Securasound Limited

Securasound Ltd, a small, active company based in Whitchurch, UK, has been providing security systems and related services for 38 years. Founded in 1987, the company employs 15 people and holds £475,495 in assets. It operates from a real address and is managed by three directors, with Wainwright Philip Anthony John owning the business. Securasound regularly imports electrical machinery and equipment (for three months) and exports it (for thirteen months), with the latest export operation taking place in August 2024.

The company’s website showcases a wide range of security solutions, including access control, CCTV systems, fire alarms, and intruder alarms. It caters to various sectors, including healthcare, education, domestic, commercial, and housing. Notably, it also offers installation services for CCTV, access control, and audio-visual systems. The website's design and layout suggest a business focused on providing comprehensive security solutions rather than purely e-commerce.

Financially, Securasound Ltd presents a mixed picture. Current assets have decreased by 10% to £480,000, while net assets have fallen by 1.6% to £470,000. Bank borrowings have increased by 100% to £29,000, and cash reserves have fallen by 9.6% to £350,000. Creditors have decreased by 39%, which is a positive sign. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The increase in bank borrowings and decrease in cash reserves could indicate a period of investment or increased operating expenses. As a small company, it is exempt from an audit, so the figures are unaudited.

The company’s financial data shows a decrease in liabilities deferred income, which could be a result of a change in accounting practices or a reduction in outstanding payments. The increase in average employees during the period, from 15 to 19, suggests growth in operations, but it also means higher labor costs. Overall, Securasound Ltd appears to be a stable, long-standing business, but it’s navigating a period of change and investment.

Registered in England/Wales under the registration number 02111547, with a registered address at SY13 1JG, Whitchurch, Shropshire, Thornlea, 165 Wrexham Road.

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