BROADBAND SATELLITE SERVICES LIMITED

SATCOM GLOBAL, TANNERS BANK, NORTH SHIELDS, NE30 1JH

Company Number: 08203105
Incorporation date: 05-Sep-2012
Status: Active
Entity type: Private Limited Company

SIC codes:
61300 Satellite telecommunications activities

SUMMARY

This company is 11.6 years old and is currently active. It is controlled by multiple entities. The company has positive equity (net assets) of USD 4.4 million which has increased from USD 4.4 million in the previous year. The latest reported revenue figure is USD 60.9 million which is similar to the previous year's figure of USD 63.7 million. Retained earnings is negative (USD -429.9 thousand), 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 4 active officers (directors or partners) who are or were officers of 42 other companies, 17 (40.5%) 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: 29-Jun-2024
Accounts Filed: GROUP (29-Jun-2022)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Received	Interest Paid	Tax	Net Profit GBP
30-Jun-2019	USD	60,855,050	3,721,438	85	2,292,824	152,972	1,275,727
30-Jun-2018	USD	63,694,174	2,302,345		1,351,795	59,633	890,917
30-Jun-2017	USD	69,144,471	3,498,021		1,548,922	131,672	2,175,342

No P&L data available

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Debt	Share Capital	Premium Reserve	Retained Earnings	Net Assets
30-Jun-2019	USD	6,030	9,778,321	972,247	8,500,000	214,493	4,646,913	-429,901	4,431,505
30-Jun-2018	USD	5,237	9,495,942	702,792	8,500,000	212,824	4,646,913	-442,825	4,416,912
30-Jun-2017	USD	520	6,055,246	542,729	8,500,000	198,749	1,460,938	-523,408	1,136,279
30-Jun-2014	GBP	87	402,894	2,285,540	566,671	100,000		15,160	115,160
30-Jun-2013	GBP	4,995	47,137	399,500		1,000		11,301	12,301

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**
30-Jun-2019	USD	0.78%	1,669	212,824	214,493	8,708,025
30-Jun-2018	USD	6.61%	3,200,050	45,186,980	48,387,030	55,284,126
30-Jun-2017	USD	49.69%	1,559,687	1,579,446	3,139,133	6,892,321
30-Jun-2014	GBP	99.00%	99,000	1,000	100,000	331,295

* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All apointments (active/resigned)

No information on secretary appointments

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Michael John BUTLER	02 Jul 2015		Consultant	British	2 - 5	1 (14.3%)
Active	Matthew Joseph WIDDALL	02 Jul 2015		Investment Manager	British	3 - 6	2 (22.2%)
Resigned	Mark Gordon Delap HURLEY	10 Jul 2013	10 Feb 2015	Director	British	5 - 42	23 (48.9%)
Active	Robert Alan HOWES	05 Sep 2012		Director	British	8 - 24	19 (59.4%)
Active	Ian Andrew ROBINSON	05 Sep 2012		Director	British	17 - 18	17 (48.6%)

