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Ward Security Holdings Limited

13123956

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

WARD SECURITY HEAD OFFICE FITTED RIGGING HOUSE, CHATHAM, ME4 4TZ
Incorporated 11/01/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Benjamin Matthew Draper

director · Since 11/01/2021

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 45

Also on 10 other boards

Mr Charles Paul Harvey

director · Since 19/04/2021

CHIEF COMMERCIAL OFFICER

BRITISH · UNITED KINGDOM · Age 53

Also on 7 other boards

Mr Kealan Turley

director · Since 01/08/2025

DIRECTOR

IRISH · IRELAND · Age 51

Persons with Significant Control

Dart Bidco Limited

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

One Eleven, Edmund Street, Birmingham, B3 2HJ

Reg: 16525998 · Companies House · Private Limited Company

Notified 01/08/2025

Former PSCs

Benjamin Matthew Draper

Ceased 26/05/2021

Mr Kevin Michael Ward

Ceased 01/08/2025

Charges1 outstanding

Charge
outstanding

ALLIED IRISH BANKS, P.L.C.

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

HSBC UK BANK PLC

Created 17/05/2021Registered 18/05/2021Satisfied 17/09/2025
Charge
satisfied

DAVID WARD

Created 01/03/2021Registered 09/03/2021Satisfied 20/03/2025

CompanyRankvs 21945+ SIC 64209 peers
34

Financial strength57th percentile among SIC peers · 14/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.78× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength14/25 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.

Longevity5/15 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

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent 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 concer

Key FinancialsYear ending 31/12/2022

Turnover

£55.3M

Annual revenue

Net Worth

£2k

Balance sheet strength

Cash

£41k

Cash in the bank

Net Current Assets

Working capital

Current Assets

£43k

Current Liabilities

£55k

Fixed Assets

£1.4M

Debtors

£3k

Cost of Sales

£48.9M

Admin Expenses

£4.5M

Profit After Tax

£1.4M

4avg. employees+4

Tax at Year End

Corp tax£477k
Dividends paid-£255k

People Costs

Wages & salaries£36.8M
NI contributions£3.3M

Balance Sheet

Intangible assets£826k
Bank loans & overdrafts£856k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20220.78-£200

Derived from filed accounts. Not audited figures.