Smiths Detection (Watford) Limited
UnknownCompany number00480992
Company typeUnknown
JurisdictionUnknown
IncorporatedInvalid Date
Concentration risk
Buyer concentrationHigh risk
97%Top 3 buyers account for 97% of total contract value
Sector concentrationHigh risk
100%Top 2 sectors represent 100% of portfolio
Single buyer dependencyHigh risk
80%Largest buyer (Ministry of Defence) represents 80% of total value
Route to marketHigh risk
100%100% of contract value via direct award
Contract renewal windowMedium risk
3 in 24mo3 contracts due for renewal in next 24 months
New buyer acquisitionHigh risk
0 in 24mo0 new buying relationships in last 24 months
Buyer breakdown14 buyers
Total buyers14
Top 5 concentration99%
Returning buyers14
New buyers (24 mo)0
Top buyers by contract value
Sector breakdown1 sectors
100%
OtherOther
Other
StableContract value£112m
Contracts29
Buyers14
Contract patterns
Avg contract value£4m
Avg duration3yr 3mo
Renewal rate43%
Total contracts29
Awards by year
12021£9m
12022£61k
62023£93m
32024£87k
12026£130k