CREDITSAFE SERVICES LIMITED
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Cash
£3.2m
+63.2% highest in 3 filed years
Net assets
£298m
+5.1% highest in 3 filed years
Employees
293
+10.6% highest in 3 filed years
Profit before tax
£40m
+50.1% highest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £68,232,000 | £78,950,000 | £96,579,000 | +22.3% | |
| Operating profit | £13,700,000 | £24,120,000 | £38,069,000 | +57.8% | |
| Profit before tax | £16,688,000 | £26,590,000 | £39,918,000 | +50.1% | |
| Net profit | £12,498,000 | £21,726,000 | £33,817,000 | +55.7% | |
| Cash | £1,580,000 | £1,931,000 | £3,152,000 | +63.2% | |
| Total assets less current liabilities | £276,414,000 | £285,870,000 | £300,819,000 | +5.2% | |
| Net assets | £274,616,000 | £283,605,000 | £297,952,000 | +5.1% | |
| Equity | £274,616,000 | £283,605,000 | £297,952,000 | +5.1% | |
| Average employees | 268 | 265 | 293 | +10.6% | |
| Wages | £13,786,000 | £17,856,000 | £19,143,000 | +7.2% | |
| Directors' remuneration | — | £649,000 | £612,000 | -5.7% | |
| Directors' pension contributions | — | £36,000 | £34,000 | -5.6% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 20.1% | 30.6% | 39.4% | |
| Net margin | 18.3% | 27.5% | 35.0% | |
| Return on capital employed | 5.0% | 8.4% | 12.7% | |
| Gearing (liabilities / total assets) | 13.8% | 0.8% | 1.0% | |
| Current ratio | 2.88x | 6.96x | 5.60x | |
| Interest cover | 2.55x | 7.18x | 7.73x |
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
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have prepared the financial statements on a going concern basis. Based on the financial performance, the results post-Balance Sheet date and the work done over cashflows, and financing of the Group as a whole, the Company has confidence that it has strong and robust cash flows to continue as a going concern business for at least 12 months from the date of signing of these financial statements.”
Group structure
- CREDITSAFE SERVICES LIMITED · parent
- Creditsafe Canada Inc. 100%
Significant events
- “The Company declared a dividend on 22 June 2026 of £40,000,000.”
- “On 11 February 2026 Creditsafe Business Solutions Limited (a sister company) repaid their Revolving Credit Facility of €11,200,000. The agreement included the Company as a guarantor.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HUGHES, Carys Wyn | Director | 2019-11-04 | Mar 1981 | British |
| SYVERSEN, Cato | Director | 2019-11-04 | Dec 1965 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Magne Jordanger | Individual | Shares 25–50%, Voting 25–50%, Appoints directors | 2019-11-04 | Active |
Filing timeline
Last 20 of 23 total filings
Material constitutional events — rename, articles re-file, resolution
- 2020-01-08 MA Memorandum articles
- 2019-12-02 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-25 | AA | accounts | Accounts with accounts type full | |
| 2026-04-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-07 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-09-18 | AA | accounts | Accounts with accounts type full | |
| 2025-04-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-10-07 | AA | accounts | Accounts with accounts type full | |
| 2024-04-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-02 | AA | accounts | Accounts with accounts type full | |
| 2023-04-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-07 | AA | accounts | Accounts with accounts type full | |
| 2022-04-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-06 | DISS40 | gazette | Gazette filings brought up to date | |
| 2021-10-05 | AA | accounts | Accounts with accounts type full | |
| 2021-10-05 | GAZ1 | gazette | Gazette notice compulsory | |
| 2021-02-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2020-01-08 | MA | incorporation | Memorandum articles | |
| 2019-12-02 | RESOLUTIONS | resolution | Resolution | |
| 2019-11-29 | SH01 | capital | Capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.