SAWATCH LIMITED

• ⚠

  Material uncertainty over going concern

  However, the above circumstances indicate the existence of a material uncertainty related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern and, therefore, that the company may be unable to realise its assets and discharge its liabilities in the normal course of business.

Figures converted to GBP from EUR at 0.870 per EUR (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

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  -2.4%

  -£24,432,559 → -£25,026,524

• Employees

  —

  Not reported

• Operating profit

  +99.8%

  -£13,767,284 → -£32,177

• Profit before tax

  +95.9%

  -£14,326,463 → -£593,965

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“However, the above circumstances indicate the existence of a material uncertainty related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern and, therefore, that the company may be unable to realise its assets and discharge its liabilities in the normal course of business.”

Group structure

1. SAWATCH LIMITED · parent
   1. EchoStar Mobile Limited 100% · Ireland · Telecommunications

Significant events

• “Following the release of Form 10-Q for the period ended 30 June 2025, EchoStar Corporation announced two proposed spectrum sale agreements, that if successful, will significantly enhance liquidity for the Group and the Group anticipates will resolve the FCC's inquiries. These agreements are both pending regulatory approval and therefore there is uncertainty over whether either transaction will occur, and the timing of any completion.”

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

Filings

2

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.