Spacepath Communications Limited
08886520
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2023
total exemption full
Next accounts due
21/08/2026
Confirmation statement
Last: 12/01/2026
Due 26/01/2027
Industry
Officers
director · Since 21/10/2024
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 47
Also on 4 other boards
director · Since 21/10/2024
COMPANY DIRECTOR
BRITISH · WALES · Age 64
Also on 9 other boards
Former
director · Resigned 21/10/2024
director · Resigned 21/10/2024
Persons with Significant Control
Etl Systems Limited
Coldwell Radio Station, Madley, Hereford, HR2 9NE
Reg: 4679225 · England And Wales · Limited Company
Notified 21/10/2024
Former PSCs
Mr Colin Bolton
Ceased 21/10/2024
Mr Newton Graham Burnet
Ceased 21/10/2024
Charges0 outstanding
NEWTON GRAHAM BURNET · CAROL SUSAN RUTH BURNET
THE ROYAL BANK OF SCOTLAND PLC
Change History
Active
Private Limited Company
COLDWELL RADIO STATION
HEREFORD
CompanyRankvs 220+ SIC 27320 peers82
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2023
Net Worth
£2.1M
Balance sheet strength
Cash
£503k
Cash in the bank
Net Current Assets
£2.1M
Working capital
Current Assets
£2.9M
Current Liabilities
£879k
Fixed Assets
£29k
Debtors
£738k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 3.35 | +£231k |
| 2022 | 4.85 | +£272k |
| 2021 | 3.78 | -£15k |
| 2020 | 3.52 | +£139k |
| 2019 | 4.90 | +£151k |
| 2018 | 3.81 | — |
Derived from filed accounts. Not audited figures.