How much does Barnet Lock and Security Limited make?

Barnet Lock and Security Limited reported revenue of £1.1m and £13.7k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Barnet Lock and Security Limited have?

Barnet Lock and Security Limited reported an average of 11 employees in the year to 31 Dec 2024.

Is Barnet Lock and Security Limited profitable?

Yes — Barnet Lock and Security Limited reported a profit of £13.7k in the year to 31 Dec 2024.

Company No. 04312460 · Incorporated 29 Oct 2001

Barnet Lock and Security Limited

Registered name: BARNET LOCK AND SECURITY LIMITED

Part of Dpsa Group Ltd group

Barnet Lock and Security Limited made £1.1m revenue and £13.7k profit in the year to 31 Dec 2024.

Barnet Lock and Security Limited’s revenue fell 10% to £1.1m in the year to 31 Dec 2024, with £13.7k profit and 11 employees. The company is classified under “other retail sale of new goods in specialised stores (not commercial art galleries and opticians)” and is based in Hertford; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47789Other retail sale of new goods in specialised stores (not commercial art galleries and opticians)

Status: Active
Location: Hertford, East of England
Age: 24 yrs · since 2001
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2024

Key figures

Revenue

£1.1m

Growth ▼9.8%

Profit

£13.7k

Growth ▲49.3%

Profit margin

1.2%

Gross 46%

Employees

Change 0%

Profit / employee

£1.2k

Revenue/employee £103k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	No P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	£1.3m	£1.1m
Cost of sales	—	£708k	£610k
Gross profit	—	£544k	£520k
Operating profit	—	£27.9k	£51.2k
Profit before tax	—	£9.2k	£34.3k
Profit after tax	—	£9.2k	£13.7k
Profit (best available)	—	£9.2k	£13.7k
Employees (average)	11	11	11
Ratios
Profit margin	—	0.7%	1.2%
Gross margin	—	43.4%	46%
Revenue per employee	—	£114k	£103k
Profit per employee	—	£835	£1.2k
Growth (year on year)
Revenue growth	—	—	▼9.8%
Profit growth	—	—	▲49.3%
Headcount growth	—	0%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£120	£120	£120
Net assets	£98.7k	£108k	£121k
Fixed assets	£228k	£268k	£209k
Current assets	£473k	£503k	£495k
Debtors	£205k	£139k	£206k
Source	AbridgedAccounts · bulk data Apr 2024	AbridgedAccounts · bulk data Apr 2024	FullAccounts · bulk data May 2025

Derived from the latest filing

How the business works

Profit margin: 1.2%; Profit ÷ revenue.
Gross margin: 46%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £103k; Revenue ÷ average employees.
Profit per employee: £1.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 18.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18.3%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲13%; Now £121k
Cash at bank: 0%; Now £120
Headcount: 0%; Now 11
Deferred income: —; Now —
Fixed assets: ▼22%; Now £209k

Corporate ownership

Group structure

Ownership chain

Dpsa Group Ltdultimate parent75–100%
Barnet Lock and Security Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

TBB Electrical & Security Group LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £13.7k), from the Companies House accounts bulk data published May 2025. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.