SEETEC BUSINESS TECHNOLOGY CENTRE LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

MHA

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. SEETEC BUSINESS TECHNOLOGY CENTRE LIMITED · parent
   1. The Kent Surrey and Sussex Community Rehabilitation Company Limited 100% · UK
   2. Seetec Employment and Skills Ireland DAC 100% · Ireland
   3. Outsource Education Group Limited 100% · UK
   4. Outsource Vocational Learning Limited 100% · UK
   5. Tribal Business Solutions Limited (formerly Nexsphere Business Solutions Limited) 100% · UK
   6. Seetec Pluss Limited 100% · UK
   7. The Pluss Organisation CIC 100% · UK
   8. Seetec Outsource Training and Skills Limited 100% · UK
   9. Seetec Justice Limited 100% · UK
   10. Colaiste De Danann Limited 100% · Ireland
   11. Cenit Group Limited 100% · Edinburgh, Scotland
   12. Cenit College UK Limited 100% · London, UK

Significant events

• “At the conclusion of the 2024/2025 financial year, one of the subsidaries, Pluss CIC made the strategic decision to exit the wood-based manufacturing industry. This move was driven by sustained. poor profitability and an unacceptable risk profile associated with the sector. Following discussions with interested parties, Pluss CIC agreed to sell the relevant assets to a suitable acquirer operating within the sector. The transaction was subject to scrutiny by the CIC Regulator to ensure compliance. with community interest principles, which were duly tested and upheld. Proceeds from the sale of the assets amounted to £302,420. The transaction was completed in August 2025, including the novation and/or transfer of all assets, leases and commercial arrangements related to the Barnstaple site and operations.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

4

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -4.2%

  £108,161,000 → £103,583,000

• Cash

  -27.3%

  £14,779,000 → £10,738,000

• Net assets

  +252.1%

  £2,453,000 → £8,638,000

• Employees

  -2.1%

  1,501 → 1,469

• Operating profit

  +214.2%

  £2,423,000 → £7,612,000

• Profit before tax

  +273.8%

  £2,038,000 → £7,618,000

• Wages

  -8.1%

  £50,687,000 → £46,591,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers