Company Overview
Seatec Uk Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 11 August 1987, so this is a well established company. Seatec Uk Limited has been in business for 38 years and 8 months. The accounts status is full and the accounts are next due on Wednesday 30 September 2026.
Registered Address

5Th Floor Skypark, 8 Elliot Place, Glasgow, G3 8EP
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Companies House Data
Company NameSEATEC UK LIMITED
Company NumberSC106026
Registered Office Address5th Floor Skypark
 8 Elliot Place
 G3 8EP
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date11/08/1987
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryFULL
Returns Next Due Date18/06/2017
Returns Last Made Up Date21/05/2016
Previous Company NameChanged Date
SEATEC SAFETY SYSTEMS LIMITED10 May 2006
Directors & Members
Show Resigned
Allan Christensen - Director
(Danish, 47 years old, born November 1979)
Appointed 17 December 2021
 Active
Johannes Engels - Director
(Dutch, 62 years old, born October 1964)
Appointed 07 May 2020
 Active
Benjamin Hall - Director
(British, 49 years old, born February 1977)
Appointed 24 February 2022
 Active
Patrick Magnin - Director
(Dutch, 48 years old, born June 1978)
Appointed 07 May 2020
 Active
Edward McDermott - Director
(British, 57 years old, born July 1969)
Appointed 08 December 2025
 Active
Secretaries
Show Resigned
Other Company Directorships
Allan Christensen
AI MISTRAL HOLDCO LIMITED
AI MISTRAL LIMITED
AI MISTRAL PARENTCO LIMITED
V SHIPS UK GROUP LTD
V.SHIPS UK LIMITED
VOUVRAY ACQUISITION LIMITED
Johannes Engels
No companies found
Benjamin Hall
BELLATRIX SHIP MANAGEMENT GROUP LIMITED
MARCAS INTERNATIONAL LTD
STAR SIROCCO MIDCO LIMITED
V SHIPS UK GROUP LTD
V.SHIPS LONDON LIMITED
V.SHIPS UK LIMITED
VOUVRAY FINANCE LIMITED
VOUVRAY MIDCO LIMITED
Patrick Magnin
No companies found
Edward McDermott
GRAIG SHIP MANAGEMENT LIMITED
MARCAS INTERNATIONAL LTD
MARLINS TRAINING LIMITED
THE SCOTTISH NAUTICAL WELFARE SOCIETY
V SHIPS UK GROUP LTD
V.SHIPS OFFSHORE LIMITED
V.SHIPS UK LIMITED
VOUVRAY ACQUISITION LIMITED
VOUVRAY FINANCE LIMITED
VOUVRAY MIDCO LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2014 31-Dec-2013
Balance Sheet
Fixed Assets 1,120,706 1,120,706 1,328,779
Current Assets 24,074,312 24,074,312 21,529,715
Creditors Due Within One Year 11,671,338 11,671,338 15,724,889
Working Cap 12,402,974 12,402,974 5,804,826
Total Assets Less Current Liabilities 13,523,680 13,523,680 7,133,605
Long-term Liabilities 0 0 0
Net Assets 13,523,680 13,523,680 7,133,605
Share Capital & Reserves
Share Cap 51 51 51
Profit & Loss Reserves 13,523,629 13,523,629 7,133,554
Other Reserves 0 0 0
Shareholders Funds 13,523,680 13,523,680 7,133,605
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2014 31-Dec-2013
Tangible Fixed Assets - - -
Fixed Assets 4.4% 4.4% 5.8%
Stocks Inventory 1.4% 1.4% 1.9%
Debtors 18.2% 18.2% 16.7%
Cash Bank In Hand 4.1% 4.1% 0.4%
Current Assets 95.6% 95.6% 94.2%
Creditors Due Within One Year 46.3% 46.3% 68.8%
Net Current Assets Liabilities 49.2% 49.2% 25.4%
Creditors Due After One Year 0.0% 0.0% 0.0%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 53.7% 53.7% 31.2%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve 53.7% 53.7% 31.2%
Shareholder Funds 53.7% 53.7% 31.2%
Capital Employed - - -
Total Assets Less Current Liabilities 53.7% 53.7% 31.2%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2014 31-Dec-2013
Liquidity Ratio 2.1 2.1 1.4
Solvency Ratio 2.2 2.2 1.5
Reserves to Assets 0.5 0.5 0.3
Secured Creditors Unlock full report
Mortgages Charges 12
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 11
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2014 31-Dec-2013
Assets 25,195,018 25,195,018 22,858,494
Debt 11,671,338 11,671,338 15,724,889
Net Assets/Debt 13,523,680 13,523,680 7,133,605

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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