MITIE SECURITY LIMITED
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Cash
£2.1m
+57.5% highest in 3 filed years
Net assets
£59m
-10.8% lowest in 3 filed years
Employees
—
Average over period
Profit before tax
£24m
-27% lowest in 3 filed years
Watch the reel
Our short-form breakdown of MITIE SECURITY LIMITED's latest filing
Mitie Security grew its revenue to nearly £900m, but profits fell as the high-margin rapid response work from the summer riots came to an end. 🚨💼
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £713,368,000 | £842,247,000 | £894,356,000 | +6.2% | |
| Operating profit | £20,789,000 | £27,452,000 | £19,810,000 | -27.8% | |
| Profit before tax | £26,355,000 | £33,371,000 | £24,373,000 | -27% | |
| Net profit | £18,906,000 | £23,199,000 | £16,413,000 | -29.3% | |
| Cash | £563,000 | £1,336,000 | £2,104,000 | +57.5% | |
| Total assets less current liabilities | £91,798,000 | £70,997,000 | £63,475,000 | -10.6% | |
| Net assets | £87,384,000 | £66,355,000 | £59,208,000 | -10.8% | |
| Equity | £87,384,000 | £66,355,000 | £59,208,000 | -10.8% | |
| Average employees | 14,567 | 17,010 | — | — | |
| Wages | £415,586,000 | £497,449,000 | £565,997,000 | +13.8% | |
| Directors' remuneration | £1,468,000 | £660,000 | £532,000 | -19.4% | |
| Directors' pension contributions | £25,000 | £25,000 | £28,000 | +12% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|
| Operating margin | 2.9% | 3.3% | 2.2% | |
| Net margin | 2.7% | 2.8% | 1.8% | |
| Return on capital employed | 22.6% | 38.7% | 31.2% | |
| Gearing (liabilities / total assets) | 68.4% | 78.6% | 78.4% | |
| Current ratio | 1.42x | 1.41x | 1.33x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 7 times since incorporation
- MITIE SECURITY LIMITED 2006-07-25 → present
- MITIE SECURITY 2006 LIMITED 2006-03-08 → 2006-07-25
- INITIAL SECURITY LIMITED 1999-12-30 → 2006-03-08
- RENTOKIL INITIAL SECURITY SERVICES LTD 1997-09-01 → 1999-12-30
- RENTOKIL SECURITY SERVICES LIMITED 1995-01-31 → 1997-09-01
- SECURIGUARD SERVICES LIMITED 1990-09-10 → 1995-01-31
- CONSOLIDATED SAFEGUARDS LIMITED 1982-01-01 → 1990-09-10
- SEBOW LIMITED 1971-06-03 → 1982-01-01
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, 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...”
Group structure
- MITIE SECURITY LIMITED · parent
- Esoteric Limited 100%
- Mitie Aviation Security Limited 99.9%
- Procius Limited 100%
- UK CRBS Limited 100%
- Source8 Delivery (Nigeria) Limited 10%
Significant events
- “The Company acquired the trade and certain net assets of Marlowe Fire & Security Limited, a fellow subsidiary company, on 1 April 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 35 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MITIE COMPANY SECRETARIAL SERVICES LIMITED | Corporate Secretary | 2006-06-30 | — | — |
| DICKINSON, Peter John Goddard | Director | 2017-04-19 | Mar 1962 | British |
| PHILLIPS, Paul Michael | Director | 2025-05-27 | Oct 1977 | British |
| TOWSE, Jason Mark | Director | 2019-01-18 | Jan 1970 | British |
| WOODS, Katherine Louise | Director | 2025-05-27 | Dec 1983 | British |
Show 35 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BROWN, Gareth Trevor | Secretary | 1993-10-08 | 2006-03-07 |
| PLATAIS, Robert John | Secretary | — | 1993-10-08 |
| ROSS, Corina Katherine | Secretary | 2006-03-07 | 2006-06-30 |
| BALDWIN, Russell | Director | 1997-01-06 | 1997-04-04 |
| BAXTER, Suzanne Claire | Director | 2012-09-19 | 2015-10-26 |
| BAXTER, Suzanne Claire | Director | 2006-05-08 | 2010-03-02 |
