SECURE INNOVATION GROUP 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

  +2.3%

  £13,804,973 → £14,116,846

• Cash

  -27%

  £458,845 → £335,000

• Net assets

  -44.1%

  £2,023,041 → £1,130,423

  lowest in 4 filed years

• Employees

  +6.7%

  134 → 143

  highest in 4 filed years

• Operating profit

  -1,437.7%

  £70,375 → -£941,437

• Profit before tax

  -466.3%

  -£223,203 → -£1,263,955

• Wages

  +7.4%

  £4,968,326 → £5,335,102

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. SECURE INNOVATION GROUP LIMITED 2023-01-06 → present
2. STAYSAIL LIMITED 2010-03-30 → 2023-01-06

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Westcotts (SW) LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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 group's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.”

Group structure

1. SECURE INNOVATION GROUP LIMITED · parent
   1. Secure Innovation Limited 100% · UK · design, assembly and service and maintenance of cash protection systems
   2. British Energetics Limited 100% · UK · development and manufacture of smoke and dye pyrotechnics
   3. Spinnaker International Limited 100% · UK · dormant
   4. Crimetag Limited 100% · UK · dormant
   5. India Secure Innovation Private Limited 100% · India · design, assembly and service and maintenance of cash protection systems
   6. Latam Secure Innovation Limited 100% · Costa Rica · design, assembly and service and maintenance of cash protection systems

Significant events

• “During 2024-25 the Group completed an extensive programme of factory enhancements, supported by the Cornwall & Isles of Scilly Good Growth Fund. This work included the installation of solar panels and electric vehicle charging points as part of the Group's commitment to carbon footprint reduction, improvements to staff welfare facilities, and the installation of a fully automated and integrated component storage system.”
• “Throughout 2024-25 significant R&D investment was made on behalf of one major customer for a specific project that was subsequently put on hold by the customer. This resulted in c.£343,000 of costs being fully expensed by the Group throughout the financial year which is included in exceptional expenditure within the financial statements.”
• “The Group has also continued its global expansion and market reach by opening a new overseas subsidiary in Costa Rica and increasing its global talent pool.”

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

1

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.