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Satcom Distribution Limited

04241199

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

SATCOM GLOBAL, NORTH SHIELDS, NE30 1JH
Incorporated 26/06/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

99999
Dormant company

Officers

Mr Robert Alan Howes

secretary · Since 26/10/2012

Also on 2 other boards

Mr Robert Alan Howes

director · Since 26/10/2012

ACCOUNTANT

BRITISH · ENGLAND · Age 70

Also on 2 other boards

Mr Ian Andrew Robinson

director · Since 26/10/2012

DIRECTOR

ENGLISH · UNITED KINGDOM · Age 64

Also on 8 other boards

Persons with Significant Control

Mr Robert Alan Howes

Significant control
significant-influence-or-control-as-trust
significant-influence-or-control-as-firm

British · England · Age 70

Satcom Global, Tanners Bank, North Shields, NE30 1JH

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

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Created 29/11/2019Registered 06/12/2019
Charge
satisfied

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Charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 10/06/2014Registered 11/06/2014Satisfied 15/11/2019
Charge
satisfied

THE NORTH EAST GROWTH 500 PLUS LP ACTING BY ITS GENERAL PARTNER NE GROWTH 500 LP LIMITED ACTING

Created 11/10/2013Registered 01/11/2013Satisfied 20/07/2015
Charge
satisfied

INMARSAT GLOBAL LIMITED

Created 11/10/2013Registered 31/10/2013Satisfied 15/09/2017
Charge
satisfied

IRIDIUM SATELLITE LLC

Created 11/10/2013Registered 26/10/2013Satisfied 15/09/2017
Charge
satisfied

FAUNUS GROUP INTERNATIONAL INC

Created 11/10/2013Registered 17/10/2013Satisfied 15/07/2014
charge
satisfied

HSBC BANK PLC

Created 17/03/2006Registered 22/03/2006Satisfied 13/12/2012
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 25/10/2004Registered 02/11/2004Satisfied 21/04/2006

CompanyRankvs 3040+ SIC 99999 peers
61

Financial strength98th percentile among SIC peers · 25/25
Employees67th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.58× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 29/06/2024

Net Worth

£461k

Balance sheet strength

Cash

£44

Cash in the bank

Net Current Assets

-£3.6M

Working capital

Current Assets

£4.8M

Current Liabilities

£8.4M

Debtors

£4.8M

0avg. employees

Balance Sheet

Assets less current liabilities-£3.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.58+£0
2021+£0
2020+£0

Derived from filed accounts. Not audited figures.