Safenames Ltd in Milton Keynes, MK14 6LS

Description

Data updated on: 01-11-2023

Safenames Ltd has been prospering in the UK for at least twenty six years. Started with Registered No. 03802179 in 1999, the firm is located at Safenames House, Milton Keynes MK14 6LS. The company's Standard Industrial Classification Code is 62090 meaning Other information technology service activities. 2022-10-30 is the last time when account status updates were reported.

Having five job offers since 2014/07/16, the firm has been quite active on the employment market. On 2016/03/21, it was seeking candidates for a full time IP Assistant position in Milton Keynes, and on 2014/07/16, for the vacant position of a full time Intellectual Property Assistant in Milton Keynes. They look for employees for such posts as: Corporate Account Manager, Customer Service Adviser and Customer Service Executive.

Due to the following firm's growing number of employees, it was imperative to formally appoint more executives: Adan M., Jonathan S. and Susan M. who have been cooperating for six years for the benefit of this specific firm. Furthermore, the director's duties are regularly supported by a secretary - Susan M., who was appointed by the following firm in November 1999.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-10-31	2013-10-31	2014-10-31	2015-10-31	2016-10-31	2017-10-31	2018-10-30	2019-10-30	2020-10-30	2021-10-30	2022-10-30	2023-10-30
Currency
Net Worth	1 706 393	3 311 583	4 205 389	5 083 929	4 394 638

Balance Sheet
Cash Bank On Hand					3 238 267	4 269 529	6 039 303	5 947 904	7 736 328	9 499 959	7 513 558	7 111 598
Current Assets	1 926 867	3 766 975	4 841 906	5 270 787	4 595 960	6 297 857	8 610 641	11 175 654	13 905 176	15 785 005	14 366 389	13 454 019
Debtors	1 045 766	2 548 037	3 908 894	4 130 506	1 357 693	2 028 328	2 571 338	5 227 750	6 168 848	6 285 046	6 852 831	6 342 421
Net Assets Liabilities					4 394 638	6 577 452	7 775 224	10 384 839	13 728 698	15 999 321	14 127 083	12 922 549
Other Debtors						423 636	336 725	2 062 185	2 085 723	1 958 781	1 901 205	1 472 048
Property Plant Equipment					1 616 496	1 299 675	1 185 229	1 315 824	1 289 526	1 251 838	1 266 784	1 404 643
Cash Bank In Hand	881 101	1 218 938	933 012	1 140 281	3 238 267
Net Assets Liabilities Including Pension Asset Liability	1 706 393	3 311 583	4 205 389	5 083 929	4 394 638
Tangible Fixed Assets	1 327 621	1 655 624	1 633 746	1 633 952	1 616 496

Capital & Reserves
Called Up Share Capital	105	105	105	105	105
Profit Loss Account Reserve	1 706 288	3 311 478	4 205 284	5 083 824	4 394 533
Shareholder Funds	1 706 393	3 311 583	4 205 389	5 083 929	4 394 638

