How much does See Tech Limited make?

See Tech Limited reported revenue of £10.7m and £364k profit in the year to 31 Oct 2025, according to its accounts filed at Companies House.

How many employees does See Tech Limited have?

See Tech Limited reported an average of 51 employees in the year to 31 Oct 2025.

Is See Tech Limited profitable?

Yes — See Tech Limited reported a profit of £364k in the year to 31 Oct 2025.

Company No. 02640665 · Incorporated 27 Aug 1991

See Tech Limited

Registered name: SEE TECH LIMITED

Part of Dagmarsh Holdings Limited group

See Tech Limited made £10.7m revenue and £364k profit in the year to 31 Oct 2025.

See Tech Limited’s revenue fell 16% to £10.7m in the year to 31 Oct 2025, with £364k profit and 51 employees. The company is classified under “electrical installation” and is based in Mansfield; we hold 4 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43210Electrical installation

Status: Active
Location: Mansfield, East Midlands
Age: 35 yrs · since 1991
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 Oct 2025

Key figures

Capital-lightBoring industryCash flow filed

Revenue

£10.7m

Growth ▼15.5%

Profit

£364k

Growth ▼69.4%

Profit margin

3.4%

Gross 28.6%

Employees

Change ▲4.1%

Profit / employee

£7.1k

Revenue/employee £211k

Profitable streak

4yrs

Consecutive profitable years in our data

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

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Oct 2022	31 Oct 2023	31 Oct 2024	31 Oct 2025
Disclosure	Profit only	Profit only	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£12.7m	£10.7m
Cost of sales	—	—	£9.1m	£7.7m
Gross profit	—	—	£3.6m	£3.1m
Operating profit	—	—	£1.2m	£524k
Profit before tax	—	—	£1.2m	£518k
Profit after tax	£323k	£798k	£1.2m	£364k
Profit (best available)	£323k	£798k	£1.2m	£364k
Staff costs	—	—	£2.7m	£2.7m
Employees (average)	39	44	49	51
Ratios
Profit margin	—	—	9.4%	3.4%
Gross margin	—	—	28.6%	28.6%
Revenue per employee	—	—	£259k	£211k
Profit per employee	£8.3k	£18.1k	£24.3k	£7.1k
Cash conversion	—	—	−7.9%	221.8%
Growth (year on year)
Revenue growth	—	—	—	▼15.5%
Profit growth	—	▲147.2%	▲49.2%	▼69.4%
Headcount growth	—	▲12.8%	▲11.4%	▲4.1%
Balance sheet — indirect signals, not revenue
Cash at bank	£545k	£1.5m	£985k	£1.2m
Net assets	£1.7m	£2.3m	£3.2m	£3.6m
Fixed assets	£111k	£247k	£236k	£226k
Current assets	£4.9m	£6.5m	£6.6m	£7.5m
Debtors	£4.1m	£4.5m	£5m	£5.6m
Deferred income	£360k	£246k	£174k	£243k
Cash from operations	£22.8k	£946k	−£94k	£1.2m
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jun 2025	FullAccounts · bulk data Jul 2026

Derived from the latest filing

How the business works

Profit margin: 3.4%; Profit ÷ revenue.
Gross margin: 28.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £211k; Revenue ÷ average employees.
Profit per employee: £7.1k; Profit ÷ average employees.
Cash conversion: 221.8%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 2.1%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 52.6%; 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: ▲11%; Now £3.6m
Cash at bank: ▲18%; Now £1.2m
Headcount: ▲4%; Now 51
Deferred income: ▲39%; Now £243k
Fixed assets: ▼4%; Now £226k

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

Dagmarsh Holdings Limitedultimate parent75–100%
Jarral Holdings Limited75–100%
See Tech Limitedthis company

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

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

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2025 (profit £364k), from the Companies House accounts bulk data published Jul 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.