DCSIMG
SWTS.business.image.e

Sponsored by Scotsman_Business_Orange
PID offers a solution to soaring metal theft problems

KILMARNOCK security specialist PID Systems is set for expansion in England amid booming demand to protect copper, lead and other valuable commodities from theft.

The company, which has seen sales treble during the last 18 months, has spent the past four years developing its own range of battery-powered detection systems branded under the Armadillo name.

Because they don’t require mains electricity, the systems are particularly suited for remote locations such as roof tops, storage yards, open surface mines and electricity substations.

Such sites have become hotspots for crime due to surging commodity prices – the cost of copper, for example, has risen more than seven-fold since 2001 to hit a high of £6,356 per tonne last year.

George Haye, PID director and co-owner, said: “A lot of our clients are utilities providers which have substations full of copper earthing straps that are particularly valuable to theft.

“But it is also a huge problem along railway lines and historic buildings, and even transport companies with remote depots, where vehicle batteries and diesel are stolen.”

Having secured a number of local authority clients in Scotland, PID has now opened a small sales outpost in Harrogate, North Yorkshire. This is expected to soon begin generating revenues to add to the company’s current turnover of nearly £1.2 million.

The company is also recruiting to fill a key post heading up its engineering team, which is expected to grow in the coming months. Staff numbers could double to as many as 12 by this time next year.

“We are crazy busy with Armadillo,” said fellow director Graham Jones, who set up PID in 2007 with Haye.

The two founders each have a 46 per cent stake in the business, with the remainder owned by two further private investors.

PID’s newest system is designed specifically to protect architectural metal on rooftops. Any attempted theft is caught on video, while an indelible UV dye coats intruders and materials so they can be traced back to the scene of the crime.

Network Rail is among those to be hardest-hit by copper theft, which rose by 65 per cent between 2009 and 2010.

According to HM Revenue & Customs, an estimated 10,000 incidents of metal theft cost the UK economy £5.6 billion in lost revenue every year.


Logged in as:


Please adhere to our Community guidelines

Your view

Please to be able to comment on this story.

Find It

"Business owner? - Claim your business and Advertise with us"

In association with qype logo

Looking for...

Featured advertisers

Jobs

Search for a job

Motors

Search for a car

Property

Search for a house

Weather for Edinburgh

Friday 25 May 2012

5 day forecast

Today

Sunny

Sunny

Temperature: 10 C to 21 C

Wind Speed: 14 mph

Wind direction: North east

Tomorrow

Sunny

Sunny

Temperature: 9 C to 20 C

Wind Speed: 15 mph

Wind direction: North east

Press Complaints Commission

This website and its associated newspaper adheres to the Press Complaints Commission’s Code of Practice. If you have a complaint about editorial content which relates to inaccuracy or intrusion, then contact the Editor by clicking here.

If you remain dissatisfied with the response provided then you can contact the PCC by clicking here.

Scotsman.com provides news, events and sport features from the Edinburgh area. For the best up to date information relating to Edinburgh and the surrounding areas visit us at Scotsman.com regularly or bookmark this page.