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Seaward hopes demand returns after profits dip
The Journal
|August 19, 2025
DEMAND is expected to pick up this year for electrical testing equipment maker Seaward, following a dip in operating profits.
Bosses at the County Durham manufacturer of PAT testing, solar and medical appliances say they are pleased with the performance amid a challenging year in which operating profit dropped from £4.1m to £2.7m. Turnover remained flat at £24.8m in 2024, documents published at Companies House show.
Seaward said that after a strong start to the year - with first-half trading 12% ahead of the same period in 2023 - demand across its brands had slowed down. The impact was said to have been felt across sister companies in the German-owned GMC Instruments stable.
Despite the more challenging market, Seaward grew its headcount from 178 to an average of 202.
This story is from the August 19, 2025 edition of The Journal.
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