Satixfy Uk Limited

Satixfy Uk Limited, based in Farnborough, UK, is a sizable holding company with an active status, established nine years ago. The company employs 45 individuals and holds assets totaling £22,864,126. With four directors and one owner, it maintains a perfect 5.0 Google rating based on three reviews. Satixfy is a regular importer and exporter of electrical machinery and equipment, with 42 months of import activity and 6 months of export activity recorded.

The company’s website highlights its focus on innovative satellite communication technology, positioning itself as a leader in the field. It operates across multiple areas, including the development of SDR ASICs, InFlight Connectivity solutions, and defense applications. Satixfy’s website also showcases its commitment to direct-to-cell technology and payload solutions, emphasizing its ability to provide high-speed communications for a variety of platforms. The company’s technology is being used by partners like MDA Space and OneWeb, and it’s even been praised by the UK Space Agency.

Financially, Satixfy Uk Limited presents a mixed picture. While revenue remained steady at £38 million, net assets decreased by 20% to -£15 million. Bank borrowings increased by 100%, reaching £7.9 million, while cash reserves fell 48% to £1.1 million. Creditors, however, decreased by 90%, suggesting improved debt management. The company meets two of three criteria to be considered a large company, with turnover exceeding £36 million and a balance sheet total over £18 million. The lack of a mentioned auditor suggests unaudited statements.

The company’s focus on cutting-edge technology and partnerships suggests a strong growth potential, but the declining net assets and increasing borrowings raise concerns about its financial health. It seems Satixfy is investing heavily in its future, but whether these investments will pay off remains to be seen.

Registered in England/Wales under the registration number 09966402, with a registered address at GU14 7LS, England, Farnborough, Hampshire, Satixfy Uk, Spectrum Point 279 Farnborough Road.

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