Cqr Security Limited

Cqr Security Ltd, based in Sheffield, UK, is a sizable company operating as a holding entity with an active status. Established 20 years ago in 2004, it employs 45 people and boasts assets of £6,636,000. While it has a registered address, it's likely a virtual one, as twelve companies share the same location. The company is managed by six directors and has one owner, and enjoys a stellar 5.0 Google rating based on four reviews. Cqr Security is a regular importer and exporter of electrical machinery and equipment, with 112 months of import activity and 156 months of export activity recorded.

The company's website showcases a diverse range of security solutions, primarily focused on intrusion detection, access control, and fire safety. It’s clear that Cqr Security isn’t just a distributor; it manufactures and factors its own products, including magnetic contacts, panic buttons, and sounders. A key element is the Deedlock brand, specializing in access control solutions, and Securefast, offering mechanical hardware. The website also highlights a partnership with Fike Twinflex systems for fire safety. The site's structure suggests a B2B focus, catering to commercial and industrial clients. It doesn't appear to be an e-commerce site, but rather a catalogue and information portal for security professionals.

Financially, Cqr Security Ltd's report reveals some concerning trends. While revenue increased by 28% to £7.7 million, net assets only grew by 6.5% to £2.8 million. Bank borrowings have increased by 22% to £1.2 million, and cash reserves have only risen by 21% to £320,000. Creditors have also increased by 87% to £4.6 million, which is a significant jump. The company’s size (meeting two of three criteria for a large company) suggests it’s operating at a scale where growth is possible, but the increase in debt and creditors raises questions about its financial health. The company’s auditors, Hart Shaw LLP, haven’t been mentioned in the article. The unaudited nature of the statements means the figures should be viewed with caution.

Overall, Cqr Security Ltd appears to be a well-established player in the security sector, but its financial performance suggests it's facing some challenges. The company’s diverse product range and strong brand presence provide a solid foundation, but managing its debt and creditors will be crucial for its long-term success.

Registered in England/Wales under the registration number 05192024, with a registered address at S9 3WD, England, Sheffield, South Yorkshire, C/O Osl Cutting Technologies Ltd Burgess Road, Attercliffe.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.