TOPPAN SECURITY LIMITED
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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
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
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 3 times since incorporation
- TOPPAN SECURITY LIMITED 2025-02-06 → present
- HID CID LIMITED 2020-04-29 → 2025-02-06
- ID GLOBAL SOLUTIONS LIMITED 2019-07-12 → 2020-04-29
- DE LA RUE IDENTITY SOLUTIONS LIMITED 2019-05-31 → 2019-07-12
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| 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 | 46 | 47 | |
| 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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| 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 | 1.76x | 2.29x | |
| Interest cover | 976.10x | 1313.26x |
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
- TOPPAN SECURITY LIMITED · parent
- HID Malta Limited 100%
- HID IIS Limited (formerly De La Rue Kenya Limited) 100%
- HID Angola LDA 100%
- HID Caribbean Limited 100%
Significant events
- “On 31 January 2025, the shares of the Company were purchased by Toppan Global Security Limited, resulting in a change to both the immediate and ultimate parent of the entity. No changes to the operations of the entity are expected as part of the change in ownership structure.”
- “On 6 February 2025, the company name was changed from HID CID Limited to Toppan Security Limited.”
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 | |
| 2026-01-22 | AA01 | accounts | Change account reference date company current extended | |
| 2026-01-03 | AA | accounts | Accounts with accounts type full | |
| 2025-06-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-02-11 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-06 | RESOLUTIONS | resolution | Resolution | |
| 2025-02-06 | CERTNM | change-of-name | Certificate change of name company | |
| 2025-02-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-05 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-05 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-05 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-05 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-02-05 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-02-05 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-02-05 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 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
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
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
-
Turnover
-0.7%
£36,965,735 £36,699,774
-
Cash
-0.3%
£11,629 £11,594
-
Net assets
+15.5%
£20,659,195 £23,853,982
-
Employees
+2.2%
46 47
-
Operating profit
-39.5%
£9,221,223 £5,582,683
-
Profit before tax
-50.5%
£9,575,204 £4,739,926
-
Wages
+18.8%
£5,412,142 £6,427,520
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