Spg Fire & Security Limited

Spg Fire & Security Limited, based in Galashiels, UK, is a small, active holding company founded 22 years ago. With 25 employees and £1,413,376 in assets, it operates from a real address and is overseen by two directors and one owner. The company boasts a 4.0 Google rating based on three reviews and regularly imports electrical machinery and equipment, with its last import operation made in December 2023.

The company’s website showcases a range of fire and security systems, including access control, CCTV, fire detection, integrated systems, and intruder alarms. It also offers maintenance, monitoring, and security packages, catering to both commercial and homeowner needs. The site clearly positions itself as a provider of comprehensive security solutions, with a focus on quality products and customer service. It’s a good looking site, but a little dated.

Financially, Spg Fire & Security Limited shows a mixed picture. Accumulated depreciation on motor vehicles increased significantly by 95%, which could indicate investment in new vehicles, but also a potential decrease in their value. Bank borrowings have risen considerably, jumping by 240%, reaching £150,000, while cash reserves have also increased substantially, reaching £590,000. Creditors have increased by 24%, and the company’s employees have increased by 24% to 31. Despite these changes, equity has increased by 46% to £490,000. The company’s small size (meeting two of three conditions for a small company) helps it remain agile, but the increase in bank borrowings warrants attention. As a small company, it is exempt from an audit, so the figures are unaudited. It’s a bit unclear if the company is financially healthy, but it’s not burning through money like a startup.

Registered in Scotland under the registration number SC239962, with a registered address at TD1 3EY, Scotland, Galashiels, Scottish Borders, Nordale, Netherdale Industrial Estate.

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