steadfast security systems ltd
steadfast security systems ltd Company Information
Group Structure
View All
Industry
Security systems service activities
Registered Address
1 hackworth road, north west industrial estate, peterlee, county durham, SR8 2JQ
Website
www.steadfastsecurity.co.uksteadfast security systems ltd Estimated Valuation
Pomanda estimates the enterprise value of STEADFAST SECURITY SYSTEMS LTD at £796.8k based on a Turnover of £1.6m and 0.51x industry multiple (adjusted for size and gross margin).
steadfast security systems ltd Estimated Valuation
Pomanda estimates the enterprise value of STEADFAST SECURITY SYSTEMS LTD at £777.1k based on an EBITDA of £182.4k and a 4.26x industry multiple (adjusted for size and gross margin).
steadfast security systems ltd Estimated Valuation
Pomanda estimates the enterprise value of STEADFAST SECURITY SYSTEMS LTD at £324.8k based on Net Assets of £149.8k and 2.17x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Steadfast Security Systems Ltd Overview
Steadfast Security Systems Ltd is a live company located in peterlee, SR8 2JQ with a Companies House number of 03338278. It operates in the security systems service activities sector, SIC Code 80200. Founded in March 1997, it's largest shareholder is michael robert harbord with a 100% stake. Steadfast Security Systems Ltd is a mature, small sized company, Pomanda has estimated its turnover at £1.6m with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Steadfast Security Systems Ltd Health Check
Pomanda's financial health check has awarded Steadfast Security Systems Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
6 Regular
5 Weak
Size
annual sales of £1.6m, make it in line with the average company (£1.9m)
- Steadfast Security Systems Ltd
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (8.9%)
- Steadfast Security Systems Ltd
8.9% - Industry AVG
Production
with a gross margin of 37.3%, this company has a comparable cost of product (37.3%)
- Steadfast Security Systems Ltd
37.3% - Industry AVG
Profitability
an operating margin of 11.5% make it more profitable than the average company (6.3%)
- Steadfast Security Systems Ltd
6.3% - Industry AVG
Employees
with 20 employees, this is similar to the industry average (22)
20 - Steadfast Security Systems Ltd
22 - Industry AVG
Pay Structure
on an average salary of £39.4k, the company has an equivalent pay structure (£39.4k)
- Steadfast Security Systems Ltd
£39.4k - Industry AVG
Efficiency
resulting in sales per employee of £77.7k, this is less efficient (£108.8k)
- Steadfast Security Systems Ltd
£108.8k - Industry AVG
Debtor Days
it gets paid by customers after 80 days, this is near the average (68 days)
- Steadfast Security Systems Ltd
68 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is quicker than average (46 days)
- Steadfast Security Systems Ltd
46 days - Industry AVG
Stock Days
it holds stock equivalent to 42 days, this is more than average (27 days)
- Steadfast Security Systems Ltd
27 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (10 weeks)
0 weeks - Steadfast Security Systems Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 73%, this is a similar level of debt than the average (67.5%)
73% - Steadfast Security Systems Ltd
67.5% - Industry AVG
STEADFAST SECURITY SYSTEMS LTD financials
Steadfast Security Systems Ltd's latest turnover from March 2024 is estimated at £1.6 million and the company has net assets of £149.8 thousand. According to their latest financial statements, Steadfast Security Systems Ltd has 20 employees and maintains cash reserves of £152 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,110,214 | 1,075,654 | 1,129,932 | 904,161 | 851,151 | 743,286 | |||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 784,868 | 686,081 | 770,314 | 585,461 | 596,761 | 554,365 | |||||||||
| Gross Profit | 325,346 | 389,573 | 359,618 | 318,700 | 254,390 | 188,921 | |||||||||
| Admin Expenses | 329,459 | 287,888 | 257,836 | 235,945 | 181,593 | 189,002 | |||||||||
| Operating Profit | -4,113 | 101,685 | 101,782 | 82,755 | 72,797 | -81 | |||||||||
