securi-flex ltd.
securi-flex ltd. Company Information
Company Number
03758330
Next Accounts
Sep 2025
Shareholders
sfx bidco limited
Group Structure
View All
Industry
Non-specialised wholesale trade
Registered Address
unit 6 - 10 mackley ind estate, henfield road, henfield, west sussex, BN5 9XR
Website
www.securiflex.co.uksecuri-flex ltd. Estimated Valuation
Pomanda estimates the enterprise value of SECURI-FLEX LTD. at £11.4m based on a Turnover of £22.7m and 0.5x industry multiple (adjusted for size and gross margin).
securi-flex ltd. Estimated Valuation
Pomanda estimates the enterprise value of SECURI-FLEX LTD. at £18.1m based on an EBITDA of £3.1m and a 5.89x industry multiple (adjusted for size and gross margin).
securi-flex ltd. Estimated Valuation
Pomanda estimates the enterprise value of SECURI-FLEX LTD. at £35.4m based on Net Assets of £12.8m and 2.77x industry multiple (adjusted for liquidity).
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Securi-flex Ltd. Overview
Securi-flex Ltd. is a live company located in henfield, BN5 9XR with a Companies House number of 03758330. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in April 1999, it's largest shareholder is sfx bidco limited with a 100% stake. Securi-flex Ltd. is a mature, large sized company, Pomanda has estimated its turnover at £22.7m with high growth in recent years.
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Securi-flex Ltd. Health Check
Pomanda's financial health check has awarded Securi-Flex Ltd. a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £22.7m, make it larger than the average company (£16.2m)
£22.7m - Securi-flex Ltd.
£16.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (6.3%)
21% - Securi-flex Ltd.
6.3% - Industry AVG
Production
with a gross margin of 24.1%, this company has a comparable cost of product (27.6%)
24.1% - Securi-flex Ltd.
27.6% - Industry AVG
Profitability
an operating margin of 13.2% make it more profitable than the average company (5.1%)
13.2% - Securi-flex Ltd.
5.1% - Industry AVG
Employees
with 27 employees, this is below the industry average (41)
27 - Securi-flex Ltd.
41 - Industry AVG
Pay Structure
on an average salary of £54.7k, the company has a higher pay structure (£44.5k)
£54.7k - Securi-flex Ltd.
£44.5k - Industry AVG
Efficiency
resulting in sales per employee of £841.2k, this is more efficient (£379k)
£841.2k - Securi-flex Ltd.
£379k - Industry AVG
Debtor Days
it gets paid by customers after 69 days, this is later than average (52 days)
69 days - Securi-flex Ltd.
52 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is slower than average (32 days)
36 days - Securi-flex Ltd.
32 days - Industry AVG
Stock Days
it holds stock equivalent to 143 days, this is more than average (78 days)
143 days - Securi-flex Ltd.
78 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is average cash available to meet short term requirements (14 weeks)
12 weeks - Securi-flex Ltd.
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 31.6%, this is a lower level of debt than the average (47.3%)
31.6% - Securi-flex Ltd.
47.3% - Industry AVG
SECURI-FLEX LTD. financials
Securi-Flex Ltd.'s latest turnover from December 2023 is £22.7 million and the company has net assets of £12.8 million. According to their latest financial statements, Securi-Flex Ltd. has 27 employees and maintains cash reserves of £1.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 22,712,000 | 21,019,000 | 11,755,000 | 16,908,390 | 12,742,558 | 13,327,246 | 11,652,960 | ||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Cost Of Sales | 17,246,000 | 16,165,000 | 9,073,000 | 13,243,812 | 10,266,901 | 10,885,252 | 9,222,419 | ||||||||
| Gross Profit | 5,466,000 | 4,854,000 | 2,682,000 | 3,664,578 | 2,475,657 | 2,441,994 | 2,430,541 | ||||||||
| Admin Expenses | 2,461,000 | 2,147,000 | 1,155,000 | 1,154,651 | 806,082 | 954,911 | 958,750 | ||||||||
| Operating Profit | 3,005,000 | 2,707,000 | 1,527,000 | 2,509,927 | 1,669,575 | 1,487,083 | 1,471,791 | ||||||||
| Interest Payable | 64,000 | 42,000 | 1,000 | 0 | 412 | 3,476 | 1,175 | ||||||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| Pre-Tax Profit | 2,941,000 | 2,665,000 | 1,526,000 | 2,509,927 | 1,669,163 | 1,483,607 | 1,470,616 | ||||||||
| Tax | -384,000 | -355,000 | -284,000 | -460,438 | -318,804 | -280,104 | -281,720 | ||||||||
