SPACE NORWAY (UK) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-07 (in 1y)
Last made up 2026-04-23
Watchouts
Cash
£1M
+43.9% vs 2023
Net assets
£1M
+5.6% vs 2023
Employees
8
0% vs 2023
Profit before tax
£89K
-14.1% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Telecommunications median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £1,078,418 | £1,190,257 | |
| Operating profit | £50,828 | £54,983 | |
| Profit before tax | £103,950 | £89,266 | |
| Net profit | £77,988 | £65,853 | |
| Cash | £898,517 | £1,292,917 | |
| Total assets less current liabilities | — | — | |
| Net assets | £1,182,520 | £1,248,373 | |
| Equity | £1,182,520 | £1,248,373 | |
| Average employees | 8 | 8 | |
| Wages | £750,303 | £831,075 | |
| Directors' remuneration | £225,174 | £234,871 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+10.4%
£1,078,418 £1,190,257
-
Cash
+43.9%
£898,517 £1,292,917
-
Net assets
+5.6%
£1,182,520 £1,248,373
-
Employees
0%
8 8
-
Operating profit
+8.2%
£50,828 £54,983
-
Profit before tax
-14.1%
£103,950 £89,266
-
Wages
+10.8%
£750,303 £831,075
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 4.7% | 4.6% | |
| Net margin | 7.2% | 5.5% | |
| Current ratio | 7.57x | 6.59x |
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.
Name history
Renamed 2 times since incorporation — the current trading name was adopted 2024-06-20
- SPACE NORWAY (UK) LIMITED 2024-06-20 → present
- TELENOR (UK) LIMITED 1996-05-20 → 2024-06-20
- TELENOR INTERNATIONAL (UK) LIMITED 1996-04-22 → 1996-05-20
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- MHA Statutory Auditors
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors believe that preparing the financial statements on the going concern basis is appropriate due to the continued financial support provided by Space Norway Satcom AS, the Company's immediate parent undertaking. The directors have received confirmation that Space Norway Satcom AS intends to support the Company until 31 October 2026.”
Significant events
- “The name of the company was changed from Telenor (UK) Limited to Space Norway (UK) Limited on 20 June 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 21 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CRUDGE, Julian Paul | Secretary | 2018-08-16 | — | — |
| CRUDGE, Julian Paul | Director | 2008-06-19 | Apr 1964 | British |
| OLSEN, Peter | Director | 2025-06-13 | Jan 1971 | Norwegian |
| ONSRUD, Hans-Christian | Director | 2025-06-13 | Dec 1983 | Norwegian |
Show 21 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CRUDGE, Julian Paul | Secretary | 1999-02-26 | 2008-06-19 |
| GILMORE, David Martin | Secretary | 1996-04-22 | 1999-02-26 |
| RAVANI, Seema | Secretary | 2008-06-19 | 2017-05-02 |
| SHAH, Darshan | Secretary | 2017-05-02 | 2018-08-16 |
| HALLMARK SECRETARIES LIMITED | Corporate Nominee Secretary | 1996-04-22 | 1996-04-22 |
| BJORKAVAG, Gunnar Kjell | Director | 1997-02-14 | 1998-12-18 |
| BOLSTAD, Einar | Director | 1997-02-14 | 1998-04-17 |
| CHRISTIAN, Albech | Director | 2000-02-16 | 2007-11-07 |
| DIGERUD, Knut | Director | 1998-04-17 | 1999-02-26 |
| FJOSNE, Hans Mikal | Director | 1996-04-22 | 2000-02-16 |
| FOSS, Martin Alexander | Director | 2007-10-01 | 2025-06-13 |
| GILMORE, David Martin | Director | 1997-12-19 | 2008-12-19 |
| HAGA, Knut Arne | Director | 1997-02-14 | 1997-12-19 |
| HALSAA, Jan Cato | Director | 2000-02-16 | 2013-05-31 |
| KOPPERUD, Bjorn Magnus | Director | 1999-02-26 | 2000-02-16 |
| RAAD, Knut | Director | 1999-02-26 | 2001-02-28 |
| REED, Knut | Director | 1996-04-22 | 1999-02-26 |
| SIVERTSEN, Stig Eide | Director | 1999-02-26 | 2000-02-16 |
| SORENSEN, Pal | Director | 1999-02-26 | 2000-02-16 |
| TENGS, Morten | Director | 2013-05-31 | 2025-06-13 |
| HALLMARK REGISTRARS LIMITED | Corporate Nominee Director | 1996-04-22 | 1996-04-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Peter Olsen | Individual | Appoints directors | 2025-06-13 | Active |
| Mr Morten Tengs | Individual | Appoints directors | 2016-04-06 | Ceased 2025-06-13 |
Filing timeline
Last 20 of 130 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-06-20 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-24 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-08-07 | AA | accounts | Accounts with accounts type full | |
| 2025-06-25 | PSC03 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-06-25 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-06-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-25 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-25 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-25 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-02-17 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-07-16 | AA | accounts | Accounts with accounts type full | |
| 2024-06-20 | CERTNM | change-of-name | Certificate change of name company | |
| 2024-06-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-16 | AA | accounts | Accounts with accounts type full | |
| 2023-06-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-06 | AA | accounts | Accounts with accounts type full | |
| 2022-06-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-01 | AA | accounts | Accounts with accounts type full | |
| 2021-06-08 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.