| Interest Payable | 11,727 | 9,775 | 10,067 | 5,932 | 9,044 | 13,834 | |||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | -15,840 | 91,910 | 91,715 | 76,823 | 63,753 | -13,915 | |||||||||
| Tax | -12,672 | -5,084 | -6,257 | -14,150 | |||||||||||
| Profit After Tax | -15,840 | 79,238 | 86,631 | 70,566 | 49,603 | -13,915 | |||||||||
| Dividends Paid | 20,812 | 48,628 | 61,612 | 52,692 | 43,463 | 44,641 | |||||||||
| Retained Profit | -36,652 | 30,610 | 25,019 | 17,874 | 6,140 | -58,556 | |||||||||
| Employee Costs | 140,756 | 498,566 | 454,004 | 353,874 | 49,538 | 359,139 | |||||||||
| Number Of Employees | 20 | 22 | 20 | 22 | 22 | 22 | 24 | ||||||||
| EBITDA* | 42,595 | 152,813 | 139,027 | 103,881 | 92,075 | 18,578 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 24,754 | 28,669 | 34,547 | 39,947 | 45,820 | 51,725 | 54,716 | 12,214 | 30,132 | 63,946 | 110,654 | 141,788 | 72,169 | 34,609 | 37,850 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 24,754 | 28,669 | 34,547 | 39,947 | 45,820 | 51,725 | 54,716 | 12,214 | 30,132 | 63,946 | 110,654 | 141,788 | 72,169 | 34,609 | 37,850 |
| Stock & work in progress | 114,766 | 114,766 | 114,766 | 114,765 | 114,766 | 59,965 | 61,465 | 63,363 | 85,000 | 202,256 | 58,656 | 57,056 | 37,475 | 42,725 | 20,140 |
| Trade Debtors | 344,613 | 168,365 | 206,787 | 284,379 | 284,743 | 217,445 | 262,707 | 388,043 | 300,110 | 532,917 | 399,731 | 317,480 | 194,162 | 211,207 | 162,027 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 69,846 | 70,155 | 8,000 | 10,318 | 42,069 | 67,422 | 35,806 | 7,260 | 13,300 | 11,773 | 16,850 | 6,387 | |||
| Cash | 152 | 490 | 77,859 | 1,206 | 22,869 | 1,254 | 2,095 | 17,717 | 1,366 | 10 | 629 | 174 | 27,412 | 282 | |
| misc current assets | |||||||||||||||
| total current assets | 529,377 | 353,286 | 330,043 | 487,321 | 442,784 | 367,701 | 361,232 | 453,501 | 402,827 | 743,799 | 471,697 | 386,938 | 248,661 | 287,731 | 182,449 |
| total assets | 554,131 | 381,955 | 364,590 | 527,268 | 488,604 | 419,426 | 415,948 | 465,715 | 432,959 | 807,745 | 582,351 | 528,726 | 320,830 | 322,340 | 220,299 |
| Bank overdraft | 148,263 | 77,860 | 70,087 | 60,931 | 78,568 | 60,416 | 61,911 | 43,823 | 25,980 | 24,554 | 628 | ||||
| Bank loan | 37,351 | 37,426 | |||||||||||||
| Trade Creditors | 52,417 | 64,657 | 155,542 | 111,537 | 133,471 | 103,572 | 102,272 | 346,592 | 267,584 | 163,554 | 61,268 | 66,071 | 97,454 | 66,898 | 55,766 |
| Group/Directors Accounts | 57,473 | 20,000 | |||||||||||||
| other short term finances | 21,917 | ||||||||||||||
| hp & lease commitments | 3,305 | 9,984 | 9,984 | 12,404 | 22,000 | 24,255 | 23,050 | 19,812 | 6,245 | 11,479 | |||||
| other current liabilities | 203,691 | 214,005 | 14,835 | 150,208 | 98,706 | 47,355 | 109,112 | 220,846 | 215,042 | 125,911 | 106,075 | 108,330 | 61,860 | ||
| total current liabilities | 404,371 | 356,522 | 240,464 | 325,981 | 320,729 | 278,800 | 285,699 | 346,592 | 267,584 | 426,400 | 381,739 | 278,438 | 247,895 | 181,473 | 151,650 |
| loans | 292,175 | 29,818 | 108,840 | 23,588 | 133,552 | 67,474 | |||||||||
| hp & lease commitments | 10,695 | 20,382 | 27,949 | 45,004 | 89,976 | 91,240 | 24,158 | ||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 52 | 50,102 | 95,831 | ||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 10,695 | 20,382 | 28,001 | 50,102 | 95,831 | 337,179 | 119,794 | 200,080 | 47,746 | 133,552 | 67,474 | ||||
| total liabilities | 404,371 | 356,522 | 240,464 | 325,981 | 331,424 | 299,182 | 313,700 | 396,694 | 363,415 | 763,579 | 501,533 | 478,518 | 295,641 | 315,025 | 219,124 |
| net assets | 149,760 | 25,433 | 124,126 | 201,287 | 157,180 | 120,244 | 102,248 | 69,021 | 69,544 | 44,166 | 80,818 | 50,208 | 25,189 | 7,315 | 1,175 |
| total shareholders funds | 149,760 | 25,433 | 124,126 | 201,287 | 157,180 | 120,244 | 102,248 | 69,021 | 69,544 | 44,166 | 80,818 | 50,208 | 25,189 | 7,315 | 1,175 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -4,113 | 101,685 | 101,782 | 82,755 | 72,797 | -81 | |||||||||
