Mda Satconn Uk Ltd.
09966402
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 02/06/2025
Due 16/06/2026
Industry
Officers
director · Since 01/07/2025
CHIEF EXECUTIVE OFFICER OF MDA SPACE LTD
CANADIAN · CANADA · Age 60
Persons with Significant Control
Former PSCs
Yoel Gat
Ceased 08/04/2022
Satixfy Communications Ltd
Ceased 02/07/2025
Charges0 outstanding
MDA LTD
MDA LTD.
MDA LTD.
WILMINGTON SAVINGS FUND SOCIETY, FSB
WILMINGTON SAVINGS FUND SOCIETY, FSB
MACDONALD, DETTWILER AND ASSOCIATES CORPORATION
WILMINGTON SAVINGS FUND SOCIETY, FSB (AS ADMINISTRATIVE AGENT)
WILMINGTON SAVINGS FUND SOCIETY, FSB (AS ADMINISTRATIVE AGENT)
WILMINGTON SAVINGS FUND SOCIETY, FSB (AS COLLATERAL AGENT)
MIZRAHI TEFAHOT BANK LIMITED
CompanyRankvs 630+ SIC 61300 peers23
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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
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 director with respect to g
Key FinancialsYear ending 31/12/2024
Net Worth
-£33.9M
Balance sheet strength
Cash
£5.3M
Cash in the bank
Profit Before Tax
-£15.6M
Bottom line earnings
Net Current Assets
-£39.6M
Working capital
Current Assets
£19.2M
Current Liabilities
£58.8M
Fixed Assets
£5.7M
Debtors
£13.7M
Admin Expenses
£25.6M
Profit After Tax
-£15.3M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.33 | -£19.1M |
| 2023 | 0.55 | — |
| 2022 | 0.71 | — |
| 2021 | 0.27 | — |
| 2020 | 0.74 | — |
| 2019 | 0.49 | -£1.8M |
| 2018 | 0.76 | — |
Derived from filed accounts. Not audited figures.