Question 1

How much was Croma paid in the final deferred payment related to the 2023 disposal of Vigilant Security?

Accepted Answer

On 20 July 2026, Croma received the final £0.4m deferred payment from the 2023 disposal of Vigilant Security, concluding a £6.5m disposal.

Question 2

What turnover and pre-tax result did William Channon report for the 12 months to 31 December 2025?

Accepted Answer

William Channon recorded unaudited turnover of £1.1m and a pre-tax loss of £0.06m for the 12 months to 31 December 2025, with net assets of £1.1m including £0.64m cash.

Question 3

Which UK locations does TLS Security Systems operate from?

Accepted Answer

TLS Security Systems operates from Taunton, UK, running a locksmith and security systems centre that provides regional commercial and retail services.

Question 4

How did Croma Security Solutions Group’s FY2026 EBITDA compare with the prior year?

Accepted Answer

Croma reported FY2026 EBITDA slightly below the prior year at £1.0m versus £1.1m.

Question 5

How much did Croma pay to acquire A. Butler & Sons trading as William Channon?

Accepted Answer

Croma said the acquisition consideration was estimated at £1.0m, funded from existing cash: £600,000 was paid on completion, with the balance due after repayment of the seller’s intra-group loan and completion accounts.

Question 6

What did Croma Security Solutions Group announce on 1 September 2026 regarding its London market entry?

Accepted Answer

Croma announced London market entry via the William Channon acquisition, triggered by completing integration and onboarding the William Channon team and customers into Croma’s services.

Timeline

Croma Security Solutions

Croma buys London locksmith William Channon

Croma Security beats forecasts as revenue climbs 15%

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