Swindon security firm SSGC's annual revenue rises to £60 million after helping marshal Covid tests

SSGC quickly provided fully-vetted security officers, many of whom were military veterans, to help manage the government’s Covid-19 testing sites around the UK

The company appointed Haines Watts to manage its finances as it draws up a long-term expansion plan after securing contracts which saw its annual turnover rise six-fold.

Managing director David Stubbs said: “Reinforcing our front line in the fight against Covid-19 has meant making some sound decisions as we rise through the ranks of security firms to be part of the top flight of specialist businesses.

“Appointing an equally top-flight accountancy firm was always part of our long-term plan. Growth has been a major part of our strategy but our ability to demonstrate a robust response to the government’s needs during lockdown suddenly accelerated those plans.

“We’d already established a good relationship with Haines Watts, so a complete move to take advantage of a strategic finance partner that complements our own direction of travel will definitely help us shape our future direction.”

Haines Watts partner Mike Lloyd said: “We provide services to thousands of businesses, many of which are going through a phase of significant growth in a short time.

“Expansion presents new and exciting challenges and secures SSGC as a major corporate player – a target they were already headed towards before current events arose.

“Accountancy services fall broadly into two distinct areas – compliance and planning. From the compliance side we can make sure they meet all of the legal and tax requirements while with planning we can help optimise around areas such as tax management, financial modelling and scenario forecasting to maximise the financial fluidity of the company under growth.

“We are already busy working with the directors on both fronts and look forward to working alongside them at this key time in the company’s evolution.”