secure solutions services ltd
secure solutions services ltd Company Information
Company Number
04675083
Registered Address
unit 1, office 1, tower lane business park, warmley, bristol, BS30 8XT
Industry
Security systems service activities
Maintenance and repair of motor vehicles
Telephone
01179676267
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
mrs crocetta giuseppina genuardi 50%
mr giulio genuardi 50%
secure solutions services ltd Estimated Valuation
Pomanda estimates the enterprise value of SECURE SOLUTIONS SERVICES LTD at £127.2k based on a Turnover of £386.7k and 0.33x industry multiple (adjusted for size and gross margin).
secure solutions services ltd Estimated Valuation
Pomanda estimates the enterprise value of SECURE SOLUTIONS SERVICES LTD at £0 based on an EBITDA of £-34.8k and a 3.59x industry multiple (adjusted for size and gross margin).
secure solutions services ltd Estimated Valuation
Pomanda estimates the enterprise value of SECURE SOLUTIONS SERVICES LTD at £112.4k based on Net Assets of £165.4k and 0.68x industry multiple (adjusted for liquidity).
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Secure Solutions Services Ltd Overview
Secure Solutions Services Ltd is a live company located in warmley, BS30 8XT with a Companies House number of 04675083. It operates in the maintenance and repair of motor vehicles sector, SIC Code 45200. Founded in February 2003, it's largest shareholder is mrs crocetta giuseppina genuardi with a 50% stake. Secure Solutions Services Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £386.7k with healthy growth in recent years.
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Secure Solutions Services Ltd Health Check
Pomanda's financial health check has awarded Secure Solutions Services Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £386.7k, make it smaller than the average company (£952.4k)
- Secure Solutions Services Ltd
£952.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (3.8%)
- Secure Solutions Services Ltd
3.8% - Industry AVG
Production
with a gross margin of 35.8%, this company has a comparable cost of product (35.8%)
- Secure Solutions Services Ltd
35.8% - Industry AVG
Profitability
an operating margin of -12.7% make it less profitable than the average company (6.1%)
- Secure Solutions Services Ltd
6.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (14)
2 - Secure Solutions Services Ltd
14 - Industry AVG
Pay Structure
on an average salary of £30k, the company has an equivalent pay structure (£30k)
- Secure Solutions Services Ltd
£30k - Industry AVG
Efficiency
resulting in sales per employee of £193.3k, this is more efficient (£90.9k)
- Secure Solutions Services Ltd
£90.9k - Industry AVG
Debtor Days
it gets paid by customers after 18 days, this is earlier than average (51 days)
- Secure Solutions Services Ltd
51 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Secure Solutions Services Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 197 days, this is more than average (22 days)
- Secure Solutions Services Ltd
22 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (13 weeks)
9 weeks - Secure Solutions Services Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 17.9%, this is a lower level of debt than the average (64.8%)
17.9% - Secure Solutions Services Ltd
64.8% - Industry AVG
SECURE SOLUTIONS SERVICES LTD financials
Secure Solutions Services Ltd's latest turnover from February 2023 is estimated at £386.7 thousand and the company has net assets of £165.4 thousand. According to their latest financial statements, Secure Solutions Services Ltd has 2 employees and maintains cash reserves of £4.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 2 | 2 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 37,820 | 51,976 | 12,191 | 21,836 | 32,004 | 9,905 | 9,189 | 16,853 | 24,549 | 8,648 | 17,835 | 22,552 | 35,192 | 16,903 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,540 | 3,080 | 4,620 |
| Investments & Other | 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 |
| Total Fixed Assets | 37,820 | 51,976 | 12,191 | 21,836 | 32,004 | 9,905 | 9,189 | 16,853 | 24,549 | 8,648 | 17,835 | 24,092 | 38,272 | 21,523 |
| Stock & work in progress | 134,747 | 129,064 | 116,271 | 89,294 | 79,720 | 61,592 | 49,711 | 36,263 | 15,079 | 3,500 | 3,875 | 6,886 | 17,700 | 10,992 |
| Trade Debtors | 19,272 | 36,758 | 24,102 | 43,000 | 17,498 | 14,508 | 28,318 | 2,414 | 18,488 | 39,869 | 64,523 | 13,231 | 39,188 | 39,895 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 5,482 | 38,311 | 44,846 | 562 | 350 | 1,146 | 284 | 1,284 | 0 | 0 | 0 | 43,467 | 43,466 | 0 |
| Cash | 4,072 | 16,430 | 1,088 | 1,285 | 575 | 1,685 | 0 | 0 | 4,353 | 181 | 8,004 | 37,689 | 5,136 | 872 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 163,573 | 220,563 | 186,307 | 134,141 | 98,143 | 78,931 | 78,313 | 39,961 | 37,920 | 43,550 | 76,402 | 101,273 | 105,490 | 51,759 |
| total assets | 201,393 | 272,539 | 198,498 | 155,977 | 130,147 | 88,836 | 87,502 | 56,814 | 62,469 | 52,198 | 94,237 | 125,365 | 143,762 | 73,282 |
