SAFELEC LTD Financials
- Company number
- 08341449CopyCopy
- Registered office
- 12-13 Conduit Road, Norton Canes, Cannock WS11 9TJ
- Incorporated
- 27/12/2012
Company snapshot
- Status
- Active
- Employees
- 27 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
2024: £859.49K
Total Assets
2024: £1.71M
Cash in Bank
2024: £337.76K
Total Liabilities
2024: £845.96K
Employees
2024: 24
In 2025, SAFELEC LTD reported net assets of £1.16M. The same filing shows total assets of £2.53M, cash in bank of £777.14K and total liabilities of £1.37M. Reported headcount was 27 in 2025. Total Assets rose from £1.71M in 2024 to £2.53M in 2025 (48.19%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures SAFELEC LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+23.7% a year compound (CAGR)
Cash in Bank
+12% a year compound (CAGR)
Total Assets
+33.7% a year compound (CAGR)
Total Liabilities
+44.3% a year compound (CAGR)
Employees
Biggest increase
Total Liabilities+108%
£658.62K in 2023 to £1.37M in 2025
Every indicator Okredo holds for SAFELEC LTD rose between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets, cash in bank, total assets and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SAFELEC LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 45.73%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 54.27%2025
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 56.66%2025
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 30.75%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for SAFELEC LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 756.67K | 990.59K | 755.39K | 859.49K | 1.16M |
| Total Assets£ | 1.32M | 1.37M | 1.41M | 1.71M | 2.53M |
| Cash in Bank£ | 603.10K | 639.02K | 619.59K | 337.76K | 777.14K |
| Total Liabilities£ | 567.10K | 381.06K | 658.62K | 845.96K | 1.37M |
| Employees | 17 | 17 | 21 | 24 | 27 |
SAFELEC LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SAFELEC LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
SAFELEC LTD reported net assets of £1.16M for 2025. That compares with £859.49K in 2024, a change of 34.46%.
SAFELEC LTD reported total assets of £2.53M for 2025. That compares with £1.71M in 2024, a change of 48.19%.
SAFELEC LTD reported cash in bank of £777.14K for 2025. That compares with £337.76K in 2024, a change of 130.08%.
SAFELEC LTD reported 27 employees in 2025, compared with 24 in 2024.
Between 2023 and 2025, SAFELEC LTD's net assets rose by 53%, cash in bank rose by 25.4%, total assets rose by 78.7% and total liabilities rose by 108%. Net assets compounded at 23.7% a year across the two years to 2025, from £755.39K to £1.16M. Reported headcount went from 21 in 2023 to 27 in 2025 (+6).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.