| BLUMBERGER, Richard John | Director | 2017-04-19 | 2019-01-18 |
| EVANS, Garry | Director | 2002-07-08 | 2006-11-24 |
| FLANAGAN, Jeffrey Paul | Director | 2006-05-08 | 2012-03-26 |
| FLANAGAN, Jeffrey Paul | Director | 2006-03-07 | 2006-04-04 |
| FLETCHER, Brian | Director | 1992-12-17 | 1994-05-13 |
| FORSYTH, Robert David | Director | 2012-03-26 | 2017-04-27 |
| FREEMAN, Martyn Alexander | Director | 2012-03-26 | 2017-04-19 |
| GODDEN, Nigel Charles | Director | — | 1992-12-17 |
| GOODMAN, Neville Roger | Director | 2006-03-07 | 2012-03-30 |
| HILLHOUSE, James | Director | — | 1998-12-31 |
| HOLROYD-SMITH, Peter | Director | — | 1993-10-08 |
| HOWROYD, David Rowan | Director | 1996-01-01 | 1997-04-04 |
| LEEKS, John Richard | Director | — | 1998-04-01 |
| LOWE, David Michael Peirse | Director | 1992-12-17 | 1994-01-19 |
| MCGREGOR-SMITH, Ruby | Director | 2012-09-19 | 2015-10-26 |
| MCGREGOR-SMITH, Ruby | Director | 2006-03-07 | 2010-02-08 |
| MOULE, Richard | Director | 2005-07-01 | 2006-06-05 |
| O`NEILL, Anthony Arthur | Director | 1998-05-22 | 2005-05-17 |
| PAYNE, Roger Christopher | Director | 1993-10-08 | 1998-02-02 |
| PLATAIS, Robert John | Director | — | 1995-05-05 |
| PRESTON, John Edwin | Director | 1998-08-03 | 2002-07-08 |
| STEWART, Ian Reginald | Director | 2006-03-07 | 2007-03-30 |
| STOPFORD, Dennis | Director | 1997-08-13 | 2001-01-30 |
| STOPFORD, Dennis | Director | — | 1997-07-09 |
| THOMPSON, Clive Malcolm, Sir | Director | 1993-10-08 | 1996-11-22 |
| TOMLIN, Julian Spencer | Director | 2007-09-27 | 2015-04-27 |
| TUNNELL, Michael Frank | Director | 1994-01-17 | 1999-07-21 |
| VAN LIDTH DE JEUDE, Alain | Director | 2005-02-14 | 2006-03-07 |
| WARD, Clive Merrick Norman | Director | 1999-08-13 | 2006-03-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mitie Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-03-23 | Active |
| Mitie Security Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2023-03-23 |
Filing timeline
Last 20 of 237 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-02-13 MA Memorandum articles
- 2025-02-13 RESOLUTIONS Resolution
- 2021-10-24 RESOLUTIONS Resolution
- 2021-10-24 MA Memorandum articles
- 2021-10-24 CC04 Statement of companys objects
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-21 | AA | accounts | Accounts with accounts type full | |
| 2025-10-02 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-09-02 | AA | accounts | Accounts with accounts type full | |
| 2025-06-13 | CH01 | officers | Change person director company with change date | |
| 2025-05-28 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-13 | MA | incorporation | Memorandum articles | |
| 2025-02-13 | RESOLUTIONS | resolution | Resolution | |
| 2024-10-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-08 | AA | accounts | Accounts with accounts type full | |
| 2023-10-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-08-29 | AA | accounts | Accounts with accounts type full | |
| 2023-04-18 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-04-17 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-04-06 | CH01 | officers | Change person director company with change date | |
| 2022-10-12 | AA | accounts | Accounts with accounts type full | |
| 2022-10-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-24 | RESOLUTIONS | resolution | Resolution | |
| 2021-10-24 | MA | incorporation | Memorandum articles | |
| 2021-10-24 | CC04 | change-of-constitution | Statement of companys objects |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.