−£15k
vs May 2024Active12601745Private limited companyHexham
SEAGROUND LTD
D43/10001
Summary
SEAGROUND LTD is an active private limited company (company number 12601745) incorporated on 14 May 2020, registered in Hexham. Its registered activity is environmental consulting activities (SIC 74901). Latest micro accounts cover the period ending 31 May 2025, showing net assets of −£15k, with 0 employees on average. Turnover was £521k and profit for the year −£3,696. Net assets rose 40% on the prior period (−£25k).
Peer position · net assets
By net assets it sits in the bottom quarter of 129 comparable companies in Newcastle (median £1,723, upper quartile £50k).
02
Key dates
- Incorporated
- 14 May 20206 yrs ago
- Next accounts due
- 28 February 2027in 129 days
- Confirmation statement due
- 28 May 2027in 218 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 74901
- Environmental consulting activities
- Accounts type
- Micro Entity
- Size band
- MicroCompanies Act thresholds
04
Financials
Not reported
£521k
+29%vs May 20240
Not reported the period before| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 May 2025 | −£15k | — | — | £33k | £521k | −£3,696 | 0 |
| 31 May 2024 | −£25k | — | — | £33k | £403k | −£43k | — |
Current ratio0.55Current liabilities exceed current assets
Net margin-0.7%Profit for the year ÷ turnover
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
05
Firmoscan score
43 / 100 · grade D
| 50 | Starting scoreEvery scored company starts here |
| −15 | Negative net assetsNet assets £-14,806 at 2025-05-31 |
| +8 | Net assets growing+39.8% vs prior period |
| −8 | Current liabilities exceed current assetsCurrent ratio 0.55 |
| +8 | EstablishedIncorporated 2020-05-14 (6 years) |
| 43 | Score, grade D |
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.
06
Ownership and control
- Mr Ian Shepherd Sotheran
- owns 75–100% of shares
- holds 75–100% of voting rights
- can appoint or remove directors
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Confirmation statement duein 218 days
- Next accounts duein 129 days
- Accounts period endNet liabilities £15k · micro accounts
- Accounts period endNet liabilities £25k · micro accounts
- Incorporated
08
Similar companies in Newcastle
- CROW.FSE LTDHexham · inc. May 2020
- SUSTAINABILITYHUNTER LIMITEDWhitley Bay · inc. Jun 2020
- BETTER WASTE SOLUTIONS LIMITEDGateshead · inc. Apr 2020
- CS PROJECT SERVICES LIMITEDWashington · inc. Apr 2020
- GW CLARK CONSULTING LTDCramlington · inc. Jul 2020
- DECERNA GROUP LIMITEDCramlington · inc. Jul 2020
All companies incorporated on 14 May 2020 · in May 2020.
09
Reminders for SEAGROUND LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.