associated security group limited Company Information
Company Number
01219795
Registered Address
421a brighton road, croydon, CR2 6EU
Industry
Security systems service activities
Telephone
02086697836
Next Accounts Due
June 2025
Group Structure
View All
Directors
Michael Challen10 Years
Shareholders
michael charles challen 60%
carol challen 40%
associated security group limited Estimated Valuation
Pomanda estimates the enterprise value of ASSOCIATED SECURITY GROUP LIMITED at £168.2k based on a Turnover of £515k and 0.33x industry multiple (adjusted for size and gross margin).
associated security group limited Estimated Valuation
Pomanda estimates the enterprise value of ASSOCIATED SECURITY GROUP LIMITED at £71.3k based on an EBITDA of £23.8k and a 2.99x industry multiple (adjusted for size and gross margin).
associated security group limited Estimated Valuation
Pomanda estimates the enterprise value of ASSOCIATED SECURITY GROUP LIMITED at £410k based on Net Assets of £174.5k and 2.35x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Associated Security Group Limited Overview
Associated Security Group Limited is a live company located in croydon, CR2 6EU with a Companies House number of 01219795. It operates in the security systems service activities sector, SIC Code 80200. Founded in July 1975, it's largest shareholder is michael charles challen with a 60% stake. Associated Security Group Limited is a mature, small sized company, Pomanda has estimated its turnover at £515k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Associated Security Group Limited Health Check
Pomanda's financial health check has awarded Associated Security Group Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £515k, make it smaller than the average company (£3.1m)
- Associated Security Group Limited
£3.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (6.2%)
- Associated Security Group Limited
6.2% - Industry AVG
Production
with a gross margin of 25.9%, this company has a higher cost of product (36.6%)
- Associated Security Group Limited
36.6% - Industry AVG
Profitability
an operating margin of 4.6% make it less profitable than the average company (6.6%)
- Associated Security Group Limited
6.6% - Industry AVG
Employees
with 8 employees, this is below the industry average (25)
8 - Associated Security Group Limited
25 - Industry AVG
Pay Structure
on an average salary of £38.8k, the company has an equivalent pay structure (£38.8k)
- Associated Security Group Limited
£38.8k - Industry AVG
Efficiency
resulting in sales per employee of £64.4k, this is less efficient (£104.8k)
- Associated Security Group Limited
£104.8k - Industry AVG
Debtor Days
it gets paid by customers after 93 days, this is later than average (65 days)
- Associated Security Group Limited
65 days - Industry AVG
Creditor Days
its suppliers are paid after 148 days, this is slower than average (48 days)
- Associated Security Group Limited
48 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Associated Security Group Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Associated Security Group Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.1%, this is a lower level of debt than the average (67.9%)
47.1% - Associated Security Group Limited
67.9% - Industry AVG
ASSOCIATED SECURITY GROUP LIMITED financials
Associated Security Group Limited's latest turnover from September 2023 is estimated at £515 thousand and the company has net assets of £174.5 thousand. According to their latest financial statements, Associated Security Group Limited has 8 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | |||||||||||||||
Tax | |||||||||||||||
Profit After Tax | |||||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | |||||||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | 8 | 7 | 9 | 10 | 9 | 9 | |||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 198,341 | 216,020 | 172,747 | 154,479 | 136,209 | 147,923 | 151,263 | 10,621 | 14,677 | 14,959 | 13,909 | 16,286 | 21,472 | 33,709 | 44,609 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 138,000 | 144,000 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 198,341 | 216,020 | 172,747 | 154,479 | 136,209 | 147,923 | 151,263 | 148,621 | 158,677 | 14,959 | 13,909 | 16,286 | 21,472 | 33,709 | 44,609 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,512 | 17,512 | 13,812 | 15,372 | 23,397 | 43,790 | 46,630 | 46,131 |
