SEI EUROPEAN SERVICES LIMITED

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

• Turnover

  +57.5%

  £233,000,000 → £367,000,000

• Cash

  +7.1%

  £13,786,000,000 → £14,767,000,000

• Net assets

  —

  Not reported

• Employees

  —

  Not reported

• Operating profit

  +5.1%

  £196,000,000 → £206,000,000

• Profit before tax

  +15.7%

  £782,000,000 → £905,000,000

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

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP, Statutory Auditor

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Data retention services associated with legacy investment processing business are contracted with an initial term until 2026. The directors of the Company have no intention to cease operations or liquidate the Company, and the Company is currently pursuing other business opportunities that the directors expect will result in new sources of revenues. Recent opportunities have identified there is a demand to provide the SEI Wealth Platform service to UK offshore entities or as an unregulated service. At 31 December 2024, the Company had net liabilities of £12,419,000 (2023: £13,324,000). The Company's ultimate parent has confirmed its intention to provide financial support for at least another 12 months from the date of approval of these financial statements. Accordingly, the financial statements have been prepared on a going concern basis. ... The directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Company or to cease its operations, and as they have concluded that the Company's financial position means that this is realistic. They have also concluded that there are no material uncertainties that could have cast significant doubt over its ability to continue as a going concern for at least a year from the date of approval of the financial statements ("the going concern period").”

Group structure

1. SEI EUROPEAN SERVICES LIMITED · parent
   1. SEI Investments - Guernsey Limited 100% · Bailiwick of Guernsey

Significant events

• “The Company performed an evaluation of subsequent events through 19 May 2025 which is the date the financial statements were made available to be issued. The Company determined that based on its evaluation that there were no items that would affect the reported amounts in the financial statements as of 31 December 2024. On 21 January 2025, the Company entered in to a subscription agreement with Inovea SAS, a French simplified joint-stock company. The subscription is the issuance of notes to the value of EUR 3,000,000 in order to partially fund the development and implementation of the Inovea Group's own technology capabilities. The notes are interest free and the redemption of notes follow a pre-agreed schedule ending 31 December 2029.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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.