Safewell Solutions Limited in Glasgow, G2 1AL

Description

Data updated on: 01-11-2023

Safewell Solutions Limited with the registration number SC285782 has been in this business field for nineteen years. This Private Limited Company is officially located at 1 George Square, in Glasgow and its zip code is G2 1AL. This company currently known as Safewell Solutions Limited, was previously listed under the name of Waterserv. The transformation has occurred in 2007-01-25. This firm's principal business activity number is 46690 and has the NACE code: Wholesale of other machinery and equipment. 2022-06-30 is the last time the company accounts were reported.

Given this specific enterprise's constant expansion, it became imperative to acquire other company leaders: Edward G. and Elizabeth G. who have been collaborating since 2015 to fulfil their statutory duties for the following company. At least one secretary in this firm is a limited company: Dentons Secretaries Limited.

Previous company's names
Safewell Solutions Limited 2007-01-25
Waterserv Limited 2005-06-03

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-06-30	2014-06-30	2015-06-30	2016-06-30	2017-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30	2023-06-30
Currency
Net Worth	303 898	365 331	460 865	380 926

Balance Sheet
Cash Bank On Hand					329 220	345 468	351 277	385 566	420 153	317 418	483 819
Current Assets	560 098	447 595	664 373	612 841	499 489	541 479	624 719	563 376	643 308	570 992	842 229
Debtors	230 914	86 514	154 024	177 206	94 877	117 007	195 250	87 194	148 360	194 709	251 358
Net Assets Liabilities					386 224	440 845	512 576	551 619	488 258	456 180	608 902
Other Debtors					9 391	10 634	34 769	3 910	9 420	72 405	49 547
Property Plant Equipment					18 276	19 702	35 461	39 605	70 088	83 335	58 644
Total Inventories					75 392	79 004	78 192	90 616	74 795	58 865	107 052
Cash Bank In Hand	314 874	353 921	468 158	390 189
Stocks Inventory	14 310	7 160	42 191	45 446
Tangible Fixed Assets	33 643	30 388	19 938	9 817

Capital & Reserves
Called Up Share Capital	2	2	2	2
Profit Loss Account Reserve	303 896	365 329	460 863	380 924
Shareholder Funds	303 898	365 331	460 865	380 926

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets								2 642	6 318	12 568	18 818
Accumulated Depreciation Impairment Property Plant Equipment					55 433	62 862	67 330	79 131	100 104	121 761	149 226
Additions Other Than Through Business Combinations Intangible Assets								5 400
Additions Other Than Through Business Combinations Property Plant Equipment										39 755	2 774
Average Number Employees During Period						5	5	5	8	7	7
Bank Borrowings Overdrafts									41 667	31 667	21 667
Corporation Tax Payable					6 004	15 117	19 373				63 461
Corporation Tax Recoverable									37 515	6 551	6 551
Creditors					128 434	116 987	150 279	54 640	41 667	31 667	21 667
Fixed Assets						19 702	44 152	51 054	95 021	102 018	71 077
Future Minimum Lease Payments Under Non-cancellable Operating Leases							22 475	19 250	12 250	5 250	5 250
Increase Decrease In Intangible Assets							8 691
Increase From Amortisation Charge For Year Intangible Assets								2 642	3 676	6 250	6 250
Increase From Depreciation Charge For Year Property Plant Equipment						7 429	7 867	11 873	22 247	26 507	27 465
Intangible Assets							8 691	11 449	24 933	18 683	12 433
Intangible Assets Gross Cost							8 691	14 091	31 251	31 251
Net Current Assets Liabilities	275 822	340 724	444 581	372 785	371 055	424 492	474 440	508 736	457 295	411 053	576 862
Other Creditors					34 665	45 613	35 654	17 622	57 775	44 227	85 961
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment							3 399	73	1 275	4 850
Other Disposals Property Plant Equipment							6 905	500	1 339	4 850
Other Taxation Social Security Payable					12 637	14 629	11 853	2 773	19 184	20 007	42 302
Property Plant Equipment Gross Cost					73 709	82 564	102 791	118 736	170 191	205 096	207 870
Provisions For Liabilities Balance Sheet Subtotal					3 107	3 349	6 016	8 171	22 391	25 224	17 370
Total Additions Including From Business Combinations Intangible Assets									17 160
Total Additions Including From Business Combinations Property Plant Equipment						8 855	27 132	16 445	52 795
Total Assets Less Current Liabilities	309 465	371 112	464 519	382 602	389 331	444 194	518 592	559 790	552 316	513 071	647 939
Total Operating Lease Payments						27 725	22 475
Trade Creditors Trade Payables					75 128	41 628	83 399	34 245	100 721	85 705	63 643
Trade Debtors Trade Receivables					85 486	106 373	160 481	83 284	101 425	115 753	195 260
Creditors Due Within One Year	284 276	106 871	219 792	240 056
Deferred Tax Liability	5 567	5 781	3 654	1 676
Net Assets Liability Excluding Pension Asset Liability	303 898	365 331	460 865	380 926
Number Shares Allotted		2	2	2
Par Value Share		1	1	1
Share Capital Allotted Called Up Paid	2	2	2	2
Tangible Fixed Assets Additions		11 210	302	2 952
Tangible Fixed Assets Cost Or Valuation	60 083	67 289	67 591	58 800
Tangible Fixed Assets Depreciation	26 440	36 901	47 653	48 983
Tangible Fixed Assets Depreciation Charged In Period		10 817	10 752	7 251
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		356		5 921
Tangible Fixed Assets Disposals		4 004		11 743