How much does 118 Security Ltd make?

118 Security Ltd reported revenue of £1.1m and £43.6k profit in the year to 30 Jun 2023, according to its accounts filed at Companies House.

How many employees does 118 Security Ltd have?

118 Security Ltd reported an average of 9 employees in the year to 30 Jun 2023.

Is 118 Security Ltd profitable?

Yes — 118 Security Ltd reported a profit of £43.6k in the year to 30 Jun 2023.

Company No. 11417854 · Incorporated 15 Jun 2018

118 Security Ltd

Registered name: 118 SECURITY LTD

118 Security Ltd made £1.1m revenue and £43.6k profit in the year to 30 Jun 2023.

118 Security Ltd’s revenue grew 30% to £1.1m in the year to 30 Jun 2023, with £43.6k profit and 9 employees. The company is classified under “private security activities” and is based in Rainham; we hold 2 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 80100Private security activities

Status: Active - Proposal to Strike off
Location: Rainham, London
Age: 8 yrs · since 2018
Type: Private Limited Company

Latest accounts · year to 30 Jun 2023

Key figures

IndependentSmall teamCapital-lightBoring industry

Revenue

£1.1m

Growth ▲29.6%

Profit

£43.6k

Growth ▲21.3%

Profit margin

4.2%

Employees

Change 0%

Profit / employee

£4.8k

Revenue/employee £117k

Profitable streak

2yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Jun 2022	30 Jun 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£811k	£1.1m
Profit before tax	£43.7k	£54.2k
Profit after tax	£35.9k	£43.6k
Profit (best available)	£35.9k	£43.6k
Staff costs	£645k	£832k
Employees (average)	9	9
Ratios
Profit margin	4.4%	4.2%
Revenue per employee	£90.2k	£117k
Profit per employee	£4k	£4.8k
Growth (year on year)
Revenue growth	—	▲29.6%
Profit growth	—	▲21.3%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Net assets	£9.2k	£5.2k
Fixed assets	£52.6k	£72.2k
Current assets	£74.4k	£256k
Deferred income	£37k	£49.1k
Source	FullAccounts · bulk data Mar 2024	FullAccounts · bulk data Mar 2024

Derived from the latest filing

How the business works

Profit margin: 4.2%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £117k; Revenue ÷ average employees.
Profit per employee: £4.8k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 6.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: ▼43%; Now £5.2k
Cash at bank: —; Now —
Headcount: 0%; Now 9
Deferred income: ▲33%; Now £49.1k
Fixed assets: ▲37%; Now £72.2k

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Jun 2023 (profit £43.6k), from the Companies House accounts bulk data published Mar 2024. 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.