S.E.C. SOLUTIONS LIMITED
Company number 02868113 · Monitor this company
Executive summary
S.E.C. Solutions Limited is a long-established IT services company with consistent profitability and growing equity, but its balance sheet is heavily reliant on revalued property assets while operating with persistent negative working capital and thin cash reserves. The FY2025 net asset increase to £717k is substantially driven by a £330k property revaluation rather than trading performance. Any credit facility should be secured against the company's property assets with appropriate loan-to-value margins, and structured with covenants monitoring cash levels and current liabilities, given the structural liquidity shortfall.
Shareholders' funds
£717,317
Balance sheet as at 2025-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 1993-11-02
- Employees
- 11 (2025 accounts)
- Registered office
- The Lodge Martley Road, Lower Broadheath, Worcester, England, WR2 6RF
- Postcode
- WR2 6RF
- Capital
- 100 GBP
- Accounts category
- Unaudited Abridged
- Charges
- 2 outstanding
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-11-02
- Next due by
- 2027-11-16
Nature of business (SIC)
- 62090 Other information technology service activities
Officers 4 current · 3 resigned
Contact details
- Website
- http://www.secestimating.com
Previous company names
| Name | Date changed |
|---|---|
| SECOND SIGHT SOFTWARE LIMITED | 1997-03-10 |
| SEC SOFTWARE LIMITED | 1994-08-19 |
Previous registered addresses 2
| Address | Changed on |
|---|---|
| 1ST FLOOR OFFICES, 8-10 STAMFORD HILL, LONDON, N16 6XZ | 1993-11-30 |
| 1st FLOOR OFFICES, 8-10 STAMFORD HILL, LONDON, N16 6XZ | 1993-11-30 |
Among its peers
Top 5%
by shareholders' funds, of 151 similar companies in WR
Among the biggest employers among its local peers (11 staff).
Among the oldest 25% of its local peers, trading since 1993.
No.7 of the largest other information technology service activities companies in Worcester →
Competitors Worcester
This company ranks 7 among other information technology service activities in Worcester.
The class of 1993
35%
of the 283 companies in this sector incorporated in 1993 are still active today; 63% have since been dissolved.
A fact about the year, not a forecast for this company.