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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-12-04 (in 7mo)

Last made up 2025-11-20

Watchouts

None on the register

Cash

£4M

-41.2% vs 2023

Net assets

-£47M

-11.2% vs 2023

Employees

126

-42.2% vs 2023

Profit before tax

-£6M

+47.7% vs 2023

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £83,115,000£77,314,000
Operating profit -£1,144,000£5,123,000
Profit before tax -£11,286,000-£5,899,000
Net profit -£10,618,000-£5,899,000
Cash £7,085,000£4,167,000
Total assets less current liabilities £30,702,000£44,894,000
Net assets -£42,725,000-£47,498,000
Equity -£42,725,000-£47,498,000
Average employees 218126
Wages £14,408,000£7,401,000
Directors' remuneration £752,000£820,000

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. About these numbers

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-31
Operating margin -1.4%6.6%
Net margin -12.8%-7.6%
Return on capital employed -3.7%11.4%
Current ratio 1.77x1.91x
Interest cover -0.11x0.44x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Grant Thornton UK LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The following financial statements have been prepared on a going concern basis given that senior management have considered the ability of the Group, Safeguard World International Holdings Limited to provide the company with support from its parent Safeguard World International Holdings Limited ("Parent and Group") to meet its funding requirements. The Group and Company accounts were prepared on a going concern basis.”

Group structure

  1. SAFEGUARD WORLD INTERNATIONAL LIMITED · parent
    1. Safeguard World International LLC 100% · USA · payroll service provider
    2. Safeguard World Asia Pacific Limited 100% · Hong Kong · payroll service provider
    3. Safeguard World Payroll Services Private Limited 100% · India · payroll service provider
    4. Safeguard Global Belgium SRL 100% · Belgium · payroll service provider
    5. Global PEO Services (Kenya) Ltd. 100% · Kenya · payroll service provider

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

4 active · 8 resigned

Name Role Appointed Born Nationality
REYNOLDS, Bjorn Secretary 2007-12-21 British
GOEPEL, Patrick Francis Director 2015-09-04 Jun 1961 American
REYNOLDS, Bjorn Director 2007-11-28 Jul 1975 British
THEW, Bruce John Director 2007-11-28 May 1958 British
Show 8 resigned officers
Name Role Appointed Resigned
GILES, John Secretary 2007-11-28 2018-03-13
CRIPPS SECRETARIES LIMITED Corporate Secretary 2007-11-28 2008-12-02
SWIFT INCORPORATIONS LIMITED Corporate Nominee Secretary 2007-11-28 2007-11-28
CASSIE, John Director 2008-02-04 2013-11-14
COKER, Jonathan Edgar Director 2013-11-14 2019-07-25
GILES, John Director 2007-11-28 2018-03-13
MARTIN, Richard Director 2008-02-04 2015-12-07
INSTANT COMPANIES LIMITED Corporate Nominee Director 2007-11-28 2007-11-28

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Safeguard World International Holdings Ltd Corporate entity Shares 75–100% 2016-04-06 Active

Filing timeline

Last 20 of 113 total filings

Date Type Category Description
2026-02-10 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-02-09 CH01 officers Change person director company with change date
2025-12-10 AA accounts Accounts with accounts type full
2025-03-21 CH01 officers Change person director company with change date
2025-03-14 MR05 mortgage Mortgage charge part both with charge number PDF
2025-01-28 AD01 address Change registered office address company with date old address new address PDF
2025-01-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-12-16 AA accounts Accounts with accounts type full
2024-08-22 RP09 address Default companies house service address applied officer PDF
2024-06-11 AA accounts Accounts with accounts type full
2023-11-29 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-01-24 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-01-07 AA accounts Accounts with accounts type full
2022-10-02 AD01 address Change registered office address company with date old address new address PDF
2022-05-23 AA accounts Accounts with accounts type full
2022-01-27 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2021-12-29 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-01-07 AA accounts Accounts with accounts type full
2021-01-04 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-01-04 TM02 officers Termination secretary company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page