SKYGUARD – THE UK’S FASTEST GROWING LONE WORKER PROTECTION PROVIDER REACHES PROFITABILITY

2 Apr 2013

The Directors of Skyguard are delighted to announce that the company has moved into profitability for the first time in its history. This important landmark has been achieved as a result ...

The Directors of Skyguard are delighted to announce that the company has moved into profitability for the first time in its history. This important landmark has been achieved as a result of significant growth in 2012 which saw Skyguard more than double its number of subscribers. The board is delighted with this achievement which follows investment of several million pounds in recent years in service infrastructure, new technology and product development. This has placed the company on a sound financial footing and provides a solid foundation for further expansion in the coming year.

Sales in 2012 were strongly driven by the public sector markets, with the client base expanding to include many more NHS trusts, local authorities and other public organisations. Over half of the country’s police forces also continue to use the Skyguard service to protect vulnerable people.

The Directors are very optimistic about the new financial year and are confident of consolidating their position in the market and reporting further improved trading results.

Skyguard’s CEO James Murray commented, “Clients are coming to realise that lone worker protection doesn’t need to be expensive. With the lingering effects of the recession, more and more organisations are turning to Skyguard as they discover we offer a fully accredited, first-class service at highly-competitive prices.”

Murray continues, “As Skyguard has now achieved its objective of attaining profitability and is cash positive, we can reinvest in the business to take it to the next stage of expansion.”

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Note to Editors:

About Skyguard

Established in 2000, Skyguard provides Europe’s premier personal safety service for lone workers and people at risk. Skyguard offers a range of state-of-the-art personal safety devices linked to our own purpose built, UK based, 24/7 Incident Management Centre certified to the highest lone working industry standards (BS 8484, BS 5979 Category 2). It was the first single purpose Alarm Receiving Centre in the UK to receive these certifications by NSI’s ARC Gold Approval scheme. Skyguard is the UK’s only wholly owned end-to-end service provider, with each component fully certified to all elements of BS 8484.

One of the few companies in the industry to have GPS devices accredited by ACPO’s coveted Secured by Design, the Skyguard service is used by over half the UK’s Police forces to protect the most vulnerable in society.

In August 2011, Skyguard launched the world’s first and only localised emergency response service operating in 36 countries across Europe, the Russian Federation and South Africa.