CatalystWireBeta

Newmark Security PLC

NWT · AIM · Industrial Goods and Services · mcap £9.1m · 98.5p 1 open situation →

EV
£14.5m
EV / EBIT
5.4x
Net debt
£5.2m
FCF yield
-22.9%
Revenue
£21.9m
Share price 1y
−14%
Insiders 12m
no deals
Next report
around 14 Jan

Newmark Security, through Grosvenor Technology, sells time-and-attendance clocks and cloud subscription services (HCM) to workforce management software providers. Its remaining operations are HCM plus Access Control, which is in a disposal process.

Timeline · every situation
dots = announcements

Open · 1

Sale process / strategic review

Access Control strategic review

Review concluded; sale process under way

The Access Control review, begun in January 2026, ended with a unanimous Board decision to sell the business. Persistent software-partner delays on the Janus C4 Ultra programme held back its next-generation product. A buyer search has started; no buyer or price has been announced.

Decision
Board unanimously decided to sell Access Control
Reason
Persistent delays from software partner on Janus C4 Ultra; focus capital on HCM
Business sold
Access Control revenue £2.4m in FY26 (FY25: £2.7m)
Next milestone
Identify a suitable buyer; process has begun

Next: identify a buyer for Access Control

  1. 15 Oct 2026 Review concluded; sale process under way
  2. 21 May 2026 Review concluding
  3. 15 Jan 2026 review ongoing after Janus C4 Ultra delays
Open the full view – chart and every step →

Closed · 4

Balance-sheet stress / refinancingNet debt and financing Net debt £4.8m at year-end; Safetell exit completed · 21 May 2026 – 15 Oct 2026 Disposal of a part (break-up)Safetell strategic review Disposal completed 1 October 2026 · 23 Oct 2025 – 1 Oct 2026 Activist campaignThalassa Holdings Ltd. campaign went quiet · 5 Mar 2025 – 15 Oct 2025 +12% Insider conviction1 director buying £10k in 1 buy · 20 Feb 2024 – 20 May 2024 +13%

Company filings. Not investment advice.

Share this quote

Quote card
Post on X WhatsApp Download image

The link opens this announcement with the quote highlighted. Quotes are checked against the original text.

Add a note