GUARDFORCE SECURITY SERVICES LIMITED Financials
- Company number
- 02879868CopyCopy
- Registered office
- Guardforce House, Dukes Yard, Shakespeare Estate, Acme Road, Watford, Hertfordshire WD24 5AL
- Incorporated
- 13/12/1993
Company snapshot
- Status
- Active
- Employees
- 56 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-31.34%vs 20232023: £333.50K
Total Assets
-14.23%vs 20232023: £600.46K
Cash in Bank
-62.68%vs 20232023: £323.43K
Total Liabilities
7.14%vs 20232023: £266.96K
Employees
+1vs 20232023: 55
In 2024, GUARDFORCE SECURITY SERVICES LIMITED reported net assets of £229.00K. The same filing shows total assets of £515.03K, cash in bank of £120.69K and total liabilities of £286.03K. Reported headcount was 56 in 2024. Cash in Bank fell from £323.43K in 2023 to £120.69K in 2024 (-62.68%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-31.34%from £333.50K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures GUARDFORCE SECURITY SERVICES LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-22.4%vs 2022-11.9% a year compound (CAGR)
Cash in Bank
-56.3%vs 2022-33.9% a year compound (CAGR)
Total Assets
-7.4%vs 2022-3.8% a year compound (CAGR)
Total Liabilities
+9.6%vs 2022+4.7% a year compound (CAGR)
Employees
+14.3%vs 2022+7Biggest increase
Employees+14.3%
49 in 2022 to 56 in 2024
Biggest decrease
Cash in Bank-56.3%
£275.95K in 2022 to £120.69K in 2024
GUARDFORCE SECURITY SERVICES LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from GUARDFORCE SECURITY SERVICES LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 44.46%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 55.54%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 42.20%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 23.43%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for GUARDFORCE SECURITY SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 221.69K | 295.15K | 333.50K | 229.00K |
| Total Assets£ | 407.44K | 556.11K | 600.46K | 515.03K |
| Cash in Bank£ | 130.62K | 275.95K | 323.43K | 120.69K |
| Total Liabilities£ | 185.75K | 260.96K | 266.96K | 286.03K |
| Employees | 56 | 49 | 55 | 56 |
GUARDFORCE SECURITY SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for GUARDFORCE SECURITY SERVICES LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
GUARDFORCE SECURITY SERVICES LIMITED reported net assets of £229.00K for 2024. That compares with £333.50K in 2023, a change of -31.34%.
GUARDFORCE SECURITY SERVICES LIMITED reported total assets of £515.03K for 2024. That compares with £600.46K in 2023, a change of -14.23%.
GUARDFORCE SECURITY SERVICES LIMITED reported cash in bank of £120.69K for 2024. That compares with £323.43K in 2023, a change of -62.68%.
GUARDFORCE SECURITY SERVICES LIMITED reported 56 employees in 2024, compared with 55 in 2023.
Between 2022 and 2024, GUARDFORCE SECURITY SERVICES LIMITED's net assets fell by 22.4%, cash in bank fell by 56.3%, total assets fell by 7.4% and total liabilities rose by 9.6%. Net assets contracted at 11.9% a year across the two years to 2024, from £295.15K to £229.00K. Reported headcount went from 49 in 2022 to 56 in 2024 (+7).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.