UK business analysts are offering some more encouraging news for the UK’s largest security companies.
A new study from Plimsoll, which has analysed the financial health of the largest 2069 security businesses operating in the UK, indicates that, on average, security firms have increased in value by 5pc in the last 12 months.
That company’s 2017 study states while average company value within the industry has increased by 5pc, some 146 trail-blazing firms are leading, having seen their worth soar by 10pc or more. Further findings:
Overall, the value of security firms analysed in the report are up 5pc; however, 206 businesses have seen their value fall by a third.
Plimsoll’s lead author, David Pattison, said: “As a director, taking stock of your company value is a great barometer to measure your success and to analyse the overall state of the market. In all, we have identified 146 businesses that have increased in value by 10pc and their financial performance adds to the belief that the overall market is continually improving. Having said that, we have seen 206 businesses that have seen their value fall by over a third and it is clear that, although the market is improving, it is still a challenging landscape.”
