Adsat International Limited

Adsat International Ltd from London UK: a small, active company founded 24 years ago, employs five people, and holds £8,939,342 in assets. It has a real address, is overseen by five directors, and owned by two individuals. The company regularly imports stone, plaster, cement, and similar material products, with three months of import activity recorded, the last operation made in 2018.

The company operates in both the development of building projects and satellite telecommunications activities. Its website, while minimal, suggests a focus on international trade and project management. There's no obvious e-commerce presence, indicating a business-to-business model rather than direct retail.

Financially, Adsat International Ltd shows a mixed picture. Current assets have decreased by 8.7% to £8,900,000, while bank borrowings have fallen by 4.5% to £4,700,000. Cash reserves have increased by 25% to £470,000, which is a positive sign. Creditors have also decreased, suggesting improved debt management. The company’s small size—meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—helps it remain flexible. The unaudited accounts, prepared using VT Final Accounts software, do not mention an auditor.

The decrease in current assets and a slight dip in equity, despite the increase in cash, could indicate a period of investment or delayed payments. It's possible that the company is expanding its operations or facing increased competition. The lack of detailed financial information makes it difficult to assess the company's long-term financial health, but the positive cash flow suggests it’s not burning through money at a concerning rate.

Registered in England/Wales under the registration number 04050920, with a registered address at N14 5PP, London, 146 Chase Side, Southgate.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.