SEAGATE SYSTEMS (UK) LIMITED

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +30.2%

  £722,135 → £940,420

• Cash

  -85.2%

  £3,495,552 → £517,306

• Net assets

  +3.4%

  £47,695,298 → £49,334,679

• Employees

  -14.3%

  7 → 6

• Operating profit

  -9.2%

  £88,959 → £80,736

• Profit before tax

  +19.2%

  £1,735,068 → £2,067,728

• Wages

  +25.5%

  £477,686 → £599,537

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

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.

1. SEAGATE SYSTEMS (UK) LIMITED 2014-09-02 → present
2. XYRATEX TECHNOLOGY LIMITED 2000-11-03 → 2014-09-02
3. HAVANT INTERNATIONAL LIMITED 1996-01-08 → 2000-11-03
4. POLENE LIMITED 1995-12-06 → 1996-01-08

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Director continues to adopt the going concern basis of accounting in preparing the Company's annual financial statements.”

Group structure

1. SEAGATE SYSTEMS (UK) LIMITED · parent
   1. Seagate Systems (Philippines) Inc. 100% · Philippines · Dormant
   2. Seagate Systems (Mexico) SA de CV. 99.998% · Mexico · Manufacturing

Significant events

• “Profit before taxation for the year ended 27 June 2025 amounted to $2.8m (2024: $2.3m), with the increase primarily as a result of increased interest income during the year.”
• “During fiscal year 2025, the company did not incur any redundancy costs. In 2024, the Company recognised redundancy costs of $3K, relating to reorganisation costs incurred as part of the Seagate Group's restructuring plans, in order to reduce its cost structure to better align operational needs to current economic conditions while continuing to support the long-term business strategy.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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