security works limited
security works limited Company Information
Company Number
12594314
Next Accounts
10 days late
Shareholders
mohammad sharjeel bhatti
Group Structure
View All
Industry
Combined facilities support activities
+3Registered Address
bates business centr, the old brickworks, romford, RM3 0JA
Website
securityworksltd.co.uksecurity works limited Estimated Valuation
Pomanda estimates the enterprise value of SECURITY WORKS LIMITED at £113.4k based on a Turnover of £240.1k and 0.47x industry multiple (adjusted for size and gross margin).
security works limited Estimated Valuation
Pomanda estimates the enterprise value of SECURITY WORKS LIMITED at £12.4k based on an EBITDA of £4.2k and a 2.98x industry multiple (adjusted for size and gross margin).
security works limited Estimated Valuation
Pomanda estimates the enterprise value of SECURITY WORKS LIMITED at £60.5k based on Net Assets of £26.5k and 2.28x industry multiple (adjusted for liquidity).
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Security Works Limited Overview
Security Works Limited is a live company located in romford, RM3 0JA with a Companies House number of 12594314. It operates in the other information technology service activities sector, SIC Code 62090. Founded in May 2020, it's largest shareholder is mohammad sharjeel bhatti with a 100% stake. Security Works Limited is a young, micro sized company, Pomanda has estimated its turnover at £240.1k with unknown growth in recent years.
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Security Works Limited Health Check
Pomanda's financial health check has awarded Security Works Limited a 2 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
1 Regular
6 Weak
Size
annual sales of £240.1k, make it smaller than the average company (£7.9m)
- Security Works Limited
£7.9m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Security Works Limited
- - Industry AVG
Production
with a gross margin of 17.4%, this company has a higher cost of product (31%)
- Security Works Limited
31% - Industry AVG
Profitability
an operating margin of 1.7% make it less profitable than the average company (5.7%)
- Security Works Limited
5.7% - Industry AVG
Employees
with 3 employees, this is below the industry average (75)
3 - Security Works Limited
75 - Industry AVG
Pay Structure
on an average salary of £42.8k, the company has an equivalent pay structure (£42.8k)
- Security Works Limited
£42.8k - Industry AVG
Efficiency
resulting in sales per employee of £80k, this is less efficient (£151.1k)
- Security Works Limited
£151.1k - Industry AVG
Debtor Days
it gets paid by customers after 99 days, this is later than average (46 days)
- Security Works Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 35 days, this is slower than average (24 days)
- Security Works Limited
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Security Works Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Security Works 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 (72.2%)
61.1% - Security Works Limited
72.2% - Industry AVG
SECURITY WORKS LIMITED financials
Security Works Limited's latest turnover from May 2023 is estimated at £240.1 thousand and the company has net assets of £26.5 thousand. According to their latest financial statements, Security Works Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | |
|---|---|---|---|
| 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 | 3 | 2 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | |
|---|---|---|---|
| Tangible Assets | 2,658 | 3,127 | |
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 2,658 | 3,127 | |
| Stock & work in progress | |||
| Trade Debtors | 65,423 | 63,366 | 1 |
| Group Debtors | |||
| Misc Debtors | |||
| Cash | |||
| misc current assets | |||
| total current assets | 65,423 | 63,366 | 1 |
| total assets | 68,081 | 66,493 | 1 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 19,095 | 20,628 | |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | |||
| total current liabilities | 19,095 | 20,628 | |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | 22,490 | 22,490 | |
| provisions | |||
| total long term liabilities | 22,490 | 22,490 | |
| total liabilities | 41,585 | 43,118 | |
| net assets | 26,496 | 23,375 | 1 |
| total shareholders funds | 26,496 | 23,375 | 1 |
| May 2023 | May 2022 | May 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | 2,057 | 63,365 | 1 |
| Creditors | -1,533 | 20,628 | |
| Accruals and Deferred Income | |||
| Deferred Taxes & Provisions | |||
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | |||
| Other Short Term Loans | |||
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | 22,490 | ||
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | |||
| overdraft | |||
| change in cash |
security works limited Credit Report and Business Information
Security Works Limited Competitor Analysis
Perform a competitor analysis for security works limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in RM3 area or any other competitors across 12 key performance metrics.
security works limited Ownership
SECURITY WORKS LIMITED group structure
Security Works Limited has no subsidiary companies.
Ultimate parent company
SECURITY WORKS LIMITED
12594314
security works limited directors
Security Works Limited currently has 3 directors. The longest serving directors include Mr Mohammad Bhatti (May 2020) and Mr Mohammad Bhatti (May 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mohammad Bhatti | England | 49 years | May 2020 | - | Director |
| Mr Mohammad Bhatti | England | 49 years | May 2020 | - | Director |
| Mrs Shazia Bhatti | England | 50 years | Jan 2025 | - | Director |
P&L
May 2023turnover
240.1k
+21%
operating profit
4.2k
0%
gross margin
17.5%
+1.92%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
26.5k
+0.13%
total assets
68.1k
+0.02%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
security works limited company details
company number
12594314
Type
Private limited with Share Capital
industry
81100 - Combined facilities support activities
62090 - Other information technology and computer service activities
77110 - Renting and leasing of cars and light motor vehicles
incorporation date
May 2020
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
bates business centr, the old brickworks, romford, RM3 0JA
Bank
-
Legal Advisor
-
security works 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 security works limited.
security works 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.
Click to start generating capital raising & share issue transactions for SECURITY WORKS LIMITED. This can take several minutes, an email will notify you when this has completed.
security works limited Companies House Filings - See Documents
| date | description | view/download |
|---|
