Select few “grabbing all the growth” in UK guarding
Plimsoll reports that, in the last 12 months, these companies have increased sales by an average 12% and are “taking further control of the market” as we enter 2012.
Over the last two years, growth in the market per se has been sporadic, averaging 3% two years ago and 0% last year. However, these high growth companies have managed to grow much faster.
Of the 302 companies analysed in the just-published Plimsoll Analysis, 52 were found to be suffering the consequences of these high growth companies. They saw their own sales fall, on average by -11% in the same period.
David Pattison, author of this new market study, told Info4Security: “This is absolute evidence that whatever growth there is in the market is being captured by a select group of companies.”
How are they creating growth?
So what have these companies been doing to create this growth?
Pattison offered the following explanation: “It’s clear that the market is changing. The revenue and growth streams companies took for granted a couple of years ago have changed. Frankly, it’s the one question that we all want to know the answer to: ‘Where is the market heading?’. These 45 ‘winning’ companies seem to have the best idea”.
Despite concerns to the contrary, this is not just a case of larger companies forcing out their smaller competitors. Growth is still being achieved by a number of small and innovative companies (as well as some of the majors).
How to order your copy
The new Plimsoll Analysis provides a full financial analysis on the Top 302 companies in the UK security guarding sector. Their full financial performance over the last four years is presented in the publication.
In truth, the analysis is designed for the busy security manager who needs to spot trends in the overall market, identify and understand threatening competitors.
For those looking for quick growth, the analysis can also be used to seek out acquisition prospects.
Copies of the full 302-page analysis are available now in PDF format and priced at GB pound 350 (+VAT). Readers of Security Management Today (SMT) Online/Info4Security qualigy for a GB pound 50 discount if they quote reference PR/AA10
Click here to order your copy
G4S Cash Solutions (UK) secures five-year contract with YourCash
G4S Cash Solutions, the largest provider of cash solutions in the UK, has been awarded a multi-million pound contract with leading independent European ATM provider YourCash.
The contract, which begins this month, will see G4S provide ATM replenishments and engineering services to 300 ATMs across the UK, 250 of which are located within the country-wide network of one of the market-leading petrol forecourt providers.
The partnership with G4S will give YourCash a single solution to managing its cash processes, in turn allowing for a more efficient and effective cash management mechanism.
Steve Pearson, account manager at G4S Cash Solutions (UK), commented: “We’re looking forward to working with the team at YourCash, and adding value and support to their growth strategy in the coming years. As industry leaders in cash management solutions, G4S is uniquely positioned to identify and introduce process efficiencies such as those designed for YourCash, while continuing to provide the highest possible levels of service. “
Ewan Ogilvie, the director of operations at YourCash, added: “We feel that G4S understands how our business operates. By partnering with G4S, we have been able to streamline our cash management processes and provide a more efficient service for our customers.”
Select few “grabbing all the growth” in UK guarding
Plimsoll reports that, in the last 12 months, these companies have increased sales by an average 12% and are “taking […]
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