SERO TECHNOLOGIES LIMITED

• ◆

  3 officer resignations in last 12 months

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

• ◆

  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

  —

  Not reported

• Cash

  +201.8%

  £1,377,667 → £4,158,004

  highest in 6 filed years

• Net assets

  +130.5%

  £2,129,183 → £4,907,982

• Employees

  -13.3%

  83 → 72

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. SERO TECHNOLOGIES LIMITED 2020-05-06 → present
2. SERO ENERGY LIMITED 2017-08-23 → 2020-05-06

Accounting basis

FRS 102 §1A

Reporting scope

Consolidated group

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Andrew Howells of Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The group has incurred losses of £5.3m for the year ended 31 December 2024. During the year the group raised £7.5m in additional funding and subsequent to 31 December 2024 the group has the option to draw down £2.5m of further additional funding. The directors have prepared long term forecasts for a period in excess of 12 months from the date of approval of the financial statements, those forecasts take account of this funding and reasonably plausible downsides. The forecasts show that the group has sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements. On the basis of those forecasts the directors have concluded that the going concern basis of accounting is appropriate.”

Group structure

1. SERO TECHNOLOGIES LIMITED · parent
   1. Sero Life Limited 100%
   2. Sero BEE Limited 100%

Significant events

• “During the year the group raised £7.5m in additional funding and subsequent to 31 December 2024 the group has the option to draw down £2.5m of further additional funding.”

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

Filings

14

last 12 months

Capital events

1

last 24 months

Officers appointed

1

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.