Grace's Guide

British Industrial History

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Securicor

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1935 Began operations providing security services[1]

1949 Securicor advertised as having 14 years experience of providing security services; had a central control room; also offered tele-contact and bank escort services[2]

1951 Night Guards became part of Securicor

1960 a 60 percent interest in the company was acquired by Kensington Palace Hotel Ltd for investment purposes. Later the same company acquired Night Security Ltd to run in conjunction with Securicor[3]

1963 Heavy expenditure by Securicor to fund its expansion affected the parent company's earnings and its ability to raise its dividend[4]

1964 Provided a range of services including security guards at client's premises, security patrols, security vehicles, consultancy and investigations.

By 1969 one of the services offered was the A.A. Securicor Radio Link-Line service for private cars; this was the counterpart of the H.E.L.P. service for commercial vehicles[5]

1973 The Kensington Palace Hotel Ltd and Associated Hotels sold all their hotels[6]. Associated Hotels was renamed Securicor; its quoted subsidiary Kensington Palace Hotel was renamed Security Services[7]

1976 Security Services Ltd was 52 percent owned by Securicor Group[8]

1977 Also owned a Ford dealership; the finance division contributed substantial profits; a significant part of the business was now outside the UK[9]

1978 The parcels service had overtaken cash transport as the largest area of its business[10]

1981 Acquired RCA Security Systems, which it was hoped would be the basis for developing electronic security systems business[11]

1981 Securicor owned the largest private radio telephone network in the UK, with 5000 subscribers; planned to offer American-made Citizen Band radios for sale[12]

1982 Formation of joint venture with British Telecom to offer radiophone services[13] - see Telecom Securicor Cellular Radio

1993 Securicor Custodial Services won the contract to run the London Metropolitan Court Escort and Custody services

1996 Securicor becomes a single PLC, incorporating Security Services

1999 Securicor, finding that its 40 percent of Cellnet did not allow it to sell to another operator, sold its stake to British Telecom[14]

2004 Securicor merged with Group 4 Falck's security businesses to form Group 4 Securicor, the world’s second largest security provider; traded on the London and Copenhagen Stock Exchange.

2006 The G4S brand was introduced worldwide

See Also

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Sources of Information

  1. The Times Feb. 6, 1964
  2. The Times Mar. 29, 1949
  3. The Times May 5, 1960
  4. The Times Jan. 10, 1963
  5. The Times Mar. 5, 1969
  6. The Times June 23, 1973
  7. The Times Aug. 9, 1973
  8. The Times Aug. 11, 1976
  9. The Times Feb. 8, 1977
  10. The Times Feb. 22, 1978
  11. The Times , Aug. 13, 1981
  12. The Times Nov. 5, 1981
  13. The Times Dec. 17, 1982
  14. The Times Sept. 24, 1999
  • [1] G4S history