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Cash

£23k

-3.1% lowest in 3 filed years

Net assets

-£1.1m

-2.8% lowest in 3 filed years

Employees

8

-27.3% lowest in 3 filed years

Profit before tax

-£124k

+63.8% vs 2024

Watchouts

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

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £2,211,637£1,138,422£852,284 -25.1%
Operating profit £81,929-£243,192-£49,440 +79.7%
Profit before tax £23,338-£343,639-£124,371 +63.8%
Net profit -£47,779-£344,958-£30,395 +91.2%
Cash £53,571£24,114£23,378 -3.1%
Total assets less current liabilities £376,044-£44,425-£169,309 -281.1%
Net assets -£751,385-£1,096,343-£1,126,738 -2.8%
Equity -£751,385-£1,096,343-£1,126,738 -2.8%
Average employees 11118 -27.3%
Wages ——— —
Directors' remuneration ——— —

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 2023-12-312024-12-312025-12-31
Operating margin 3.7%-21.4%-5.8%
Net margin -2.2%-30.3%-3.6%
Return on capital employed 21.8%——
Gearing (liabilities / total assets) 127.7%142.9%146.2%
Current ratio 0.42x0.31x0.28x
Interest cover 1.40x-2.42x-0.66x

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 1 time since incorporation

  1. SENGS ENGINEERING SOLUTIONS LIMITED 2019-09-02 → present
  2. SENGS SUBSEA ENGINEERING SOLUTIONS LIMITED 2012-06-08 → 2019-09-02

Audit & accounting basis

Accounting basis
FRS 102 §1A
Reporting scope
Standalone (parent only)
Auditor
Johnston Carmichael LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“As at 31 December 2025, the company had net liabilities of £1.21m (2024: £1.10m) and losses of £30k (2024: £345k). The company's immediate parent company, Pryme Group Holdings Limited, has confirmed its intention to provide adequate operational, strategic and financial support”

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

People

3 active · 9 resigned

Name Role Appointed Born Nationality
BRODIES SECRETARIAL SERVICES LIMITED Corporate Secretary 2024-02-01 — —
BUCHAN, Tyler John Director 2020-04-03 Sep 1985 British
MURRAY, Kerrie Rae Doreen Director 2018-05-14 Sep 1983 British
Show 9 resigned officers
Name Role Appointed Resigned
BUCHAN, Tyler John Secretary 2020-04-03 2024-02-01
MURRAY, Kerrie Rae Doreen Secretary 2018-05-14 2020-04-03
WATSON, Frank William Secretary 2016-11-28 2018-05-31
GRAY, Angus John Director 2017-02-27 2020-02-04
HODKINSON, David John Director 2023-02-02 2023-12-31
KERR, Campbell John Director 2012-06-08 2012-11-15
KERR, Murray Mckay Director 2012-06-08 2019-04-02
SAWAYA MELVILLE, Zeina Director 2019-09-26 2020-10-01
WATSON, Frank William Director 2016-11-28 2018-05-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Pryme Group Holdings Limited Corporate entity Shares 75–100% 2016-11-28 Active

Filing timeline

Last 20 of 104 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2025-11-07 MA Memorandum articles
  • 2025-11-07 RESOLUTIONS Resolution
Date Type Category Description
2026-09-25 AA accounts Accounts with accounts type full PDF
2026-06-10 CS01 confirmation-statement Confirmation statement with updates PDF
2026-06-10 RP01AP01 officers Replacement filing of director appointment with name PDF
2025-11-07 MA incorporation Memorandum articles
2025-11-07 RESOLUTIONS resolution Resolution
2025-11-06 SH10 capital Capital variation of rights attached to shares
2025-11-06 SH08 capital Capital name of class of shares
2025-07-28 AA accounts Accounts with accounts type full PDF
2025-06-18 CH01 officers Change person director company with change date PDF
2025-06-18 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-06-17 PSC05 persons-with-significant-control Change to a person with significant control PDF
2025-01-13 466(Scot) mortgage Mortgage alter floating charge with number
2025-01-13 466(Scot) mortgage Mortgage alter floating charge with number
2025-01-13 466(Scot) mortgage Mortgage alter floating charge with number
2025-01-13 466(Scot) mortgage Mortgage alter floating charge with number
2025-01-03 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-01-03 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-12-23 AA accounts Accounts with accounts type full PDF
2024-12-23 AA01 accounts Change account reference date company previous shortened PDF
2024-06-27 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
7

last 12 months

Capital events
2

last 24 months

Officers appointed
0

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