NESSCOINVSAT LIMITED
Get an alert when NESSCOINVSAT LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2025-12-31
Overdue
Confirmation statement due
2027-03-11 (in 10mo)
Last made up 2026-02-25
Watchouts
Cash
£3M
Latest balance sheet
Net assets
£5M
Equity attributable
Employees
41
Average over period
Profit before tax
-£2M
Period ending 2024-03-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Annual accounts overdue
Due 2025-12-31.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
4-year trend · vs Telecommunications median
Accounts
4-year trend · latest reflected 2024-03-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2023-03-31 | 2024-03-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £24,433,713 | £19,053,753 | |
| Operating profit | — | — | — | — | |
| Profit before tax | — | — | -£19,502 | -£1,693,257 | |
| Net profit | — | — | -£24,714 | -£1,824,588 | |
| Cash | — | — | £158,608 | £2,704,270 | |
| Total assets less current liabilities | — | — | £6,567,286 | £4,595,323 | |
| Net assets | — | — | £6,419,911 | £4,595,323 | |
| Equity | £6,774,333 | £6,444,625 | £6,419,911 | £4,595,323 | |
| Average employees | — | — | 37 | 41 | |
| Wages | — | — | £3,442,600 | £3,234,961 | |
| Directors' remuneration | — | — | — | — |
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 2024-03-31 vs 2023-03-31
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-12-31 | 2021-12-31 | 2023-03-31 | 2024-03-31 |
|---|---|---|---|---|---|
| Net margin | — | — | -0.1% | -9.6% | |
| Current ratio | — | — | 1.20x | 1.05x |
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
- NESSCOINVSAT LIMITED 2006-03-23 → present
- INVSAT LIMITED 2000-01-18 → 2006-03-23
- INMARSAT THREE LTD. 1998-11-19 → 2000-01-18
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Johnston Carmichael LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company recorded a loss after tax of £1.8m (2023: loss after tax of £-.025m) for the year ended 31 March 2024, but had net current assets of £1.3m (2023: £3.3m) and net assets of £4.6m (2023: £6.4m) at the year end. As noted elsewhere, financial performance is impacted by global recharges from Viasat Inc. group, which have decreased the financial performance. Pre global recharges, the company is profitable both in the current and prior period. Post year end underlying financial performance for the company remains positive and forecasts for the European and African regions continue to project positive cash generation for the company. The company has a robust balance sheet at 31 March 2024. Having considered the company's financial position and future prospects, including the financial forecasts, the directors have developed a reasonable expectation that the company has adequate resources to continue in operational existence for a period of at least 12 months from the date of signing these financial statements. Accordingly, the going concern basis continues to be applied in preparing these financial statements.”
Significant events
- “On 18 December 2024, the ultimate parent company Viasat, Inc., announced that it has completed the divestiture of its Energy Services System Integration (SI) business to US-based private investment firm MAG Capital Partners. The company is part of the business included in the sale.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 53 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BREELAND, Ronald Shawn | Director | 2024-12-18 | May 1974 | American |
| SIGFUSSON, Steven | Director | 2024-12-18 | Jul 1982 | American |
| VEITCH, Geoffrey Mennie | Director | 2025-05-01 | Jun 1972 | British |
Show 53 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HORROCKS, Alison Claire | Secretary | 1999-03-17 | 2005-09-02 |
| ROWE, Nicholas Leonard | Secretary | 1998-11-19 | 1999-03-17 |
| SINCLAIR, Martin Fraser | Secretary | 2005-09-02 | 2008-06-02 |
| BROUGHTON SECRETARIES LIMITED | Corporate Secretary | 2022-04-11 | 2022-10-31 |
| D W COMPANY SERVICES LIMITED | Corporate Secretary | 2012-07-05 | 2022-05-10 |
| PAULL & WILLIAMSONS | Corporate Secretary | 2008-06-02 | 2009-04-06 |
| PAULL & WILLIAMSONS LLP | Corporate Secretary | 2009-04-06 | 2012-07-05 |
| AHLSTROM, Lee Michael, Mr. | Director | 2019-12-03 | 2021-11-05 |
| BALL, Robert Randall, Mr. | Director | 2020-05-19 | 2021-11-05 |
