Security firm protects growth with new funding deal

A BIRMINGHAM security firm is targeting expansion after receiving a new funding package.

Close Circuit Security Services works with social landlords, NHS Trusts, commercial and industrial businesses, as well as providing domestic security systems.

It has received £730,000 from Santander Corporate & Commercial to allow it to invest and grow a new division called UK Security Doors Ltd.
 
Founded in 1998, CCSS has grown to provide services to social landlords and businesses across the Midlands. It installs systems including life safety warden calls and fire alarm systems, access control – including automated gates and doors, along with intruder and CCTV systems.

A fast growing electrical division offers emergency lighting and storage heater services.

The company has seen turnover increase from £4.6m in 2012 to £8.2m in 2015 and is expecting it to reach £10m for the latest financial year.
 
The Santander funding will be used to support the development of the UK Security Doors brand, which is focused on developing high quality doors for social landlords and corporate clients. CCSS used to subcontract the manufacture of its range of security doors but quickly realised it could manufacture its own given the strong demand in the market for such products.
 
The funding will also allow CCSS to expand its workforce by hiring five new employees over the next two years, contributing to the overall expansion of the company. The firm currently has around 80 employees.
 
Sarah Kerr, Finance Director, Close Circuit Security Systems, said: “Market research and feedback has shown there is a strong need among corporate markets for high-security doors, both in the Midlands and across the UK. We expect the funding from Santander will enable us to significantly increase our customer outreach and maintain our strong growth.”
 
Andrew Bullock, Relationship Director, Santander Corporate & Commercial, said: “Close Circuit Security Services has a fantastic reputation in the region and has posted substantial and sustainable growth. We are delighted to be working with their ambitious team and to help invest in this new venture which will contribute to the expansion of the company in a clear, defined way.”