| Bank overdraft | 0 | 0 | 9,563 | 0 | 0 | 0 | 60 | 9,527 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 3,240 | 840 | 0 | 0 | 420 | 0 | 52,420 | 10,766 | 24,433 | 30,149 | 34,874 | 25,477 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17,736 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 6,070 | 6,069 | 0 | 3,555 | 3,624 | 0 | 6,600 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 15,578 | 31,427 | 38,408 | 71,118 | 112,210 | 90,955 | 100,243 | 70,656 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 21,648 | 37,496 | 51,211 | 75,513 | 115,834 | 90,955 | 107,323 | 80,183 | 52,420 | 10,766 | 24,433 | 30,149 | 34,874 | 43,213 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 13,064 | 19,133 | 0 | 9,563 | 13,004 | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9,266 | 0 | 0 | 9,188 | 12,194 | 0 |
| provisions | 1,305 | 1,670 | 933 | 970 | 1,117 | 1,954 | 492 | 736 | 737 | 2,498 | 969 | 1,293 | 2,499 | 3,066 |
| total long term liabilities | 14,369 | 20,803 | 933 | 10,533 | 14,121 | 1,954 | 492 | 736 | 10,003 | 2,498 | 969 | 10,481 | 14,693 | 3,066 |
| total liabilities | 36,017 | 58,299 | 52,144 | 86,046 | 129,955 | 92,909 | 107,815 | 80,919 | 62,423 | 13,264 | 25,402 | 40,630 | 49,567 | 46,279 |
| net assets | 165,376 | 214,240 | 146,354 | 69,931 | 192 | -4,073 | -20,313 | -24,105 | 46 | 38,934 | 68,835 | 84,735 | 94,195 | 27,003 |
| total shareholders funds | 165,376 | 214,240 | 146,354 | 69,931 | 192 | -4,073 | -20,313 | -24,105 | 46 | 38,934 | 68,835 | 84,735 | 94,195 | 27,003 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 14,522 | 4,033 | 11,078 | 11,148 | 8,824 | 3,306 | 7,880 | 8,177 | 8,570 | 7,371 | 5,952 | 7,519 | 7,648 | 5,634 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,540 | 890 | 1,540 | 1,540 |
| Tax | ||||||||||||||
| Stock | 5,683 | 12,793 | 26,977 | 9,574 | 18,128 | 11,881 | 13,448 | 21,184 | 11,579 | -375 | -3,011 | -10,814 | 6,708 | 10,992 |
| Debtors | -50,315 | 6,121 | 25,386 | 25,714 | 2,194 | -12,948 | 24,904 | -14,790 | -21,381 | -24,654 | 7,825 | -25,956 | 42,759 | 39,895 |
| Creditors | 0 | -3,240 | 2,400 | 840 | 0 | -420 | 420 | -52,420 | 41,654 | -13,667 | -5,716 | -4,725 | 9,397 | 25,477 |
| Accruals and Deferred Income | -15,849 | -6,981 | -32,710 | -41,092 | 21,255 | -9,288 | 29,587 | 70,656 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -365 | 737 | -37 | -147 | -837 | 1,462 | -244 | -1 | -1,761 | 1,529 | -324 | -1,206 | -567 | 3,066 |
| 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 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 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 | -17,736 | 17,736 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | -6,068 | 25,202 | -13,118 | -3,510 | 16,628 | -6,600 | 6,600 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9,266 | 9,266 | 0 | -9,188 | -3,006 | 12,194 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -12,358 | 15,342 | -197 | 710 | -1,110 | 1,685 | 0 | -4,353 | 4,172 | -7,823 | -29,685 | 32,553 | 4,264 | 872 |
| overdraft | 0 | -9,563 | 9,563 | 0 | 0 | -60 | -9,467 | 9,527 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -12,358 | 24,905 | -9,760 | 710 | -1,110 | 1,745 | 9,467 | -13,880 | 4,172 | -7,823 | -29,685 | 32,553 | 4,264 | 872 |
secure solutions services ltd Credit Report and Business Information
Secure Solutions Services Ltd Competitor Analysis
Perform a competitor analysis for secure solutions services ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in BS30 area or any other competitors across 12 key performance metrics.
secure solutions services ltd Ownership
SECURE SOLUTIONS SERVICES LTD group structure
Secure Solutions Services Ltd has no subsidiary companies.
Ultimate parent company
SECURE SOLUTIONS SERVICES LTD
04675083
secure solutions services ltd directors
Secure Solutions Services Ltd currently has 2 directors. The longest serving directors include Mr Giulio Genuardi (Feb 2003) and Mrs Crocetta Genuardi (Feb 2003).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Giulio Genuardi | 52 years | Feb 2003 | - | Director | |
| Mrs Crocetta Genuardi | England | 50 years | Feb 2003 | - | Director |
P&L
February 2023turnover
386.7k
-18%
operating profit
-49.3k
0%
gross margin
35.8%
+0.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
165.4k
-0.23%
total assets
201.4k
-0.26%
cash
4.1k
-0.75%
net assets
Total assets minus all liabilities
secure solutions services ltd company details
company number
04675083
Type
Private limited with Share Capital
industry
80200 - Security systems service activities
45200 - Maintenance and repair of motor vehicles
incorporation date
February 2003
age
21
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
February 2023
address
unit 1, office 1, tower lane business park, warmley, bristol, BS30 8XT
accountant
ROSS & PARTNERS (BRISTOL) LIMITED
auditor
-
secure solutions services 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 did not find charges/mortgages relating to secure solutions services ltd.
secure solutions services ltd Companies House Filings - See Documents
| date | description | view/download |
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