# SAFE GROUND WORK & UTILITIES LTD (14642663)

> SAFE GROUND WORK & UTILITIES LTD is an active private limited company (company number 14642663) incorporated on 6 February 2023, registered in Luton. Its registered activity is construction of utility projects for electricity and telecommunications (SIC 42220). Latest micro accounts cover the period ending 31 March 2025, showing net assets of £2,954, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 51% on the prior period (£6,069).

- Status: Active
- Incorporated: 2023-02-06
- Registered office: Luton, LU4 9XA
- SIC 42220: Construction of utility projects for electricity and telecommunications
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-02-20
- Accounts type: MICRO ENTITY

By net assets it sits in the lower half of 2,174 comparable companies in the UK (median £5,033, upper quartile £45k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £2,954 | — | — | £25k | — | — | 2 |
| 2024-03-31 | £6,069 | — | — | £29k | — | — | 2 |

current ratio 1; size band micro.

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

- Net assets above zero: Net assets £2,954 at 31 March 2025
- Net assets down 25% or more on the prior period: -51.3% vs prior period
- Incorporated two to five years ago: Incorporated 6 February 2023

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

## Persons with significant control

- Mr Mario-Laurentiu Neagu — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2023-02-06
- Mrs Mirabela Neagu — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2023-02-06

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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/14642663
HTML: https://firmoscan.com/company/14642663-safe-ground-work-utilities-ltd