Openview Security Solutions Limited
Registered name: OPENVIEW SECURITY SOLUTIONS LIMITED
Part of Openview Group Limited groupOpenview 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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full 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) | 362 | 335 | 337 | 328 |
| Ratios | ||||
| Profit margin | 2.4% | 1.7% | 1.1% | 3.4% |
| Gross margin | 23.8% | 22.3% | 24% | 26.1% |
| Revenue per employee | £147k | £172k | £167k | £180k |
| Profit per employee | £3.6k | £2.9k | £1.9k | £6.1k |
| Cash conversion | 108.8% | 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 |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Nov 2025 |
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.
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.
Group structure
Ownership chain
- Openview Group Limitedultimate parent75–100%
- Openview Security Solutions Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (6)
- Wardrop Security Joinery LimitedLiquidationRev. £374k · Profit −£205k
- Camrasonic LimitedFigures not disclosed
- Cartel Security Systems LimitedFigures not disclosed
- Delaware Communications LimitedFigures not disclosed
- Garndene Communication Systems LimitedFigures not disclosed
- Openview Electrical Solutions LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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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.