WORKSAFE SYSTEMS LTD

Company number 15224999 · Active

WORKSAFE SYSTEMS LTD is a private limited company registered in READING, United Kingdom, incorporated on 20 Oct 2023. Its registered activity is manufacture of lifting and handling equipment. Its latest published accounts for the period ending 31 Oct 2025 show equity of £16k, total assets of £16k. It has filed 2 sets of accounts, 1 of them after the deadline. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Industry4.0×28 · 0.46 % became insolvent
Equity change ÷ assets2.6×-0.688951–-0.123359 · 0.31 % became insolvent
Share of filings late2.3×0.333333–0.666667 · 0.26 % became insolvent
Late filings1.8×1–2 · 0.21 % became insolvent
Accounts type1.6×balance sheet only · 0.18 % became insolvent
Has filed accounts1.3×1 · 0.16 % became insolvent

Lowers the risk

Company age (years)0.0×1.728–6.256 · 0.00 % became insolvent
Current liabilities ÷ assets0.3×< 0.010552 · 0.03 % became insolvent
Accounts filed0.5×0–3 · 0.06 % became insolvent
Equity ratio0.5×≥ 1 · 0.06 % became insolvent
Region0.6×RG · 0.07 % became insolvent
Accounts overdue0.8×0 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
15224999 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
20 Oct 2023 (3 years)
Registered address
RG10 8AJ READING
Postcode area
Reading
Activity
28220 Manufacture of lifting and handling equipment
Industry
Manufacture of machinery n.e.c.
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Oct 202515 Jul 2026– –£16k£16k £0–1
31 Oct 202415 Oct 2025– –£21k£21k £560–1

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

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Questions about WORKSAFE SYSTEMS LTD

What is the company number of WORKSAFE SYSTEMS LTD?

WORKSAFE SYSTEMS LTD is registered under company number 15224999 in the official register of United Kingdom. View it at the official register.

Is WORKSAFE SYSTEMS LTD still active?

Yes. WORKSAFE SYSTEMS LTD is registered as active (status: Active).

Has WORKSAFE SYSTEMS LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for WORKSAFE SYSTEMS LTD in the official data.

How likely is WORKSAFE SYSTEMS LTD to become insolvent?

Our model estimates a 0.00 % probability that WORKSAFE SYSTEMS LTD becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was WORKSAFE SYSTEMS LTD founded?

WORKSAFE SYSTEMS LTD was incorporated on 20 Oct 2023.

Where is WORKSAFE SYSTEMS LTD registered?

WORKSAFE SYSTEMS LTD's registered address is in RG10 8AJ READING (Reading), United Kingdom.

What do the latest accounts of WORKSAFE SYSTEMS LTD show?

The latest published accounts (period ending 31 Oct 2025) show equity of £16k, total assets of £16k, 1 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.