SPY ALARMS LIMITED

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

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In undertaking this assessment, the directors have given due consideration to the Company and Group's banking facilities, historical and current trading, together with the forward-looking projections. These forecasts have been prepared based on the current economic conditions and show that the Group will continue to be cash generative. These forecasts also show that their will continue to be sufficient headroom available on all current banking facility financial covenants. The Company remains reliant on the support of the wider Group and has obtained a support letters from Spyder Holdco Limited, the ultimate parent company that this support will continue for at least 12 months from the approval of these financial statements. Thus, the directors continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Group structure

1. SPY ALARMS LIMITED · parent
   1. A.D.L Security Services Limited 1% · England and Wales · Dormant
   2. Harris and Sandford Security Limited 1% · England and Wales · Dormant
   3. Crozet Alarms Limited 1% · England and Wales · Dormant
   4. Master Alarms Limited 1% · England and Wales · Dormant
   5. APT Security Limited 1% · England and Wales · Dormant
   6. Impulse Security Systems Limited 1% · England and Wales · Dormant
   7. Impulse Maintenance Systems Limited 1% · England and Wales · Dormant
   8. Impulse Fire & Security Limited 1% · England and Wales · Dormant
   9. AM Security Limited 1% · England and Wales · Dormant
   10. AM Fire & Security Limited 1% · England and Wales · Dormant
   11. Octagon Limited 1% · England and Wales · Dormant
   12. Red Alert Limited 1% · England and Wales · Dormant
   13. Guardian Alarms Limited 1% · England and Wales · Dormant
   14. Brook Security Limited 1% · England and Wales · Dormant
   15. Hunter Security Limited 1% · England and Wales · Dormant
   16. Eurotech Security Systems Limited 1% · England and Wales · Dormant

Significant events

• “In total two acquisitions were completed in the current financial year.”
• “On 30 April 2025 the Company acquired the entire share capital of Hunter Security Limited.”
• “On 12 May 2025 the Company acquired the entire share capital of Eurotech Security Systems Limited.”
• “On 13 October 2025 the trade and assets of two fellow group companies; Fire Action Limited and Firelec Controls Limited were transferred into this Company at Net Book Value. Since this date they have operated as trading brands with the Company.”
• “On the same day a parcel of contracts that did not match the core focus of the Company were disposed for gross proceeds of £770,000.”

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

0

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  +12%

  £17,343,898 → £19,429,482

• Cash

  -63.9%

  £471,500 → £170,179

• Net assets

  -2,343.7%

  -£89,075 → -£2,176,684

• Employees

  +16.8%

  185 → 216

• Operating profit

  -75.7%

  -£994,813 → -£1,747,668

• Profit before tax

  -75.4%

  -£998,518 → -£1,750,955

• Wages

  +18.4%

  £6,415,834 → £7,594,615

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