Pacific Security Systems Limited

Pacific Security Systems Ltd, based in London, UK, is a small, family business with an active status, having been founded 22 years ago. The company employs 59 people and holds assets totaling £4,691,870. It has a real address, five directors, and two owners, and boasts a respectable Google rating of 4.0 based on 13 reviews. It’s an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances; parts, with its last import operation dating back to January 01, 2020.

The company operates in the security systems service activities industries, providing fire and security solutions. Its website showcases a range of services, including fire systems, security systems, passive protection, installation, maintenance, and emergency callouts. It even has a Manchester office in addition to its headquarters. The company emphasizes expert engineers, outstanding customer service, and a complete design, supply, installation, and maintenance service. They even offer finance packages.

Financially, Pacific Security Systems Ltd has seen some interesting shifts. Accumulated depreciation on furniture fittings increased by 52%, while leasehold improvements rose by 8.1%. However, cash reserves plummeted 57%, dropping to £480,000. Creditors decreased by 24%, suggesting better debt management, but bank borrowings are now zero after a significant reduction. Net assets also decreased, falling 7.7% to £1,600,000. The company meets the criteria to be considered a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, likely due to its small size.

Overall, Pacific Security Systems Ltd appears to be navigating a period of change. While it maintains a strong reputation and a broad range of services, the reduction in cash reserves and net assets warrants close monitoring. The company’s family business roots and commitment to customer service should help it weather these challenges, but a sustained focus on financial stability will be key to its long-term success.

Registered in England/Wales under the registration number 04700999, with a registered address at WC1X 8BP, England, London, Hq, 344-354 Gray's Inn Road.

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