Global Telesat Communications Limited

Global Telesat Communications Ltd, based in Poole, UK, is a small company with an active trading status. Founded in 2006, it employs nineteen people and holds £2,300,000 in assets. The company operates as a reseller and provider of satellite communication equipment and services, catering to a diverse range of industries. It's a limited company with three directors, and its registered address is well-established.

The company's website showcases a wide array of satellite phones, trackers, internet solutions, and airtime services from brands like Iridium, Thuraya, Inmarsat, Starlink, and Garmin. It targets sectors like agriculture, forestry, government, marine, media, security, recreation, and utilities, offering solutions for remote monitoring, data transmission, and emergency communication. The site also provides rental options for satellite devices and offers a buying guide and support resources.

Financially, Global Telesat Communications Ltd presents a mixed picture. Current assets decreased by 12% to £2,300,000, while net assets increased by 53% to £770,000. Cash reserves experienced a significant drop of 68%, falling to £330,000, which is a concerning trend. Bank borrowings decreased slightly, and creditors also decreased, suggesting some improvements in debt management. However, the increase in accrued liabilities by 5.9% could indicate rising operational expenses. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 25 employees) allows for flexibility, but the substantial cash drop warrants attention. The accounts are unaudited, and no auditor is mentioned, likely due to the company’s small size.

The decrease in the number of employees by 14% may be a result of streamlining operations or a response to changing market conditions. The increase in prepayments and accrued income by 37% could reflect increased customer deposits or outstanding invoices. Overall, Global Telesat Communications Ltd appears to be navigating a period of change, with both challenges and opportunities ahead.

Registered in England/Wales under the registration number 06764531, with a registered address at BH17 0HL, England, Poole, Ground Floor North, Fleets Corner.

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