Do you have a dispute with a business?
Make it public
INMARSAT FINANCE LIMITED
50 FINSBURY SQUARE, LONDON, EC2A 1HDCompany Number: 04930309
Incorporation date: 13-Oct-2003
Status: Active
Entity type: Private Limited Company
SIC codes:
61300 Satellite telecommunications activities
SUMMARY
This company is 20.5 years old and is currently active. It is controlled by Inmarsat Group Limited. The company has positive equity (net assets) of USD 8 which has increased from USD 2 in the previous year. Retained earnings is negative (USD -8.1), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 5 active officers (directors or partners) who are or were officers of 49 other companies, 11 (22.4%) 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: 30-Sep-2024Accounts Filed: AUDIT EXEMPTION SUBSIDIARY (31-Dec-2022)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
31-Dec-2019 | USD | 10 | |||||
31-Dec-2018 | USD | ||||||
31-Dec-2017 | USD |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Dec-2019 | USD | 1,007 | 1,017 | 999 | 0 | -8 | 8 | ||
31-Dec-2018 | USD | 15 | 13 | 1,397 | 0 | 2 | 2 | ||
31-Dec-2017 | USD | 15 | 13 | 1,396 | 0 | 2 | 2 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
Active | Alison Claire HORROCKS | 07 Jan 2004 | 28 Mar 2024 | Director | British | 30 - 48 |
Resigned | CLIFFORD CHANCE SECRETARIES LIMITED | 13 Oct 2003 | 07 Jan 2004 | 0 - 709 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Jason Stewart SMITH | 31 Aug 2023 | Director | British | 15 - 0 | 0 (0.0%) | |
Active | Robert James BLAIR | 31 Aug 2023 | Director | American | 20 - 1 | 0 (0.0%) | |
Active | Shawn Lynn DUFFY | 31 Aug 2023 | Director | American | 20 - 1 | 0 (0.0%) | |
Active | Benjamin Edward PALMER | 31 Aug 2023 | Director | British | 9 - 2 | 1 (9.1%) | |
Resigned | Antony Jeffrey BATES | 02 Jun 2014 | 31 Aug 2023 | Cfo | British | 0 - 32 | 15 (46.9%) |
Resigned | Rupert Edward PEARCE | 01 Jan 2012 | 26 Feb 2021 | Lawyer | British | 0 - 53 | 25 (47.2%) |
Active | Alison Claire HORROCKS | 06 Oct 2009 | None | British | 30 - 48 | 35 (44.9%) | |
Resigned | Charles Richard Kenneth MEDLOCK | 27 Sep 2004 | 31 Dec 2013 | Cfo | British | 2 - 39 | 5 (12.2%) |
Resigned | Ramin, Dr KHADEM | 07 Jan 2004 | 30 Jul 2004 | Chief Financial Officer | Canadian | 0 - 20 | 4 (20.0%) |
Resigned | Michael John BUTLER | 07 Jan 2004 | 30 Apr 2009 | Director | British | 0 - 12 | 1 (8.3%) |
Resigned | Richard Charles WILSON | 07 Jan 2004 | 06 May 2004 | Director | British | 1 - 20 | 4 (19.0%) |
Resigned | Graham Lloyd WRIGLEY | 07 Jan 2004 | 06 May 2004 | Venture Capitalist | British | 0 - 15 | 6 (40.0%) |
Resigned | Andrew John SUKAWATY | 07 Jan 2004 | 03 Jul 2017 | Executive | American | 0 - 27 | 4 (14.8%) |
Resigned | Michael Gerald STOREY | 07 Jan 2004 | 05 Mar 2004 | Director | British | 0 - 14 | 1 (7.1%) |
Resigned | Matthew Robert LAYTON | 13 Oct 2003 | 07 Jan 2004 | British | 0 - 565 | 330 (58.4%) | |
Resigned | David John PUDGE | 13 Oct 2003 | 07 Jan 2004 | Solicitor | British | 3 - 866 | 415 (47.8%) |
Average tenure of active directors: 3.4 years
Average tenure of resigned directors: 4.4 years
Average active director Dissolution Rate: 10.8%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2015-10-13 | 2014-10-13 | 2013-10-13 | 2012-10-13 | 2011-10-13 | ||
INMARSAT GROUP LTD | ORDINARY | 49,999 100.0% | 49,999 100.0% | 0 0% | 0 0% | 0 0% |
INMARSAT HOLDINGS LTD | ORDINARY | 1 0.002% | 1 0.002% | 1 0.002% | 1 0.002% | 1 0.002% |
INMARSAY GROUP LTD | ORDINARY | 0 0% | 0 0% | 49,999 100.0% | 49,999 100.0% | 49,999 100.0% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
INMARSAT FINANCE 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 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 |
---|---|---|---|---|
INMARSAT FINANCE LIMITED | 0.7% | 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 | 0.4% | 1.3% | 3.0% | Medium |
Accounting Month | 0.6% | 2.4% | 5.5% | Medium |
Sic code count | 0.7% | 3.5% | 7.0% | Medium |