Other Financial Data
Audit Fees Expenses							20 000	20 000	20 000	22 920	25 500	32 800
Accrued Liabilities Deferred Income							551 274	469 957	20 080	22 000	24 000	47 294
Accumulated Depreciation Impairment Property Plant Equipment					380 371	404 448	427 998	476 729	341 958	416 206	141 573	203 614
Additional Provisions Increase From New Provisions Recognised												73 719
Additions Other Than Through Business Combinations Property Plant Equipment						40 751	21 104	179 326	56 413	45 298	87 510	199 900
Administration Support Average Number Employees									76	84	89	92
Administrative Expenses						3 112 403	1 156 581	1 534 271	1 235 109	1 884 345	4 914 924	2 645 125
Amounts Owed By Directors								654 415	611 210	1 526 829	812 671	805 904
Amounts Owed To Directors						272 525	48 980
Amounts Owed To Other Related Parties Other Than Directors								307 162			68 855
Applicable Tax Rate						20	19	19	19	19	19	25
Average Number Employees During Period					48	48		68	76	84	89	92
Bank Borrowings Overdrafts						318 071	253 996	130 930	122 186	21 783
Bank Overdrafts										21 783
Cash Cash Equivalents									7 736 328	9 478 176	7 513 558
Cash Cash Equivalents Cash Flow Value						4 269 529	6 039 303	5 947 904	7 736 328	9 478 176	7 513 558	7 111 598
Commitments For Acquisition Property Plant Equipment											167 232
Comprehensive Income Expense						2 159 654	1 932 143	2 973 006	3 889 037	2 270 623	413 538	1 195 466
Corporation Tax Payable						447 977	345 270	192 204	715 006	234 166	9 492	249 746
Cost Sales						8 214 740	8 173 242	10 202 552	9 795 373	11 330 102	14 625 359	16 133 686
Creditors					1 428 471	1 035 504	1 316 693	1 975 709	1 343 818	983 760	1 506 090	1 862 394
Current Tax For Period						447 977	345 563	510 660	933 718	558 456	116 528	399 746
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences												73 719
Deferred Tax Liabilities												73 719
Depreciation Expense Property Plant Equipment						24 077	23 550	48 731	73 932	81 712	72 565	62 041
Depreciation Rate Used For Property Plant Equipment						33	33	33	33	33	33
Disposals Decrease In Depreciation Impairment Property Plant Equipment									208 703	7 464	347 198
Disposals Property Plant Equipment							112 000		217 482	8 738	347 197
Distribution Costs						3 241	1 321	154
Dividends Paid						310 335	400 876	363 391	545 178		2 285 776	2 400 000
Dividends Paid Classified As Financing Activities						310 335	400 876	363 391	545 178		2 285 776	2 400 000
Dividends Paid On Shares						310 335	400 876	363 391	545 178		2 285 776	2 400 000
Gain Loss In Cash Flows From Change In Accrued Items						-462 538	1 001 231	-532 453	-461 435	14 657	2 000	-251 544
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables						-114 688	56 167	942 379	-704 816	97 079	766 787	110 350
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables						-670 635	-543 010	-2 655 233	-929 540	-128 935	-567 785	767 654
Gain Loss On Disposals Property Plant Equipment						-333 495	58 884		-8 778	-1 274
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss						-79 137	70 483	254 027	228 889	-365 498	907 014	-57 135
Gross Profit Loss						5 721 871	3 444 236	5 004 440	5 659 594	4 691 092	5 445 668	4 369 421
Income Taxes Paid Refund Classified As Operating Activities						414 565	448 270	663 726	410 916	1 039 296	341 202	216 385
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation						1 031 262	1 769 774	-91 399	1 788 424	1 741 848	-1 964 618	-401 960
Increase Decrease In Current Tax From Adjustment For Prior Periods						-2 412						56 893
Increase Decrease In Net Debt From Cash Flows									-1 797 168	-1 810 272	1 910 856
Increase From Depreciation Charge For Year Property Plant Equipment						24 077	23 550	48 731	73 932	81 712	72 565	62 041
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings						-1 442	8 774	5 673	3 292	1 410	4 434	177
Interest Income On Cash Cash Equivalents							146
Interest Paid Classified As Operating Activities						1 008	8 774	5 673	3 292	1 410	4 434	177
Interest Payable Similar Charges Finance Costs						1 008	8 774	5 673	3 292	1 410	4 434	177
Interest Received Classified As Operating Activities							146
Net Cash Flows From Used In Financing Activities						-228 352	-688 496	-535 437	-553 922	-68 424	-2 339 538	-2 400 000
Net Cash Flows From Used In Investing Activities						-40 751	149 780	-179 326	-56 412	-45 298	-87 511	-199 900
Net Cash Flows From Used In Operating Activities						1 300 365	2 308 490	623 364	2 398 758	1 855 570	462 431	2 197 940
Net Cash Generated From Operations						1 715 938	2 765 388	1 292 763	2 812 966	2 896 276	808 067	2 414 502
Net Current Assets Liabilities	1 305 921	2 219 817	3 077 331	3 897 494	3 167 489	5 262 353	7 293 948	9 199 945	12 561 358	14 801 245	12 860 299	11 591 625
