Satcom International Group Plc
03133496
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/05/2024
COMPANY SECRETARY/DIRECTOR
AMERICAN · UNITED STATES · Age 50
Also on 1 other board
Persons with Significant Control
Orbcomm Inc
Suite 300, 22970 Indian Creek Drive, Va, 20166
Reg: Not Known · Usa · Company
Notified 06/04/2016
Charges3 outstanding
ORBCOMM INC.
HONG KONG TRADE DEVELOPMENT COUNCIL
HONG KONG TRADE DEVELOPMENT COUNCIL
CompanyRankvs 273+ SIC 61300 peers38
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£25k
Annual revenue
Net Worth
£202k
Balance sheet strength
Cash
£852
Cash in the bank
Profit Before Tax
£6k
Bottom line earnings
Net Current Assets
-£1.7M
Working capital
Current Assets
£1.0M
Current Liabilities
£2.7M
Debtors
£1.0M
Cost of Sales
£118
Gross Profit
£25k
Admin Expenses
-£47k
Operating Profit
£72k
Profit After Tax
£6k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.38 | — |
| 2022 | 0.37 | +£0 |
| 2021 | 0.38 | +£0 |
| 2020 | 0.38 | +£0 |
| 2019 | 0.38 | +£0 |
| 2018 | 0.37 | — |
Derived from filed accounts. Not audited figures.