Case Studies

UK security industry findings

by Mark Rowe

Confidence is sweeping back into the UK security industry, according to a new study from market analysts Plimsoll. The market research firm’s latest figures suggest that half of firms are increasing sales and improving profits so opportunity still waits for those that know where to look.

The analysts point to 60 firms who are delivering growth rates of up to eight per cent with their market share also jumping from 5pc to 7pc in just two years. Plimsoll found:
· 60 firms have seen their sales increase by over 8pc
· These 60 firms now sell on average £13 million per year up from £9m two years ago
· Of the 1000 firms analysed, the average sales increase is only 3.0pc
· However, only 510 companies have increased their sales.

David Pattison, Plimsoll’s senior analyst, said: “It really is essential that businesses look for areas of growth in the market and see how they can keep up with the leaders. These 60 trail-blazing firms are heading-up the new direction of the market and the other companies must take note of those 60 companies. With salaries up and gross margins down, it’s clear as costs grow then sales need to follow suit.”

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