Tag Archives: Armed Forces Covenant

Security guarding specialist SSGC appoints Haines Watts to manage “rapid growth trajectory”

One of Britain’s fastest-growing specialist security businesses has appointed a leading national accountancy firm as part of its planned expansion strategy that has so far seen a substantial turnover increase to over £60 million per annum.

Robust systems and bespoke technology has enabled SSGC, a niche provider of fully-vetted security officers, to deploy hundreds of individuals to secure and marshal the COVID-19 testing programme at centres right across the UK, building on the significant growth already achieved by the company throughout 2019.

Further, the business has now appointed Haines Watts, the accountancy firm with more than 50 offices nationwide, to manage its financial affairs as it draws up its long-term expansion plan after securing contracts which have underpinned the aforementioned robust and rapid growth in turnover.

Swindon-based SSGC has demonstrated its ability to rapidly provide hundreds of guarding personnel within very tight time windows, many of them former military personnel returning to front line duties as part of the national Coronavirus effort.

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Mike Lloyd, a partner at Haines Watts (left), with Guy Dungworth (a shareholder in SSGC) and David Stubbs (managing director at SSGC)

Reinforcing the front line

“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,” said David Stubbs, managing director of SSGC, in conversation with Security Matters. “Appointing an equally top flight accountancy firm was always part of our long-term planning.”

Stubbs continued: “Growth has always been a major part of our strategy, but our ability to demonstrate a robust response to the Government’s needs during the COVID-19 lockdown suddenly accelerated those plans. We had 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 when it comes to shaping our future direction.”

Mike Lloyd, partner with Haines Watts, responded: “We provide services to thousands of businesses, many of which, like SSGC, are going through a phase of significant growth in a short time. Expansion presents new and exciting challenges and secures a spot for SSGC as a major corporate player. This is a target the business was already heading towards before current events arose.”

Lloyd continued: “Accountancy services fall broadly into two distinct areas, namely compliance and planning. From the compliance side, we can make sure that SSGC meets all of the necessary legal and tax requirements. With planning, we can help optimise areas such as tax management, financial modelling and scenario forecasting in order to maximise the financial fluidity of the company under growth. We are already working with the directors on both fronts at this key time in the company’s evolution.”

Armed Forces Covenant signatory

A signatory to the Armed Forces Covenant, SSGC is an ethical business committed to supporting the military community through remobilisation projects and is also being supported by other key partners in Skipton Business Finance and Squire Patton Boggs Solicitors in delivering on the Government’s call to action.

SSGC is a Security Industry Authority Approved Contractor Scheme registered business that was formed by MBO back in 2014

David Stubbs, himself a former military policeman, concluded: “This is a very exciting time for the business as we transition into the next phase of our development. Working with Haines Watts provides seamless access to the financial services and expertise we will be leaning on this year as we execute the next phase of our growth.”

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Institute of Risk Management pledges commitment to Armed Forces community by signing Armed Forces Covenant

Senior members of the Institute of Risk Management (IRM) recently gathered at a co-signing ceremony for the Armed Force’s Covenant at Horseguards Parade in London. The signing was between the IRM and the Greater London Reserve Force’s and Cadet’s Association (GLRFCA).

Guests included IRM Board members. There were also representatives present from the Kent Army Cadet Force including Lieutenant Colonel Simon Dean OBE, Deputy Commandant Major Richard Phillips and Regimental Sergeant Major Pete Barnes. SO1 Lieutenant Colonel David Utting (head of engagement for the British Army) was also present and gave a brief message on partnering with defence.

The signing between the IRM and GLRFCA signifies an ongoing commitment to service leavers and personnel as laid out in the pledge.

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Socrates Coudounaris CFIRM (left), chairman of the IRM, and SO1 Lieutenant Colonel David Utting (head of engagement for the British Army)

Socrates Coudounaris CFIRM, chairman of the IRM, said: “It was a great privilege to be here today to co-sign the Armed Forces Covenant. It’s vitally important that the Armed Forces and businesses are mutually engaged. This signifies a wider pledge by the IRM to increase the risk management profession’s visibility to ex-military personnel. We provide accessible and relevant training and qualifications that will help ex-Armed Forces personnel in making the transition to the business world.”

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Lieutenant Colonel Simon Dean OBE and Captain Vicky Robinson (country PR for the Kent Army Cadet Force and head of marketing and communications at the IRM)

Coudounaris added: “Many of the skills learned by services personnel naturally cross over into the world of risk management and we’re keen to ensure these skills are recognised and that we can help support individuals’ lifelong learning and career transition where possible.”

Drew Jeacock, head of engagement for the GLRFCA, stated: “The Government is committed to supporting the Armed Forces community by working with a range of partners who’ve signed the Armed Forces Covenant. It’s a national responsibility involving Government, businesses, local authorities, charities and the public. Demonstrating commitment to the Armed Forces family is a significant gesture and I hope that the IRM will embrace the intent and values that we hold close to our core. We value the IRM’s support.”

*The IRM supports Captain Victoria Robinson, the organisation’s head of marketing and communications, who’s also the county PR officer for the Kent Army Cadet Force, with leave for annual camp and other cadet-related activities

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Security Monitoring Centres signs Armed Forces Covenant

Security Monitoring Centres (SMC) has signed the Armed Forces Covenant and pledged to be an Armed Forces-friendly organisation. SMC is a part of Carrier, a leading global provider of HVAC, refrigeration, fire, security and building automation technologies.

SMC offers valuable employment, training and flexible working arrangements to those who have served their country, relatives of those who are currently serving or those who might be reservists who need time away to fulfil their military obligations.

When an individual leaves the Armed Forces, SMC will assist potential recruits’ transition into civilian life through bespoke forums, meetings, recruitment sites and/or breakfast clubs where SMC can showcase career opportunities for ex-services personnel to work in their business.

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The Armed Forces Covenant aims to support military spouses with their job-seeking through The Army Families Federation, in conjunction with the Naval and RAF Families’ Federations, which have come together to create ‘Forces Families Jobs’, a ‘one-stop shop’ where spouses and family members of UK Armed Forces military personnel can apply for jobs directly with employers who’ve signed the Armed Forces Covenant.

“SMC welcomes this opportunity, which is only available to those who have signed the Armed Forces Covenant,” said Colin Walters, managing director of the firm. “We’re able to promote our organisation, advertise job vacancies and access a large, highly skilled candidate database of working Armed Forces family members.”

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