Pioneer Safety Group Limited
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Pioneer Safety Group Limited - overview
Established
2017
Location
London, -, UK
Primary Industry
Financial Services
About
Pioneer Safety Group Limited specializes in delivering industrial safety solutions for businesses in hazardous environments, offering tailored equipment and consulting services to ensure compliance with stringent safety regulations. Founded in 2017, Pioneer Safety Group Limited focuses on providing safety solutions for businesses operating in hazardous environments. The company operates globally with its headquarters located in the United Kingdom. It was founded by a team with extensive experience in safety compliance and hazard prevention.
There have been no major pivots in the business strategy since its inception. Pioneer Safety Group (PSG) specializes in providing industrial safety solutions tailored for businesses operating in hazardous environments globally. The company offers a comprehensive portfolio of products and services, including explosion protection equipment, fire risk management consulting, and specialization in hazardous area operations. Their key offerings encompass explosion-proof systems for equipment like lift trucks and engines, audible and visual signaling solutions, and explosion-proof enclosures and components designed to meet stringent safety regulations.
PSG serves a diverse client base across various sectors such as energy, pharmaceuticals, chemicals, food and drink, military, and waste management, ensuring compliance with safety standards like ATEX and IECEx. The company's products are marketed in key international regions, including Europe, North America, and the Middle East. Pioneer Safety Group generates revenue through B2B transactions predominantly focused on industrial safety solutions. The company engages clients by providing tailored consulting services and custom-designed equipment to meet specific safety compliance needs.
Transactions typically involve direct sales to businesses in sectors requiring stringent safety measures, including the sale of flagship products like those under the Pyroban and Ex-tech brands. PSG operates on a pricing model that reflects the complexity and customization of their offerings, which may include both one-time purchases and ongoing support contracts. Clients benefit from PSG's comprehensive solutions, ensuring enhanced safety compliance and operational efficiency in hazardous environments.
Primary Industry
Financial Services
Sub Industries
Financial Services
Website
https://www.pioneersafetygroup.com
Total Amount Raised
Subscriber access only
Pioneer Safety Group Limited - timeline of key events
Pioneer Safety Group Limited - financials
| Fiscal Year Ended | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 |
|---|---|---|---|---|---|
| Revenue (USD) | 15,235,000 | 18,153,000 | - | - | - |
| % Revenue Growth (YoY) | - | 19.2% | - | - | - |
| EBITDA (USD) | (3,934,000) | 327,000 | - | - | - |
| Operating Income (USD) | (4,167,000) | 128,000 | - | - | - |
| Operating Margin | (27.4%) | 0.7% | - | - | - |
| % EBITDA Margin | (25.8%) | 1.8% | - | - | - |
| NET Income (USD) | (4,639,000) | 118,000 | - | - | - |
| % Net Margin | (30.4%) | 0.7% | - | - | - |
Pioneer Safety Group Limited - employee data
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