Trade Debtors | 131,652 | 108,471 | 235,356 | 202,255 | 134,150 | 117,187 | 121,873 | 113,931 | 107,856 | 135,697 | 156,034 | 154,464 | 182,542 | 156,711 | 192,323 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,584 | 0 | 35,934 | 3,988 | 4,365 | 1,341 | 15,109 | 1,343 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 131,652 | 108,471 | 235,356 | 202,255 | 134,150 | 117,187 | 121,873 | 128,027 | 125,368 | 185,443 | 175,394 | 182,226 | 227,673 | 218,450 | 239,797 |
total assets | 329,993 | 324,491 | 408,103 | 356,734 | 270,359 | 265,110 | 273,136 | 276,648 | 284,045 | 200,402 | 189,303 | 198,512 | 249,145 | 252,159 | 284,406 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 155,468 | 95,896 | 163,015 | 136,314 | 103,217 | 96,402 | 111,586 | 103,011 | 104,230 | 96,599 | 92,177 | 105,934 | 120,415 | 140,726 | 205,575 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 155,468 | 95,896 | 163,015 | 136,314 | 103,217 | 96,402 | 111,586 | 103,011 | 104,230 | 96,599 | 92,177 | 105,934 | 120,415 | 140,726 | 205,575 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 71,927 | 138,214 | 154,214 | 103,330 | 105,262 | 98,315 | 118,947 | 113,793 | 0 | 0 | 0 | 41,792 | 40,000 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 71,927 | 138,214 | 154,214 | 103,330 | 105,262 | 98,315 | 118,947 | 113,793 | 0 | 0 | 0 | 41,792 | 40,000 | 0 |
total liabilities | 155,468 | 167,823 | 301,229 | 290,528 | 206,547 | 201,664 | 209,901 | 221,958 | 218,023 | 96,599 | 92,177 | 105,934 | 162,207 | 180,726 | 205,575 |
net assets | 174,525 | 156,668 | 106,874 | 66,206 | 63,812 | 63,446 | 63,235 | 54,690 | 66,022 | 103,803 | 97,126 | 92,578 | 86,938 | 71,433 | 78,831 |
total shareholders funds | 174,525 | 156,668 | 106,874 | 66,206 | 63,812 | 63,446 | 63,235 | 54,690 | 66,022 | 103,803 | 97,126 | 92,578 | 86,938 | 71,433 | 78,831 |
Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 3,475 | 4,921 | 4,910 | 4,211 | 5,186 | 6,873 | 10,900 | 14,475 | |||||||
Amortisation | 6,000 | 6,000 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
Tax | |||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | -5,512 | -12,000 | 3,700 | -1,560 | -8,025 | -20,393 | -2,840 | 499 | 46,131 |
Debtors | 23,181 | -126,885 | 33,101 | 68,105 | 16,963 | -4,686 | 7,942 | 6,075 | -27,841 | -20,337 | 1,570 | -28,078 | 25,831 | -35,612 | 192,323 |
Creditors | 59,572 | -67,119 | 26,701 | 33,097 | 6,815 | -15,184 | 8,575 | -1,219 | 7,631 | 4,422 | -13,757 | -14,481 | -20,311 | -64,849 | 205,575 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -71,927 | -66,287 | -16,000 | 50,884 | -1,932 | 6,947 | -20,632 | 5,154 | 113,793 | 0 | 0 | -41,792 | 1,792 | 40,000 | 0 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | -8,584 | 8,584 | -35,934 | 31,946 | -377 | 3,024 | -13,768 | 13,766 | 1,343 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -8,584 | 8,584 | -35,934 | 31,946 | -377 | 3,024 | -13,768 | 13,766 | 1,343 |
associated security group limited Credit Report and Business Information
Associated Security Group Limited Competitor Analysis
Perform a competitor analysis for associated security group limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in CR2 area or any other competitors across 12 key performance metrics.
associated security group limited Ownership
ASSOCIATED SECURITY GROUP LIMITED group structure
Associated Security Group Limited has no subsidiary companies.
Ultimate parent company
ASSOCIATED SECURITY GROUP LIMITED
01219795
associated security group limited directors
Associated Security Group Limited currently has 1 director, Mr Michael Challen serving since Sep 2014.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Michael Challen | England | 29 years | Sep 2014 | - | Director |
P&L
September 2023turnover
515k
+21%
operating profit
23.8k
0%
gross margin
26%
+4.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
174.5k
+0.11%
total assets
330k
+0.02%
cash
0
0%
net assets
Total assets minus all liabilities
associated security group limited company details
company number
01219795
Type
Private limited with Share Capital
industry
80200 - Security systems service activities
incorporation date
July 1975
age
49
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
421a brighton road, croydon, CR2 6EU
Bank
HSBC BANK PLC
Legal Advisor
-
associated security group limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 3 charges/mortgages relating to associated security group limited. Currently there are 3 open charges and 0 have been satisfied in the past.
associated security group limited Companies House Filings - See Documents
date | description | view/download |
---|