INTELSAT GLOBAL SALES & MARKETING LTD.

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -3.5%

  £275,432,459 → £265,852,583

• Cash

  +307.1%

  £63,711,595 → £259,358,601

• Net assets

  -28.2%

  -£149,195,634 → -£191,314,196

• Employees

  +3.6%

  55 → 57

• Operating profit

  +19.2%

  £34,691,635 → £41,337,370

• Profit before tax

  +14.3%

  -£43,737,759 → -£37,463,557

• Wages

  +3.5%

  £8,519,100 → £8,814,383

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. INTELSAT GLOBAL SALES & MARKETING LTD. 2001-07-23 → present
2. INTELSAT U.K., LTD. 2000-12-15 → 2001-07-23
3. PLANETNEPTUNE LIMITED 2000-10-30 → 2000-12-15

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“On their assessment of the Company's financial position, the Company's directors have a reasonable expectation that the Company will be able to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Group structure

1. INTELSAT GLOBAL SALES & MARKETING LTD. · parent
   1. Intelsat UK Financial Services Ltd. 100% · England and Wales · Financing support
   2. Intelsat France SAS 100% · France · Sales and marketing support

Significant events

• “Turnover decreased by US$12.8 million, or 3.5%, for the year ended 31 December 2024 from the year ended 31 December 2023. The decrease in turnover is primarily attributable to non-renewals, price reductions, capacity downgrades and the termination of services.”
• “Operating profit increased by US$8.9 million, or 19.2%, for the year ended 31 December 2024 from the year ended 31 December 2023. The increase in operating profit was primarily attributable to lower administrative expenses, primarily due to a US$10.7 million adjustment related to a decrease in the provision for credit losses.”
• “The Company generated a loss after taxation of US$56.9 million for the year ended 31 December 2024 compared to US$59.7 million for the year ended 31 December 2023. The decrease in loss was driven by the same drivers as the operating profit increase as well as higher tax expense for 2024.”
• “The Company's financial position was US$255.9 million in net liabilities for the year ended 31 December 2024 as compared to US$199.6 million in net liabilities for the year ended 31 December 2023. The increase in net liabilities was primarily due to the net loss for the year.”
• “On 30 April 2024, SES S.A. and Intelsat announced an agreement for SES S.A. to acquire Intelsat through the purchase of all of the outstanding shares of Intelsat Holdings for a cash consideration of US$3.1 billion and certain contingent value rights (the "CVRs") (such transaction, the "SES Transaction").”

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

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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.