Monks Security Systems Ltd.

Monks Security Systems Ltd, based in Leeds, UK, is a small, active company established 27 years ago. Employing 22 people, it holds assets of £2,916,613 and operates from a real address. With two directors and one owner, the company maintains a respectable Google rating of 4.0 based on eight reviews. It’s an irregular importer, primarily dealing in clocks, watches, and their parts, with the last import activity occurring over a year ago in June 01, 2022.

The company’s website details a focus on security systems service activities. Monks Security Systems offers intruder alarms, CCTV systems, access control, and fire alarms, catering to both commercial and domestic clients. They emphasize accreditation from NSI GOLD and SSAIB BAFE, highlighting their commitment to industry standards. The website also promotes police response CCTV systems and maintenance packages, underscoring a focus on reliability and customer peace of mind. They even offer smoke screen technology to deter thieves.

Financially, Monks Security Systems Ltd presents a mixed picture. Cash reserves increased by 17% to £1,100,000, a positive sign. However, trade debtors rose significantly by 17% to £1,700,000, suggesting potential issues with customer payments. Creditors also increased by 36% to £290,000, and net losses deepened, indicating the company is burning through cash. Bank borrowings surged by 90% to £220,000. 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 increased debt levels warrant attention. As a small company, it is exempt from an audit, so the financial statements are unaudited.

Registered in England/Wales under the registration number 03449945, with a registered address at LS12 4JD, Leeds, West Yorkshire, Innovation House, Wortley Moor Lane.

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