Securitytec Limited

Securitytec Ltd, based in Coulsdon, Surrey, is a small, active company founded 19 years ago. With five employees and £261,251 in assets, it operates as a family business with two directors and owners. The company runs an e-commerce site specializing in professional security products, distributing across the UK. It’s a regular importer, though the category is “None,” with the last import activity dating back to 2017. It occasionally exports optical and medical tools and devices, with the last export recorded in 2016.

The company’s website, officesecuritytec.co.uk, showcases a wide range of security electronics, including IP CCTV equipment, door entry systems, and networking products. It’s a proud distributor of Hikvision, offering technical support and even extended warranties through its partnership program. The site clearly targets trade customers, with a dedicated section for professional security distributors. It’s a well-designed site, though the navigation could be improved.

Financially, Securitytec Ltd presents a mixed picture. Current assets declined by 13% to £260,000, while net assets also fell by 5.4% to £61,000. Bank borrowings increased, with secured overdrafts rising by 14% to £63,000. However, creditors decreased by 17%, suggesting improved debt management. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible. Taxations and social security payable has increased to £18,000. With no auditor mentioned, the accounts are unaudited and filed as “Filleted Accounts”.

Overall, Securitytec Ltd appears to be navigating a challenging economic climate. The decrease in assets and increase in borrowings suggest some financial pressure, but the company’s focus on a niche market and its strong partnership with Hikvision could help it weather the storm.

Registered in England/Wales under the registration number 05585047, with a registered address at CR8 1DE, Surrey, 132 Riddlesdown Road, Purley.

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