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Company No. 01325489 · Incorporated 15 Aug 1977

Security Plus Limited

Registered name: SECURITY PLUS LIMITED

Part of Tate Group Holdings Limited group

Security Plus Limited made £53.2m revenue and £2.2m profit in the year to 31 Mar 2025.

Security Plus Limited’s revenue was £53.2m in the year to 31 Mar 2025, with £2.2m profit and 623 employees. The company is classified under “other service activities” and is based in Stoke-on-Trent; we hold 3 years of its filed accounts.

Full P&L filedSection S · Other service activitiesSIC 96090Other service activities n.e.c.
Status
Active
Location
Stoke-on-Trent, West Midlands
Age
49 yrs · since 1977
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Mar 2025

Key figures

Capital-light
Revenue
£53.2m
Growth —
Profit
£2.2m
Growth —
Profit margin
4.2%
Gross 53.3%
Employees
623
Change —
Profit / employee
£3.5k
Revenue/employee £85.5k
Profitable streak
3yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Sep 202230 Sep 202331 Mar 2025
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£31m£34.4m£53.2m
Cost of sales£14.4m£15.7m£24.8m
Gross profit£16.6m£18.6m£28.4m
Operating profit£385k£1.5m£2.9m
Profit before tax£320k£1.5m£3m
Profit after tax£344k£990k£2.2m
Profit (best available)£344k£990k£2.2m
Staff costs£18.1m£19.6m£30.8m
Employees (average)587615623
Ratios
Profit margin1.1%2.9%4.2%
Gross margin53.6%54.2%53.3%
Revenue per employee£52.8k£55.9k£85.5k
Profit per employee£587£1.6k£3.5k
Growth (year on year)
Revenue growth—▲10.9%—
Profit growth—▲187.4%—
Headcount growth—▲4.8%—
Balance sheet — indirect signals, not revenue
Cash at bank£2.3m£2.7m£587k
Net assets£997k£2m£4.2m
Fixed assets£4m£5.2m£3.7m
Current assets£9.1m£8.6m£13.6m
Debtors£5.1m£4.5m£3.5m
Deferred income£474k£614k£693k
SourceFullAccounts · bulk data Jun 2024FullAccounts · bulk data Jun 2024FullAccounts · bulk data Mar 2026
Derived from the latest filing

How the business works

Profit margin
4.2%
Profit ÷ revenue.
Gross margin
53.3%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£85.5k
Revenue ÷ average employees.
Profit per employee
£3.5k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
7%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
1.3%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
6.6%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
—
Now £4.2m
Cash at bank
—
Now £587k
Headcount
—
Now 623
Deferred income
—
Now £693k
Fixed assets
—
Now £3.7m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Tate Group Holdings Limitedultimate parent75–100%
  2. The Abbotshurst Group Limited75–100%
  3. Security Plus Limitedthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £2.2m), from the Companies House accounts bulk data published Mar 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.