Metro Security (gb) Plc

Metro Security (gb) Plc, based in Brentwood, UK, is a large, active company established 33 years ago. With 38 employees and £2.5 million in assets, the company generates £5.2 million in revenue annually. Despite a virtual address shared by 658 other companies, it maintains a solid 5.0 Google rating from nine reviews. The company’s core business involves security services, and it regularly exports electrical machinery and equipment, with 26 months of export activity recorded. It’s led by three directors and owned by Wallace Stephanie, who is also a director.

The company’s website showcases a wide range of security solutions for homes and businesses, including intruder alarms, CCTV, access control, and fire alarm systems. It also offers specialized services like remote guarding, facial recognition, and unmanned petrol station monitoring. The site highlights its 45 years of experience and commitment to providing bespoke solutions for various sectors, from domestic homes to public sector facilities.

Financially, Metro Security (gb) Plc presents a mixed picture. While turnover increased by a substantial 16%, reaching £5.3 million, net assets decreased by 10% to £2.9 million. Bank borrowings increased by 13% to £42,000, and cash reserves dropped 10% to £900,000. Creditors, however, decreased by 13%, suggesting improved debt management. The company meets two of three criteria to be classified as a large company, with turnover exceeding £36 million, balance sheet total over £18 million, and employees over 250. The lack of an auditor mentioned (likely exempt as a medium-sized company) means the figures are unaudited.

The company’s increased turnover is a positive sign, but the decrease in net assets and cash reserves warrants attention. The rise in bank borrowings suggests a need for increased funding, perhaps to support growth initiatives. The company's long history and strong Google rating indicate a reputable brand, but ongoing financial monitoring will be crucial for sustained success.

Registered in England/Wales under the registration number 02661496, with a registered address at CM13 1AB, England, Brentwood, Essex, Create Business Hub, Ground Floor 5 Rayleigh Road, Hutton.

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