SEAWARD ELECTRONIC LIMITED Financials
- Company number
- 01674384CopyCopy
- Registered office
- 18 Bracken Hill, South West Industrial Estate, Peterlee Co Durham SR8 2SW
- Incorporated
- 28/10/1982
Company snapshot
- Status
- Active
- Employees
- 178 (2023)
- Latest financial data
- 2023
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
14.60%vs 20222022: £6.82M
Total Assets
9.55%vs 20222022: £11.64M
Cash in Bank
-30.93%vs 20222022: £1.66M
Total Liabilities
2.37%vs 20222022: £3.68M
Employees
+7vs 20222022: 171
In 2023, SEAWARD ELECTRONIC LIMITED reported net assets of £7.81M. The same filing shows total assets of £12.75M, cash in bank of £1.14M and total liabilities of £3.77M. Reported headcount was 178 in 2023. Total Assets rose from £11.64M in 2022 to £12.75M in 2023 (9.55%). Okredo holds filed figures for 2021–2023; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
14.60%from £6.82M in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures SEAWARD ELECTRONIC LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+75%vs 2021+32.3% a year compound (CAGR)
Cash in Bank
-20%vs 2021-10.6% a year compound (CAGR)
Total Assets
+44%vs 2021+20% a year compound (CAGR)
Total Liabilities
+3.7%vs 2021+1.9% a year compound (CAGR)
Employees
+11.9%vs 2021+19Biggest increase
Net Assets+75%
£4.47M in 2021 to £7.81M in 2023
Biggest decrease
Cash in Bank-20%
£1.43M in 2021 to £1.14M in 2023
SEAWARD ELECTRONIC LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SEAWARD ELECTRONIC LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 61.30%2023
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 29.54%2023
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 30.37%2023
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 8.97%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for SEAWARD ELECTRONIC LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 4.47M | 6.82M | 7.81M |
| Total Assets£ | 8.85M | 11.64M | 12.75M |
| Cash in Bank£ | 1.43M | 1.66M | 1.14M |
| Total Liabilities£ | 3.63M | 3.68M | 3.77M |
| Employees | 159 | 171 | 178 |
SEAWARD ELECTRONIC LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SEAWARD ELECTRONIC LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
SEAWARD ELECTRONIC LIMITED reported net assets of £7.81M for 2023. That compares with £6.82M in 2022, a change of 14.60%.
SEAWARD ELECTRONIC LIMITED reported total assets of £12.75M for 2023. That compares with £11.64M in 2022, a change of 9.55%.
SEAWARD ELECTRONIC LIMITED reported cash in bank of £1.14M for 2023. That compares with £1.66M in 2022, a change of -30.93%.
SEAWARD ELECTRONIC LIMITED reported 178 employees in 2023, compared with 171 in 2022.
Between 2021 and 2023, SEAWARD ELECTRONIC LIMITED's net assets rose by 75%, cash in bank fell by 20%, total assets rose by 44% and total liabilities rose by 3.7%. Net assets compounded at 32.3% a year across the two years to 2023, from £4.47M to £7.81M. Reported headcount went from 159 in 2021 to 178 in 2023 (+19).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.