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Satellite 4 U Limited

06755010

active
Private Limited Company
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

OPTICAL HOUSE THE AVENUE, NORTHAMPTON, NN1 5BT
Incorporated 21/11/2008

Compliance

Last accounts

31/08/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 14/11/2025

Due 28/11/2026

On track

Industry

66290
Other activities auxiliary to insurance and pension funding

Officers

Mr Mark Underwood

director · Since 28/06/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 4 other boards

Persons with Significant Control

Insure It Direct Holdings Ltd

75–100% shares

Optical House, The Avenue, Northampton, NN1 5BT

Reg: 10686307 · England And Wales · Registered Company

Notified 28/06/2017

Former PSCs

Mrs Jayne Chesworth

Ceased 28/06/2017

Anthony Chesworth

Ceased 28/06/2017

Charges1 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 01/05/2018Registered 02/05/2018

CompanyRankvs 279+ SIC 66290 peers
57

Financial strength97th percentile among SIC peers · 24/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 2.31× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees3/15 pts

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

Liquidity20/20 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

Outstanding charges: -10 pts

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

Going Concern Doubt

assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern No material uncertainties that may cast significant doubt about the ability of the company to continue as a going concern have been identified by the directors. The director considers th

Key FinancialsYear ending 31/08/2024

Net Worth

£1.2M

Balance sheet strength

Cash

£31k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£2.2M

Current Liabilities

£934k

Debtors

£2.1M

0avg. employees

Tax at Year End

Corp tax£35k

Balance Sheet

Assets less current liabilities£1.2M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20242.31+£48k
20232.12+£94k
20221.92+£143k
20211.73+£127k
20201.67+£104k
20191.66+£213k
20181.61

Derived from filed accounts. Not audited figures.