Pomanda estimates the enterprise value of SECURE RISK LIMITED at £49k based on a Turnover of £124.4k and 0.39x industry multiple (adjusted for size and gross margin).
secure risk limitedEstimated Valuation
£76.8k
Pomanda estimates the enterprise value of SECURE RISK LIMITED at £76.8k based on an EBITDA of £23.4k and a 3.28x industry multiple (adjusted for size and gross margin).
secure risk limitedEstimated Valuation
£30.3k
Pomanda estimates the enterprise value of SECURE RISK LIMITED at £30.3k based on Net Assets of £15.5k and 1.95x industry multiple (adjusted for liquidity).
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Secure Risk LimitedOverview
Secure Risk Limited is a live company located in greater manchester, M27 9XQ with a Companies House number of 08413406. It operates in the private security activities sector, SIC Code 80100. Founded in February 2013, it's largest shareholder is
elaine hardy
with a 50% stake. Secure Risk Limited is a established,
micro sized company, Pomanda has estimated its turnover at
£124.4k with
rapid
growth in recent years.
Pomanda's financial health check has awarded Secure Risk Limited 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
Health Rating4out of 5
4 Strong
1 Regular
5 Weak
Size
annual sales of £124.4k, make it smaller than the average company (£4.3m)
£124.4k - Secure Risk Limited
£4.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 46%, show it is growing at a faster rate (7.9%)
46% - Secure Risk Limited
7.9% - Industry AVG
Production
with a gross margin of 14.3%, this company has a higher cost of product (22.8%)
14.3% - Secure Risk Limited
22.8% - Industry AVG
Profitability
an operating margin of 18.8% make it more profitable than the average company (3.4%)
18.8% - Secure Risk Limited
3.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (71)
1 - Secure Risk Limited
71 - Industry AVG
Pay Structure
on an average salary of £31.8k, the company has an equivalent pay structure (£31.8k)
£31.8k - Secure Risk Limited
£31.8k - Industry AVG
Efficiency
resulting in sales per employee of £124.4k, this is more efficient (£53k)
£124.4k - Secure Risk Limited
£53k - Industry AVG
Debtor Days
it gets paid by customers after 109 days, this is later than average (49 days)
109 days - Secure Risk Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (20 days)
3 days - Secure Risk Limited
20 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Secure Risk Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Secure Risk Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.1%, this is a lower level of debt than the average (69.2%)
61.1% - Secure Risk Limited
69.2% - Industry AVG
SECURE RISK LIMITED financials
EXPORT
Secure Risk Limited's latest turnover from March 2024 is estimated at £124.4 thousand and the company has net assets of £15.5 thousand. According to their latest financial statements, we estimate that Secure Risk Limited has 1 employee 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
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Turnover
124,405
42,650
79,737
40,100
53,325
87,726
438,587
290,632
211,539
131,308
92,736
Other Income Or Grants
Cost Of Sales
106,599
36,708
69,857
35,195
46,388
76,300
381,557
251,560
183,106
112,484
79,034
Gross Profit
17,806
5,942
9,880
4,905
6,937
11,425
57,030
39,072
28,434
18,823
13,702
Admin Expenses
-5,609
11,884
2,985
-10,878
19,699
44,757
42,116
23,906
20,683
20,813
9,718
Operating Profit
23,415
-5,942
6,895
15,783
-12,762
-33,332
14,914
15,166
7,751
-1,990
3,984
Interest Payable
Interest Receivable
32
89
33
8
Pre-Tax Profit
23,415
-5,942
6,895
15,783
-12,762
-33,332
14,914
15,198
7,840
-1,957
3,992
Tax
-5,854
-1,310
-2,999
-2,834
-3,039
-1,568
-918
Profit After Tax
17,561
-5,942
5,585
12,784
-12,762
-33,332
12,080
12,158
6,272
-1,957
3,074
Dividends Paid
Retained Profit
17,561
-5,942
5,585
12,784
-12,762
-33,332
12,080
12,158
6,272
-1,957
3,074
Employee Costs
