Satnav Systems (uk) Ltd
- Small
- Active
- 16 years
- 12 employees
- £266,160 (assets)
- Virtual address
- 3 directors
- 3 owners
- Regular importer
- Rating 5.0 (971)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Satnav Systems (uk) Ltd, based in Hassocks, UK, is a small, active company founded 16 years ago. With 12 employees and £266,160 in assets, it operates from a virtual address – a detail that means 296 companies share the same location. The company has three directors and three owners, and enjoys a stellar 5.0 Google rating based on 971 reviews. It’s a regular importer of electrical machinery and equipment, with 25 months of import activity recorded, the latest in February 2025.
The company's website showcases its expertise as technology specialists for the Volkswagen Group – VW, Audi, Porsche, Lamborghini, Seat, Skoda, and Ford. They offer OEM genuine upgrades, comprehensive repair services, mobile installations, and prioritize quality, speed, and honest advice. Their product range includes satellite navigation systems, Bluetooth handsfree kits, parking sensors, and more, catering to a niche market. Featured products like Porsche Apple CarPlay upgrades and Audi parking system enhancements suggest a focus on premium vehicle modifications.
Financially, Satnav Systems (uk) Ltd presents a mixed picture. Current assets have declined by 23% to £270,000, while net assets have fallen by 30% to £220,000. Bank borrowings have decreased by 32% to £41,000, and cash reserves have plummeted 57% to £79,000. Creditors have increased by 10% to £320,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in equity and cash reserves warrants attention. There's no auditor mentioned, likely due to its small size, so the figures are unaudited.
The company’s financial performance suggests it’s facing some challenges, possibly due to increased costs or slower sales. While it maintains a strong reputation for specialized services within the Volkswagen Group, it will need to manage its finances carefully to ensure long-term sustainability.
Registered in England/Wales under the registration number 06829343, with a registered address at BN6 8QL, United Kingdom, Hassocks, West Sussex, Asm House, 103a Keymer Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- 8 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 8 years
- 2
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 16 years
- 1
-
Resident of United Kingdom
-
Individual
- 16 years
- 2
-
Resident of United Kingdom
-
Individual
- 16 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one month ago.
Last news
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Confirmation statement made on 2025-05-15 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2024-03-31Download 9 pages pdf report
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Confirmation statement made on 2024-05-15 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Satnav Systems (uk) Ltd
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