TELESPAZIO UK LIMITED

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. TELESPAZIO UK LIMITED 2021-01-05 → present
2. TELESPAZIO VEGA UK LIMITED 2012-03-26 → 2021-01-05
3. VEGA SPACE LIMITED 2010-10-27 → 2012-03-26

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“On the basis of current financial projections and facilities available for the period to 30 September 2026, the directors consider that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. TELESPAZIO UK LIMITED · parent
   1. Telespazio UK SL 100% · Spain
   2. e2E Engineering Ltd 100% · England
   3. e2E Services Ltd 100% · England
   4. e2E Satcom Ltd 100% · England

Significant events

• “On 1 April 2024, the company novated contracts across from the e2E group of companies acquired in 2023 and undertook a TUPE transfer of their staff. This set in action a reorganisation and integration of the various teams to maximise capability, efficiency and opportunity within the company.”
• “During the year ended 31 December 20 4, the company's core Satellite Systems & Operations LOB saw successful contract awards, specifically with new wins on the European Space Agency (ESA) Earthcare DISC, EO Platform Interoperable Building Block Evolution Framework and ESA Moonlight, as well as successful rebids on the ESA Science Framework and Quality Assurance for Earth Observation programmes.”
• “In addition, the integration of the legacy e2E business brought new orders for the LOB, specifically with the UK MoD and Commercial Satellite Communications operators.”
• “In December 2024 the Geo raphı Information LOB was awarded the contract to provide satellite surveillance reports to the UK government's Joint Maritime Security Centre, a successful proposal in conjunction with a sister company.”
• “The company continued with its strategy to set a firm platform for wider co-operation with both the Telespazio group's capability and that of the Space Alliance, being its market interactions with Thales Alenia Space and the wider Telespazio group.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

4

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +31%

  £26,794,000 → £35,092,000

• Cash

  -75.6%

  £917,000 → £224,000

• Net assets

  +17.1%

  £15,352,000 → £17,970,000

• Employees

  +67.6%

  105 → 176

• Operating profit

  +102.4%

  £1,044,000 → £2,113,000

• Profit before tax

  +226.1%

  £898,000 → £2,928,000

• Wages

  +102.4%

  £4,594,000 → £9,300,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers