OPENVIEW SECURITY SOLUTIONS LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +5.4%

  £56,116,235 → £59,160,804

  highest in 6 filed years

• Cash

  +4,453.6%

  £26,466 → £1,205,149

  highest in 8 filed years

• Net assets

  +18.1%

  £10,960,840 → £12,948,673

  highest in 6 filed years

• Employees

  -2.7%

  337 → 328

  lowest in 6 filed years

• Operating profit

  +151.2%

  £1,117,540 → £2,807,605

  highest in 6 filed years

• Profit before tax

  +236.8%

  £788,101 → £2,654,243

  highest in 6 filed years

• Wages

  +1.7%

  £13,417,122 → £13,639,978

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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.

1. OPENVIEW SECURITY SOLUTIONS LIMITED 2012-05-29 → present
2. CARTEL SECURITY SYSTEMS LIMITED 2012-05-22 → 2012-05-29
3. CARTEL SECURITY SYSTEMS PLC 1997-05-27 → 2012-05-22

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Menzies LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“On the basis of their assessment of the Company's financial position, the directors have a reasonable expectation that the Company will be able to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Significant events

• “Turnover increased by 5.4% to £59,160,804.”
• “Gross profit margin improved from 24.0% to 26.1%, reflecting a 2.1% increase compared to the previous year.”
• “Turnover per employee increased from £167k to £180k, representing an 8.3% increase year-on-year.”
• “The Company reported a pre-tax profit of £2,654,243 for the year (2024 - £788,101).”
• “At the year end the Company had net assets of £12,948,673 an increase of £1,987,833 on the March 2024 position. The Company had net current assets of £12,688,122 as at 31 March 2025 (2024 - £10,770,651).”
• “An apprenticeship scheme has been in place since October 2024 and has proved so successful that the scheme is repeated twice yearly.”
• “The Company is blessed with a strong committed order book and remains positive about the future outlook.”
• “The Company meets its day to day working capital requirements through its ongoing banking facilities. These facilities were renewed, on improved terms, for a further 2 years in March 2024.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.