Yy Security Installations Limited

YY Security Installations Ltd, based in London, UK, is a small, family-run business with an active status, having been established for a decade. Employing 63 people, the company holds £1,440,642 in assets and operates from a real address. With one director and two owners, it maintains a respectable 4.0 Google rating based on 54 reviews. The company is an irregular importer, primarily dealing in miscellaneous metal items, with the last import operation occurring one month ago in December 2023.

The company's website showcases a diverse range of security services, from locksmithing and alarm systems to access control and automatic gates. Established for over 80 years, YY Security Installations Ltd has built a reputation for providing first-class service across London and the Home Counties. The website highlights a customer-centric approach, emphasizing immediate connection to friendly staff and a comprehensive selection of services. They even have a trade counter and a shop, suggesting a blend of online and offline sales.

Financially, YY Security Installations Ltd presents a mixed picture. While cash reserves increased by 80% to £100,000, net assets declined by 15% to £460,000. Bank borrowings decreased by 27% to £190,000, and creditors increased by 15% to £980,000. Trade debtors decreased by 19% to £620,000. The company’s small size (meeting two of three conditions for a small company: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in equity warrants attention. The company is exempt from an audit, so the figures are unaudited.

Overall, YY Security Installations Ltd appears to be a stable, long-standing business, though it’s facing some financial pressures. The company’s focus on customer service and broad range of security solutions suggest a strong foundation, but the declining equity could be a cause for concern.

Registered in England/Wales under the registration number 09075529, with a registered address at W6 0RA, England, London, 182 King Street.

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