| Profit After Tax | 2,557,000 | 2,310,000 | 1,242,000 | 2,049,489 | 1,350,359 | 1,203,503 | 1,188,896 | ||||||||
| Dividends Paid | 0 | 0 | 2,105,000 | 21,225 | 77,500 | 115,500 | 91,250 | ||||||||
| Retained Profit | 2,557,000 | 2,310,000 | -863,000 | 2,028,264 | 1,272,859 | 1,088,003 | 1,097,646 | ||||||||
| Employee Costs | 1,477,000 | 1,278,000 | 634,000 | 720,845 | 549,444 | 576,729 | 539,719 | ||||||||
| Number Of Employees | 27 | 29 | 28 | 22 | 22 | 20 | 19 | 21 | |||||||
| EBITDA* | 3,074,000 | 2,763,000 | 1,537,000 | 2,522,273 | 1,687,970 | 1,509,993 | 1,501,793 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 385,000 | 129,000 | 124,000 | 91,344 | 273,336 | 291,630 | 171,636 | 168,183 | 171,621 | 75,776 | 70,968 | 19,445 | 21,903 | 26,548 | 29,626 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 1 | 0 | 101 | 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 | 385,000 | 129,000 | 124,000 | 91,345 | 273,336 | 291,731 | 171,636 | 168,183 | 171,621 | 75,776 | 70,968 | 19,445 | 21,903 | 26,548 | 29,626 |
| Stock & work in progress | 6,799,000 | 9,496,000 | 6,860,000 | 4,289,840 | 3,425,803 | 3,246,953 | 2,413,744 | 1,665,849 | 1,415,410 | 1,338,120 | 675,102 | 645,226 | 670,848 | 168,853 | 86,461 |
| Trade Debtors | 4,334,000 | 3,947,000 | 3,585,000 | 3,723,648 | 1,252,181 | 2,332,546 | 2,169,586 | 1,899,741 | 1,198,813 | 1,183,775 | 799,987 | 683,460 | 564,894 | 436,085 | 317,630 |
| Group Debtors | 5,542,000 | 3,562,000 | 1,796,000 | 2,219,235 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 133,000 | 192,000 | 136,000 | 121,013 | 0 | 13,245 | 69,398 | 18,462 | 9,857 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 1,453,000 | 98,000 | 41,000 | 1,008,806 | 2,498,843 | 1,111,050 | 690,984 | 871,043 | 572,373 | 301,802 | 163,246 | 24,365 | 278,484 | 175,026 | 168,140 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 18,261,000 | 17,295,000 | 12,418,000 | 11,362,542 | 7,270,903 | 6,703,794 | 5,343,712 | 4,455,095 | 3,196,453 | 2,823,697 | 1,638,335 | 1,353,051 | 1,514,226 | 779,964 | 572,231 |
| total assets | 18,646,000 | 17,424,000 | 12,542,000 | 11,453,887 | 7,544,239 | 6,995,525 | 5,515,348 | 4,623,278 | 3,368,074 | 2,899,473 | 1,709,303 | 1,372,496 | 1,536,129 | 806,512 | 601,857 |
| Bank overdraft | 0 | 1,045,000 | 0 | 0 | 0 | 0 | 0 | 7,559 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,620 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,716,000 | 2,746,000 | 2,079,000 | 690,230 | 426,098 | 1,088,069 | 807,782 | 931,811 | 704,341 | 1,396,831 | 731,867 | 709,487 | 918,075 | 521,005 | 415,143 |
| Group/Directors Accounts | 1,062,000 | 1,538,000 | 1,599,000 | 501,298 | 0 | 284 | 80 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 439 | 1,217 | 1,327 | 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 | 3,078,000 | 1,862,000 | 964,000 | 1,499,038 | 0 | 441,238 | 327,158 | 398,143 | 408,591 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 5,856,000 | 7,191,000 | 4,642,000 | 2,690,566 | 809,182 | 1,530,808 | 1,136,347 | 1,343,133 | 1,112,932 | 1,396,831 | 731,867 | 709,487 | 918,075 | 521,005 | 415,143 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 180,000 | 0 | 0 |
| provisions | 28,000 | 28,000 | 5,000 | 5,356 | 0 | 7,875 | 10,162 | 8,952 | 10,051 | 13,131 | 14,048 | 3,759 | 4,164 | 5,039 | 5,867 |
| total long term liabilities | 28,000 | 28,000 | 5,000 | 5,356 | 5,356 | 7,875 | 10,162 | 8,952 | 10,051 | 13,131 | 14,048 | 3,759 | 184,164 | 5,039 | 5,867 |
| total liabilities | 5,884,000 | 7,219,000 | 4,647,000 | 2,695,922 | 814,538 | 1,538,683 | 1,146,509 | 1,352,085 | 1,122,983 | 1,409,962 | 745,915 | 713,246 | 1,102,239 | 526,044 | 421,010 |
| net assets | 12,762,000 | 10,205,000 | 7,895,000 | 8,757,965 | 6,729,701 | 5,456,842 | 4,368,839 | 3,271,193 | 2,245,091 | 1,489,511 | 963,388 | 659,250 | 433,890 | 280,468 | 180,847 |
| total shareholders funds | 12,762,000 | 10,205,000 | 7,895,000 | 8,757,965 | 6,729,701 | 5,456,842 | 4,368,839 | 3,271,193 | 2,245,091 | 1,489,511 | 963,388 | 659,250 | 433,890 | 280,468 | 180,847 |
| Dec 2023 | Dec 2022 | Dec 2021 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 3,005,000 | 2,707,000 | 1,527,000 | 2,509,927 | 1,669,575 | 1,487,083 | 1,471,791 | ||||||||
