TELESAT INTERNATIONAL LIMITED

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

  -15.3%

  £67,204,156 → £56,905,136

• Cash

  -84.1%

  £39,077,521 → £6,207,670

• Net assets

  -51.1%

  £111,775,435 → £54,636,316

• Employees

  0%

  4 → 4

• Operating profit

  -221%

  £18,905,584 → -£22,874,337

• Profit before tax

  -456.5%

  -£10,140,540 → -£56,431,935

• Wages

  +16.7%

  £1,147,492 → £1,338,865

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. TELESAT INTERNATIONAL LIMITED 2015-11-10 → present
2. TELESAT NETWORK SERVICES (EUROPE) LIMITED 2007-11-08 → 2015-11-10
3. LORAL SKYNET NETWORK SERVICES (EUROPE) LTD 2003-05-02 → 2007-11-08
4. LORAL SKYNET NETWORK SERVICES LTD 2003-04-28 → 2003-05-02
5. LORAL CYBERSTAR (EUROPE) LTD. 2001-12-21 → 2003-04-28

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have a reasonable expectation that the group and the Company have adequate resources to continue in operational existence for the foreseeable future, and for a period of at least one year from the date of the approval of the financial statements to 31 March 2027. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Group structure

1. TELESAT INTERNATIONAL LIMITED · parent
   1. Telesat Iberia, S.L. · Spain

Significant events

• “On June 16, 2025, a notice of redemption was issued for a portion of the T19V Eurobonds, for $22.3 million, comprising a portion of a nominal amount of the Eurobond plus applicable accrued interest and unpaid interest computed up to and including June 16, 2025. Redemption occurred on June 20, 2025.”
• “On December 19, 2025, a notice of redemption was issued for a portion of the T19V Eurobonds, for $9.5 million, comprising a portion of a nominal amount of the Eurobond plus applicable accrued interest and unpaid interest computed up to and including December 21, 2033. Redemption occurred on December 23, 2025.”

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

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.