APPLIED SATELLITE TECHNOLOGY LIMITED

SATELLITE HOUSE, BESSEMER WAY, HARFREY'S INDUSTRIAL ESTATE, GREAT YARMOUTH, NORFOLK, NR31 0LX

Company Number: 02153172
Incorporation date: 06-Aug-1987
Status: Active
Entity type: Private Limited Company

SIC codes:
61300 Satellite telecommunications activities

SUMMARY

This company is 36.7 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 11.4 million which has increased from GBP 10.6 million in the previous year. The latest reported revenue figure is GBP 29.8 million which is up 20% on previous year's figure of GBP 25.8 million. The company has 3 active officers (directors or partners) who are or were officers of 36 other companies, 14 (38.9%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.

FINANCIALS (BETA)

Next accounts due: 31-Jan-2025
Accounts Filed: FULL (30-Apr-2023)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Received	Interest Paid	Tax	Net Profit GBP
30-Apr-2019	GBP	29,795,781	93,788	100,907	38,635	113,166	528,278
30-Apr-2018	GBP	25,798,685	-30,037	71,097		1,451	13,678
30-Apr-2017	GBP	24,564,733	1,094,830	32,995		200,776	913,849

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Debt	Share Capital	Retained Earnings	Net Assets
30-Apr-2019	GBP	1,983,757	16,853,356	12,228,783	300,000	100	9,081,788	11,390,803
30-Apr-2018	GBP	227,899	10,185,502	6,823,415	400,000	100	8,478,510	10,556,274
30-Apr-2017	GBP	91,391	8,265,729	5,371,764	34,826	100	8,464,832	10,542,596

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**

Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All apointments (active/resigned)
Active	Richard Temple GILLIATT	19 Jan 2024	18 Apr 2024			1 - 0
Resigned	Danny Camiel VERHULST	01 Feb 2021	29 Sep 2022			0 - 1
Resigned	Christopher John BINNIE	01 Aug 2018	01 Feb 2021			0 - 1
Resigned	Kay Frances MASON BILLIG	30 Nov 2014	01 Aug 2016			0 - 1
Resigned	Jennifer Hazel TURNER	11 Jan 2011	30 Nov 2014			0 - 1
Resigned	Stephen Dene HEYWOOD	06 Oct 2004	11 Jan 2011			0 - 42
Resigned	Gregory Stuart DARLING	20 Oct 1998	06 Oct 2004	Director	British	11 - 34
Resigned	Gregory Stuart DARLING		06 Oct 2004		British	11 - 34

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Gary Charles WHITE	23 Sep 2023		Managing Director	British	4 - 0	0 (0.0%)
Resigned	Andrew Robert PETERS	01 Feb 2022	10 Sep 2023	Group Managing Director	British	1 - 5	1 (16.7%)
Resigned	Andrew John SMITH	01 Nov 2016	15 Jul 2022	Group Technical Director	British	0 - 2	1 (50.0%)
Resigned	Scott Matthew SLATER	01 May 2014	12 Dec 2015	Director	British	0 - 7	4 (57.1%)
Resigned	Mark Andrew Peter SYKES	01 Sep 2013	31 Jul 2021	Director	British	0 - 2	1 (50.0%)
Resigned	Richard Nigel HARRIS	06 Nov 2009	28 Mar 2011	Company Director	British	0 - 2	0 (0.0%)
Active	Gregory Stuart DARLING	24 Sep 2009		Company Director	British	11 - 34	17 (37.8%)
Resigned	David Charles DAVIES	01 May 2007	31 Dec 2021	Director	British	0 - 2	0 (0.0%)
Resigned	Jennifer Hazel TURNER	01 May 2007	01 May 2014	Accountant	British	0 - 5	1 (20.0%)
Resigned	Jason ABBOTT	01 May 2007	30 Dec 2016	Director	British	0 - 2	0 (0.0%)
Resigned	Paul Nicholas STANLEY	04 Mar 1992	13 Aug 2015	Company Director	British	1 - 36	16 (43.2%)
Resigned	Thomas George DARLING	04 Mar 1992	15 Aug 2006	Company Director	British	0 - 36	17 (47.2%)
Active	Susan Margaret DARLING			Administrator	New Zealander	4 - 1	0 (0.0%)
Active	Gregory Stuart DARLING			Company Director	British	11 - 34	17 (37.8%)

