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Smart Sec Solutions Ltd

07036995

active
ltd
england wales
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

22 Union Street, Barnet, EN5 4HZ
Incorporated 09/10/2009

Compliance

Last accounts

31/12/2025

medium

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 23/04/2026

Due 07/05/2027

On track

Industry

80100
Private security activities

Officers

Mr Fawad Ahmad

director · Since 03/05/2011

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 4 other boards

Mr Doros Nicolaou

director · Since 03/05/2011

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 2 other boards

Helmey El-Aasar

director · Since 05/11/2025

DIRECTOR

BRITISH · ENGLAND · Age 46

Fawad Ahmad

director · Since 03/05/2011

British · England · Age 51

Doros Nicolaou

director · Since 03/05/2011

British · England · Age 54

Helmey El-Aasar

director · Since 05/11/2025

British · England · Age 46

Persons with Significant Control

Smart Sec Holdings Ltd

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

22, Union Street, Barnet, EN5 4HZ

Notified 31/03/2023

Former PSCs

Mr Doros Nicolaou

Ceased 31/03/2023

Mr Fawad Ahmad

Ceased 31/03/2023

Charges4 outstanding

Charge
outstanding

NUCLEUS CASH FLOW FINANCE2 LIMITED

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Charge
outstanding

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 06/06/2023Registered 12/06/2023
Charge
outstanding

HSBC UK BANK PLC

Created 31/03/2022Registered 08/04/2022
Charge
outstanding

HSBC UK BANK PLC

Created 06/02/2019Registered 08/02/2019

Change History

statusactive
2026-06-22

Active

typeltd
2026-06-22

Private Limited Company

address line122 Union Street
2026-06-22

22 UNION STREET

post townBarnet
2026-06-22

BARNET

officer appointedAHMAD, Fawad
2026-06-22
officer appointedEL-AASAR, Helmey
2026-06-22
officer appointedNICOLAOU, Doros
2026-06-22

CompanyRankvs 1323+ SIC 80100 peers
54

Financial strength90th percentile among SIC peers · 23/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.9× · 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 strength23/25 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.

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 co

Key FinancialsYear ending 31/12/2024

Turnover

£16.1M

Annual revenue

Net Worth

£76k

Balance sheet strength

Cash

£594k

Cash in the bank

Profit Before Tax

£186k

Bottom line earnings

Net Current Assets

-£332k

Working capital

Current Assets

£3.0M

Current Liabilities

£3.3M

Fixed Assets

£1.4M

Debtors

£2.4M

Cost of Sales

£13.0M

Gross Profit

£3.1M

Admin Expenses

£2.7M

Operating Profit

£371k

Profit After Tax

£110k

305avg. employees-100

Tax at Year End

Corp tax£170k
Dividends paid£287k

People Costs

Wages & salaries£10.0M
NI contributions£1.0M

Balance Sheet

Bank loans & overdrafts£471k
Interest payable£31k
Assets less current liabilities£1.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.90-£31k
20230.89-£144k
20221.07-£2k
20211.54

Derived from filed accounts. Not audited figures.