AVANTI COMMUNICATIONS LIMITED

C/O FTI CONSULTING 200 ALDERSGATE, ALDERSGATE STREET, LONDON, ENGLAND, EC1A 4HD

Company Number: 03101607
Incorporation date: 13-Sep-1995
Status: In Administration
Entity type: Private Limited Company

SIC codes:
61300 Satellite telecommunications activities





SUMMARY

This company is 28.6 years old and is currently in administration. It is controlled by multiple entities. The company has positive equity (net assets) of GBP 53.8 million which has decreased from the previous year's figure of GBP 53.9 million. The latest reported revenue figure is GBP 20.4 million which is down -10% on the previous year. The company has 3 active officers (directors or partners) who are or were officers of 16 other companies, 2 (12.5%) 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-Dec-2020
Accounts Filed: FULL (31-Dec-2018)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2018 GBP 20,357,000 776,000 1,341,000 40,000 -2,167,000 -90,000
30-Jun-2017 GBP 22,213,000 -12,946,000 1,080,000 30,000 1,996,000 -9,900,000
30-Jun-2016 GBP 21,762,000 4,212,000 4,000 11,401,000 136,000 -7,321,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2018 GBP 1,303,000 18,444,000 51,333,000 76,000 587,000 1,828,000 53,824,000
30-Jun-2017 GBP 11,603,000 20,644,000 51,286,000 95,000 76,000 587,000 1,918,000 53,905,000
30-Jun-2016 GBP 34,782,000 55,841,000 75,947,000 95,000 76,000 587,000 11,818,000 88,550,000

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 Bridget SHELDON-HILL 12 Aug 2021 29 Mar 2024 1 - 0
Resigned William BEVERLEY 12 Feb 2020 12 Aug 2021 0 - 1
Resigned Natalie MITCHELL 28 Sep 2018 12 Feb 2020 0 - 1
Resigned Patrick WILLCOCKS 30 Jun 2018 28 Sep 2018 0 - 1
Resigned Patrick WILLCOCKS 07 Mar 2013 30 Jun 2018 0 - 1
Resigned Nigel Adrian Dawson FOX 29 Jun 2007 07 Mar 2013 Accountant British 2 - 44
Resigned David John WILLIAMS 16 Apr 2007 29 Jun 2007 5 - 28
Resigned Gary Kenneth David TRUMAN 01 Nov 2003 16 Apr 2007 0 - 23
Resigned David John WILLIAMS 24 Apr 2002 30 Oct 2003 5 - 28
Resigned Andrew David MORGAN 13 Sep 1995 24 Apr 2002 1 - 11

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Robert PLEWS 26 May 2020 Accountant English 12 - 01 (8.3%)
Active Bridget Lynn SHELDON-HILL 26 May 2020 Solicitor South African 13 - 22 (13.3%)
Active Kyle David WHITEHILL 24 Sep 2019 Chief Executive Officer British 14 - 02 (14.3%)
Resigned Natalie MITCHELL 28 Sep 2018 24 Sep 2019 Solicitor British 1 - 141 (6.7%)
Resigned Patrick WILLCOCKS 30 Jun 2018 28 Sep 2018 Solicitor British 2 - 151 (5.9%)
Resigned David James BESTWICK 26 Jun 2014 30 Jun 2018 Director British 0 - 2812 (42.9%)
Resigned Matthew John O'CONNOR 08 Oct 2010 31 Mar 2016 Director British 4 - 134 (23.5%)
Resigned Nigel Adrian Dawson FOX 29 Jun 2007 26 May 2020 Accountant British 2 - 4411 (23.9%)
Resigned Gary Kenneth David TRUMAN 27 Apr 2004 16 Apr 2007 Finance Director Brisish 0 - 2319 (82.6%)
Resigned John FRENCH 01 Mar 2004 13 Oct 2005 Consultant British 0 - 11 (100.0%)
Resigned John BRACKENBURY 19 May 2003 15 Mar 2007 Director British 0 - 87 (87.5%)
Resigned David Alan FOSTER 24 Apr 2002 15 Mar 2007 Retired British 0 - 22 (100.0%)
Resigned David John WILLIAMS 24 Apr 2002 10 Aug 2017 Director British 5 - 2812 (36.4%)
Resigned Trevor Anthony BARKER 13 Sep 1995 18 May 2004 Company Director British 2 - 31 (20.0%)
Resigned David James BESTWICK 13 Sep 1995 08 Oct 2010 Company Director British 0 - 2812 (42.9%)
Resigned Suzanne BREWER 13 Sep 1995 13 Sep 1995 0 - 42691894 (44.4%)
Resigned Andrew David MORGAN 13 Sep 1995 24 Apr 2002 Company Director British 1 - 118 (66.7%)
Number of active directors: 3
Average tenure of active directors: 4.1 years
Average tenure of resigned directors: 5.9 years
Average active director Dissolution Rate: 12.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
"THE BEECHES" GUILDOWN LIMITED (02127973) - Active
AVANTI COMMUNICATIONS LIMITED (03101607) - In Administration
AVANTI BROADBAND LIMITED (03958887) - Active
AVANTI SPACE LIMITED (05316540) - Active
AVANTI COMMUNICATIONS INFRASTRUCTURE LIMITED (05316577) - Active
AVANTI SPACE 3 LIMITED (06020078) - Active
AVANTI SPACE 2B LIMITED (06036733) - Active
AVANTI COMMUNICATIONS GROUP PLC (06133927) - In Administration
AVANTI BROADBAND (IRE) LIMITED (06828865) - Active
AVANTI HYLAS 2 LIMITED (07072502) - Active
AVANTI COMMUNICATIONS MARKETING SERVICES LIMITED (07407494) - Active
AVANTI COMMUNICATIONS AFRICA INFRASTRUCTURE LIMITED (09995469) - Active
AVANTI COMMUNICATIONS AFRICA INFRASTRUCTURE 1 LIMITED (09995872) - Active
AVANTI COMMUNICATIONS AFRICA INFRASTRUCTURE 2 LIMITED (09996173) - Active
SHELDON-HILL LEGAL SERVICES LIMITED (10781764) - Dissolved
SHELDON-HILL RESIDENTIAL LIMITED (12453079) - Active
AVANTI HYLAS 2 CYPRUS LIMITED (FC033686) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2015-09-132014-09-132013-09-132012-09-132011-09-13
AVANTI COMMUNICATIONS INFRASTRUCTURE LIMITEDORDINARY7,606,284
100%
7,606,284
100%
7,606,284
100%
7,606,284
100%
7,606,284
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

AVANTI COMMUNICATIONS 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


No Patents found

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 In Administration. Statistically, such companies have a VERY HIGH 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
Company status 99.8% 99.8% 99.4% High
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 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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