Sattelite Solutions Ltd

Sattelite Solutions Ltd, based in London, UK, is a small, active company founded three years ago in 2022. With just one employee and a virtual address shared by 667 other companies, it's a solo-founded operation led by a single director and owner. The business operates in the other business support service activities n.e.c. industries and irregularly imports electrical machinery and equipment, with just two months of import activity recorded as of November 2022.

The company’s website showcases a range of digital services, network cabling, fibre optics, wireless network installation, CCTV installation, and aerial installation. It positions itself as a provider of specialist communication solutions and network cabling for businesses of all sizes, covering everything from LAN and WAN to broadband and security. Recent projects and news sections highlight its work and industry expertise.

Financially, Sattelite Solutions Ltd presents a mixed picture. Net assets and liabilities are both at a concerning -£2,600, indicating accumulated losses. Creditors remain steady at £2,600, and the company has zero employees reported. The small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the negative equity raises concerns. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

While the company appears to be actively marketing its services, the financial data suggests it's burning through money. It's possible the business is in a growth phase, reinvesting profits back into the company, or it could be struggling to achieve profitability. The virtual address and solo founder model could also contribute to cost efficiencies, but it also limits scalability.

Registered in England/Wales under the registration number 14107870, with a registered address at W1W 7LT, United Kingdom, London, 85 Great Portland Street.

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