2015
Annual return made up to 11 October 2014 with full list of shareholders
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