UK Companies House feature
SATISNET LIMITED
Cash
£4M
-28.2% vs 2023
Net assets
£2M
-49.4% vs 2023
Employees
41
-12.8% vs 2023
Profit before tax
£1M
+4,724.9% vs 2023
Profile
- Company number
- 05132091
- Status
- Active
- Incorporation
- 2004-05-19
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62090
Net assets
5-year trend · vs UK AI & Enterprise SaaS median
Accounts
5-year trend · latest 2024-12-31
| Metric | Trend | 2021-11-01 | 2022-12-31 | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | |
| Profit before tax | — | £1,115,424 | — | -£22,567 | £1,043,711 | |
| Net profit | — | £1,000,561 | — | -£37,529 | £605,462 | |
| Cash | — | £5,579,447 | — | £5,791,637 | £4,156,584 | |
| Total assets less current liabilities | — | £7,703,424 | — | £5,558,014 | £3,007,909 | |
| Net assets | — | £6,861,750 | — | £4,240,214 | £2,145,676 | |
| Equity | £5,757,895 | £6,861,750 | £6,861,750 | £4,240,214 | £2,145,676 | |
| Average employees | — | 40 | — | 47 | 41 | |
| Wages | — | £1,795,611 | — | £2,463,062 | £2,193,908 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PKF Smith Cooper Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In the Directors' opinion, the Company is a going concern for a minimum of twelve months from the date of the approval of the financial statements.”
Significant events
- “Satisnet Limited is a Cybersecurity Integrator providing security tools and services to corporates in the UK and around the world.”
- “The Company continued to perform well, due in part to the Company expanding further into the role of a managed cyber security service provider, driven by customers' demand for a more turnkey solution.”
- “Throughout 2024, Gamma has formed new supplier relationships to enhance its market opportunities across the UK and Europe. As a result, certain suppliers have become more strategically important.”
- “Gamma has introduced a new online learning platform, offering employees access to live and on-demand courses to support their learning and development. Throughout the year, tailored training has also been provided to the SLT and line managers.”
- “In 2024, business continuity and disaster recovery plans were expanded beyond the UK and introduced into our European countries, ensuring all subsidiaries have aligned business continuity and disaster controls in place.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
4 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MATZOPOULOS, Rachael Alexandra | Secretary | 2023-08-16 | — | — |
| MACFARLANE, David James | Director | 2023-08-16 | Jun 1968 | British |
| MAHER, Paul | Director | 2023-08-16 | Jun 1976 | Irish |
| WILLIAMS, David John | Director | 2023-08-16 | Sep 1986 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MCCANN, Mary Kathleen | Secretary | 2004-05-19 | 2015-12-31 |
| MCCANN, John Matthew | Director | 2004-05-19 | 2023-08-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Gamma Telecom Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-12-04 | Active |
| Gamma Communications Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-08-16 | Ceased 2024-12-04 |
| Mr John Matthew Mccann | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2023-08-16 |
Filing timeline
Last 20 of 65 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-02-11 | CH03 | officers | change person secretary company with change date |
| 2026-02-11 | AD01 | address | change registered office address company with date old address new address |
| 2025-07-24 | AA | accounts | accounts with accounts type full |
| 2025-06-10 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-12-16 | AA | accounts | accounts with accounts type full |
| 2024-12-10 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-12-10 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2024-06-18 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-01-12 | AA | accounts | accounts with accounts type full |
| 2023-08-29 | RESOLUTIONS | resolution | resolution |
| 2023-08-29 | MA | incorporation | memorandum articles |
| 2023-08-17 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2023-08-17 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2023-08-17 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2023-08-17 | AD01 | address | change registered office address company with date old address new address |
| 2023-08-17 | AP03 | officers | appoint person secretary company with name date |
| 2023-08-17 | TM01 | officers | termination director company with name termination date |
| 2023-08-17 | AP01 | officers | appoint person director company with name date |
| 2023-08-17 | AP01 | officers | appoint person director company with name date |
| 2023-08-17 | AP01 | officers | appoint person director company with name date |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
3.11
SAFE
Altman Z″
- Working capital / Total assets 0.314 × 6.56 = +2.06
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.111 × 6.72 = +0.74
- Book equity / Total liabilities 0.293 × 1.05 = +0.31
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory