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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-06-27 (in 1mo)

Last made up 2025-06-13

Watchouts

None on the register

Cash

£46M

+52.1% highest in 6 filed years

Net assets

£45M

+35.2% highest in 6 filed years

Employees

107

+48.6% highest in 6 filed years

Profit before tax

£14M

+14,083.2% vs 2023

Accounts

10-year trend · latest reflected 2024-12-31

Metric Trend 2018-08-012019-12-312020-01-012020-12-312021-12-312022-01-012022-12-312023-01-012023-12-312024-12-31
Turnover £6,542,660£29,653,821
Operating profit £459,513£13,892,492
Profit before tax £100,047£14,189,853
Net profit -£1,505,742-£195,687£1,668,983£6,738£11,641,258
Cash £1,587,141£881,437£757,494£2,322,289£30,140,417£45,856,169
Total assets less current liabilities £3,532,904£3,377,691£9,453,319£37,261,038£49,492,715
Net assets £3,532,904£3,377,691£4,484,768£5,695,448£33,313,397£45,043,427
Equity £5,038,646£3,532,904£3,532,904£3,377,691£4,484,768£3,780,525£5,695,448£5,695,448£33,313,397£45,043,427
Average employees 4743353872107
Wages £2,226,099£2,913,068
Directors' remuneration £322,500£400,000

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 2024-12-31 vs 2023-12-31

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

Ratios

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

Ratio Trend 2018-08-012019-12-312020-01-012020-12-312021-12-312022-01-012022-12-312023-01-012023-12-312024-12-31
Operating margin 7.0%46.8%
Net margin 0.1%39.3%
Return on capital employed 1.2%28.1%
Gearing (liabilities / total assets) 20.9%43.9%
Current ratio 6.50x1.85x
Interest cover 1.26x38.60x

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.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Consolidated group
Auditor
Blick Rothenberg Audit LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“After making enquiries, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. The group retains significant cash reserves following the closure of the Series B investment round during 2023, with plans to further accelerate market access, innovation and expansion. The directors assess that the group has sufficient working capital to continue operating, investing in strategic projects, complete ongoing sales cycles and deliver contracts as they are secured. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

  1. OPEN COSMOS LTD. · parent
    1. Open Cosmos Europe SL 100% · España · design, development, launch and operation of satellites as well as providing data and services through a platform
    2. SAS Open Cosmos France 100% · France · design, development, launch and operation of satellites as well as providing data and services through a platform
    3. Open Cosmos Atlantic, Unipessoal Lda. 100% · Portugal · design, development, launch and operation of satellites as well as providing data and services through a platform
    4. Open Cosmos Aegean Single Member P.C. 100% · Greece · design, development, launch and operation of satellites as well as providing data and services through a platform
    5. Open Cosmos Canarias SLU 100% · Spain · design, development, launch and operation of satellites as well as providing data and services through a platform
    6. UTE Open Cosmos 100% · Spain · design, development, launch and operation of satellites as well as providing data and services through a platform

Significant events

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

People

6 active · 5 resigned

Name Role Appointed Born Nationality
BARRERA ARS, Jordi Director 2022-10-05 Aug 1988 Spanish
BERNAL FERNÁNDEZ, Juan Diego Director 2023-07-28 Jul 1983 Spanish
DOMIN, Alexander Director 2025-11-30 Apr 1974 German
JORDA SIQUIER, Rafael Director 2015-07-27 Oct 1988 Spanish
MEGÍAS HOMAR, Aleix, Mr. Director 2015-10-30 Feb 1990 British,Spanish
SHEEHAN, Patrick Gerard, Dr Director 2023-07-28 Mar 1960 British,Irish
Show 5 resigned officers
Name Role Appointed Resigned
LAI, Han Director 2015-10-30 2022-10-05
SPIEGEL, Toba Buhit Director 2023-10-10 2025-11-30
SPIEGEL, Toba Buhit Director 2023-07-28 2023-09-25
TAN WHITE, Wendy Director 2017-12-07 2020-07-02
VIRGILI LLOP, Josep, Dr Director 2015-07-27 2015-09-18

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr Rafael Jorda Siquier Individual Shares 25–50%, Voting 25–50% 2023-07-28 Ceased 2023-07-28
Mr Rafael Jordá Siquier Individual Shares 25–50%, Voting 25–50% 2023-07-28 Active
Mr. Rafael Jordá Siquier Individual Shares 50–75% 2016-04-06 Ceased 2023-07-28

Filing timeline

Last 20 of 99 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2026-02-11 RESOLUTIONS Resolution
Date Type Category Description
2026-04-21 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2026-04-01 AD01 address Change registered office address company with date old address new address PDF
2026-03-24 SH01 capital Capital allotment shares PDF
2026-02-11 RESOLUTIONS resolution Resolution
2025-12-17 SH01 capital Capital allotment shares PDF
2025-12-02 TM01 officers Termination director company with name termination date PDF
2025-12-01 AP01 officers Appoint person director company with name date PDF
2025-10-01 AA accounts Accounts with accounts type group PDF
2025-07-22 SH03 capital Capital return purchase own shares
2025-06-23 CS01 confirmation-statement Confirmation statement with updates PDF
2025-06-20 SH06 capital Capital cancellation shares
2025-06-16 RP04CS01 confirmation-statement Second filing of confirmation statement with made up date
2025-05-23 SH01 capital Capital allotment shares PDF
2025-02-11 CH01 officers Change person director company with change date PDF
2025-02-04 CS01 confirmation-statement Confirmation statement with updates
2024-12-20 SH01 capital Capital allotment shares PDF
2024-09-27 AA accounts Accounts with accounts type small PDF
2024-06-21 SH01 capital Capital allotment shares PDF
2024-01-23 CH01 officers Change person director company with change date PDF
2024-01-22 CS01 confirmation-statement Confirmation statement with updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
13

last 12 months

Capital events
7

last 24 months

Officers appointed
1

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.

Official Companies House page