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Cash

£1.5m

-46.4% vs 2024

Net assets

£17m

+260.2% highest in 3 filed years

Employees

48

+17.1% highest in 3 filed years

Profit before tax

£11m

+773.8% highest in 3 filed years

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31

Metric Trend 2023-03-312024-03-312025-03-31 Δ vs prior
Turnover £24,433,713£19,053,753£20,763,885 +9%
Operating profit ——— —
Profit before tax -£19,502-£1,693,257£11,408,659 +773.8%
Net profit -£24,714-£1,824,588£11,388,521 +724.2%
Cash £158,608£2,704,270£1,450,626 -46.4%
Total assets less current liabilities £6,567,286£4,595,323£16,551,043 +260.2%
Net assets £6,419,911£4,595,323£16,551,043 +260.2%
Equity £6,419,911£4,595,323£16,551,043 +260.2%
Average employees 374148 +17.1%
Wages £3,442,600£653,857£3,737,644 +471.6%
Directors' remuneration —£0£0 —

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-03-312024-03-312025-03-31
Net margin -0.1%-9.6%54.8%
Gearing (liabilities / total assets) 72.2%84.9%34.9%
Current ratio 1.20x1.05x2.44x

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

  1. NESSCOINVSAT LIMITED 2006-03-23 → present
  2. INVSAT LIMITED 2000-01-18 → 2006-03-23
  3. INMARSAT THREE LTD. 1998-11-19 → 2000-01-18

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Henderson Loggie LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Based on these assessments and having regard to the resources available to the company, including the ongoing financial support of the group, the directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis”

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 Shares 75–100% (as firm) 2016-04-06 Ceased 2016-12-08

Filing timeline

Last 20 of 258 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
2026-09-30 AA accounts Accounts with accounts type full PDF
2026-03-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-02-02 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-06-25 AP01 officers Appoint person director company with name date PDF
2025-03-31 AA accounts Accounts with accounts type full PDF
2025-02-25 CS01 confirmation-statement Confirmation statement with updates PDF
2025-01-13 AD01 address Change registered office address company with date old address new address PDF
2025-01-10 PSC08 persons-with-significant-control Notification of a person with significant control statement PDF
2025-01-10 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2025-01-10 TM01 officers Termination director company with name termination date PDF
2025-01-10 TM01 officers Termination director company with name termination date PDF
2025-01-10 AP01 officers Appoint person director company with name date PDF
2025-01-10 AP01 officers Appoint person director company with name date PDF
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 PDF
2025-01-08 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-12-20 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-12-03 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-02-22 MR04 mortgage Mortgage satisfy charge full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

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

Official Companies House page