Method Functional Safety Ltd in Hitchin, SG5 3RB

Websites

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risknowlogy.com

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www.risknowlogy.com

Description

Data updated on: 01-11-2023

This firm is situated in Hitchin with reg. no. 08453480. This firm was established in the year 2013. The main office of the company is located at Method House 3 Davis Crescent Pirton. The area code for this address is SG5 3RB. 7 years from now the firm changed its name from Risknowlogy to Method Functional Safety Ltd. This firm's SIC and NACE codes are 70229 and has the NACE code: Management consultancy activities other than financial management. The business most recent financial reports were submitted for the period up to 2022/09/30 and the most recent confirmation statement was submitted on 2023/06/06.

The company has a single director now leading this specific company, specifically David W. who's been performing the director's responsibilities since 2013/03/20. For 4 years Michel H., had been performing the duties for the company till the resignation 7 years ago. In addition another director, including Michel H. resigned on 2013/04/17. Furthermore, the director's assignments are often backed by a secretary - Judith W., who was selected by the company in March 2013.

Previous company's names
Method Functional Safety Ltd 2017-05-18
Risknowlogy Ltd 2013-03-20

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	45 904	46 483	63 215	20 989

Balance Sheet
Cash Bank On Hand				35 916	12 723	12 092	7 860	10 624	44 198	17 814
Current Assets	51 653	77 161	129 699	112 450	76 118	106 332	102 769	72 275	180 599	144 008
Debtors	17 071	44 186	86 287	76 534	63 395	94 240	94 909	61 651	136 401	126 194
Net Assets Liabilities				20 989	6 665	53 513	43 278	29 911	85 699	71 797
Other Debtors				2 303	23 929	10 041	1 940	3 805	2 500	18 325
Property Plant Equipment					23 982	29 885	26 320	2 071	1 036	1
Cash Bank In Hand	34 582	32 975	43 412	35 916
Net Assets Liabilities Including Pension Asset Liability	45 904	46 483	63 215	20 989
Tangible Fixed Assets	9 080	6 160	810
Trade Debtors	17 071	44 186	86 287	74 231

Capital & Reserves
Called Up Share Capital	20 000	20 000	20 000	20 000
Profit Loss Account Reserve	25 904	26 483	43 215	989
Shareholder Funds	45 904	46 483	63 215	20 989

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment				16 050	18 715	22 829	27 003	19 002	20 037	21 072
Additional Provisions Increase From New Provisions Recognised					535
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss						158	-11	-289	-196	-197
Amounts Owed To Group Undertakings							56 947	34 620	74 984	59 925
Average Number Employees During Period				2	2	3	3	1	1	1
Corporation Tax Payable				22 568	26 967
Creditors				89 158	92 900	82 011	85 129	44 042	95 739	72 212
Deferred Tax Liabilities					535	693	682	393	197
Increase From Depreciation Charge For Year Property Plant Equipment					2 665	4 114	4 174	1 674	1 035	1 035
Net Current Assets Liabilities	36 824	40 323	62 405	20 989	-16 782	24 321	17 640	28 233	84 860	71 796
Number Shares Issued Fully Paid					9 800	9 800	9 800	9 800	9 800	9 800
Other Creditors					100	35 061	102	102	1 000	1 000
Other Taxation Social Security Payable					36 065	30 827	10 941	2 072	16 232
Par Value Share	1	1	1	1	1	1	1	1	1	1
Prepayments Accrued Income					23 929
Property Plant Equipment Gross Cost				16 050	42 697	52 714	53 323	21 073	21 073
Provisions					535	693	682	393	197
Provisions For Liabilities Balance Sheet Subtotal					535	693	682	393	197
Total Additions Including From Business Combinations Property Plant Equipment					26 647	10 017	609	3 105
Total Assets Less Current Liabilities	45 904	46 483	63 215	20 989	7 200	56 706	43 960	30 304	85 896	71 797
Trade Creditors Trade Payables				47 326	56 735	16 123	17 139	7 248	3 523	11 287
Trade Debtors Trade Receivables				74 231	39 466	84 199	92 969	57 771	133 826	97 794
Amounts Owed By Group Undertakings								75	75	10 075
Increase Decrease Due To Transfers Between Classes Property Plant Equipment								-35 355
Transfers Between P P E Classes Increase Decrease In Depreciation Impairment								-9 675
Accruals Deferred Income Within One Year		3 612	3 503
Creditors Due Within One Year	14 829	36 838	67 294	91 461
Fixed Assets	9 080	6 160	810
Number Shares Allotted	20 000	20 000	20 000	20 000
Other Creditors Due Within One Year	3 503	8 135	22 780	21 567
Share Capital Allotted Called Up Paid	20 000	20 000	20 000	20 000
Tangible Fixed Assets Additions	13 620
Tangible Fixed Assets Cost Or Valuation	13 620	16 050	16 050	16 050
Tangible Fixed Assets Depreciation	4 540	9 890	15 240	16 050
Tangible Fixed Assets Depreciation Charged In Period	4 540		5 350	810
Taxation Social Security Due Within One Year	6 476	25 070	33 589	22 568
Trade Creditors Within One Year	4 850	21	7 422	47 326

