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Regency Security Services (Uk) Limited

07148801

active
Private Limited Company
Companies House
Health Score
59 / 100

Notable Risks

25/30
Filing
0/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

REGENCY HOUSE FREEPORT OFFICE VILLAGE, BRAINTREE, CM77 8YG
Incorporated 06/02/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

80100
Private security activities

Officers

Mr Gary Powers

director · Since 06/02/2010

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 5 other boards

Mr Conor Matthew Powers

director · Since 27/07/2026

BRITISH · UNITED KINGDOM · Age 29

Persons with Significant Control

Regency Security Group Limited

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

Regency House, Freeport Office Village, Braintree, CM77 8YG

Reg: 06854002 · Companies House · Limited Company

Notified 06/04/2016

Former PSCs

Mr Gary Powers

Ceased 06/04/2016

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 02/02/2024Registered 02/02/2024
Charge
satisfied

HSBC BANK PLC

Created 12/01/2016Registered 13/01/2016Satisfied 10/02/2026
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 03/08/2015Registered 03/08/2015
Charge
outstanding

HSBC BANK PLC

Created 29/06/2015Registered 29/06/2015

CompanyRankvs 4811+ SIC 80100 peers
31

Financial strength1th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.99× · 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 strength0/25 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

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty relating to going concern We draw attention to note 1.2 in the financial statements, which states that the company made a profit for the year of £243,600. However, had net liabilities of £149,913 at the year end.

Key FinancialsYear ending 30/04/2024

Net Worth

-£150k

Balance sheet strength

Cash

£68k

Cash in the bank

Profit Before Tax

£462k

Bottom line earnings

Net Current Assets

-£36k

Working capital

Current Assets

£2.4M

Current Liabilities

£2.5M

Fixed Assets

£20k

Debtors

£2.4M

Cost of Sales

£11.1M

Admin Expenses

£2.2M

Profit After Tax

£244k

1300avg. employees+383

Tax at Year End

Corp tax£365k

People Costs

Wages & salaries£10.4M

Balance Sheet

Bank loans & overdrafts£213k
Assets less current liabilities-£16k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.99+£244k
20230.93

Derived from filed accounts. Not audited figures.