THE SAFETY KNIFE CO. LTD. Financials
- Company number
- 02827044CopyCopy
- Registered office
- Olympus Park, Quedgeley, Gloucester GL2 4NF
- Incorporated
- 15/06/1993
Company snapshot
- Status
- Active
- Employees
- 17 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-3.90%vs 20232023: £949.46K
Total Assets
-7.16%vs 20232023: £1.27M
Cash in Bank
-9.42%vs 20232023: £286.32K
Total Liabilities
-15.35%vs 20232023: £250.95K
Employees
0vs 20232023: 17
In 2024, THE SAFETY KNIFE CO. LTD. reported net assets of £912.39K. The same filing shows total assets of £1.18M, cash in bank of £259.35K and total liabilities of £212.44K. Reported headcount was 17 in 2024. Total Assets fell from £1.27M in 2023 to £1.18M in 2024 (-7.16%). Okredo holds filed figures for 2021–2024; 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
-3.90%from £949.46K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures THE SAFETY KNIFE CO. LTD. filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-2.6%vs 2022-1.3% a year compound (CAGR)
Cash in Bank
-21%vs 2022-11.1% a year compound (CAGR)
Total Assets
-0.2%vs 2022-<0.1% a year compound (CAGR)
Total Liabilities
+2.9%vs 2022+1.4% a year compound (CAGR)
Employees
-15%vs 2022-3Biggest increase
Total Liabilities+2.9%
£206.49K in 2022 to £212.44K in 2024
Biggest decrease
Cash in Bank-21%
£328.33K in 2022 to £259.35K in 2024
THE SAFETY KNIFE CO. LTD.'s filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from THE SAFETY KNIFE CO. 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
- 77.31%2024
- 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
- 18.00%2024
- 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
- 122.08%2024
- 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
- 21.98%2024
- 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 THE SAFETY KNIFE CO. LTD. by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 912.43K | 936.49K | 949.46K | 912.39K |
| Total Assets£ | 1.19M | 1.18M | 1.27M | 1.18M |
| Cash in Bank£ | 328.35K | 328.33K | 286.32K | 259.35K |
| Total Liabilities£ | 237.53K | 206.49K | 250.95K | 212.44K |
| Employees | 20 | 20 | 17 | 17 |
THE SAFETY KNIFE CO. LTD. financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for THE SAFETY KNIFE CO. LTD. covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
THE SAFETY KNIFE CO. LTD. reported net assets of £912.39K for 2024. That compares with £949.46K in 2023, a change of -3.90%.
THE SAFETY KNIFE CO. LTD. reported total assets of £1.18M for 2024. That compares with £1.27M in 2023, a change of -7.16%.
THE SAFETY KNIFE CO. LTD. reported cash in bank of £259.35K for 2024. That compares with £286.32K in 2023, a change of -9.42%.
THE SAFETY KNIFE CO. LTD. reported 17 employees in 2024, compared with 17 in 2023.
Between 2022 and 2024, THE SAFETY KNIFE CO. LTD.'s net assets fell by 2.6%, cash in bank fell by 21%, total assets fell by 0.2% and total liabilities rose by 2.9%. Net assets contracted at 1.3% a year across the two years to 2024, from £936.49K to £912.39K. Reported headcount went from 20 in 2022 to 17 in 2024 (-3).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.