GLOBAL FIRE SYSTEMS LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  -3.9%

  £22,744,442 → £21,846,509

• Cash

  -57%

  £2,263,984 → £973,858

• Net assets

  -30.3%

  £1,474,156 → £1,027,666

• Employees

  +2.5%

  157 → 161

• Operating profit

  -86.5%

  £2,058,259 → £277,969

• Profit before tax

  -160.3%

  £842,747 → -£508,474

• Wages

  +7.5%

  £6,513,213 → £7,002,640

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

UHY Hacker Young

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “Through a refocused and increased business development activity we now have a much more desirable pipeline of opportunities for Projects and Maintenance Contracts, further leveraging the expertise we hold in our targeted markets.”
• “Expansion of the previously implemented CRM system into an ERM system continues to mature the business practices, procedure and policies, to provide a strong governance with complete financial visibility.”
• “Health and safety challenges and adherence to compliance continue to be our primary risk, but I am pleased from the robust risk assessments and enhanced training deployed over the past 12 months, coupled with the effective incident investigation process in place, evidenced in a reducing incident frequency and severity.”

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

Filings

5

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.