VERISURE SERVICES (UK) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-01-23 (in 8mo)
Last made up 2026-01-09
Watchouts
Cash
-£47M
+9.9% vs 2023
Net assets
-£268M
-12% vs 2023
Employees
1,334
-9.1% vs 2023
Profit before tax
-£29M
+37.5% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Turnover | — | £79,672,278 | £86,118,197 | |
| Operating profit | — | -£31,789,332 | -£12,898,352 | |
| Profit before tax | — | -£46,025,962 | -£28,774,065 | |
| Net profit | — | -£46,025,962 | -£28,774,065 | |
| Cash | -£17,201,595 | -£52,528,400 | -£47,321,937 | |
| Total assets less current liabilities | — | -£8,034,848 | -£6,592,747 | |
| Net assets | — | -£239,387,133 | -£268,161,198 | |
| Equity | -£193,361,171 | -£239,387,133 | -£268,161,198 | |
| Average employees | — | 1,468 | 1,334 | |
| Wages | — | £43,938,781 | £41,378,019 | |
| Directors' remuneration | — | £270,850 | £429,907 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+8.1%
£79,672,278 £86,118,197
-
Cash
+9.9%
-£52,528,400 -£47,321,937
-
Net assets
-12%
-£239,387,133 -£268,161,198
-
Employees
-9.1%
1,468 1,334
-
Operating profit
+59.4%
-£31,789,332 -£12,898,352
-
Profit before tax
+37.5%
-£46,025,962 -£28,774,065
-
Wages
-5.8%
£43,938,781 £41,378,019
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | — | -39.9% | -15.0% | |
| Net margin | — | -57.8% | -33.4% | |
| Return on capital employed | — | 395.6% | 195.6% | |
| Current ratio | — | 0.07x | 0.07x | |
| Interest cover | — | -2.23x | -0.81x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company has net current liabilities of £61,684,449 (Restated 2023: £68,859,902) and net liabilities of £268,161,198 (2023: £239,387,133) at the reporting date. As the company continues to work through the upfront investment period of its business model, it is being supported with funding from its parent company whenever required. It is expected to reach breakeven point (from a net income perspective) by 2027.”
Significant events
- “The Russian invasion of Ukraine has caused a major humanitarian crisis. The company has no operations in Russia, Belarus or Ukraine, nor any material vendor or supplier relationships. However, the company is closely monitoring the situation in case of further escalation.”
- “Following the outcome of the 2024 United States presidential election, the global political and economic landscape has entered a new phase of policy direction and market response.”
- “Investment in LockGuard Technology to enhance customer protection capabilities, reinforcing competitive differentiation and supporting growth in market share.”
- “Launch of Dedicated Camera Support Team to provide expert support for clients using the company's camera systems, improving customer experience and service retention.”
- “On 8 October 2025, the Verisure Group completed its initial public offering and was successfully listed on Nasdaq Stockholm stock exchange.”
- “On 31 October 2025 the company's immediate parent company, Verisure Group AB, advanced the company a further loan of £65,000,000 increasing the outstanding principal amount to a total of £325,000,000.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BIRCH, Ivan Lionel | Secretary | 2024-12-31 | — | — |
| ALLENDER, Olivier Franck | Director | 2024-04-15 | Jul 1969 | French |
| BRIAND, Gurvan Matthieu Michel | Director | 2024-05-15 | Jan 1978 | French |
| REKKO, Edouard Rene | Director | 2024-08-23 | Mar 1981 | Dutch |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KIREMIDJIAN, John | Secretary | 2014-06-06 | 2018-06-01 |
| VAQUE, Armony | Secretary | 2018-06-01 | 2024-12-31 |
| A G SECRETARIAL LIMITED | Corporate Secretary | 2014-01-10 | 2014-01-10 |
| ANGUITA RUIZ, Antonio | Director | 2015-10-21 | 2016-02-12 |
| GIL LASA, Luis Maria | Director | 2015-08-03 | 2025-04-23 |
| HART, Roger | Director | 2014-01-10 | 2014-01-10 |
| PEDERSEN, Rasmus Hermann | Director | 2014-01-10 | 2015-10-08 |
| SANCHEZ DELGADO, Jose Gabino | Director | 2015-08-03 | 2024-09-30 |
| STAVELAND, Tore | Director | 2014-01-10 | 2015-10-08 |
| A G SECRETARIAL LIMITED | Corporate Director | 2014-01-10 | 2014-01-10 |
| INHOCO FORMATIONS LIMITED | Corporate Nominee Director | 2014-01-10 | 2014-01-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Verisure Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-09-16 | Active |
| Securitas Direct Ab | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2025-06-10 |
Filing timeline
Last 20 of 82 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-02 | AA | accounts | Accounts with accounts type full | |
| 2026-03-03 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-02-26 | ANNOTATION | miscellaneous | Legacy | |
| 2026-01-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-22 | RP01AP01 | officers | Replacement filing of director appointment with name | |
| 2025-11-03 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-11-01 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2025-08-19 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2025-06-18 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-04-28 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-15 | AA | accounts | Accounts with accounts type full | |
| 2025-01-08 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-01-08 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-10-07 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-07 | AA | accounts | Accounts with accounts type full | |
| 2024-05-24 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-24 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-15 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- 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.