GS 2025 Limited (04995592): administration
- Status
- Administration ended
- Administration began
- 2025-08-27
- Administrators' firm
- Gallowglass Security Partners
- Formerly
- Gallowglass Security Limited
- Incorporated
- 2003-12-15
- Location
- London
- Industry
- 80100 Private security activities
Why it went into administration
- Creditor pressure / legal action
- HMRC / tax arrears
- Management failings / irregularities
- Competition / price pressure
- Rising costs / inflation
- Sustained trading losses
- Brexit
From the administrators' statement
Gallowglass Security Limited was incorporated on 15 December 2003 and forms part of a wider group structure alongside Gallowglass Security Partners LLP, which was established in 2012. The LLP is the sole shareholder of the Company and acts as its management vehicle under the terms of a Security Support Service Agreement and a transfer pricing policy. Pursuant to this arrangement, all customer contracts are held by the LLP, whereas the Company employs the workforce and fulfils the majority of service delivery obligations.
The Gallowglass brand was originally established in 1999 as a provider of event security services. The business subsequently grew, building a strong reputation within the sector and deriving much of its work through repeat business and word-of-mouth referrals. Following the Company's incorporation in 2003 and the subsequent formation of the LLP in 2012, the business continued to operate through this dual structure.
The Company’s principal activities related to the provision of manned guarding, event security, and associated support services. In addition, it undertook specialist assignments including writs of control, enforcement action, and other enforcement-related services. The business model was heavily dependent on the reputation and client relationships of the founder and senior management team. Whilst this approach supported client retention and continuity of work, it also created a degree of key-person dependency which represented a structural risk to the business’s long-term sustainability.
Administrators' statement of proposals (2025-10-24) · Companies House register