Number of active directors: 4
Average tenure of active directors: 10.2 years
Average tenure of resigned directors: 1.6 years
Average active director Dissolution Rate: 36.1%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Michael John BUTLER	Matthew Joseph WIDDALL	Robert Alan HOWES	Ian Andrew ROBINSON
G.C.RIDLEY & COMPANY,LIMITED (00386128) - Active - Proposal to Strike off				✔
HOLYSTONE CIVIL ENGINEERING LIMITED (00973168) - Active				✔
BIN LIMITED (01180494) - Dissolved				✔
A-N-D ELECTRONICS LIMITED (01180495) - Dissolved				✔
AND ENCAPSULE8 LIMITED (01275002) - Dissolved				✔
AND MARINE SYSTEMS & SERVICES LTD (01312639) - Dissolved				✔
SKYLINE SCAFFOLDING LIMITED (01360649) - Dissolved			✔	✔
SYNECTICS PLC (01740011) - Active	✔
RAYMAR TECHNICAL SERVICES LIMITED (01774774) - Dissolved			✔	✔
SOFOLOGY LIMITED (01778734) - Active		✔
TONY HARRISON SEAGENTS COMPANY LIMITED (01832062) - Dissolved				✔
FRANKLIN STEEL STOCKHOLDERS LTD (02050406) - Active				✔
QUADNETICS EMPLOYEES' TRUSTEES LIMITED (02128906) - Active	✔
AND GROUP LIMITED (02298288) - Active			✔	✔
G.F. WOULDHAVE LIMITED (02798788) - Dissolved			✔	✔
SATCOM GLOBAL VSAT LIMITED (02845023) - Active - Proposal to Strike off				✔
CILLMASTERS LIMITED (03691219) - Dissolved				✔
BRICK SERVICES LIMITED (03719911) - Active			✔	✔
AND HOLDINGS LTD (03750749) - Active			✔	✔
SATCOM DISTRIBUTION LIMITED (04241199) - Active			✔	✔
SATCOM GLOBAL LIMITED (05208041) - Active			✔	✔
JUMP FOR FUN RACING LIMITED (05562359) - Active				✔
EXPLOSIVE VENTURES LIMITED (05613570) - Dissolved			✔	✔
QUADNETICS SIP TRUSTEES LIMITED (05815275) - Active	✔
RUTHERFORD ASSOCIATION FOOTBALL CLUB (06506016) - Active				✔
A PEARSON HOLDINGS LIMITED (06532691) - Active		✔
FARNACRES LIMITED (06765122) - Active				✔
DRUM INDUSTRIAL PROPERTIES LIMITED (06860414) - Dissolved			✔	✔
IMPERIAL RACING CLUB LIMITED (07402870) - Active - Proposal to Strike off				✔
STEEL SERVICES & STORAGE LIMITED (08168236) - Dissolved				✔
BROADBAND SATELLITE SERVICES LIMITED (08203105) - Active	✔	✔	✔	✔
WN VTECH HOLDINGS LIMITED (08381707) - In Administration		✔
THE PEOPLE'S OPERATOR PLC (09083874) - Active	✔
GEOREACH GLOBAL LIMITED (09359134) - Liquidation	✔
EXTENTIA GROUP LIMITED (09511322) - In Administration/Administrative Receive		✔
SATCOM GLOBAL AURA LIMITED (10071033) - Active			✔	✔
SATCOM GLOBAL AURA HOLDINGS LIMITED (10173071) - Active	✔	✔	✔	✔
HLS SERVICES LIMITED (10270728) - Active				✔
EVOKE CREATIVE (HOLDINGS) LIMITED (10767102) - Active		✔
HOLYSTONE GROUP LIMITED (11799415) - Active				✔
HOLYSTONE WASTE AND RECLAMATION SOLUTIONS LIMITED (11801839) - Active				✔
SPEEDY FREIGHT HOLDINGS LIMITED (13452348) - Active		✔
ALEXANDRA ACCOMODATIONS LIMITED (14885839) - Active				✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2019-11-14	2019-07-14	2016-07-14	2015-07-14	2014-09-05
ROBERT ALAN HOWES	ORDINARY	50,614 18.4%	50,614 18.4%	50,000 20%	50,000 20%	50,000 25%
IAN ANDREW ROBINSON	ORDINARY	50,614 18.4%	50,614 18.4%	50,000 20%	50,000 20%	50,000 25%
IAN ANDREW ROBINSON	ORDINARY	50,614 18.4%	50,614 18.4%	50,000 20%	50,000 20%	50,000 25%
ROBERT ALAN HOWES	ORDINARY	50,614 18.4%	50,614 18.4%	50,000 20%	50,000 20%	50,000 25%
BGF NOMINEES LTD (A/C BGF INVESTMENTS LP)	A ORDINARY	21,891 7.96%	0 0%	0 0%	0 0%	0 0%
BGF NOMINEES LTD (A/C BGF INVESTMENTS LP)	A ORDINARY	21,891 7.96%	0 0%	0 0%	0 0%	0 0%
BGF NOMINEES LTD (A/C BGF INVESTMENTS LP)	ORDINARY C	9,971 3.62%	0 0%	0 0%	0 0%	0 0%
BGF NOMINEES LTD (A/C BGF INVESTMENTS LP)	ORDINARY C	9,971 3.62%	0 0%	0 0%	0 0%	0 0%
MICHAEL JOHN BUTLER	B ORDINARY	3,416 1.24%	3,416 1.24%	3,375 1.35%	3,375 1.35%	0 0%
MICHAEL JOHN BUTLER	B ORDINARY	3,416 1.24%	3,416 1.24%	3,375 1.35%	3,375 1.35%	0 0%
MICHAEL JOHN BUTLER	D ORDINARY	1,032 0.375%	1,032 0.375%	0 0%	0 0%	0 0%
MICHAEL JOHN BUTLER	D ORDINARY	1,032 0.375%	1,032 0.375%	0 0%	0 0%	0 0%
BUSINESS GROWTH FUND PLC (A/C BGF INVESTMENTS LP)	A ORDINARY	0 0%	21,891 7.96%	21,625 8.65%	0 0%	0 0%
BUSINESS GROWTH FUND PLC (A/C BGF INVESTMENTS LP)	A ORDINARY	0 0%	21,891 7.96%	21,625 8.65%	0 0%	0 0%
BUSINESS GROWTH FUND PLC	ORDINARY C	0 0%	9,971 3.62%	0 0%	0 0%	0 0%
BUSINESS GROWTH FUND PLC	ORDINARY C	0 0%	9,971 3.62%	0 0%	0 0%	0 0%
BGF INVESTMENTS LP	A ORDINARY	0 0%	0 0%	0 0%	21,625 8.65%	0 0%
BGF INVESTMENTS LP	A ORDINARY	0 0%	0 0%	0 0%	21,625 8.65%	0 0%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

25-50%:Mr Ian Andrew Robinson - active
25-50%:Mr Robert Alan Howes - active

Controlling entities above

BROADBAND SATELLITE SERVICES LIMITED

Controlled companies below

>75%:SATCOM GLOBAL AURA HOLDINGS LIMITED (10173071 - UK) active

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
BROADBAND SATELLITE SERVICES LIMITED	0.7%	3.6%	7.1%	Medium
Other companies Active in the same sector	Too few competitors


Age	0.4%	1.7%	3.3%	Medium
Company Type	0.7%	3.7%	7.4%	Medium
Accounts category	0.6%	1.5%	2.5%	Medium
Accounting Month	0.7%	5.7%	7.5%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium