Security & Cleaning Services

In order to facilitate the Authority's assessment of a Participant's economic and financial standing, we would look to ensure that all bidders have a liquidity ratio of over 1. To get this ratio, please provide the following calculation, using figures from your most recent audited accounts. Liquidity Ratio = Current Assets ÷ Current Liabilities. A liquidity ratio of 1 or greater indicates that: •The organisation has sufficient short term assets to meet its short term liabilities •The organisation is financially stable in the near term •The risk of cash flow related service disruption is reduced This assessment is intended to establish basic financial resilience, not overall profitability or long term viability.