SAFETY AT SEA LIMITED Financials
- Company number
- SC195721Copy
Copy - Registered office
- Room 203a Pentagon Business Centre, 36-38 Washington Street, Glasgow G3 8AZ
- Incorporated
- 28/04/1999
Company snapshot
- Status
- Active
- Employees
- 10 (2025)
- Latest financial data
- 2025
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2025.
Net Assets
56.87%vs 20242024: £659.57K
Total Assets
62.46%vs 20242024: £771.56K
Cash in Bank
89.59%vs 20242024: £523.62K
Total Liabilities
91.16%vs 20242024: £107.33K
Employees
+3vs 20242024: 7
In 2025, SAFETY AT SEA LIMITED reported net assets of £1.03M. The same filing shows total assets of £1.25M, cash in bank of £992.73K and total liabilities of £205.17K. Reported headcount was 10 in 2025. Total Assets rose from £771.56K in 2024 to £1.25M in 2025 (62.46%). Okredo holds filed figures for 2022–2025; 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
56.87%from £659.57K in 2024Year-on-year change
Net Assets as filed for 2022–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures SAFETY AT SEA LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+199%vs 2023+72.9% a year compound (CAGR)
Cash in Bank
+244%vs 2023+85.4% a year compound (CAGR)
Total Assets
+216%vs 2023+77.9% a year compound (CAGR)
Total Liabilities
+358%vs 2023+114% a year compound (CAGR)
Employees
+42.9%vs 2023+3Biggest increase
Total Liabilities+358%
£44.81K in 2023 to £205.17K in 2025
Every indicator Okredo holds for SAFETY AT SEA LIMITED 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 SAFETY AT SEA LIMITED'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
- 82.55%2025
- Liabilities to total assets
- 16.37%2025
- Cash to liabilities
- 483.86%2025
- Cash to total assets
- 79.20%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 SAFETY AT SEA LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Net Assets£ | 357.72K | 346.08K | 659.57K | 1.03M |
| Total Assets£ | 547.95K | 396.20K | 771.56K | 1.25M |
| Cash in Bank£ | 457.77K | 288.69K | 523.62K | 992.73K |
| Total Liabilities£ | 186.86K | 44.81K | 107.33K | 205.17K |
| Employees | 7 | 7 | 7 | 10 |
SAFETY AT SEA LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has SAFETY AT SEA LIMITED filed financial statements?
Yes. Okredo holds filed figures for SAFETY AT SEA LIMITED covering 2022–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did SAFETY AT SEA LIMITED report in 2025?
SAFETY AT SEA LIMITED reported net assets of £1.03M for 2025. That compares with £659.57K in 2024, a change of 56.87%.
What total assets did SAFETY AT SEA LIMITED report in 2025?
SAFETY AT SEA LIMITED reported total assets of £1.25M for 2025. That compares with £771.56K in 2024, a change of 62.46%.
What cash in bank did SAFETY AT SEA LIMITED report in 2025?
SAFETY AT SEA LIMITED reported cash in bank of £992.73K for 2025. That compares with £523.62K in 2024, a change of 89.59%.
How many people does SAFETY AT SEA LIMITED employ?
SAFETY AT SEA LIMITED reported 10 employees in 2025, compared with 7 in 2024.
How have SAFETY AT SEA LIMITED financials changed over the last 3 years?
Between 2023 and 2025, SAFETY AT SEA LIMITED's net assets rose by 199%, cash in bank rose by 244%, total assets rose by 216% and total liabilities rose by 358%. Net assets compounded at 72.9% a year across the two years to 2025, from £346.08K to £1.03M. Reported headcount went from 7 in 2023 to 10 in 2025 (+3).
Which years of SAFETY AT SEA LIMITED financial data are available?
Okredo holds reported figures for the years 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.