Company staff

Judith W.

Role: Secretary

Appointed: 20 March 2013

Latest update: 9 April 2024

David W.

Role: Director

Appointed: 20 March 2013

Latest update: 9 April 2024

People with significant control

The companies with significant control over this firm include: Method Safety And Security Ltd owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Hitchin at 3 Davis Crescent, Pirton, SG5 3RB and was registered as a PSC under the reg no 11252786.

Method Safety And Security Ltd

Address: Method House 3 Davis Crescent, Pirton, Hitchin, SG5 3RB, England

Legal authority Companies Act England And Wales

Legal form Limited

Country registered England And Wales

Place registered England And Wales

Registration number 11252786

Notified on 22 November 2019

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

David W.

Notified on 6 April 2016

Ceased on 22 November 2019

Nature of control:

substantial control or influence

Judith W.

Notified on 30 April 2017

Ceased on 22 November 2019

Nature of control:

1/2 or less of shares

Michel H.

Notified on 6 April 2016

Ceased on 30 April 2017

Nature of control:

over 1/2 to 3/4 of shares

Accounts Documents

Account next due date	30 June 2024
Account last made up date	30 September 2022
Confirmation statement next due date	20 June 2024
Confirmation statement last made up date	06 June 2023

Annual Accounts 05 November 2013
Start Date For Period Covered By Report	2013-03-20
End Date For Period Covered By Report	2013-09-30
Date Approval Accounts	05 November 2013
Annual Accounts 17 November 2014
Start Date For Period Covered By Report	2013-10-01
End Date For Period Covered By Report	2014-09-30
Date Approval Accounts	17 November 2014
Annual Accounts 24 October 2015
Start Date For Period Covered By Report	2014-10-01
End Date For Period Covered By Report	2015-09-30
Date Approval Accounts	24 October 2015
Annual Accounts 02 November 2016
Start Date For Period Covered By Report	2015-10-01
End Date For Period Covered By Report	2016-09-30
Date Approval Accounts	02 November 2016
Annual Accounts
Start Date For Period Covered By Report	01 October 2016
Annual Accounts
Start Date For Period Covered By Report	01 October 2017
End Date For Period Covered By Report	30 September 2018
Annual Accounts
Start Date For Period Covered By Report	01 October 2018
End Date For Period Covered By Report	30 September 2019
Annual Accounts
Start Date For Period Covered By Report	01 October 2019
End Date For Period Covered By Report	30 September 2020
Annual Accounts
Start Date For Period Covered By Report	01 October 2020
End Date For Period Covered By Report	30 September 2021
Annual Accounts
Start Date For Period Covered By Report	01 October 2021
End Date For Period Covered By Report	30 September 2022
Annual Accounts
End Date For Period Covered By Report	30 September 2017

Method Functional Safety Ltd

General information

Name:

Office Address:

Contact information

Websites

risknowlogy.com

www.risknowlogy.com

Description

Financial data based on annual reports

Company staff

Judith W.

David W.

Michel H.

Michel H.

People with significant control

Method Safety And Security Ltd

David W.

Judith W.

Michel H.

Accounts Documents

Company filings

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