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Secure Meters (Uk) Limited

02199653

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

SECURE HOUSE LULWORTH CLOSE, EASTLEIGH, SO53 3TL
Incorporated 27/11/1987

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Kaushak Patel

director · Since 01/01/2008

BUSINESS DEVELOPMENT

BRITISH · ENGLAND · Age 60

Also on 13 other boards

Ananya Singhal

director · Since 01/04/2018

DIRECTOR

INDIAN · UNITED KINGDOM · Age 42

Also on 4 other boards

Persons with Significant Control

Sanjaya Singhal

75–100% votes

Indian · India · Age 71

Secure House, Lulworth Close, Eastleigh, SO53 3TL

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

STATE BANK OF INDIA,LONDON BRANCH

Created 18/05/2011Registered 19/05/2011Satisfied 14/08/2018
charge
satisfied

HSBC BANK PLC

Created 05/12/2003Registered 09/12/2003Satisfied 15/06/2011
charge
satisfied

SECURE METERS LIMITED

Created 17/02/2000Registered 19/02/2000Satisfied 27/11/2010
charge
satisfied

GRIFFIN CREDIT SERVICES LIMITED

Created 21/04/1999Registered 24/04/1999Satisfied 28/02/2011
charge
satisfied

MIDLAND BANK PLC

Created 18/07/1997Registered 22/07/1997Satisfied 21/05/2011
charge
satisfied

MIDLAND BANK PLC

Created 07/03/1997Registered 25/03/1997Satisfied 21/05/2011
charge
satisfied

BARCLAYS BANK PLC

Created 12/09/1994Registered 27/09/1994Satisfied 28/04/2001
charge
satisfied

BARCLAYS BANK PLC

Created 15/12/1992Registered 22/12/1992Satisfied 28/04/2001
charge
satisfied

BARCLAYS BANK PLC

Created 17/03/1988Registered 31/03/1988Satisfied 28/04/2001

CompanyRankvs 60+ SIC 82990 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.34× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

or ∙ the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the Company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Other information The directors are responsible for the other inform

Key FinancialsYear ending 31/03/2020

Turnover

£70.3M

Annual revenue

Net Worth

£17.9M

Balance sheet strength

Cash

£10.7M

Cash in the bank

Profit Before Tax

£6.5M

Bottom line earnings

Net Current Assets

£15.9M

Working capital

Current Assets

£27.8M

Current Liabilities

£11.9M

Fixed Assets

£4.0M

Debtors

£15.2M

Cost of Sales

£50.0M

Gross Profit

£20.3M

Admin Expenses

£14.1M

Operating Profit

£6.5M

Profit After Tax

£5.0M

147avg. employees-2

Tax at Year End

Corp tax£934k
Dividends paid-£26.7M

People Costs

Wages & salaries£6.4M
NI contributions£732k

Balance Sheet

Intangible assets£1.6M
Assets less current liabilities£20.0M
Prepared with Caseware UK (AP4) 2019.0.227

EstimatesDerived

YearCurrent RatioImplied Profit
20202.34-£21.7M
20192.50

Derived from filed accounts. Not audited figures.