Number of active directors: 4
Average tenure of active directors: 3.8 years
Average tenure of resigned directors: 8.8 years
Average active director Dissolution Rate: 18.9%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Gary Charles WHITE	Gregory Stuart DARLING	Susan Margaret DARLING	Gregory Stuart DARLING
SOCIETY OF MARITIME INDUSTRIES LIMITED (00883132) - Active		✔		✔
GARDLINE SHIPPING LIMITED (00954145) - Active		✔		✔
M.K. SERVICES LIMITED (01526109) - Dissolved		✔		✔
C.A.DESIGN SERVICES LIMITED (01595687) - Active		✔		✔
APPLIED SATELLITE TECHNOLOGY LIMITED (02153172) - Active	✔	✔	✔	✔
HOWARDS (FINANCIAL SERVICES) LIMITED (02182058) - Dissolved		✔		✔
FORCECORE LIMITED (02536990) - Active		✔		✔
GARDLINE MARINE SCIENCES LIMITED (02571313) - Active		✔		✔
MILLER MITCHELL BURLEY LANE LIMITED (02812006) - Dissolved		✔		✔
STNA LIMITED (02925435) - Dissolved		✔		✔
HOWARDS (ESTATE AGENTS) LIMITED (02974021) - Active		✔		✔
CORPORATE IMAGE UK LIMITED (03257936) - Dissolved		✔		✔
HOWARDS HOMES OF DISTINCTION LIMITED (03274662) - Dissolved		✔		✔
SAT PHONES DIRECT LIMITED (03332071) - Active		✔		✔
GARDLINE COMMUNICATIONS LIMITED (03652277) - Dissolved		✔		✔
APPLIED SATELLITE TECHNOLOGY SYSTEMS LIMITED (03667051) - Active	✔	✔		✔
HGL2018 LIMITED (03776234) - Active - Proposal to Strike off		✔		✔
GARDLINE PENSION TRUSTEES LIMITED (03859837) - Dissolved		✔		✔
GARDLINE ENVIRONMENTAL LIMITED (04589816) - Active		✔		✔
GARDLINE LIMITED (04589821) - Active		✔		✔
GARDLINE HYDRO LIMITED (04589978) - Dissolved		✔		✔
GCCI PROPERTY INVESTMENTS LIMITED (04695518) - Dissolved		✔		✔
CASTELL SATCOM RADIO LIMITED (04756908) - Active		✔		✔
AST CONNECTIONS LIMITED (04965632) - Active		✔	✔	✔
MMBL ENERGY LIMITED (05396472) - Dissolved		✔		✔
CONKER INTERIORS LIMITED (05590922) - Active			✔
CASTELL SATCOM RADIO JUBA (UK) LIMITED (06228758) - Dissolved		✔		✔
AST MARINE SCIENCES LTD (06499368) - Active	✔	✔		✔
HOWARDS RESIDENTIAL MANAGEMENT LIMITED (06581901) - Dissolved		✔		✔
HIGH LEES FARM KIRSTEAD LTD (07643561) - Active		✔	✔	✔
COMMUNITY HOUSING SURVEYS (HOWARDS) LIMITED (07737336) - Dissolved		✔		✔
NORTH SEA MARINE CLUSTER (08224783) - Active		✔		✔
GARDLINE HOLDINGS LIMITED (09364881) - Active		✔		✔
OAKAURI 2021 LTD (09551094) - Active		✔		✔
OAKAURI PROJECTS LIMITED (09551123) - Active		✔	✔	✔
APPLIED SATELLITE TECHNOLOGY IRIDIUM CERTUS LIMITED (10791109) - Active		✔		✔
APPLIED SATELLITE GROUP LTD (13692788) - Active	✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2015-07-31	2014-07-31	2013-07-31	2012-07-31	2011-07-31
AST GROUP HOLDINGS LIMITED	ORDINARY	100 100%	0 0%	0 0%	0 0%	0 0%
GARDLINE SHIPPING LTD	ORDINARY	0 0%	80 80%	80 80%	80 80%	80 80%
GREGORY STUART DARLING	ORDINARY	0 0%	19 19%	19 19%	19 19%	19 19%
SUSAN MARGARET DARLING	ORDINARY	0 0%	1 1%	1 1%	1 1%	1 1%

SHAREHOLDINGS (BETA)

Company name	Share class	Shares at confimation date
Company name	Share class	2015-10-31	2014-10-31	2013-10-31	2012-10-31	2011-10-31
APPLIED SATELLITE TECHNOLOGY LIMITED	ORDINARY	1,000 100%	1,000 100%	1,000 100%	1,000 100%	1,000 100%

