Seebyte Limited

Seebyte Limited, based in Edinburgh, UK, is a sizable company with a 26-year history, currently employing 85 people. Holding £12.3 million in assets and generating £8.8 million in yearly revenue, it operates as a holding company with an active status. The company, registered at EH4 2HS, Orchard Brae House, 30 Queensferry Road, boasts a Google rating of 4.0 based on five reviews. It's a holding company with five directors and one owner, and the list of directors was changed six months ago.

Seebyte specializes in software development for submersible vehicles, particularly focusing on maritime technology. Its website details a suite of products including SeeTrack (mission planning and execution), Neptune (mission-level autonomy), and ATR System (target recognition). The company actively exhibits at industry events and partners with organizations to enhance robotic and autonomous systems across various deployments. Their customer base includes naval applications worldwide, with a focus on providing advanced software solutions for mission planning, monitoring, and training.

Financially, Seebyte's performance presents a mixed picture. While cash bank on hand increased by 4.4% to £8.4 million, current assets decreased by 7.4% to £12 million. Turnover grew by a substantial 30% to £8.8 million, a positive sign of increased business activity. However, net assets also increased by 9.3% to £9.1 million, and bank borrowings decreased by 93%. Director remuneration increased by 51% to £440,000. The company’s large size (meeting two of three criteria for a large company) suggests a stable foundation, but the decrease in current assets warrants closer attention. The accounts were audited by Anderson Anderson & Brown Audit LLP. It's likely that the company is experiencing typical growth pains as it expands its operations and navigates the complexities of the maritime technology sector.

Registered in Scotland under the registration number SC194014, with a registered address at EH4 2HS, Edinburgh, Orchard Brae House, 30 Queensferry Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.