The UK Security market is set to grow at a healthy four per cent in 2002, according to a new analysis from Plimsoll.
The UK Security market is set to grow at a healthy four per cent in 2002, according to a new analysis from Plimsoll. This will only be good for some, as this growth will not be seen across the industry. Studying the latest figures from the largest 1000 companies
in the security industry, market analysts Plimsoll revealed that over a third of the industry may not see growth at all and could lose 13.0pc of sales on average this year. Almost two thirds of these companies saw profits fall in 2001 and almost 42pc are currently loss making. Despite these factors very few reduced staff and only 52pc made attempts to reduce their asset base. Plimsoll’s First Edition names 483 companies that shared 18.7pc growth last year. Within this group, 121 companies individually increased sales by a minimum of 41.1pc last year! Many of these high growth firms are quite large. In fact, 13 of them make up part of the largest 100 companies in the UK Security industry. Plimsoll has named some of the highest market share earners. Listed below are the current top 10 in the security industry (order of listing corresponds to overall size of company, largest to smallest): 104pc Royal Ordnance; 59.4pc Sealed Air; 42.3pc Video Controls; 51.2pc Leaderflush and Shapland; 72.9pc Wackenhut UK; 100.2pc Matrix-Securities; 58.3pc Alphameric Red Union; 47.9pc Bewator Group; 50.8pc Johnson Security; 67.5pc Resolution Security. In analysing the largest 1,000 players in the access control industry through the graphical Plimsoll Model, the individual strengths and weaknesses of every company are revealed. David Pattison, Senior Analyst at Plimsoll, says: ?I don’t think directors realise how necessary it is to know how other companies in the market are performing. Quite honestly every director must factor in competitive behaviour into their own company thinking. Plimsoll hopes to put this revealing information in the hands of the decision maker.? Priced at ล305 this 1150-page publication reveals trends in performance over the last four years. Order by calling Plimsoll on 01642 626400 and receive a five per cent discount and free next day delivery. Visit www.plimsoll.co.uk.
