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Company No. SC194014 · Incorporated 4 Mar 1999

Seebyte Limited

Registered name: SEEBYTE LIMITED

Part of Battelle Memorial Institute group

Seebyte Limited made £10.9m revenue and £1.7m profit in the year to 30 Sep 2025.

Seebyte Limited’s revenue grew 1% to £10.9m in the year to 30 Sep 2025, with £1.7m profit and 86 employees. The company is classified under “business and domestic software development” and is based in Edinburgh; we hold 4 years of its filed accounts.

Status
Active
Location
Edinburgh, Scotland
Age
27 yrs · since 1999
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 30 Sep 2025

Key figures

Capital-lightOperating leverageDoing more with less
Revenue
£10.9m
Growth ▲1.1%
Profit
£1.7m
Growth ▲57%
Profit margin
15.7%
Gross 69%
Employees
86
Change ▼2.3%
Profit / employee
£20k
Revenue/employee £127k
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 to30 Sep 202230 Sep 202330 Sep 202430 Sep 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£6.8m£8.8m£10.8m£10.9m
Cost of sales£2.5m£3.1m£4.3m£3.4m
Gross profit£4.3m£5.8m£6.5m£7.5m
Operating profit£660k£404k£977k£2.3m
Profit before tax£674k£546k£1.3m£2.7m
Profit after tax£407k£364k£1.1m£1.7m
Profit (best available)£407k£364k£1.1m£1.7m
Staff costs£5m£5.9m£6.7m£7.1m
Employees (average)78858886
Ratios
Profit margin6%4.1%10.1%15.7%
Gross margin63.2%65.4%60%69%
Revenue per employee£87k£104k£123k£127k
Profit per employee£5.2k£4.3k£12.4k£20k
Growth (year on year)
Revenue growth—▲30.4%▲22.3%▲1.1%
Profit growth—▼10.6%▲200.7%▲57%
Headcount growth—▲9%▲3.5%▼2.3%
Balance sheet — indirect signals, not revenue
Cash at bank£8.8m£8.4m£10.2m£13.3m
Net assets£8.7m£9.1m£10.2m£11.9m
Fixed assets£835k£790k£739k£679k
Current assets£13.3m£12.3m£14.2m£17.5m
Debtors£1.5m£811k£1.1m£1.3m
Deferred income£4.6m£3.3m£3.4m£5.1m
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
15.7%
Profit ÷ revenue.
Gross margin
69%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£127k
Revenue ÷ average employees.
Profit per employee
£20k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
6.2%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
46.5%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
11.4%
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
▲17%
Now £11.9m
Cash at bank
▲31%
Now £13.3m
Headcount
▼2%
Now 86
Deferred income
▲49%
Now £5.1m
Fixed assets
▼8%
Now £679k

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

  1. Battelle Memorial Institute (registered outside the UK register)ultimate parent75–100%
  2. Seebyte Holdings Limited75–100%
  3. Seebyte 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).

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Sources

Latest figures from FullAccounts for the year to 30 Sep 2025 (profit £1.7m), 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.