31,797
28,846
26,860
25,433
71,826
76,122
127,172
72,416
85,704
63,102
42,822
Number Of Employees
1
1
1
1
3
3
5
3
4
3
2
EBITDA*
23,415
-5,942
6,895
15,783
-12,762
-33,332
14,914
15,166
11,691
-1,379
3,984
* 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
Tangible Assets
2,571
3,214
4,018
5,022
6,277
7,846
9,807
13,077
14,723
1,239
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
2,571
3,214
4,018
5,022
6,277
7,846
9,807
13,077
14,723
1,239
Stock & work in progress
2,700
2,440
9,000
Trade Debtors
37,367
8,703
16,912
9,277
2,167
15,750
80,484
51,534
15,504
16,898
9,805
Group Debtors
Misc Debtors
Cash
25,528
10,163
3,199
misc current assets
total current assets
37,367
8,703
16,912
9,277
2,167
15,750
80,484
51,534
43,732
29,501
22,004
total assets
39,938
11,917
20,930
14,299
8,444
23,596
90,291
64,611
58,455
30,740
22,004
Bank overdraft
Bank loan
Trade Creditors
937
6,207
9,278
5,033
16,212
14,675
58,664
40,731
51,064
29,622
18,929
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
937
6,207
9,278
5,033
16,212
14,675
58,664
40,731
51,064
29,622
18,929
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
23,480
7,750
7,750
10,949
3,927
4,333
provisions
6,699
6,699
total long term liabilities
23,480
7,750
7,750
10,949
6,699
10,626
4,333
total liabilities
24,417
13,957
17,028
15,982
22,911
25,301
58,664
45,064
51,064
29,622
18,929
net assets
15,521
-2,040
3,902
-1,683
-14,467
-1,705
31,627
19,547
7,391
1,118
3,075
total shareholders funds
15,521
-2,040
3,902
-1,683
-14,467
-1,705
31,627
19,547
7,391
1,118
3,075
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Operating Activities
Operating Profit
23,415
-5,942
6,895
15,783
-12,762
-33,332
14,914
15,166
7,751
-1,990
3,984
Depreciation
3,940
611
Amortisation
Tax
-5,854
-1,310
-2,999
-2,834
-3,039
-1,568
-918
Stock
-2,700
260
-6,560
9,000
Debtors
28,664
-8,209
7,635
7,110
-13,583
-64,734
28,950
36,030
-1,394
7,093
9,805
Creditors
-5,270
-3,071
4,245
-11,179
1,537
-43,989
17,933
-10,333
21,442
10,693
18,929
Accruals and Deferred Income
Deferred Taxes & Provisions
-6,699
6,699
Cash flow from operations
-16,373
-804
2,195
-12,204
2,358
-5,888
1,063
-31,536
32,699
8,781
3,190
Investing Activities
capital expenditure
643
804
1,004
1,255
1,569
1,961
3,270
1,646
-17,424
-1,850
Change in Investments
cash flow from investments
643
804
1,004
1,255
1,569
1,961
3,270
1,646
-17,424
-1,850
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
15,730
-3,199
10,949
-3,927
3,927
-4,333
4,333
share issue
-2
1
1
interest
32
89
33
8
cash flow from financing
15,730
-3,199
10,949
-3,927
3,927
-4,333
4,363
90
33
9
cash and cash equivalents
cash
-25,528
15,365
6,964
3,199
overdraft
change in cash
-25,528
15,365
6,964
3,199
secure risk limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for secure risk limited. Get real-time insights into secure risk limited's credit score, group structure and payment trends.
Perform a competitor analysis for secure risk limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in M27 area or any other competitors across 12 key performance metrics.
secure risk limited Ownership
SECURE RISK LIMITED group structure
Secure Risk Limited has no subsidiary companies.
Ultimate parent company
SECURE RISK LIMITED
08413406
SECURE RISK LIMITED Shareholders
The largest shareholders in Secure Risk Limited include Elaine Hardy and Brent Hardy.
elaine hardy
50%
brent hardy
50%
secure risk limited directors
Secure Risk Limited currently has 2 directors.
The longest serving directors include
Mr Brent Hardy (Feb 2013) and
Mrs Elaine Hardy (Apr 2015).
10 york avenue, manchester, greater manchester, M27 9XQ
Bank
-
Legal Advisor
-
secure risk 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 risk limited.
secure risk limited 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.
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secure risk limitedCompanies House Filings - See Documents
