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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2024-12-31

Confirmation statement due

2026-05-24 (this month)

Last made up 2025-05-10

Watchouts

1 item

Cash

£12K

-0.3% vs 2023

Net assets

£24M

+15.5% vs 2023

Employees

47

+2.2% vs 2023

Profit before tax

£5M

-50.5% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Name history

Renamed 3 times since incorporation

  1. TOPPAN SECURITY LIMITED 2025-02-06 → present
  2. HID CID LIMITED 2020-04-29 → 2025-02-06
  3. ID GLOBAL SOLUTIONS LIMITED 2019-07-12 → 2020-04-29
  4. DE LA RUE IDENTITY SOLUTIONS LIMITED 2019-05-31 → 2019-07-12

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £36,965,735£36,699,774
Operating profit £9,221,223£5,582,683
Profit before tax £9,575,204£4,739,926
Net profit £6,527,150£3,194,787
Cash £11,629£11,594
Total assets less current liabilities £20,966,035£24,019,670
Net assets £20,659,195£23,853,982
Equity £20,659,195£23,853,982
Average employees 4647
Wages £5,412,142£6,427,520

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-31
Operating margin 24.9%15.2%
Net margin 17.7%8.7%
Return on capital employed 44.0%23.2%
Gearing (liabilities / total assets) 45.0%37.9%
Current ratio 1.76x2.29x
Interest cover 976.10x1313.26x

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.

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
Ernst & Young Chartered Accountants
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In assessing whether the going concern assumption is appropriate, the directors have considered all available information up to 31 March 2027. (The company's financial year going forward will be 31 March.) The directors have prepared budgets and cash flow projections up to 31 March 2027 and after making all necessary enquiries, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The Financial Statements have been prepared on a going concern basis.”

Group structure

  1. TOPPAN SECURITY LIMITED · parent
    1. HID Malta Limited 100% · Malta · Security printing
    2. HID IIS Limited (formerly De La Rue Kenya Limited) 100% · Kenya · Security documents
    3. HID Angola LDA 100% · Angola · Maintenance & support services
    4. HID Caribbean Limited 100% · St. Lucia · Maintenance & support services

Significant events

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

People

4 active · 11 resigned

Name Role Appointed Born Nationality
DE VINCELLES, Arnaud Aubert Secretary 2025-01-31
APPELGRYN, André Director 2025-01-31 Mar 1967 South African
MOR, Wei Lin Director 2025-01-31 Aug 1963 Malaysian
TING, Jean-Pierre Director 2025-01-31 Feb 1970 French
Show 11 resigned officers
Name Role Appointed Resigned
HICKMAN, Dominic Richard Bernard, Dr Secretary 2019-05-31 2019-10-14
HIGGINS, Karen Secretary 2019-10-14 2025-01-31
COBB, Andrew Richard Director 2019-05-31 2019-10-14
CRUMLEY, Laura Lynn Director 2019-10-14 2022-02-18
GLASS, Rodney Christopher, Mr. Director 2019-10-14 2022-08-12
LIDEFELT, Björn Einar Director 2020-01-17 2025-01-31
PEPPIATT, Edward Hugh Davidson Director 2019-05-31 2019-10-14
SANDNESS, Craig Darin Director 2024-07-12 2025-01-31
WIDING, Ronnie Stefan, Mr. Director 2019-10-14 2020-01-17
WILLIS, Helen Margaret Director 2019-05-31 2019-10-14
DE LA RUE INTERNATIONAL LIMITED. Corporate Director 2019-05-31 2019-05-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Toppan Security Group Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2025-01-31 Active
Hid Corporation Limited Corporate entity Shares 75–100% 2019-10-14 Ceased 2025-01-31
De La Rue International Limited. Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2019-05-31 Ceased 2019-10-14

Filing timeline

Last 20 of 59 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2025-02-06 RESOLUTIONS Resolution
  • 2025-02-06 CERTNM Certificate change of name company PDF
  • 2025-01-23 RESOLUTIONS Resolution
Date Type Category Description
2026-05-06 PSC05 persons-with-significant-control Change to a person with significant control PDF
2026-01-22 AA01 accounts Change account reference date company current extended PDF
2026-01-03 AA accounts Accounts with accounts type full
2025-06-04 CS01 confirmation-statement Confirmation statement with updates PDF
2025-02-11 AP01 officers Appoint person director company with name date PDF
2025-02-06 RESOLUTIONS resolution Resolution
2025-02-06 CERTNM change-of-name Certificate change of name company PDF
2025-02-05 TM01 officers Termination director company with name termination date PDF
2025-02-05 TM01 officers Termination director company with name termination date PDF
2025-02-05 AP01 officers Appoint person director company with name date PDF
2025-02-05 AP01 officers Appoint person director company with name date PDF
2025-02-05 AP03 officers Appoint person secretary company with name date PDF
2025-02-05 TM02 officers Termination secretary company with name termination date PDF
2025-02-05 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2025-02-05 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-01-23 SH19 capital Capital statement capital company with date currency figure
2025-01-23 RESOLUTIONS resolution Resolution
2025-01-23 CAP-SS insolvency Legacy
2025-01-23 SH20 capital Legacy
2024-10-10 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

last 12 months

Capital events
2

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

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

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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

Official Companies House page