EY-SEREN LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. EY-SEREN LIMITED 2015-08-17 → present
2. SEREN DESIGN LIMITED 2013-03-21 → 2015-08-17
3. FOVIANCE LIMITED 2011-05-26 → 2013-03-21
4. USABILITY SOLUTIONS LIMITED 2001-02-01 → 2011-05-26

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

IFRS

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Accordingly, the directors of EY-Seren Limited have concluded that the company has adequate resources to continue in operational existence for at least twelve months from the date of signing the financial statements and so continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Significant events

• “Fee income has decreased by 10% compared to the previous period, reflecting client decisions to reduce or defer discretionary spend due to the continued challenging macro-economic and geo-political environment.”
• “The business remains confident about future growth prospects following the launch of EY Studio+, a globally integrated offering that combines the organisation's full spectrum of services with the world's leading talent in design, sales, marketing, and customer experience driving growth and transformation for clients in an AI-driven era at a global scale.”
• “During the financial year, the company surrendered its existing commercial property lease early.”

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

2

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  -9.6%

  £30,853,000 → £27,883,000

• Cash

  —

  Not reported

• Net assets

  —

  Not reported

• Employees

  -28.2%

  156 → 112

• Operating profit

  +38.7%

  £3,499,000 → £4,853,000

• Profit before tax

  +30.5%

  £3,730,000 → £4,867,000

• Wages

  -23.8%

  £13,318,000 → £10,150,000

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