
THE COMPANY GIVEN TO ME – LONDON SECURITY PTY LTD
Don’t be fooled by the name!
London Security provides fire protection all over Europe. Boasting over 233000 customers within the United Kingdom, Belgium, the Netherlands, Austria, France, Germany, Denmark and, Luxembourg founded in 1933. As soon as I accessed the website, I investigated the company’s “about us” section to gain a better understanding of what business London Securities PTY LTD partook in. I was surprised it was fire protection and not security guards and cameras. While it may not be the most interesting company, it is not a foreign business to me, I deal with companies who perform such duties in my current workplace all the time. Their main duties include servicing fire extinguisher, hose reels and fire alarms while beginning to expand into training and employee development programs. Their corporate statement reflects its ability to recognise and adapt to the current economy. Proven by this statement. “The Group continues its evolution from being solely an extinguisher supplier to the customers’ safety partner. At the same time, the Group will continue to concentrate on its cost base to maintain profitability during the difficult economic environment.” One could assume they are adapting and looking at ways to branch out understanding the current economy. However, i guess my investigations into the firms accounting in the future will reveal the truth! Furthermore, from my research my company has a parent company, I did suspect from reading the website but it was confirmed in the annual reports of the company.
Check out the website for yourself, you will find the annual reports there too!

http://www.londonsecurity.org/index.php
An article from Yahoo Finance – Which talks about return on equity of my company, in simple forms! Great for begineers!
https://finance.yahoo.com/news/note-london-security-plcs-lon-111014425.html