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Ward Security Group Holdings Limited

06276217

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

WARD SECURITY HEAD OFFICE FITTED RIGGING HOUSE, CHATHAM, ME4 4TZ
Incorporated 12/06/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Benjamin Matthew Draper

secretary · Since 29/08/2013

BRITISH

Mr Benjamin Matthew Draper

director · Since 21/06/2016

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 45

Also on 10 other boards

Mr Charles Paul Harvey

director · Since 01/08/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 7 other boards

Persons with Significant Control

Ward Security Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Ward Security Head Office, Fitted Rigging House, Chatham, ME4 4TZ

Reg: 13123956 · Companies House · Limited By Shares

Notified 26/05/2021

Former PSCs

Mr David Ward

Ceased 26/05/2021

Mr Kevin Michael Ward

Ceased 26/05/2021

Benjamin Matthew Draper

Ceased 06/04/2018

Charges1 outstanding

Charge
outstanding

ALLIED IRISH BANKS, P.L.C.

Created 21/08/2025Registered 26/08/2025
Charge
satisfied

HSBC BANK PLC

Created 23/10/2013Registered 26/10/2013Satisfied 30/05/2023
Charge
satisfied

HSBC BANK PLC

Created 12/09/2013Registered 13/09/2013Satisfied 17/09/2025
charge
satisfied

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 03/09/2012Registered 04/09/2012Satisfied 20/10/2014
charge
satisfied

CABLE FINANCE LIMITED

Created 17/07/2007Registered 26/07/2007Satisfied 25/11/2008

CompanyRankvs 7295+ SIC 70100 peers
39

Financial strength37th percentile among SIC peers · 9/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.7× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength9/25 pts

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

Employees14/15 pts

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

Liquidity6/20 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

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/12/2022

Turnover

£965k

Annual revenue

Net Worth

£300

Balance sheet strength

Cash

£59k

Cash in the bank

Profit Before Tax

£2.6M

Bottom line earnings

Net Current Assets

-£369k

Working capital

Current Assets

£871k

Current Liabilities

£1.2M

Debtors

£811k

Admin Expenses

£948k

Operating Profit

£16k

Profit After Tax

£2.6M

5avg. employees+1

Tax at Year End

Corp tax£87k
Dividends paid£1.0M

People Costs

Wages & salaries£666k
NI contributions£91k

Balance Sheet

Intangible assets£0
Assets less current liabilities£184k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20220.70
20210.87
20200.66

Derived from filed accounts. Not audited figures.