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U.K. SECURITY SYSTEMS LTD. Financials

Company number
SC261431Copy
Copy
Registered office
51 Gavinton Street, Glasgow G44 3HT
Incorporated
06/01/2004

Company snapshot

Status
Active
Employees
5 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£74.88K2024
-14.43%vs 2023

2023: £87.51K

Total Assets

£148.72K2024
-20.02%vs 2023

2023: £185.96K

Total Liabilities

£73.84K2024
-24.99%vs 2023

2023: £98.45K

Employees

52024
-1vs 2023

2023: 6

In 2024, U.K. SECURITY SYSTEMS LTD. reported net assets of £74.88K. The same filing shows total assets of £148.72K and total liabilities of £73.84K. Reported headcount was 5 in 2024. Total Assets fell from £185.96K in 2023 to £148.72K in 2024 (-20.02%). 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

£74.88K2024
-14.43%from £87.51K in 2023

Year-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 U.K. SECURITY SYSTEMS LTD. filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£83.77K2022£74.88K2024
-10.6%vs 2022

-5.5% a year compound (CAGR)

Total Assets

£169.06K2022£148.72K2024
-12%vs 2022

-6.2% a year compound (CAGR)

Total Liabilities

£85.28K2022£73.84K2024
-13.4%vs 2022

-6.9% a year compound (CAGR)

Employees

7202252024
-28.6%vs 2022-2

Biggest decrease

Employees-28.6%

7 in 2022 to 5 in 2024

Every indicator Okredo holds for U.K. SECURITY SYSTEMS LTD. fell between 2022 and 2024. The steepest fall came in employee numbers, pointing to a smaller workforce, with net assets, total assets and total liabilities falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from U.K. SECURITY SYSTEMS LTD.'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
50.35%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
49.65%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for U.K. SECURITY SYSTEMS LTD. by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£71.51K83.77K87.51K74.88K
Total Assets£141.62K169.06K185.96K148.72K
Cash in Bank£––––
Total Liabilities£70.12K85.28K98.45K73.84K
Employees8765

U.K. SECURITY SYSTEMS LTD. financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for U.K. SECURITY SYSTEMS LTD. covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

U.K. SECURITY SYSTEMS LTD. reported net assets of £74.88K for 2024. That compares with £87.51K in 2023, a change of -14.43%.

U.K. SECURITY SYSTEMS LTD. reported total assets of £148.72K for 2024. That compares with £185.96K in 2023, a change of -20.02%.

U.K. SECURITY SYSTEMS LTD. reported total liabilities of £73.84K for 2024. That compares with £98.45K in 2023, a change of -24.99%.

U.K. SECURITY SYSTEMS LTD. reported 5 employees in 2024, compared with 6 in 2023.

Between 2022 and 2024, U.K. SECURITY SYSTEMS LTD.'s net assets fell by 10.6%, total assets fell by 12%, total liabilities fell by 13.4% and employee numbers fell by 28.6%. Net assets contracted at 5.5% a year across the two years to 2024, from £83.77K to £74.88K. Reported headcount went from 7 in 2022 to 5 in 2024 (-2).

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.