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Securit System Limited

02061258

active
ltd
england wales
Companies House
Insolvency history
Health Score
55 / 100

Notable Risks

25/30
Filing
10/30
Financial
20/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)

Details

C/O Afe Accountants Limited Building 3, North London Business Park, Oakleigh Road South, N11 1GN
Incorporated 03/10/1986

Previously known as

Gillobuild Limited · until 28/10/1986

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 31/12/2025

Due 14/01/2027

On track

Industry

31010
Manufacture of office and shop furniture
43290
Other construction installation

Officers

Mr Ross Mullane

director · Since 02/07/2004

MANUFACTURING

BRITISH · UNITED KINGDOM · Age 54

Also on 2 other boards

Grant Mullane

secretary · Since 03/01/2006

ACCOUNTANT

BRITISH · Age 49

Ross Mullane

director · Since 02/07/2004

British · United Kingdom · Age 54

Grant Mullane

secretary · Since 03/01/2006

British

Former

Anthony Victor Mullane

director · Resigned 02/07/2004

Linda Joan Mullane

director · Resigned 31/07/2005

Linda Joan Mullane

secretary · Resigned 31/07/2005

Persons with Significant Control

Mr Grant Mullane

25–50% shares

British · England · Age 49

C/O Afe Accountants Limited, Building 3, Oakleigh Road South, N11 1GN

Notified 30/12/2016

Mr Ross Mullane

25–50% shares

British · United Kingdom · Age 54

C/O Afe Accountants Limited, Building 3, Oakleigh Road South, N11 1GN

Notified 31/12/2016

Mrs Sarah Morgan

25–50% shares

British · United Kingdom · Age 58

C/O Afe Accountants Limited, Building 3, Oakleigh Road South, N11 1GN

Notified 31/12/2016

Insolvency History1 case

corporate voluntary arrangement

Zafar Iqbal (practitioner)

Change History

status → active
2026-07-08

Active

type → ltd
2026-07-08

Private Limited Company

address line1 → C/O Afe Accountants Limited Building 3
2026-07-08

C/O AFE ACCOUNTANTS LIMITED BUILDING 3

post town → Oakleigh Road South
2026-07-08

OAKLEIGH ROAD SOUTH

CompanyRankvs 117+ SIC 31010 peers
67

Financial strength78th percentile among SIC peers · 20/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 4.12× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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117Securit System Limited
77
How is this score calculated?
Financial strength20/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees7/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£183k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£184k

Working capital

Current Assets

£243k

Current Liabilities

£59k

2avg. employees

Balance Sheet

Assets less current liabilities£184k
Prepared with BTCSoftware AP Solution 2025 12.1.03

EstimatesDerived

YearCurrent RatioImplied Profit
20244.12-£11k
20235.64—

Derived from filed accounts. Not audited figures.