Skip to content
CompanySight
Company No. 03376202 · Incorporated 27 May 1997

Openview Security Solutions Limited

Registered name: OPENVIEW SECURITY SOLUTIONS LIMITED

Part of Openview Group Limited group

Openview Security Solutions Limited made £59.2m revenue and £2m profit in the year to 31 Mar 2025.

Openview Security Solutions Limited’s revenue grew 5% to £59.2m in the year to 31 Mar 2025, with £2m profit and 328 employees. The company is classified under “electrical installation” and is based in Essex; we hold 4 years of its filed accounts.

Status
Active
Location
Essex, London
Age
29 yrs · since 1997
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-lightOperating leverageDoing more with lessBoring industryCash flow filed
Revenue
£59.2m
Growth ▲5.4%
Profit
£2m
Growth ▲210%
Profit margin
3.4%
Gross 26.1%
Employees
328
Change ▼2.7%
Profit / employee
£6.1k
Revenue/employee £180k
Profitable streak
4yrs
Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202231 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£53.2m£57.7m£56.1m£59.2m
Cost of sales£40.5m£44.9m£42.7m£43.7m
Gross profit£12.7m£12.8m£13.5m£15.4m
Operating profit£1.6m£1.4m£1.1m£2.8m
Profit before tax£1.5m£1.2m£788k£2.7m
Profit after tax£1.3m£960k£641k£2m
Profit (best available)£1.3m£960k£641k£2m
Staff costs£14m£13.8m£15.2m£15.5m
Employees (average)362335337328
Ratios
Profit margin2.4%1.7%1.1%3.4%
Gross margin23.8%22.3%24%26.1%
Revenue per employee£147k£172k£167k£180k
Profit per employee£3.6k£2.9k£1.9k£6.1k
Cash conversion108.8%69.5%78.5%63.7%
Growth (year on year)
Revenue growth—▲8.5%▼2.8%▲5.4%
Profit growth—▼25.4%▼33.2%▲210%
Headcount growth—▼7.5%▲0.6%▼2.7%
Balance sheet — indirect signals, not revenue
Cash at bank£748k£69.8k£26.5k£1.2m
Net assets£9.4m£10.3m£11m£12.9m
Fixed assets£510k£368k£335k£289k
Current assets£31.5m£28.1m£28.3m£27.3m
Debtors£10.2m£10.4m£10.9m£11.7m
Deferred income£8.9m£3.5m£3.5m£2.5m
Cash from operations£1.7m£980k£878k£1.8m
SourceAccounts · bulk data Dec 2023Accounts · bulk data Dec 2023FullAccounts · bulk data Dec 2024FullAccounts · bulk data Nov 2025
Derived from the latest filing

How the business works

Profit margin
3.4%
Profit ÷ revenue.
Gross margin
26.1%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£180k
Revenue ÷ average employees.
Profit per employee
£6.1k
Profit ÷ average employees.
Cash conversion
63.7%
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
0.5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
4.2%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
19.8%
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
▲18%
Now £12.9m
Cash at bank
▲4454%
Now £1.2m
Headcount
▼3%
Now 328
Deferred income
▼30%
Now £2.5m
Fixed assets
▼14%
Now £289k

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. Openview Group Limitedultimate parent75–100%
  2. Openview Security Solutions Limitedthis company

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

Sister companies (6)

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £2m), from the Companies House accounts bulk data published Nov 2025. 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.