Seascope Insurance Services Limited
Registered name: SEASCOPE INSURANCE SERVICES LIMITED
Part of Seascope Holdings Ltd groupSeascope Insurance Services Limited made £3.7m revenue and £342k profit in the year to 31 Dec 2024.
Seascope Insurance Services Limited’s revenue fell 21% to £3.7m in the year to 31 Dec 2024, with £342k profit and 0 employees. The company is classified under “non-life insurance”; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 56 yrs · since 1970
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £4.7m | £3.7m |
| Gross profit | £4.7m | £3.7m |
| Operating profit | £75.9k | £173k |
| Profit before tax | £567k | £471k |
| Profit after tax | £435k | £342k |
| Profit (best available) | £435k | £342k |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | 9.3% | 9.3% |
| Gross margin | 100% | 100% |
| Growth (year on year) | ||
| Revenue growth | — | ▼21.3% |
| Profit growth | — | ▼21.4% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £17.6m | £15.4m |
| Net assets | £2m | £1.6m |
| Current assets | £64.9m | £53.9m |
| Debtors | £46m | £37.7m |
| Deferred income | £127k | £127k |
| Source | FullAccounts · bulk data Feb 2026 | FullAccounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 9.3%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 3.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 1022%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼19%
- Now £1.6m
- Cash at bank
- ▼13%
- Now £15.4m
- Headcount
- —
- Now 0
- Deferred income
- 0%
- Now £127k
- Fixed assets
- —
- Now —
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Seascope Holdings Ltdultimate parent75–100%
- Seascope Insurance Services Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Marscope LimitedRev. £9.6m · Profit £4.1m
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £342k), from the Companies House accounts bulk data published Feb 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.