Net Debt Funds								-5 816 974	-7 614 142	-9 424 414	-7 513 558
Net Deferred Tax Liability Asset												73 719
Number Shares Issued Fully Paid						1	1	1	1	1	1	1
Operating Profit Loss						2 606 227	2 286 334	3 489 339	4 826 047	2 830 489	534 500	1 726 001
Other Finance Costs						2 450
Other Interest Receivable Similar Income Finance Income							146
Other Operating Income Format1								19 324	401 562	23 742	3 756	1 705
Other Remaining Borrowings						19 476	25 052		24 403	39 648	47 133	76 161
Other Remaining Operating Income								19 324	401 562	23 742	3 756	1 705
Other Taxation Social Security Payable						111 397	165 357	206 213	190 824	164 161	298 068	244 453
Par Value Share		1	1				1	1	1	1	1	1
Pension Costs Defined Contribution Plan						254	286	56 626	76 637	140 823	108 742	137 921
Pension Other Post-employment Benefit Costs Other Pension Costs						254	31 257	56 626	76 637	140 823	108 742	137 921
Prepayments Accrued Income							7 350	78 472	741 099	126 685	144 126	385 225
Proceeds From Borrowings Classified As Financing Activities						81 983	-287 620	-172 046	-8 744	-68 424	-53 762
Proceeds From Sales Property Plant Equipment							170 884		1		-1
Production Average Number Employees						48	64	68	76
Profit Loss						2 159 654	1 932 143	2 973 006	3 889 037	2 270 623	413 538	1 195 466
Profit Loss On Ordinary Activities Before Tax						2 605 219	2 277 706	3 483 666	4 822 755	2 829 079	530 066	1 725 824
Property Plant Equipment Gross Cost					1 996 867	1 704 123	1 613 227	1 792 553	1 631 484	1 668 044	1 408 357	1 608 257
Provisions												73 719
Purchase Property Plant Equipment						40 751	21 104	179 326	56 413	45 298	87 510	199 900
Revenue From Sale Goods						13 936 611	11 617 478	15 206 992	15 454 967	16 021 194	20 071 027	20 503 107
Social Security Costs						768	746	276 109	352 649	390 082	993 531	644 214
Staff Costs Employee Benefits Expense						30 922	30 932	2 941 103	3 689 309	4 147 510	7 719 285	6 273 829
Taxation Including Deferred Taxation Balance Sheet Subtotal												73 719
Tax Decrease Increase From Effect Tax Incentives												-551
Tax Expense Credit Applicable Tax Rate						447 977	432 764	661 896	916 324	537 525	100 713	431 456
Tax Increase Decrease From Effect Capital Allowances Depreciation							-11 543	-25 485	6 662	6 992	-2 305	-35 245
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss							-75 658	-125 751	10 732	13 939	18 120	47 312
Tax Tax Credit On Profit Or Loss On Ordinary Activities						445 565	345 563	510 660	933 718	558 456	116 528	530 358
Total Assets Less Current Liabilities	2 633 542	4 742 441	4 711 077	5 531 446	4 783 985	6 895 523	8 479 177	10 515 769	13 850 884	16 053 083	14 127 083	12 996 268
Total Borrowings							25 052	78 091	24 403
Total Current Tax Expense Credit						445 565	345 563				116 528	456 639
Trade Creditors Trade Payables						184 129	180 760	722 082	393 505	502 002	1 058 542	1 244 740
Trade Debtors Trade Receivables						1 604 692	2 227 263	2 432 678	2 730 816	2 672 751	3 994 829	3 679 244
Turnover Revenue						13 936 611	11 617 478	15 206 992	15 454 967	16 021 194	20 071 027	20 503 107
Wages Salaries						29 900	2 005 099	2 608 368	3 260 023	3 616 605	6 617 012	5 491 694
Advances Credits Directors				119 266	119 266	272 525	48 980	654 415	611 210	1 526 829	812 671	805 904
Advances Credits Made In Period Directors						153 259	223 545	703 395	228 104	933 619	373 242	1 633
Advances Credits Repaid In Period Directors									271 309	18 000	1 087 400	8 400
Company Contributions To Money Purchase Plans Directors						798	746	455	3 677	5 040	8 433	10 505
Director Remuneration						29 900	30 646	30 490	136 315	214 453	2 849 110	797 676
Director Remuneration Benefits Excluding Payments To Third Parties						30 698	30 932	30 945	139 992	219 493	2 857 543	808 181
Number Directors Accruing Benefits Under Money Purchase Scheme									1	1	1	1
Accruals Deferred Income	300 000	867 000
Creditors Due After One Year	627 149	563 858	505 688	447 517	389 347
Creditors Due Within One Year	620 946	985 918	1 764 575	1 373 293	1 428 471
Fixed Assets	1 327 621	1 655 624	1 633 746	1 633 952	1 616 496
Instalment Debts Due After5 Years		563 858	505 688
Number Shares Allotted		2	2
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal		305 760	10 434
Share Capital Allotted Called Up Paid	2	2	2
Tangible Fixed Assets Additions		366 238	8 321	30 255	10 525
Tangible Fixed Assets Cost Or Valuation	1 581 528	1 947 766	1 956 087	1 986 342	1 996 867
Tangible Fixed Assets Depreciation	253 907	292 142	322 341	352 390	380 371
Tangible Fixed Assets Depreciation Charged In Period		38 235	30 199	30 049	27 981
Amount Specific Advance Or Credit Directors		418 556	642 194