APPLIED SATELLITE TECHNOLOGY LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -6.9%

  £51,556,196 → £47,991,820

• Cash

  -65%

  £2,013,051 → £705,322

• Net assets

  -10.2%

  £8,734,064 → £7,841,305

• Employees

  +3.9%

  129 → 134

• Operating profit

  -637.6%

  £253,379 → -£1,362,201

• Profit before tax

  -233.4%

  £908,233 → -£1,211,670

• Wages

  -1%

  £5,387,895 → £5,333,991

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. APPLIED SATELLITE TECHNOLOGY LIMITED 1992-01-22 → present
2. SATELLITE SYSTEMS ENGINEERING LIMITED 1987-08-06 → 1992-01-22

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Lovewell Blake LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. APPLIED SATELLITE TECHNOLOGY LIMITED · parent
   1. AST Connections Limited 100% · UK
   2. Applied Satellite Technology Systems Limited 100% · UK
   3. AST Marine Sciences Limited 100% · UK
   4. AST Holdings PTY Limited 100% · Australia
   5. Applied Satellite Technology Asia Pte Limited 100% · Singapore
   6. AST Distribution Asia Pte Limited 70% · Singapore
   7. Applied Satellite Technology SA (Pty) Ltd 51% · South Africa
   8. Sat Phones Direct Limited 99% · UK
   9. Castell Satcom Radio Limited 100% · UK
   10. AST Systems Africa 100% · Kenya
   11. AST Systems US LLC 100% · USA
   12. Applied Satellite Technology Australia PTY Limited 100% · Australia
   13. AST Oceanics PTY Ltd 100% · Australia
   14. AST Oceanics UK Limited 100% · UK

Significant events

• “Demand for the company's traditional products and services declined faster than anticipated over the course of the 2025 financial year reflecting the disruptive effects of Starlink and the consequent challenging market conditions.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.