# SAFFRON NETWORKS LTD (05778875)

> SAFFRON NETWORKS LTD is an active private limited company (company number 05778875) incorporated on 12 April 2006, registered in Watford. Its registered activity is business and domestic software development (SIC 62012). Latest small accounts cover the period ending 30 April 2026, showing net assets of £38k and cash of £22k, with 2 employees on average. Net assets fell 11% on the prior period (£43k).

- Status: Active
- Incorporated: 2006-04-12
- Registered office: Watford, WD18 7GR
- SIC 62012: Business and domestic software development
- Next accounts due: 2028-01-30
- Confirmation statement due: 2027-04-26
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 4,366 comparable companies in Greater London (median £1,196, upper quartile £29k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2026-04-30 | £38k | £22k | £5,857 | £10k | — | — | 2 |
| 2025-04-30 | £43k | £31k | £5,000 | £24k | — | — | 2 |

current ratio 2.73; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £38,173 at 30 April 2026
- Current assets at least 1.5× creditors within one year: Current ratio 2.73
- Incorporated five or more years ago: Incorporated 12 April 2006

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Ubaid Hassan — owns 25–50% of shares, since 2017-01-01

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/05778875
HTML: https://firmoscan.com/company/05778875-saffron-networks-ltd