| Depreciation | 69,000 | 56,000 | 10,000 | 12,346 | 18,395 | 22,910 | 30,002 | 25,712 | 24,115 | 25,258 | 23,657 | 10,298 | 9,845 | 10,121 | 9,874 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -384,000 | -355,000 | -284,000 | -460,438 | -318,804 | -280,104 | -281,720 | ||||||||
| Stock | -2,697,000 | 2,636,000 | 3,434,197 | 864,037 | 178,850 | 833,209 | 747,895 | 250,439 | 77,290 | 663,018 | 29,876 | -25,622 | 501,995 | 82,392 | 86,461 |
| Debtors | 2,308,000 | 2,184,000 | 4,264,819 | 4,811,715 | -1,093,610 | 106,807 | 320,781 | 709,533 | 24,895 | 383,788 | 116,527 | 118,566 | 128,809 | 118,455 | 317,630 |
| Creditors | -1,030,000 | 667,000 | 1,652,902 | 264,132 | -661,971 | 280,287 | -124,029 | 227,470 | -692,490 | 664,964 | 22,380 | -208,588 | 397,070 | 105,862 | 415,143 |
| Accruals and Deferred Income | 1,216,000 | 898,000 | 964,000 | 1,499,038 | -441,238 | 114,080 | -70,985 | -10,448 | 408,591 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 23,000 | 5,000 | 5,356 | -7,875 | -2,287 | 1,210 | -1,099 | -3,080 | -917 | 10,289 | -405 | -875 | -828 | 5,867 |
| Cash flow from operations | 3,265,000 | -824,000 | -3,824,114 | -1,845,391 | 681,953 | -42,407 | |||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -143,562 | -36,700 | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 1 | -101 | 101 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -143,663 | -36,700 | |||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | -5,620 | 5,620 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -476,000 | -61,000 | 1,599,000 | 501,298 | -284 | 204 | 80 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | -439 | -439 | -778 | -110 | 1,327 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -180,000 | 180,000 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -64,000 | -42,000 | -1,000 | 0 | -3,476 | -1,175 | |||||||||
| cash flow from financing | -540,000 | -103,000 | 3,625,860 | 500,859 | -3,382 | -5,388 | |||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 1,355,000 | 57,000 | -2,457,843 | -1,490,037 | 1,387,793 | 420,066 | -180,059 | 298,670 | 270,571 | 138,556 | 138,881 | -254,119 | 103,458 | 6,886 | 168,140 |
| overdraft | -1,045,000 | 1,045,000 | 0 | 0 | 0 | 0 | -7,559 | 7,559 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,400,000 | -988,000 | -2,457,843 | -1,490,037 | 1,387,793 | 420,066 | -172,500 | 291,111 | 270,571 | 138,556 | 138,881 | -254,119 | 103,458 | 6,886 | 168,140 |
securi-flex ltd. Credit Report and Business Information
Securi-flex Ltd. Competitor Analysis
Perform a competitor analysis for securi-flex ltd. by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in BN5 area or any other competitors across 12 key performance metrics.
securi-flex ltd. Ownership
SECURI-FLEX LTD. group structure
Securi-Flex Ltd. has 2 subsidiary companies.
Ultimate parent company
2 parents
SECURI-FLEX LTD.
03758330
2 subsidiaries
securi-flex ltd. directors
Securi-Flex Ltd. currently has 5 directors. The longest serving directors include Mr Stuart Taylor (Apr 1999) and Mr Marcus Orchard (Mar 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stuart Taylor | United Kingdom | 50 years | Apr 1999 | - | Director |
| Mr Marcus Orchard | England | 58 years | Mar 2021 | - | Director |
| Mr Grant Dixon | 42 years | Mar 2021 | - | Director | |
| Ms Marina Bulearca | 37 years | Jan 2022 | - | Director | |
| Mr Samuel Heygate | 33 years | Nov 2022 | - | Director |
P&L
December 2023turnover
22.7m
+8%
operating profit
3m
+11%
gross margin
24.1%
+4.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
12.8m
+0.25%
total assets
18.6m
+0.07%
cash
1.5m
+13.83%
net assets
Total assets minus all liabilities
securi-flex ltd. company details
company number
03758330
Type
Private limited with Share Capital
industry
46900 - Non-specialised wholesale trade
incorporation date
April 1999
age
26
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
MHA
address
unit 6 - 10 mackley ind estate, henfield road, henfield, west sussex, BN5 9XR
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
securi-flex 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 securi-flex ltd.. Currently there are 3 open charges and 2 have been satisfied in the past.
securi-flex 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 SECURI-FLEX LTD.. This can take several minutes, an email will notify you when this has completed.
securi-flex ltd. Companies House Filings - See Documents
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