SECURITAS TECHNOLOGY LIMITED

1. SECURITAS TECHNOLOGY LIMITED 2023-03-15 → present
2. STANLEY SECURITY SOLUTIONS LIMITED 2005-12-29 → 2023-03-15
3. BLICK U.K. LIMITED 1998-09-02 → 2005-12-29
4. BLICK NATIONAL LIMITED 1998-01-01 → 1998-09-02
5. BLICK TIME SYSTEMS LIMITED 1987-12-02 → 1998-01-01
6. BLICK INTERNATIONAL SYSTEMS LIMITED 1978-12-31 → 1987-12-02
7. BLICK TIME RECORDERS,LIMITED 1922-05-06 → 1978-12-31

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. The company has made an operating profit for the year of 870,000. The company however has a net current liability position of 18,720,000. As a result of the net current liabilities the directors have sought and obtained written confirmation from the current ultimate parent undertaking, Securitas AB, that they will provide the necessary financial resources to enable the company to meet its financial liabilities for a period until 31 December 2026. The funding is limited to a maximum amount sufficient to cover the forecasted cash shortfall in the worst-case scenario. The directors are satisfied that based on the latest Group financial statements of Securitas AB, it has sufficient resources and the ability to provide this support, should it be required.”

Group structure

1. SECURITAS TECHNOLOGY LIMITED · parent
   1. Christie Intruder Alarms Limited 100% · UK · Security services
   2. Southern Monitoring Services Limited 100% · UK · Security services
   3. Securitas Technology (NI) Limited 100% · UK · Security services

Significant events

• “On 31 October 2024, the trade and assets of Southern Monitoring Services Limited ("SMSL"), a wholly owned subsidiary of the Company, were purchased by a sister company, Securitas Security Services (UK) Limited for their book value of 5,826,021. Subsequent to this SMSL paid a dividend to the Company of 5,826,000 reducing the net assets of SMSL to 0.”
• “Following the receipt of the dividend income the carrying value of the Company's investment in SMSL was impaired to 0 resulting in an impairment charge of 12,488,178 being recognised.”
• “On 31 January 2025, the trade and assets of Christie Intruder Alarms Limited (CIAL) was purchased by the Company for consideration of 4,011,331. The valuation of the trade and assets was carried out at book value as of 30 January 2025. Value of the investment in CIAL was held at a book value of 6,043,872.”
• “As a result of this transaction, the directors note that the investment held at the balance sheet date should be impaired to the value of the transaction and as a result an impairment charge of 2,032,541 has been made against the value of the investment.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -15.1%

  £45,714,000 → £38,805,000

• Cash

  —

  Not reported

• Net assets

  -457.6%

  -£2,248,000 → -£12,535,000

• Employees

  +3.9%

  363 → 377

• Operating profit

  +154.7%

  -£1,591,000 → £870,000

• Profit before tax

  -152%

  -£4,538,000 → -£11,434,000

• Wages

  -1.2%

  £15,266,000 → £15,077,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers