Lincoln Security Limited

Lincoln Security Ltd, based in Lincoln, UK, is a small, active company established 37 years ago. Employing 47 people and holding assets of £1,790,889, the firm boasts a perfect 5.0 Google rating from 90 reviews. It’s a real address, managed by two directors and two owners, and regularly exports miscellaneous metal items (four months of activity), though its import activity is more sporadic (two months).

The company’s website showcases a broad range of security and fire safety solutions. They offer everything from bespoke fire security systems and access control to industrial engraving and safes. A key area is fire safety, with services including fire alarms and emergency fire doors. The site also highlights corporate services, case studies, and a dedicated careers section, suggesting a focus on both client needs and employee development. They even offer a free site survey, a common tactic to attract new business. The website’s design is modern and clean, with clear calls to action and a focus on visual appeal.

Financially, Lincoln Security Ltd’s recent performance presents a mixed picture. Cash reserves have increased by a substantial 36%, reaching £610,000, a positive sign of liquidity. However, net assets have only increased slightly, by 20% to £1,100,000. Trade debtors have decreased by 17%, which is good, but creditors have also fallen by 17%. Bank borrowings have decreased by a significant 35%, which is a positive trend, indicating reduced reliance on external financing. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the slight increase in average employees (from 47 to 49) could be a sign of growth. No auditor is mentioned, likely due to the company's status as a small entity.

Overall, Lincoln Security Ltd seems to be financially stable, with strong cash reserves. However, the slight increase in employees and the relatively modest growth in net assets suggest that the company may be reinvesting heavily in its operations or facing some challenges in converting revenue to profit.

Registered in England/Wales under the registration number 02138473, with a registered address at LN6 3LQ, Lincoln, Lincolnshire, 6 Whisby Way.

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