Sesame Limited
Other business support service activities n.e.c. · York
ActiveUnited KingdomIncorporated 1993Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
£10,596,000
Cash
£12,133,000
Turnover
£77,357,000
Profit / loss
−£2,419,000
Current assets
£53,618,000
Creditors < 1 year
£13,468,000
Equity
£10,596,000
Average employees
Not available
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-3112 months · Company · AI-read | 2024-12-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £10,596,000 | £11,015,000 |
| Equity | £10,596,000 | £11,015,000 |
| Share capital | £85,521,000 | £83,521,000 |
| Retained earnings | −£78,176,000 | −£75,757,000 |
| Assets | ||
| Current assets | £53,618,000 | £55,154,000 |
| Cash at bank | £12,133,000 | £14,235,000 |
| Debtors | £41,485,000 | £40,919,000 |
| Liabilities | ||
| Creditors within one year | £13,468,000 | £13,977,000 |
| Creditors after one year | £25,000,000 | £25,000,000 |
| Provisions | £4,554,000 | £5,162,000 |
| Net current assets | £40,150,000 | £41,177,000 |
| Assets less current liabilities | £40,150,000 | £41,177,000 |
| Profit & loss | ||
| Turnover | £77,357,000 | £68,003,000 |
| Cost of sales | £63,785,000 | £57,007,000 |
| Gross profit | £13,572,000 | £10,996,000 |
| Administrative expenses | £17,177,000 | £15,692,000 |
| Operating profit | −£3,605,000 | −£4,696,000 |
| Interest receivable | £380,000 | £560,000 |
| Profit before tax | −£3,225,000 | −£4,136,000 |
| Tax | −£806,000 | −£1,034,000 |
| Profit / loss | −£2,419,000 | −£3,102,000 |
| People & pay | ||
| Staff costs | £7,843,000 | £6,384,000 |
| Wages & salaries | £6,569,000 | £5,429,000 |
| Social security costs | £895,000 | £629,000 |
| Pension costs | £379,000 | £326,000 |
| Directors' remuneration | £896,000 | £619,000 |
| Highest paid director | £289,000 | £268,000 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Principal activity
- The Company trades as a supplier of intermediary services to consumers and financial product providers through operating a network of Registered Individuals ("RIs") within Appointed Representative ("AR") Firms throughout the United Kingdom.
- What it does
- intermediary services · financial products · Registered Individuals · Appointed Representative firms · mortgages · insurance products · complaints processing (AI keywords)
- The year
- The increase in turnover to £77.36m (2024: £68.00m) highlights the impact of the SBG strategy implementation and investment in the Sesame Network, including the addition of a new dedicated adviser recruitment team in 2025 to support Network growth, adviser succession and long-term sustainability. The Company's net assets have decreased by £0.42m (2024: £1.60m decrease) due to the loss for the financial year, partially offset by new capital introduced.
- Outlook
- To support this, SBG is actively evolving both its operating model and organisational structure. This includes strengthening strategic, digital and technical capability, clarifying accountability, and ensuring the business has the right skills and capacity to support advisers effectively at every stage of their lifecycle. These changes are designed to enable smarter decision-making, clearer prioritisation and faster delivery, while remaining aligned to regulatory expectations.
- Auditor
- Ernst & Young LLP · senior statutory auditor Robin Enstone
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Sesame Bankhall Group Limited · United Kingdom
- Ultimate parent
- Aviva plc · United Kingdom
- Ultimate controlling party
- Aviva plc
- Accounts
- Full accounts · FRS 101
- Approved
- 2026-07-01
Subsidiaries (2)
- Gateway Specialist Advice Services Limited · 100.00% · United Kingdom · Non trading company
- Sesame Regulatory Services Limited
Related parties (6)
- Sesame Bankhall Group Limited · immediate parent company · Amounts owed by group undertaking · 35,883 (000s)
- Sesame Bankhall Group Limited · immediate parent company · Amounts owed by group undertaking · 35,890 (000s)
- Sesame Services Limited · group undertaking · Amounts owed by group undertaking · 2,353 (000s)
- Sesame Services Limited · group undertaking · Amounts owed by group undertaking · 1,501 (000s)
- Sesame Bankhall Group Limited · immediate parent company · Amounts owed falling due after more than one year · 25,000 (000s)
- Sesame Bankhall Group Limited · immediate parent company · Amounts owed falling due after more than one year · 25,000 (000s)
Borrowings (1)
- Subordinated loan arrangement · from Sesame Bankhall Group Limited · £25.0m · interest free · not repayable on demand nor for a period of at least 12 months
Shares issued in the year (1)
- 2,000,000 Ordinary · for at par and fully paid for cash
Share classes (1)
- 85,521,154 Ordinary of £1
Principal risks (9)
- evolving industry and regulatory trends
- changing market dynamics and competitor business models
- accelerating impact of technology and artificial intelligence
- uncertainty in the global economic and geopolitical environment
- strategic risk
- regulatory risk
- operational risk
- liquidity risk
- bad debt arising from complaints and clawbacks
Events after the year end (1)
- On 31 March 2026, the Company issued 3,000,000 of £1 Ordinary shares, at par, to SBGL, the immediate parent undertaking.
Contingent liabilities (1)
- The Company provides for the expected costs arising from complaints received from consumers, against the advice provided by its Registered Individuals and any anticipated costs relating to any known or specific regulatory reviews or thematic activity.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
0 outstanding chargesShow 1 satisfied / released
Unknown · created 1994-01-05 · satisfied 2001-06-05
All monies
Satisfied