CONTROLLED COMPANIES / CONTROLLING ENTITIES

- >75%:Mr Gregory Stuart Darling - active
>75%:Applied Satellite Group Ltd (13692788 - United Kingdom) active
>75%:Mr Gregory Stuart Darling - ceased
>75%:Oakauri Ltd - ceased

Controlling entities above

APPLIED SATELLITE TECHNOLOGY LIMITED

no controlled companies

LATE PAYMENTS REPORT

This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES

No Court Cases found

PATENTS

Title	Date filed	Status	Publication number
Radio frequency rotary joints	2000-02-15	Terminated	GB2350938

COMPETITORS

(Based on Sic code: 61300 Satellite telecommunications activities)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
GLOBECAST UK LIMITED	200 GRAYS INN ROAD, LONDON, WC1X 8XZ	02534039	2017-12-31	55,438,522	-1,531,388
NSSLGLOBAL LIMITED	6 WELLS PLACE, GATTON PARK BUSINESS CENTRE, REDHILL, SURREY, RH1 3DR	03879526	2011-12-31	53,117,000	4,602,000
VIASAT TECHNOLOGIES LIMITED	ROYAL PAVILION, TOWER 2 FOURTH FLOOR, WELLESLEY ROAD, ALDERSHOT, ENGLAND, GU11 1PZ	08678572	2018-03-31	8,663,000	0
AURIGA KORE LIMITED	92 GRANVILLE ROAD, LONDON, ENGLAND, N12 0HT	05282709	2017-11-30	1,033,279	0
SUNWYND LIMITED	30 AVENUE ROAD, WALKFORD, CHRISTCHURCH, BH23 5QH	06887148	2018-03-31	110,850	0	62020-Information technology consultancy activities 72190-Other research and experimental development on natural sciences and engineering
TRACK KING LTD	UNIT 3 TURNSTONE BUSINESS PARK, MULBERRY AVENUE, WIDNES, ENGLAND, WA8 0WN	08824456	2017-12-31	107,475	0
R.T.A SYSTEMS LIMITED	35 LATIMER CLOSE, HEMEL HEMPSTEAD, ENGLAND, HP2 7JJ	07522617	2018-03-31	77,265	0
SATCOM INTERNATIONAL GROUP PLC	COVENTRY UNIVERSITY TECHNOLOGY PARK, PUMA WAY, COVENTRY, CV1 2TT	03133496	2017-12-31	49,310	0
MALVTEQ LIMITED	19 HERON CLOSE, WORCESTER, WR2 4BW	07026066	2018-09-30	20,339	0	71122-Engineering related scientific and technical consulting activities 72190-Other research and experimental development on natural sciences and engineering 94120-Activities of professional membership organizations
QUEUEBASIC LIMITED	MERMAID COTTAGE, CROFT ROAD, NEACROFT, CHRISTCHURCH, DORSET, BH23 8JT	03571232	2018-08-31	9,249	0	62020-Information technology consultancy activities 70229-Management consultancy activities other than financial management 71122-Engineering related scientific and technical consulting activities
IO (ICT) CONSULTANCY LTD	71-75 SHELTON STREET, COVENT GARDEN, LONDON, UNITED KINGDOM, WC2H 9JQ	10342445	2018-08-31	3,600	0	61900-Other telecommunications activities 62020-Information technology consultancy activities 62090-Other information technology service activities
DBSD SATELLITE SERVICES LIMITED	5 ALDERMANBURY SQUARE, 13TH FLOOR, LONDON, ENGLAND, EC2V 7HR	04367509	2018-12-31	0	0
INTERNATIONAL MARINE RADIO COMPANY LIMITED	LOWLAND HOUSE, GELLIBRANDS HORNHILL, GERRARDS CROSS, BUCKINGHAMSHIRE, SL9 0QY	02757709	2018-03-31	0	0
MARIBEL COMMUNICATIONS LTD.	LOWLAND HOUSE, GELLIBRANDS HORNHILL, GERRARDS CROSS, BUCKINGHAMSHIRE, SL9 0QY	02888443	2018-03-31	0	0

LIQUIDATION RISK (BETA)

This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:

Basis	Liquidation within 3 months	Liquidation within 6 months	Liquidation within 12 months	Prediction confidence
APPLIED SATELLITE TECHNOLOGY LIMITED	1.0%	3.6%	7.1%	Medium
Other companies Active in the same sector	Too few competitors


Age	0.3%	1.3%	2.4%	Medium
Company Type	0.7%	3.7%	7.4%	Medium
Accounts category	0.7%	2.2%	3.8%	Medium
Accounting Month	1.8%	3.8%	7.0%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium