Y Secure Limited

Y Secure Limited, based in Northwood, UK, is a small, active company founded nine years ago in 2016. It employs just two people and operates from a virtual address shared by twenty-one other companies, a fact that raises some questions. The company is led by a solo founder, Pala Neehal, who also serves as director and owner, and enjoys a stellar 5.0 Google rating from 52 reviews. Y Secure specializes in the import of miscellaneous metal items, with irregular import activity—just one month recorded as of July 2024. The company operates in the other retail sale not in stores, stalls or markets industries.

The company’s website showcases a focus on high-security doors, windows, and systems, catering to both homeowners and businesses. It offers bespoke designs, installation services, and a range of security solutions, including panic rooms and safes. The website highlights a commitment to "expert craftsmanship, honest guidance, and a seamless experience," and even offers free home and business security assessments. The site is very professional and has a lot of information, including a showroom address.

Financially, Y Secure Limited shows a mixed picture. Cash bank on hand increased by 6.8% to £140,000, and debtors rose by 9.9% to £16,000. However, creditors decreased by -24% to £36,000. Net assets liabilities increased by 13% to £160,000, and net current assets liabilities remained stable at £120,000. Property, plant, and equipment decreased by 25% to £15,000. The company meets two of three criteria to be considered small—turnover less than £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Overall, Y Secure Limited appears to be a financially stable, albeit small, operation. The increase in cash and debtors suggests healthy business activity, while the decrease in creditors indicates improved debt management. The company’s focus on bespoke security solutions and its positive online reputation suggest a strong foundation for continued success, though it’s worth noting the virtual address and the lack of significant employee growth.

Registered in England/Wales under the registration number 10127885, with a registered address at HA6 3RD, England, Northwood, Middlesex, Wieland, Chartered Accountants, 13 Wieland Road.

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