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Cash

£19M

+41% vs 2023

Net assets

£25M

+34.4% vs 2023

Employees

77

+10% vs 2023

Profit before tax

£8.4M

+73% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

2-year trend · Δ = latest vs prior filed period · latest reflected 2024-09-30

Metric Trend 2023-09-302024-09-30 Δ vs prior
Turnover £17,054,810£22,417,859 +31.4%
Operating profit £4,389,859£7,526,983 +71.5%
Profit before tax £4,838,528£8,371,360 +73%
Net profit £4,797,095£6,267,558 +30.7%
Cash £13,798,167£19,459,666 +41%
Total assets less current liabilities
Net assets £18,372,671£24,698,241 +34.4%
Equity £18,372,671£24,698,241 +34.4%
Average employees 7077 +10%
Wages £2,899,954£3,085,311 +6.4%
Directors' remuneration £0£0

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show . About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-09-302024-09-30
Operating margin 25.7%33.6%
Net margin 28.1%28.0%
Current ratio 8.12x6.64x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Name history

Renamed 2 times since incorporation

  1. SEACON (EUROPE) LIMITED 1998-09-29 → present
  2. SEA CONNECTIONS SYSTEMS LIMITED 1987-03-05 → 1998-09-29
  3. RAPID 2669 LIMITED 1987-02-19 → 1987-03-05

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Rödl & Partner Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“After making enquiries, the Director have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

4 active · 13 resigned

Name Role Appointed Born Nationality
BARKSDALE, Harold Gregory Director 2014-06-30 Dec 1964 American
COOPER, Stephen Christopher Director 2014-06-30 Mar 1970 British
DENNEY, Sam Director 2024-05-01 Feb 1987 British
MOLLOY, Alan Gerard Director 2025-09-01 Jun 1968 Irish
Show 13 resigned officers
Name Role Appointed Resigned
FOREMAN, Neil Anthony Secretary 2001-01-24 2014-06-30
PARKER, David Andrew Secretary 2001-01-24
BROOKS, Casey Director 2020-05-11 2021-03-29
BUGGY, Richard Mark Director 2017-08-25 2020-05-11
FULFORD, Ashley Raymond Director 2021-03-29 2024-01-31
HALL, Kevin Director 2000-04-01 2014-06-30
KNIGHT, Christopher Director 2000-03-31
LARDY, James Director 2004-03-18
NEWELL, Craig Anthony Director 2014-10-30 2017-05-01
PARKER, David Andrew Director 2014-06-30
SEILHAN, Denton Director 2014-06-30
SIMAR, Patrick Director 2014-06-30
SITES, Donald Wayne Director 2014-06-30 2017-08-16

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Te Connectivity Plc Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2024-09-30 Active
Te Connectivity Ltd. Corporate entity Shares 75–100% 2016-04-06 Ceased 2024-09-30

Filing timeline

Last 20 of 150 total filings

Date Type Category Description
2025-09-15 AP01 officers Appoint person director company with name date PDF
2025-08-22 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-07-03 AA accounts Accounts with accounts type full
2024-10-14 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2024-10-14 PSC02 persons-with-significant-control Notification of a person with significant control PDF
2024-08-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-04 AA accounts Accounts with accounts type full
2024-05-14 AP01 officers Appoint person director company with name date PDF
2024-01-31 TM01 officers Termination director company with name termination date PDF
2023-08-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-06-30 AA accounts Accounts with accounts type full
2022-08-15 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-07-04 AA accounts Accounts with accounts type full
2021-08-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-04-30 AA accounts Accounts with accounts type full
2021-04-06 AP01 officers Appoint person director company with name date PDF
2021-04-06 TM01 officers Termination director company with name termination date PDF
2020-09-04 AA accounts Accounts with accounts type full
2020-08-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2020-05-20 AP01 officers Appoint person director company with name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page