SPS Security Limited (bid as Independent Cleaning Services Ltd)
UnknownCompany number02738677
Company typeUnknown
JurisdictionUnknown
IncorporatedInvalid Date
Concentration risk
Buyer concentrationHigh risk
93%Top 3 buyers account for 93% of total contract value
Sector concentrationHigh risk
100%Top 2 sectors represent 100% of portfolio
Single buyer dependencyHigh risk
79%Largest buyer (University of Lincoln) represents 79% of total value
Route to marketHigh risk
100%100% of contract value via direct award
Contract renewal windowLow risk
1 in 24mo1 contracts due for renewal in next 24 months
New buyer acquisitionHigh risk
0 in 24mo0 new buying relationships in last 24 months
Buyer breakdown9 buyers
Total buyers9
Top 5 concentration99%
Returning buyers9
New buyers (24 mo)0
Top buyers by contract value
Sector breakdown1 sectors
100%
OtherOther
Other
StableContract value£16m
Contracts20
Buyers9
Contract patterns
Avg contract value£798k
Avg duration3yr 7mo
Renewal rate33%
Total contracts20
Awards by year
32019£13m
12020£5k
22021£993k
22023£120k
32024£928k