Seaward Electronic Limited

Active01674384ManufacturingIncorporated 28 Oct 1982 · Peterlee Co Durham

The principal activity of the company continued to be that of the design and manufacture of electrical safety and performance test solutions for customers across the globe; operating in market sectors which include Renewables, Biomedical Engineering, Manufacturing, Utilities & Facilities Management and Aerospace.

Revenue

£19.9m

▲ +20.6% vs prior ~12m period

Profit after tax

£3.4m

Margin 21.3%

Employees

178

▲ +4.1% vs prior ~12m period

Net assets

£7.8m

Total assets £11.6m

Financial history

Revenue by accounting period

5 periods available · ▲ growth ▼ decline

Dec 2019
Not available
Dec 2020
£16.5m
Dec 2021
£19.9m▲ +20.6%
Dec 2022
Not available
Dec 2023
Not available
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Dec 2023——£4.1m178£7.8m
31 Dec 2022——£4.0m171£6.8m
31 Dec 2021£19.9m▲ +20.6%£4.2m159£4.5m
31 Dec 2020£16.5m—£3.3m157£4.8m
31 Dec 2019————£4.2m

Latest available figures

Period ending 31 Dec 2021. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

These are the most recent accounts available to us; more recent accounts may exist at Companies House.

Profit & loss

Revenue
£19.9m
Gross profit
£7.4m
Operating profit
£4.2m
Profit before tax
£4.2m
Profit after tax
£3.4m

Balance sheet

Total assets
£11.6m
Cash
£1.1m
Total liabilities
£3.8m
Net assets
£7.8m
Revenue per employee
Not available

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