Company Overview
Prosafe Products Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 24 May 1999, so this is a well established company. Prosafe Products Ltd has been in business for 26 years and 10 months. The accounts status is unaudited abridged and the accounts are next due on Sunday 31 May 2026.
Registered Address

Unit H, 9 Michelin Road, Newtownabbey, BT36 4PT
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Companies House Data
Company NamePROSAFE PRODUCTS LTD
Company NumberNI036227
Registered Office AddressUnit H
 9 Michelin Road
 BT36 4PT
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date24/05/1999
Accounting Reference Date Day31
Accounting Reference Date Month8
Accounts Next Due Date31/05/2026
Accounts Last Made Up Date31/08/2024
Accounts Account CategoryUNAUDITED ABRIDGED
Returns Next Due Date11/11/2016
Returns Last Made Up Date14/10/2015
Previous Company NameChanged Date
A S DISTRIBUTION LIMITED03 Jun 2011
Directors & Members
Show Resigned
Paul Evans - Director
(British, 41 years old, born July 1985)
Appointed 12 May 2014
 Active
Norman Evans - Director
(British, 72 years old, born June 1954)
Appointed 12 May 2014
 Active
Nathan Lowry - Director
(British, 37 years old, born June 1989)
Appointed 30 August 2023
 Active
Secretaries
Show Resigned
Paul Evans - Secretary
Appointed 12 May 2014
 Active
Other Company Directorships
Paul Evans
CANVAS GALLERIES LIMITED
PROSAFE DIRECT LIMITED
Norman Evans
ABBEY BOND LOVIS LIMITED
ABBEY INSURANCE BROKERS LIMITED
AO COMMUNICATIONS LTD
BEDFORD HOTEL LIMITED
ENGINE & TRUCK (N.I.) LIMITED
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FULTON DOWNES & AGNEW LTD
G & H BELL LIMITED
GALGORM MANOR HOTEL LIMITED
INCORPORATE INSURANCE SERVICES LIMITED
INDEPENDENT ENGINEERS (NI) LIMITED
LOWE REFRIGERATION SOLUTIONS LIMITED
LOWE RENTAL LTD
PIG AND CHICKEN INN LTD
PRESTIGE INSURANCE HOLDINGS LIMITED
PRESTIGE UNDERWRITING SERVICES LIMITED
PROJECT PLUG LIMITED
PROSAFE DIRECT LIMITED
RE-BOUND PRODUCTS LIMITED
RELIABLE CLAIMS SOLUTIONS LIMITED
THOMAS HUTCHINSON AND SONS LIMITED
TULLYMORE HOUSE LIMITED
W.A.M ARMAGH LIMITED
Nathan Lowry
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Balance Sheet
Fixed Assets 183,284 183,284 206,748
Current Assets 867,382 867,382 739,552
Creditors Due Within One Year 724,490 724,490 675,117
Working Cap 142,892 142,892 64,435
Total Assets Less Current Liabilities 326,176 326,176 271,183
Long-term Liabilities 213,818 213,818 73,705
Net Assets 112,358 112,358 197,478
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 112,358 112,358 197,478
Common Size Financial Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Tangible Fixed Assets - - -
Fixed Assets 17.4% 17.4% 21.8%
Stocks Inventory - - -
Debtors 46.9% 46.9% 49.5%
Cash Bank In Hand 0.0% 0.0% 0.2%
Current Assets 82.6% 82.6% 78.2%
Creditors Due Within One Year 69.0% 69.0% 71.3%
Net Current Assets Liabilities 13.6% 13.6% 6.8%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 10.7% 10.7% 20.9%
Capital Employed - - -
Total Assets Less Current Liabilities 31.0% 31.0% 28.7%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Liquidity Ratio 1.2 1.2 1.1
Solvency Ratio 1.1 1.1 1.3
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Aug-2024 31-Aug-2022 31-Aug-2021
Assets 1,050,666 1,050,666 946,300
Debt 938,308 938,308 748,822
Net Assets/Debt 112,358 112,358 197,478

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

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
Confirmation statement made on 14 October 2025 with updates
Confirmation statement made on 14 October 2024 with updates
Cessation of Michael Andrew Dawson Moreland as a person with significant control on 12 August 2024
Termination of appointment of Michael Andrew Dawson Moreland as a director on 12 August 2024
Confirmation statement made on 14 October 2023 with updates
Change of details for Mr Paul Norman Evans as a person with significant control on 13 October 2023
Director's details changed for Mr Paul Norman Evans on 13 October 2023
Appointment of Mr Nathan Graham Lowry as a director on 30 August 2023
Change of details for Mr Paul Evans as a person with significant control on 31 August 2023
Change of details for Mr Michael Andrew Moreland as a person with significant control on 31 August 2023
Confirmation statement made on 14 October 2022 with no updates
Confirmation statement made on 14 October 2021 with no updates
Confirmation statement made on 14 October 2020 with no updates
Confirmation statement made on 14 October 2019 with no updates
Confirmation statement made on 14 October 2018 with updates
Confirmation statement made on 14 October 2017 with no updates
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