secure systems installations limited Company Information
Company Number
05338214
Website
-Registered Address
155 a church lane, braintree, CM7 5SB
Industry
Security systems service activities
Telephone
01376345958
Next Accounts Due
December 2025
Group Structure
View All
Shareholders
paul nield 51%
rennie nield 49%
secure systems installations limited Estimated Valuation
Pomanda estimates the enterprise value of SECURE SYSTEMS INSTALLATIONS LIMITED at £107.2k based on a Turnover of £328.8k and 0.33x industry multiple (adjusted for size and gross margin).
secure systems installations limited Estimated Valuation
Pomanda estimates the enterprise value of SECURE SYSTEMS INSTALLATIONS LIMITED at £0 based on an EBITDA of £-30.7k and a 2.99x industry multiple (adjusted for size and gross margin).
secure systems installations limited Estimated Valuation
Pomanda estimates the enterprise value of SECURE SYSTEMS INSTALLATIONS LIMITED at £270.8k based on Net Assets of £115.3k and 2.35x industry multiple (adjusted for liquidity).
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Secure Systems Installations Limited Overview
Secure Systems Installations Limited is a live company located in braintree, CM7 5SB with a Companies House number of 05338214. It operates in the security systems service activities sector, SIC Code 80200. Founded in January 2005, it's largest shareholder is paul nield with a 51% stake. Secure Systems Installations Limited is a established, micro sized company, Pomanda has estimated its turnover at £328.8k with declining growth in recent years.
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Secure Systems Installations Limited Health Check
Pomanda's financial health check has awarded Secure Systems Installations Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
6 Weak
Size
annual sales of £328.8k, make it smaller than the average company (£2.1m)
- Secure Systems Installations Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (8.9%)
- Secure Systems Installations Limited
8.9% - Industry AVG
Production
with a gross margin of 26.1%, this company has a higher cost of product (36%)
- Secure Systems Installations Limited
36% - Industry AVG
Profitability
an operating margin of -9.3% make it less profitable than the average company (6.1%)
- Secure Systems Installations Limited
6.1% - Industry AVG
Employees
with 2 employees, this is below the industry average (19)
2 - Secure Systems Installations Limited
19 - Industry AVG
Pay Structure
on an average salary of £38.3k, the company has an equivalent pay structure (£38.3k)
- Secure Systems Installations Limited
£38.3k - Industry AVG
Efficiency
resulting in sales per employee of £164.4k, this is more efficient (£105.7k)
- Secure Systems Installations Limited
£105.7k - Industry AVG
Debtor Days
it gets paid by customers after 168 days, this is later than average (68 days)
- Secure Systems Installations Limited
68 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is close to average (43 days)
- Secure Systems Installations Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Secure Systems Installations Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Secure Systems Installations Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 28.7%, this is a lower level of debt than the average (68%)
28.7% - Secure Systems Installations Limited
68% - Industry AVG
SECURE SYSTEMS INSTALLATIONS LIMITED financials
Secure Systems Installations Limited's latest turnover from March 2024 is estimated at £328.8 thousand and the company has net assets of £115.3 thousand. According to their latest financial statements, Secure Systems Installations Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 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 | 3 | 3 | 3 | 3 | 4 | 6 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 9,897 | 15,394 | 7,109 | 9,487 | 11,328 | 13,799 | 17,208 | 11,666 | 7,319 | 9,580 | 11,807 | 15,323 | 26,100 | 21,450 | 2,156 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13,500 | 15,000 | 16,500 | 18,000 | 19,500 | 21,000 | 22,500 |
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 | 9,897 | 15,394 | 7,109 | 9,487 | 11,328 | 13,799 | 17,208 | 11,666 | 20,819 | 24,580 | 28,307 | 33,323 | 45,600 | 42,450 | 24,656 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,357 |
Trade Debtors | 151,750 | 269,307 | 140,666 | 136,940 | 118,568 | 138,922 | 102,270 | 87,295 | 55,284 | 38,496 | 40,392 | 32,772 | 44,384 | 29,292 | 39,504 |
