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Satisnet Limited

05132091

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

ARBETA, MANCHESTER, M40 5BP
Incorporated 19/05/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Rachael Alexandra Matzopoulos

secretary · Since 16/08/2023

Mr David James Macfarlane

director · Since 16/08/2023

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 7 other boards

Mr Paul Maher

director · Since 16/08/2023

FINANCE DIRECTOR

IRISH · ENGLAND · Age 50

Also on 16 other boards

Mr David John Williams

director · Since 16/08/2023

COMMERCIAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 19 other boards

Persons with Significant Control

Gamma Telecom Holdings Limited

75–100% shares
75–100% votes
Appoint directors

The Scalpel, 18th Floor, 52 Lime Street, London, EC3M 7AF

Reg: 04287779 · Companies House · Private Limited Company

Notified 04/12/2024

Former PSCs

Mr John Matthew Mccann

Ceased 16/08/2023

Gamma Communications Plc

Ceased 04/12/2024

CompanyRankvs 2539+ SIC 62090 peers
72

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.46× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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2539Satisnet Limited
82
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.

Employees15/15 pts

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

Liquidity12/20 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

Going concern doubt: -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

Net Worth

£2.1M

Balance sheet strength

Cash

£4.2M

Cash in the bank

Profit Before Tax

£1.0M

Bottom line earnings

Net Current Assets

£3.0M

Working capital

Current Assets

£9.4M

Current Liabilities

£6.5M

Fixed Assets

£35k

Debtors

£648k

Profit After Tax

-£38k

47avg. employees

Tax at Year End

Corp tax£301k
Dividends paid£2.6M

People Costs

Wages & salaries£2.2M
NI contributions£203k

Balance Sheet

Assets less current liabilities£3.0M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.46-£2.1M
20231.63—

Derived from filed accounts. Not audited figures.