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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2027-04-14 (in 11mo)

Last made up 2026-03-31

Watchouts

None on the register

Cash

£2M

-25% vs 2024

Net assets

£16M

+1.3% vs 2024

Employees

199

-2.9% vs 2024

Profit before tax

£377K

+111.5% vs 2024

Accounts

2-year trend · latest reflected 2025-03-31

Metric Trend 2024-03-312025-03-31
Turnover £31,151,908£31,552,577
Operating profit -£3,315,657£176,576
Profit before tax -£3,274,266£377,012
Net profit -£3,238,126£196,985
Cash £2,997,501£2,246,813
Total assets less current liabilities £16,064,271£15,619,905
Net assets £15,409,201£15,606,186
Equity £15,409,201£15,606,186
Average employees 205199
Wages £13,467,010£12,575,464

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2024-03-312025-03-31
Operating margin -10.6%0.6%
Net margin -10.4%0.6%
Return on capital employed -20.6%1.1%
Current ratio 1.32x1.39x
Interest cover -205.62x11.22x

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.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
Crowe U.K. LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Director of Finance has undertaken an assessment of the Group's expected financial situation for at least twelve months from the date of approval of these financial statements. The Group is operating under a Grant Funding Agreement ("GFA") with Innovate UK up to March 2028. Based on the assessment undertaken by the directors, the Group is able to continue for a period of at least twelve months from the date of approval of these financial statements, and consequently the financial statements have been prepared on a going concern basis.”

Group structure

  1. SATELLITE APPLICATIONS CATAPULT LIMITED · parent
    1. Satellite Applications Catapult Services Limited 100% · United Kingdom · Commercial

Significant events

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

People

11 active · 22 resigned

Name Role Appointed Born Nationality
ABBOTT, John Edward Director 2024-02-12 Jul 1977 British
ARTIS, Caroline Elizabeth Director 2022-06-01 Apr 1962 British
BHANDARI, Sanjay Director 2021-07-01 May 1968 British
CLARK, Craig Stewart Director 2022-06-01 Aug 1973 British
ELLWOOD, Tobias Martin Director 2025-02-19 Aug 1966 British
MALLORS-RAY, Ruth Louise, Dr Director 2025-02-19 Sep 1968 British
MATHER, Antony Martin Director 2025-02-19 Nov 1963 British
MCINNES, Colin Robert, Professor Director 2025-02-19 Feb 1968 British
MILLER, Stewart Greer Director 2021-07-01 Feb 1961 British
POTTS, Stephen Neil Director 2024-10-07 Mar 1977 British
RAMESH, Manjari Chandran, Dr. Director 2025-02-19 Oct 1980 Indian
Show 22 resigned officers
Name Role Appointed Resigned
JENKINSON, Antonia Scarlett Secretary 2013-10-17 2017-10-04
STAIT, Christopher Martin Secretary 2012-09-13 2013-09-12
TUFFILL, Richard James Secretary 2018-04-02 2022-07-29
ACLAND, Simon Hugh Verdon Director 2015-12-18 2024-12-18
ANDERSON, Chad Clark Director 2015-09-24 2025-04-01
BRYAN, Robert Kenneth Director 2012-09-13 2013-09-12
CONVERSANO, Benedetto Director 2022-06-01 2024-05-31
EDGE, Lucy Kathryne Director 2018-07-19 2025-01-31
GARNETT, Margaret Anne Director 2012-02-24 2012-09-13
HUNT, Susan Margaret Director 2013-04-23 2022-04-30
HUTCHINS, Graham John Richard Director 2012-10-08 2013-02-19
HUTTON, William Nicholas Director 2013-05-23 2022-07-18
JENKINSON, Antonia Scarlett Director 2013-10-17 2017-10-04
JUST, Timothy Ernest Director 2013-01-22 2015-09-24
LAWRENCE, Vanessa Vivienne, Dr Director 2015-09-24 2025-04-01
MARTIN, Stuart David Director 2013-04-23 2023-10-31
MEALING-JONES, Catherine Elizabeth Mcritchie Director 2013-02-20 2015-09-24
PATMORE, Lynne Marie Director 2017-03-30 2023-10-31
PATMORE, Lynne Marie Director 2013-04-23 2015-10-01
PINTO, Ruy Jose Carvalho Director 2013-04-23 2019-04-02
SHERWOOD, Timothy Robin Director 2012-10-08 2021-08-27
TUFFILL, Richard James Director 2018-07-19 2022-07-29

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 92 total filings

Date Type Category Description
2026-04-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-08-19 AA accounts Accounts with accounts type group
2025-04-04 TM01 officers Termination director company with name termination date PDF
2025-04-04 TM01 officers Termination director company with name termination date PDF
2025-04-04 AP01 officers Appoint person director company with name date PDF
2025-03-31 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-02-25 TM01 officers Termination director company with name termination date PDF
2025-02-25 TM01 officers Termination director company with name termination date PDF
2025-02-25 AP01 officers Appoint person director company with name date PDF
2025-02-25 AP01 officers Appoint person director company with name date PDF
2025-02-25 AP01 officers Appoint person director company with name date PDF
2025-02-24 AP01 officers Appoint person director company with name date PDF
2024-11-14 AA accounts Accounts with accounts type group
2024-10-18 AP01 officers Appoint person director company with name date PDF
2024-05-31 TM01 officers Termination director company with name termination date PDF
2024-04-10 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-02-12 AP01 officers Appoint person director company with name date PDF
2023-12-08 TM01 officers Termination director company with name termination date PDF
2023-12-08 TM01 officers Termination director company with name termination date PDF
2023-10-17 AA accounts Accounts with accounts type group

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

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

Year-on-year

FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31

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

Official Companies House page