UNIVERSAL SAFETY SYSTEMS LTD Financials
- Company number
- 04935585CopyCopy
- Registered office
- Unit A2 Cradley Business Park, Overend Road, Cradley Heath B64 7DW
- Incorporated
- 17/10/2003
Company snapshot
- Status
- Active
- Employees
- 18 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
66.72%vs 20222022: £1.74M
Total Assets
55.95%vs 20222022: £2.65M
Cash in Bank
115.60%vs 20222022: £604.84K
Total Liabilities
35.56%vs 20222022: £916.82K
Employees
+1vs 20222022: 17
In 2023, UNIVERSAL SAFETY SYSTEMS LTD reported net assets of £2.90M. The same filing shows total assets of £4.14M, cash in bank of £1.30M and total liabilities of £1.24M. Reported headcount was 18 in 2023. Total Assets rose from £2.65M in 2022 to £4.14M in 2023 (55.95%). Okredo holds filed figures for 2021–2023; 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
66.72%from £1.74M in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures UNIVERSAL SAFETY SYSTEMS LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+420%vs 2021+128% a year compound (CAGR)
Cash in Bank
+419%vs 2021+128% a year compound (CAGR)
Total Assets
+137%vs 2021+53.8% a year compound (CAGR)
Total Liabilities
+4.3%vs 2021+2.1% a year compound (CAGR)
Employees
+20%vs 2021+3Biggest increase
Net Assets+420%
£556.88K in 2021 to £2.90M in 2023
Every indicator Okredo holds for UNIVERSAL SAFETY SYSTEMS LTD rose between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from UNIVERSAL SAFETY SYSTEMS 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
- 69.97%2023
- 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
- 30.03%2023
- 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
- 104.93%2023
- 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
- 31.51%2023
- 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 UNIVERSAL SAFETY SYSTEMS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 556.88K | 1.74M | 2.90M |
| Total Assets£ | 1.75M | 2.65M | 4.14M |
| Cash in Bank£ | 251.46K | 604.84K | 1.30M |
| Total Liabilities£ | 1.19M | 916.82K | 1.24M |
| Employees | 15 | 17 | 18 |
UNIVERSAL SAFETY SYSTEMS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for UNIVERSAL SAFETY SYSTEMS LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
UNIVERSAL SAFETY SYSTEMS LTD reported net assets of £2.90M for 2023. That compares with £1.74M in 2022, a change of 66.72%.
UNIVERSAL SAFETY SYSTEMS LTD reported total assets of £4.14M for 2023. That compares with £2.65M in 2022, a change of 55.95%.
UNIVERSAL SAFETY SYSTEMS LTD reported cash in bank of £1.30M for 2023. That compares with £604.84K in 2022, a change of 115.60%.
UNIVERSAL SAFETY SYSTEMS LTD reported 18 employees in 2023, compared with 17 in 2022.
Between 2021 and 2023, UNIVERSAL SAFETY SYSTEMS LTD's net assets rose by 420%, cash in bank rose by 419%, total assets rose by 137% and total liabilities rose by 4.3%. Net assets compounded at 128% a year across the two years to 2023, from £556.88K to £2.90M. Reported headcount went from 15 in 2021 to 18 in 2023 (+3).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.