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 | 0 | 32,630 | 24,323 | 21,338 | 11,269 | 21,002 | 20,152 | 20,231 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 151,750 | 269,307 | 140,666 | 136,940 | 118,568 | 138,922 | 102,270 | 87,295 | 87,914 | 62,819 | 61,730 | 44,041 | 65,386 | 49,444 | 62,092 |
total assets | 161,647 | 284,701 | 147,775 | 146,427 | 129,896 | 152,721 | 119,478 | 98,961 | 108,733 | 87,399 | 90,037 | 77,364 | 110,986 | 91,894 | 86,748 |
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 | 28,784 | 108,638 | 43,311 | 27,161 | 49,967 | 62,867 | 43,714 | 42,756 | 49,802 | 39,588 | 45,986 | 36,410 | 47,502 | 25,302 | 27,886 |
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 | 28,784 | 108,638 | 43,311 | 27,161 | 49,967 | 62,867 | 43,714 | 42,756 | 49,802 | 39,588 | 45,986 | 36,410 | 47,502 | 25,302 | 27,886 |
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 | 17,565 | 30,102 | 33,333 | 50,000 | 643 | 5,044 | 10,055 | 6,706 | 0 | 0 | 2,660 | 8,326 | 20,120 | 17,740 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,464 | 1,916 | 2,361 | 3,065 | 5,067 | 4,099 | 202 |
total long term liabilities | 17,565 | 30,102 | 33,333 | 50,000 | 643 | 5,044 | 10,055 | 6,706 | 1,464 | 1,916 | 5,021 | 11,391 | 25,187 | 21,839 | 202 |
total liabilities | 46,349 | 138,740 | 76,644 | 77,161 | 50,610 | 67,911 | 53,769 | 49,462 | 51,266 | 41,504 | 51,007 | 47,801 | 72,689 | 47,141 | 28,088 |
net assets | 115,298 | 145,961 | 71,131 | 69,266 | 79,286 | 84,810 | 65,709 | 49,499 | 57,467 | 45,895 | 39,030 | 29,563 | 38,297 | 44,753 | 58,660 |
total shareholders funds | 115,298 | 145,961 | 71,131 | 69,266 | 79,286 | 84,810 | 65,709 | 49,499 | 57,467 | 45,895 | 39,030 | 29,563 | 38,297 | 44,753 | 58,660 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 2,444 | 3,196 | 3,940 | 5,114 | 8,701 | 7,151 | 719 | ||||||||
Amortisation | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | ||||||||
Tax | |||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,357 | 2,357 |
Debtors | -117,557 | 128,641 | 3,726 | 18,372 | -20,354 | 36,652 | 14,975 | 32,011 | 16,788 | -1,896 | 7,620 | -11,612 | 15,092 | -10,212 | 39,504 |
Creditors | -79,854 | 65,327 | 16,150 | -22,806 | -12,900 | 19,153 | 958 | -7,046 | 10,214 | -6,398 | 9,576 | -11,092 | 22,200 | -2,584 | 27,886 |
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 | -1,464 | -452 | -445 | -704 | -2,002 | 968 | 3,897 | 202 |
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 | -12,537 | -3,231 | -16,667 | 49,357 | -4,401 | -5,011 | 3,349 | 6,706 | 0 | -2,660 | -5,666 | -11,794 | 2,380 | 17,740 | 0 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -32,630 | 8,307 | 2,985 | 10,069 | -9,733 | 850 | -79 | 20,231 |
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 | 0 | -32,630 | 8,307 | 2,985 | 10,069 | -9,733 | 850 | -79 | 20,231 |
secure systems installations limited Credit Report and Business Information
Secure Systems Installations Limited Competitor Analysis
Perform a competitor analysis for secure systems installations limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in CM7 area or any other competitors across 12 key performance metrics.
secure systems installations limited Ownership
SECURE SYSTEMS INSTALLATIONS LIMITED group structure
Secure Systems Installations Limited has no subsidiary companies.
Ultimate parent company
SECURE SYSTEMS INSTALLATIONS LIMITED
05338214
secure systems installations limited directors
Secure Systems Installations Limited currently has 2 directors. The longest serving directors include Mr Paul Nield (Jan 2005) and Rennie Nield (Jan 2016).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Paul Nield | England | 57 years | Jan 2005 | - | Director |
Rennie Nield | England | 58 years | Jan 2016 | - | Director |
P&L
March 2024turnover
328.8k
-47%
operating profit
-30.7k
0%
gross margin
26.1%
+3.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
115.3k
-0.21%
total assets
161.6k
-0.43%
cash
0
0%
net assets
Total assets minus all liabilities
secure systems installations limited company details
company number
05338214
Type
Private limited with Share Capital
industry
80200 - Security systems service activities
incorporation date
January 2005
age
19
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
155 a church lane, braintree, CM7 5SB
Bank
-
Legal Advisor
-
secure systems installations 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 did not find charges/mortgages relating to secure systems installations limited.
secure systems installations limited Companies House Filings - See Documents
date | description | view/download |
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