How much does Saab Seaeye Limited make?

Saab Seaeye Limited reported revenue of £33m and a loss of £6.1m in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Saab Seaeye Limited have?

Saab Seaeye Limited reported an average of 194 employees in the year to 31 Dec 2025.

Is Saab Seaeye Limited profitable?

No — Saab Seaeye Limited reported a loss of £6.1m in the year to 31 Dec 2025.

Company No. 02022671 · Incorporated 23 May 1986

Saab Seaeye Limited

Registered name: SAAB SEAEYE LIMITED

Part of Saab Ab group

Saab Seaeye Limited made £33m revenue and a £6.1m loss in the year to 31 Dec 2025.

Saab Seaeye Limited’s revenue grew 11% to £33m in the year to 31 Dec 2025, with a loss of £6.1m and 194 employees. The company is classified under “manufacture of other electrical equipment” and is based in Fareham; we hold 5 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 27900Manufacture of other electrical equipment

Status: Active
Location: Fareham, South East
Age: 40 yrs · since 1986
Type: Private Limited Company

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.

Latest accounts · year to 31 Dec 2025

Key figures

Revenue

£33m

Growth ▲11%

Profit

−£6.1m

Growth —

Profit margin

−18.5%

Gross 18.5%

Employees

194

Change ▲1.6%

Profit / employee

−£31.4k

Revenue/employee £170k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

5 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£21.5m	£23.8m	£27.9m	£29.7m	£33m
Cost of sales	£17m	£22.6m	£30.2m	£29.4m	£26.9m
Gross profit	£4.5m	£1.2m	−£2.4m	£298k	£6.1m
Operating profit	£98k	−£5.7m	−£8m	−£6.4m	−£6.2m
Profit before tax	£76.6k	−£5.7m	−£8m	−£6.6m	−£6.8m
Profit after tax	£467k	−£6.9m	−£7.5m	−£6m	−£6.1m
Profit (best available)	£467k	−£6.9m	−£7.5m	−£6m	−£6.1m
Staff costs	£5.5m	£6.7m	£5.9m	£7.3m	£6.5m
Employees (average)	128	148	163	191	194
Ratios
Profit margin	2.2%	−29%	−27%	−20.3%	−18.5%
Gross margin	20.7%	5.1%	−8.4%	1%	18.5%
Revenue per employee	£168k	£161k	£171k	£156k	£170k
Profit per employee	£3.6k	−£46.8k	−£46.1k	−£31.5k	−£31.4k
Growth (year on year)
Revenue growth	—	▲11.1%	▲16.9%	▲6.5%	▲11%
Profit growth	—	▼1583%	—	—	—
Headcount growth	—	▲15.6%	▲10.1%	▲17.2%	▲1.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£5m	£1.5m	£759k	£3.6k	£4.9m
Net assets	£14.1m	£7.2m	£4.7m	£2.2m	£15.1m
Fixed assets	£895k	£473k	£3.5m	£7.1m	£6.6m
Current assets	£25.6m	£20m	£23.1m	£26.4m	£30.8m
Debtors	£6.7m	£5.4m	£4.1m	£4.1m	£4.4m
Deferred income	£8.5m	£10.2m	£15.5m	£17.9m	£15.5m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: −18.5%; Profit ÷ revenue.
Gross margin: 18.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £170k; Revenue ÷ average employees.
Profit per employee: −£31.4k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 20.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 47%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.4%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▲600%; Now £15.1m
Cash at bank: ▲135303%; Now £4.9m
Headcount: ▲2%; Now 194
Deferred income: ▼13%; Now £15.5m
Fixed assets: ▼8%; Now £6.6m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Saab Ab (registered outside the UK register)ultimate parent75–100%
Saab UK Ltd75–100%
Saab Seaeye Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Seaeye LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£6.1m), from the Companies House accounts bulk data published Sep 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.