Company Number: 13575191

Analysis Date: 2025-07-20 11:32 UTC

1. Industry Classification
   ALSO SECURE LTD operates within the "Private security activities" sector, classified under SIC code 80100. This sector encompasses businesses providing security services such as manned guarding, alarm response, surveillance, and related protective services. The industry is characterized by a high degree of fragmentation, with numerous micro and small enterprises serving niche or local markets alongside a few large national and international security firms. Key characteristics include reliance on labor-intensive operations, regulatory compliance (e.g., licensing by the Security Industry Authority in the UK), and sensitivity to economic cycles and public/private sector security spending.

2. Relative Performance
   As a micro-entity with current assets of £2,763 and net assets of the same amount at the financial year ending August 2024, ALSO SECURE LTD is at the very smallest scale of operations within the private security sector. The company employs on average one individual, consistent with micro-entity profile criteria. Compared to typical industry metrics, which often feature companies with revenues ranging from hundreds of thousands to multi-millions of pounds, this company operates at a minimal scale. Financially, the lack of fixed assets and low working capital indicates a startup or highly limited scope business, possibly focusing on a very narrow client base or initial market entry.

3. Sector Trends Impact
   The private security sector in the UK has been influenced by several trends: increasing demand for integrated security solutions combining physical and cyber elements, rising labor costs due to minimum wage legislation and SIA licensing fees, and growing competition from technology-driven security providers. ALSO SECURE LTD’s micro size may limit its ability to invest in technology or scale operations to capture these trends fully. However, niche opportunities exist for small firms specializing in bespoke or highly localized services, particularly where trust and client relationships matter. The ongoing emphasis on security post-pandemic and geopolitical uncertainties generally supports demand, but profitability and growth depend heavily on operational scale and contract acquisition.

4. Competitive Positioning
   ALSO SECURE LTD’s strengths lie in its low overhead structure and agility inherent to micro-enterprises. Its private limited company status provides limited liability protection, essential in the risk-sensitive security sector. However, its very small asset base and workforce limit competitive capabilities against larger firms that benefit from economies of scale, broader service portfolios, and stronger brand recognition. The company’s financials do not suggest significant investment capacity or operational breadth, positioning it as a niche or startup player rather than a market leader or even a substantial follower. To improve competitive positioning, growth in client contracts, workforce expansion, and capital investment would be necessary.