SEEIT US TWO LIMITED

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

  —

  Not reported

• Cash

  -7.3%

  £7,987 → £7,407

• Net assets

  +61.5%

  £94,381,054 → £152,390,418

• Employees

  —

  Not reported

• Profit before tax

  +132.3%

  -£90,355,855 → £29,225,559

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

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. SEEIT US TWO LIMITED 2019-12-17 → present
2. EECO MALTS NO. 1 LIMITED 2017-08-15 → 2019-12-17

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“As the Company had net current liabilities of £276,621 at year end (2024: £37,671), the Directors have obtained a legally binding letter of support from the Parent, to ensure it can service its debts and continue to operate as a going concern, for at least 15 months from the date of signing these financial statements. This letter states that: The Parent will provide financial support to the Company such that the Company is able to operate as a going concern and to settle its liabilities as they fall due.”

Group structure

1. SEEIT US TWO LIMITED · parent
   1. SEEIT Red Holdco LLC 100% · Wilmington, Delaware, 19801 · Activities of a venture and development capital company
   2. SEEIT District Energy LLC 100% · New York, 10165, US · Activities of a venture and development capital company
   3. Recycled Energy Development, LLC 100% · Lombard, IL 60148 · Activities of a venture and development capital company
   4. Red-Rochester LLC 100% · Rochester, NY 14606 · Activities of a venture and development capital company

Significant events

• “During the year ended 31 March 2025, the Company issued 3 (2024: 5) ordinary shares which raised £28,783,805 (2024: £17,497,923). No dividends were declared and paid in the year (2024: £nil).”
• “For the year ended 31 March 2025, there was an unrealised gain on the fair value of the investments of £29,250,522 (2024: loss of £90,314,615) which is mostly due to changes in discount rates used.”
• “The Company is UK registered and currently neither the Company, nor its investments conducts business and operations in the regions; therefore, the Company is not subject to any direct impact caused by these events.”

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

Filings

8

last 12 months

Capital events

3

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.