SEATTLE SOFTWARE LTD.

• ◆

  3 officer resignations in last 12 months

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

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

BDO Northern Ireland

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the Directors have a reasonable expectation that the Group and Company have adequate resources to continue in operational existence for the foreseeable future. A financial plan has been prepared for the next five years including a detailed cash forecast for the period to September 2026 to ensure that the Group can maintain its day to day services, fulfil its statutory obligation and meet future obligations to shareholders and other stakeholders.”

Significant events

• “During the year the Group acquired Capsifi Holdings PTY Ltd, an Australian based SaaS provider focussed on Enterprise Architecture with significant strength and depth in Strategic Planning with a global presence and an impressive customer base.”
• “The Group also signed a deal with FTV Capital which subsequently completed in H1 2025 with the Group moving to co-control with the existing investor SilverTree Equity. This investment was accompanied by an increase in the Group's debt facility with Golub Capital providing access to significant incremental funding to support the Group during the next phase of growth.”
• “On 19 March 2025, the shareholders of Transform Topco Limited (ultimate parent entity) completed an agreement to sell 100% of their shareholding to Voyager Topco Jersey Limited, a company incorporated in Jersey, in return for a shareholding in Voyager Topco Jersey Limited.”
• “A further back-to-back sale was enacted as part of a further sale by shareholders resulting in joint control of Voyager Topco Jersey Limited from FTV Capital and SilverTree Equity, growth equity investment firms. Under the terms of the agreement further cash was further invested into Transform Topco Limited and its subsidiaries to fund the next stage of growth of the business, all loan notes were repaid by Transform Midco Limited, and preference shares were repaid from Transform Topco Limited.”

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

Filings

9

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.