SEAWARD ELECTRONIC LIMITEDActive

Company number 01674384Private limited companyIncorporated 1982

Key figures

£7,814,709+75.0%
Net assets 2023
+27.5%
Average annual growth 2020–2023
02 m4 m6 m8 m202020212023

SEAWARD ELECTRONIC LIMITED does not disclose its turnover in its latest accounts; the profit for the year is as stated in the accounts.

Ratios

2023
Balance sheet structure
Current assetsFixed assetsLiabilitiesNet assets
05 m10 m15 m202020212023

Dividends

from the accounts
2023

Dividends paid in the financial year: £2,180,000 (69% of the profit for the year).

History
2023£2,180,000
2021£3,783,531
2020£2,151,750
Filed accounts2020–2023
202020212023
Turnover16,493,95319,898,243—
Profit for the year2,729,0753,445,0673,175,714
Cash at bank and in hand2,422,4101,430,1061,143,862
Total assets8,132,6438,096,04411,581,285
Total liabilities3,249,4843,539,6663,550,308
Net assets / total equity4,803,6544,465,1907,814,709
Average number of employees157159178
Average pay (per year)34,01633,91839,803
Dividends paid-2,151,750-3,783,5312,180,000

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Principal activity

Accounts 2023

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.

As described in the company's latest filed accounts.

Summary: SEAWARD ELECTRONIC LIMITED

Company

SEAWARD ELECTRONIC LIMITED is a private limited company registered with Companies House under company number 01674384. It was incorporated on 28 Oct 1982. Its status is active. The registered office is in Peterlee co durham (SR8). Its nature of business (SIC 2007) is manufacture of electronic measuring, testing etc. equipment, not for industrial process control (26511).

Accounts

The latest accounts in the database are for 2023 (period ending 31 Dec 2023); the company files full accounts. Profit for the year was £3,175,714. Net assets were £7,814,709, up 75% on the previous year. Cash at bank and in hand was £1,143,862. Total assets were £11,581,285 and total liabilities £3,550,308. The company had an average of 178 employees. Figures are available for 3 financial years (2020–2023).

Control and charges

One person with significant control is registered. 1 of 6 registered charges are outstanding.

Filing deadlines

The next accounts are due by 30 Sep 2027. The next confirmation statement is due by 14 Aug 2027.