Secure Engineering Limited

Secure Engineering Limited is a small, holding company based in Stevenage, UK, with an active status. Founded 29 years ago in December 1995, it employs 11 people and holds £52,034 in assets. The company has a real address and is managed by one director and one owner. It’s an irregular importer, primarily dealing in electrical machinery and equipment, with its last import operation occurring in November 2022.

The company's website showcases a focus on security solutions, offering a range of card readers, interface products, and installation services. It also highlights custom firmware development and even offers bespoke designs. The site’s concept section emphasizes creating efficient solutions for small product series through modular platforms. A separate section details the company’s two decades of experience in the security industry.

Financially, Secure Engineering Limited’s recent performance presents a mixed picture. Current assets have drastically declined by 86%, plummeting to £52,000. Similarly, net current assets have fallen by 170%, reaching -£300,000. Bank borrowings remain stable at £20,000, but cash reserves have suffered a dramatic 87% decrease, leaving only £8,000. Creditors have also decreased, though by a significant 41%, suggesting some improvement in debt management. The company’s small size—meeting two of three conditions for a small company—allows for agility, but the substantial decline in equity raises concerns. The lack of an auditor mentioned is likely due to its status as a small company, meaning the financial data is unaudited.

While Secure Engineering Limited operates in the security systems service activities industries, the financial data suggests a company facing challenges. The significant drop in assets and cash reserves, combined with a negative equity position, indicates potential financial strain.

Registered in England/Wales under the registration number 03138211, with a registered address at SG1 2FP, England, Stevenage, Hertfordshire, Unit 16, Gateway 1000 Whittle Way, Arlington Business Park.

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