INMARSAT FINANCE LIMITED

50 FINSBURY SQUARE, LONDON, EC2A 1HD

Company 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-2024
Accounts 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**
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 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 - 00 (0.0%)
Active Robert James BLAIR 31 Aug 2023 Director American 20 - 10 (0.0%)
Active Shawn Lynn DUFFY 31 Aug 2023 Director American 20 - 10 (0.0%)
Active Benjamin Edward PALMER 31 Aug 2023 Director British 9 - 21 (9.1%)
Resigned Antony Jeffrey BATES 02 Jun 2014 31 Aug 2023 Cfo British 0 - 3215 (46.9%)
Resigned Rupert Edward PEARCE 01 Jan 2012 26 Feb 2021 Lawyer British 0 - 5325 (47.2%)
Active Alison Claire HORROCKS 06 Oct 2009 None British 30 - 4835 (44.9%)
Resigned Charles Richard Kenneth MEDLOCK 27 Sep 2004 31 Dec 2013 Cfo British 2 - 395 (12.2%)
Resigned Ramin, Dr KHADEM 07 Jan 2004 30 Jul 2004 Chief Financial Officer Canadian 0 - 204 (20.0%)
Resigned Michael John BUTLER 07 Jan 2004 30 Apr 2009 Director British 0 - 121 (8.3%)
Resigned Richard Charles WILSON 07 Jan 2004 06 May 2004 Director British 1 - 204 (19.0%)
Resigned Graham Lloyd WRIGLEY 07 Jan 2004 06 May 2004 Venture Capitalist British 0 - 156 (40.0%)
Resigned Andrew John SUKAWATY 07 Jan 2004 03 Jul 2017 Executive American 0 - 274 (14.8%)
Resigned Michael Gerald STOREY 07 Jan 2004 05 Mar 2004 Director British 0 - 141 (7.1%)
Resigned Matthew Robert LAYTON 13 Oct 2003 07 Jan 2004 British 0 - 565330 (58.4%)
Resigned David John PUDGE 13 Oct 2003 07 Jan 2004 Solicitor British 3 - 866415 (47.8%)
Number of active directors: 5
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

Name
 
WEBER SHANDWICK PR COMPANY LTD. (01178164) - Dissolved
FOX IPL LIMITED (01343808) - Active
PARK AIR SYSTEMS LIMITED (01951792) - Active
WEBER SHANDWICK INTERNATIONAL LTD (02258441) - Liquidation
WEBER SHANDWICK TRUSTEES LTD. (02281017) - Dissolved
INMARSAT LEASING LIMITED (02487502) - Dissolved
VIASAT UK LIMITED (03007498) - Active
INMARSAT EMPLOYEE SHARE PLAN TRUSTEES LIMITED (03669306) - Dissolved
NESSCOINVSAT LIMITED (03673679) - Active
INMARSAT VENTURES LIMITED (03674573) - Active
INMARSAT GLOBAL LIMITED (03675885) - Active
INMARSAT TRUSTEE COMPANY LIMITED (03688399) - Active
INMARSAT (IP) COMPANY LIMITED (03930467) - Active
INMARSAT SOLUTIONS GLOBAL LIMITED (04041428) - Active
INMARSAT LEASING (TWO) LIMITED (04103914) - Active
STRATOS AERONAUTICAL LIMITED (04113439) - Dissolved
STRATOS SERVICES LIMITED (04113443) - Dissolved
STRATOS GLOBAL HOLDINGS LIMITED (04113448) - Dissolved
INMARSAT SERVICES LIMITED (04379050) - Active
INMARSAT NAVIGATION VENTURES LIMITED (04858686) - Active
INMARSAT GROUP HOLDINGS LIMITED (04886072) - Active
INMARSAT INVESTMENTS LIMITED (04886096) - Active
INMARSAT GROUP LIMITED (04886115) - Active
INMARSAT HOLDINGS LIMITED (04917504) - Active
INMARSAT FINANCE LIMITED (04930309) - Active
BURSES LIMITED (04988914) - Dissolved
INMARSAT FINANCE II PLC (05280523) - Dissolved
NEWWAVE BROADBAND LIMITED (05370145) - Dissolved
EUROPASAT LIMITED (06001119) - Active
INMARSAT SOLUTIONS LIMITED (06135635) - Active
INMARSAT FINANCE III LIMITED (06138307) - Active
INMARSAT US INVESTMENTS LIMITED (07100989) - Active
VIASAT SATELLITE HOLDINGS LIMITED (07239148) - Active
INMARSAT GLOBAL XPRESS LIMITED (07341228) - Active
VIASAT TECHNOLOGIES LIMITED (08678572) - Active
NAVARINO (UK) LIMITED (09887097) - Active
HORSEBRIDGE DEFENCE AND SECURITY LIMITED (10220641) - Active
VIASAT VS3 HOLDINGS LIMITED (10535935) - Active
SEALAND SUPPORT SERVICES LIMITED (10644384) - Liquidation
INMARSAT NEW VENTURES LIMITED (11476156) - Active
VIASAT KENYA HOLDINGS LIMITED (12314898) - Active
VIASAT SOUTH AFRICA HOLDINGS LIMITED (12315428) - Active
INMARSAT MARITIME VENTURES LIMITED (12584716) - Active
VIASAT WEST AFRICA HOLDINGS LIMITED (12882825) - Active
VIASAT APAC HOLDINGS LIMITED (12926449) - Active
VIASAT COMMUNICATIONS UK LIMITED (13063808) - Active
SPRAYSBRIDGE LAKE COMPANY LIMITED (13608588) - Active
RIGNET UK LIMITED (SC291250) - Active
RIGNET UK HOLDINGS LIMITED (SC419678) - Active
RIGNET MOBILE SOLUTIONS LIMITED (SC465225) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2015-10-132014-10-132013-10-132012-10-132011-10-13
INMARSAT GROUP LTDORDINARY49,999
100.0%
49,999
100.0%
0
0%
0
0%
0
0%
INMARSAT HOLDINGS LTDORDINARY1
0.002%
1
0.002%
1
0.002%
1
0.002%
1
0.002%
INMARSAY GROUP LTDORDINARY0
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
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