| BISSET, Cheryl Monrea, Ms. | Director | 2020-05-27 | 2020-06-25 |
| BLAIR, Robert James | Director | 2021-11-05 | 2024-12-18 |
| BUSKIE, Robert Alexander | Director | 2000-01-14 | 2001-01-31 |
| BUTLER, Michael John | Director | 2000-05-08 | 2002-12-11 |
| CLARKE, Egbert, Mr. | Director | 2018-05-23 | 2021-11-05 |
| COPE, John Mark | Director | 2017-12-01 | 2020-05-14 |
| DAVIDSON, Austin Rioch | Director | 2005-09-02 | 2010-05-31 |
| DAVIDSON, Scott | Director | 2014-10-29 | 2015-05-31 |
| DUFFY, Shawn Lynn | Director | 2021-11-05 | 2024-12-18 |
| EASTMAN, Brad, Mr. | Director | 2019-12-03 | 2021-11-05 |
| EDWARDS, Danielle, Mrs. | Director | 2018-05-23 | 2020-05-14 |
| FOLGE, Oyvind | Director | 2016-06-15 | 2021-11-05 |
| FORBES, Robert Gordon | Director | 2008-06-02 | 2012-07-05 |
| GARDINER, Jock Alistair | Director | 2008-06-02 | 2012-07-05 |
| GUTIERREZ, Gerry | Director | 2014-10-29 | 2016-05-31 |
| HILBERT, Jay, Mr. | Director | 2018-05-23 | 2020-01-21 |
| HOWARD, Christopher Frank | Director | 2001-02-20 | 2002-12-11 |
| IMRAY, David | Director | 2015-05-31 | 2017-02-03 |
| JIMMERSON, Martin Leon | Director | 2012-07-05 | 2014-10-29 |
| JOHNSON, Robert Charles | Director | 2000-01-14 | 2005-09-02 |
| KHADEM, Ramin, Dr | Director | 2000-01-14 | 2004-07-30 |
| MAGALLANES, Raul, Mr. | Director | 2019-12-03 | 2021-11-05 |
| MCDOUGAL, Patrick Joseph | Director | 2004-08-25 | 2004-12-30 |
| MCPHERSON, John | Director | 2009-01-05 | 2013-06-14 |
| MEDLOCK, Charles Richard Kenneth | Director | 2004-09-27 | 2005-09-02 |
| MORRISON, Suzanne Stewart, Ms. | Director | 2020-05-20 | 2021-11-05 |
| NOVELLI, George Albert | Director | 2000-01-14 | 2000-04-28 |
| O'SHAUGHNESSY, Terence Michael, Mr. | Director | 2020-06-30 | 2021-11-05 |
| OLIVIER, Errol James | Director | 2020-01-21 | 2021-11-05 |
| PALMER, Nicholas Mark | Director | 1998-11-19 | 2000-01-14 |
| PEREZ, Jairo | Director | 2017-02-03 | 2017-12-01 |
| PICKETT, Steven, Mr. | Director | 2018-05-23 | 2021-11-05 |
| PINTO, Ruy Jose Carvalho | Director | 2002-12-16 | 2004-12-30 |
| SALMON, Michael Anthony | Director | 2001-07-12 | 2005-09-02 |
| SCHNEIDER, Charles Emile | Director | 2017-02-03 | 2018-05-23 |
| SHAFFER, Hugh | Director | 1998-11-19 | 2000-01-14 |
| SINCLAIR, Martin Fraser | Director | 2005-09-02 | 2008-06-02 |
| SLAUGHTER, Mark Burton | Director | 2012-07-05 | 2014-10-29 |
| SMITH, Thomas Davie | Director | 2005-09-02 | 2012-07-05 |
| STEWART, Keith | Director | 2014-10-29 | 2017-02-03 |
| STOREY, Michael Gerald | Director | 2002-12-11 | 2004-03-05 |
| SUKAWATY, Andrew John | Director | 2004-03-05 | 2005-09-02 |
| TRAUPMAN, Edward Paul | Director | 2017-12-01 | 2021-11-05 |
| WATSON, Sarah | Director | 2014-10-29 | 2015-09-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Rignet Uk Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-12-09 | Ceased 2024-12-18 |
| Rignet Scotland Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-12-08 | Ceased 2016-12-09 |
| Nessco Group Holdings Limited | Corporate entity | ownership-of-shares-75-to-100-percent-as-firm | 2016-04-06 | Ceased 2016-12-08 |
Filing timeline
Last 20 of 257 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-01-09 MA Memorandum articles
- 2025-01-09 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-06-25 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-31 | AA | accounts | Accounts with accounts type full | |
| 2025-02-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-01-13 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-01-10 | PSC08 | persons-with-significant-control | Notification of a person with significant control statement | |
| 2025-01-10 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-01-10 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-10 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-10 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-10 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-09 | MA | incorporation | Memorandum articles | |
| 2025-01-09 | RESOLUTIONS | resolution | Resolution | |
| 2025-01-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-01-08 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-01-03 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 0
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.