Satellite Industries Gb Limited

Satellite Industries Gb Limited, based in Nuneaton, UK, is a large, active company founded 30 years ago. With 11 employees and a real address, it’s a significant player despite being managed by a solo founder and three directors. The company boasts a Google rating of 4.0 based on one review and operates as an irregular importer of furniture, lighting, and prefabricated buildings, with its last import operation recorded one month ago in May 2022. It’s also been identified as operating in the manufacture of perfumes and toilet preparations industries.

The company’s website showcases a diverse range of portable restroom solutions, from standard portable toilets to mobile restroom trailers and even specialized vacuum technology units. It caters to both the construction and events industries, offering solutions for construction crews, accommodations, offices, dining, sanitation, decontamination, and more. A separate division, Scanvogn, focuses on mobile solutions for construction and events, while another section highlights innovative solutions for portion control, liquids, and other restroom essentials. The website also features a UK office and warehouse, a European headquarters in Belgium, and contact information for both.

Financially, Satellite Industries Gb Limited presents a mixed picture. Accumulated depreciation on property, plant, and equipment increased by 32%, while bank borrowings decreased by 43%. Cash reserves, however, rose by a substantial 190%. Creditors decreased by 13%, suggesting improved debt management, but other creditors increased by 61%. Net assets grew by 23%, and profit increased by 12%. The company’s assets are valued at £220,000, and it has a turnover of over £36 million. Although the company is small, it’s meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The company’s accounts were audited by S&W Partners Audit Limited, and the auditor’s report was unqualified. The increase in depreciation suggests ongoing investment in equipment, while the decrease in bank borrowings indicates a strengthening financial position. The lack of employees reported may be due to the company’s reliance on external contractors or a streamlined operational structure.

Registered in England/Wales under the registration number 03004731, with a registered address at CV10 9AE, United Kingdom, Nuneaton, Coventry, Satellite Industries Pool Road Industrial Estate, Pool Road.

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