Last year, these companies grew by an average 14 per cent compared with an industry average of 10.9 per cent. Their profit margins for the year also averaged at 5.6 per cent, way above the industry norm of 3 per cent.
Among the top performers is Response Electronics, which increased its sales by over £2.4 million achieving a 40 per cent growth with total sales at almost £6.1 million.
Christie Intruder Alarms achieved the biggest turn around in profit margin in 2001. It made a 42 per cent improvement and now holds a healthy 13.9 per cent profit margin. The company was able to maximise profitability since it holds no debts, and achieved annual sales of more than £4.3 million.
The 11 trailblazers are:
- Christie Intruder Alarms
- Coomber Security Systems
- Kingfisher Security (UK)
- Rapide Security & Surveillance
- Raysil Security Systems
- Reliance Security Group
- Response Electronics
- Selec Systems
- Sound and Visual Systems
- T H White Holdings
- Westsec Security
Plimsoll has also analysed the best trading partners within the security industry in general, focusing on the top 50 companies chosen from a list of 1,000 security companies. Said to have achieved an average growth of 22 per cent compared with the industry norm of 8.7 per cent, their profit margins were also some 3 per cent above the industry average.
Among the list are Adams Rite Europe, Blick UK, Constant Security Services, Eurotech Security Services, Reliance Security Group, Securicor Guarding, Vicon Industries, Videcon, Video Controls, Volumatic, Westcountry Security and Whitehall Security Services.
Source
Security Installer
Postscript
A full list of the top 50 companies is available from Jennifer Ovington at Plimsoll Publishing, Tel: 01642 257800.