Seiche Water Technology Group Ltd

Active10210943Financial servicesIncorporated 2 Jun 2016 · Holsworthy

The principal activities of the group in the year under review were those of the design, development and manufacture of underwater acoustic and visual systems for mitigation and measurement, the design and manufacture of electronic equipment for use by the water industry and the design and manufacture of wave powered self-propelled unmanned vessels. Services include the development of technical products together with the hiring and monitoring of equipment for commercial application, together with the provision of training services for marine mammal observation, passive acoustic monitoring and advanced underwater acoustics. The group's systems are designed to enable clients to comply with environmental regulations to protect marine life from the effects of sound in water.

Revenue

£6.0m

▲ +8.0% vs prior ~12m period

Profit after tax

£62k

Margin -7.8%

Employees

107

▲ +2575.0% vs prior ~12m period

Net assets

£4.9m

Total assets £4.2m

Financial history

Revenue by accounting period

6 periods available · ▲ growth ▼ decline

May 2020
Not available
May 2021
£5.6m
May 2022
£6.0m▲ +8.0%
May 2023
Not available
May 2024
Not available
May 2025
Not available
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 May 2025———107£4.9m
31 May 2024———4£3.9m
31 May 2023———82£3.7m
31 May 2022£6.0m▲ +8.0%-£424k6£4.0m
31 May 2021£5.6m—-£294k83£4.2m
31 May 2020———86—

Latest available figures

Period ending 31 May 2022. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

Profit & loss

Revenue
£6.0m
Gross profit
£3.1m
Operating profit
-£470k
Profit before tax
-£424k
Profit after tax
£62k

Balance sheet

Total assets
£4.2m
Cash
£626k
Total liabilities
Not available
Net assets
£4.9m
Revenue per employee
Not available

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