Red24 is a provider of security services, advice and training for the corporate and personal market. Red24 insurance policies provides risk assessment of individual countries and response and rescue services. A 10-for-one share consolidation was undertaken on 7 December 2007. The quoted business was formed when the core trading business reversed into the former late night bars operator Perthshire Leisure to form ARC Risk Management Group in July 2002. A fund raising generated £645,000 gross at 1.25p a share - 12.5p a share post-consolidation. The company name was changed to Red24 in March 2007.