| Depreciation | 3,915 | 5,878 | 5,400 | 5,873 | 5,905 | 2,991 | 6,297 | 17,918 | 33,814 | 46,708 | 51,128 | 37,245 | 21,126 | 19,278 | 18,659 |
| Amortisation | |||||||||||||||
| Tax | -12,672 | -5,084 | -6,257 | -14,150 | |||||||||||
| Stock | 1 | -1 | 54,801 | -1,500 | -1,898 | -21,637 | -117,256 | 143,600 | 1,600 | 19,581 | -5,250 | 22,585 | 20,140 | ||
| Debtors | 175,939 | 23,733 | -79,910 | -32,115 | 41,945 | -13,646 | -89,530 | 87,933 | -240,067 | 127,146 | 83,778 | 118,241 | -6,582 | 55,567 | 162,027 |
| Creditors | -12,240 | -90,885 | 44,005 | -21,934 | 29,899 | 1,300 | -244,320 | 79,008 | 104,030 | 102,286 | -4,803 | -31,383 | 30,556 | 11,132 | 55,766 |
| Accruals and Deferred Income | -10,314 | 199,170 | -135,373 | 51,502 | 51,351 | -61,757 | 109,112 | -220,846 | 5,804 | 89,131 | 19,836 | -2,255 | 46,470 | 61,860 | |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | -120,061 | 139,091 | -15,426 | 137,757 | 57,375 | -45,963 | |||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -37,351 | -75 | 37,426 | ||||||||||||
| Group/Directors Accounts | -57,473 | 57,473 | -20,000 | 20,000 | |||||||||||
| Other Short Term Loans | -21,917 | 21,917 | |||||||||||||
| Long term loans | -292,175 | 262,357 | -79,022 | 85,252 | -109,964 | 66,078 | 67,474 | ||||||||
| Hire Purchase and Lease Commitments | -3,305 | -17,374 | -9,687 | -9,987 | 40,353 | -67,004 | -47,227 | -59 | 70,320 | 37,725 | -5,234 | 11,479 | |||
| other long term liabilities | -52 | -50,050 | -45,729 | 95,831 | |||||||||||
| share issue | |||||||||||||||
| interest | -11,727 | -9,775 | -10,067 | -5,932 | -9,044 | -13,834 | |||||||||
| cash flow from financing | 186,052 | -88,931 | 182,931 | -78,171 | 29,883 | 146,767 | |||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 152 | -490 | -77,369 | 76,653 | -21,663 | 21,615 | -841 | -15,622 | 16,351 | 1,356 | -619 | 455 | -27,238 | 27,130 | 282 |
| overdraft | 70,403 | 7,773 | 9,156 | -17,637 | 18,152 | -1,495 | 61,911 | -43,823 | 17,843 | 1,426 | 24,554 | -628 | 628 | ||
| change in cash | -70,251 | -8,263 | -86,525 | 94,290 | -39,815 | 23,110 | -62,752 | -15,622 | 16,351 | 45,179 | -18,462 | -971 | -51,792 | 27,758 | -346 |
steadfast security systems ltd Credit Report and Business Information
Steadfast Security Systems Ltd Competitor Analysis
Perform a competitor analysis for steadfast security systems ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in SR8 area or any other competitors across 12 key performance metrics.
steadfast security systems ltd Ownership
STEADFAST SECURITY SYSTEMS LTD group structure
Steadfast Security Systems Ltd has no subsidiary companies.
Ultimate parent company
STEADFAST SECURITY SYSTEMS LTD
03338278
steadfast security systems ltd directors
Steadfast Security Systems Ltd currently has 1 director, Mr Paul Harbord serving since Feb 2023.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Harbord | United Kingdom | 38 years | Feb 2023 | - | Director |
P&L
March 2024turnover
1.6m
+30%
operating profit
178.5k
0%
gross margin
37.3%
+1.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
149.8k
+4.89%
total assets
554.1k
+0.45%
cash
152
0%
net assets
Total assets minus all liabilities
steadfast security systems ltd company details
company number
03338278
Type
Private limited with Share Capital
industry
80200 - Security systems service activities
incorporation date
March 1997
age
28
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
steadfast security ltd (July 2007)
steadfast security systems limited (July 2007)
accountant
-
auditor
-
address
1 hackworth road, north west industrial estate, peterlee, county durham, SR8 2JQ
Bank
-
Legal Advisor
-
steadfast security systems ltd 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 5 charges/mortgages relating to steadfast security systems ltd. Currently there are 3 open charges and 2 have been satisfied in the past.
steadfast security systems ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for STEADFAST SECURITY SYSTEMS LTD. This can take several minutes, an email will notify you when this has completed.
steadfast security systems ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
