Executive Summary
Ila Group Limited was formed in 2010 through the acquisition of Ila Security Limited by Baylon Holdings Limited (formerly Molectra Group Limited) and was quoted on the AIM market of the London Stock Exchange in March 2010. Ila Security Limited was incorporated in July 2008 to manufacture innovative, style-conscious products designed primarily to appeal to women. The founders of Ila believe there was a brand gap in the personal security device market in a society where personal safety is perceived as an increasing issue. Ila therefore set out to manufacture fashionable personal security devices. Ilas first product was the Dusk, a pocket-sized alarm that emits a 120 decibels female scream, designed to scare away a potential attacker and give women time to escape. It is designed as an accessory to be worn on a key chain or handbag, with a range of styles to choose from.
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