APPLIED SATELLITE TECHNOLOGY LIMITED
🌳Matureactive
02153172 · ltd · incorporated 1987-08-06
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Satellite telecommunications activities
Sector: Information & communication
Investor take
PursueActive trading company with a 73-year-old founder — textbook succession opportunity.
Opportunity 77/100 (strong), bankability 67/100. Strong seller-intent signal (68/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (48/100).
🏦
Refinance opportunity
4 live charges · 4 lenders · oldest 28.5y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 28.5 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 48/100 (high).
Data confidence
Overall: medium (60/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
28 officers (3 active, 28 linked, 18 with DOB)
83
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
169 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
3
filings
- • 2 officers
- • 1 confirmation-statement
Last 90 days
3
filings
- • 2 officers
- • 1 confirmation-statement
Last 180 days
4
filings
- • 2 officers
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (77 events)Click to expand
- 2026-06-19📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2026-06-19📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2026-06-09➕UPPAL, Aliena appointedsecretary
- 2026-06-09➖HOUSEGO-WATTS, Daniel James Lewis resignedsecretary
- 2026-01-30📄accounts-with-accounts-type-fullaccounts · AA
- 2025-06-24📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-06-24📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-06-23➕HOUSEGO-WATTS, Daniel James Lewis appointedsecretary
- 2025-06-20➖GILLIATT, Richard Temple resignedsecretary
- 2025-02-04📄accounts-with-accounts-type-fullaccounts · AA
- 2024-04-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-04-16➖WHITE, Gary Charles resigneddirector
- 2024-01-26📄accounts-with-accounts-type-fullaccounts · AA
- 2024-01-19➕GILLIATT, Richard Temple appointedsecretary
- 2024-01-19📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2023-10-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-09-23➕WHITE, Gary Charles appointeddirector
- 2023-09-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-09-10➖PETERS, Andrew Robert resigneddirector
- 2023-07-11📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-07-10📄accounts-with-accounts-type-fullaccounts · AA
- 2023-07-04📄gazette-notice-compulsorygazette · GAZ1
- 2022-09-30📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-09-29➖VERHULST, Danny Camiel resignedsecretary
- 2022-07-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-07-15➖SMITH, Andrew John resigneddirector
- 2022-05-04📄accounts-with-accounts-type-fullaccounts · AA
- 2022-03-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-03-16➖CASTELL, Stuart James resigneddirector
- 2022-02-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-02-01➕PETERS, Andrew Robert appointeddirector
- 2022-01-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-12-31➖DAVIES, David Charles resigneddirector
- 2021-07-31➖SYKES, Mark Andrew Peter resigneddirector
- 2021-03-15➖BINNIE, Christopher John resigneddirector
- 2021-02-01➖BINNIE, Christopher John resignedsecretary
- 2021-02-01➕VERHULST, Danny Camiel appointedsecretary
- 2019-05-31➖JOHNSON, Alexandra Mary resigneddirector
- 2018-12-21🔓Charge satisfied #3
- 2018-08-01➕BINNIE, Christopher John appointedsecretary
- 2018-08-01➖VERHULST, Danny Camiel Paula resignedsecretary
- 2017-01-01➕CASTELL, Stuart James appointeddirector
- 2016-12-30➖ABBOTT, Jason resigneddirector
- 2016-11-01➕SMITH, Andrew John appointeddirector
- 2016-08-01➖MASON BILLIG, Kay Frances resignedsecretary
- 2016-08-01➕VERHULST, Danny Camiel Paula appointedsecretary
- 2015-12-14➕BINNIE, Christopher John appointeddirector
- 2015-12-12➖SLATER, Scott Matthew resigneddirector
- 2015-08-13➖STANLEY, Paul Nicholas resigneddirector
- 2014-11-30➕MASON BILLIG, Kay Frances appointedsecretary
Showing most recent 50 of 77 events
Owner dependency
81/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 73 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Applied Satellite Group Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Applied Satellite Group Ltd
Corporate parent · holds 75-100% shares · board control
⬇
APPLIED SATELLITE TECHNOLOGY LIMITED
This company · 02153172
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Applied Satellite Group Ltd Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 01/11/2021 |
2 historic (ceased) PSCs
- Oakauri Ltdceased 01/11/2021· 75-100% shares · 75-100% voting · board control
- Mr Gregory Stuart Darlingceased 28/10/2021· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| A & T COMPUTERS LIMITED→ 03529965 · est 1998 · no financials extracted | — | — | — | — | 28y | — | — |
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| ANGLIA COMPUTER SOLUTIONS BUSINESS LIMITED→ 09865554 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ANOKHI LIMITED→ 03953611 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| ARCANA SOFTWORKS LTD→ 15146070 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ARCHY RIVAL UK LIMITED→ 15232189 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ARGUSYNC LTD→ 15004600 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ARK CREATIVE (UK) LIMITED→ 05459266 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| ARKHOUSE LTD→ 04617752 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| ARMOUR COACHWORKS LTD→ 13981106 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| ART IMAGE PUBLISHERS LIMITED→ 08819285 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ARTAGE PUBLISHERS LIMITED→ 07836517 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →🔒Advanced scoring suite
Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Statusactive
Typeltd
Incorporated1987-08-06
Jurisdictionengland-wales
Primary SIC61300 — Satellite telecommunications activities
Registered office
Satellite House, Bessemer Way
Harfrey's Industrial Estate
Great Yarmouth
Norfolk
NR31 0LX
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-07-27
Last: 2026-07-13
Officers (3 active · 25 resigned)
Active
Active
Active
BINNIE, Christopher John→
Resignedsecretary · appointed 2018-08-01 · resigned 2021-02-01
DARLING, Gregory Stuart→
Resignedsecretary · resigned 2004-10-06
GILLIATT, Richard Temple→
Resignedsecretary · appointed 2024-01-19 · resigned 2025-06-20
HEYWOOD, Stephen Dene→
Resignedsecretary · appointed 2004-10-06 · resigned 2011-01-11
HOUSEGO-WATTS, Daniel James Lewis→
Resignedsecretary · appointed 2025-06-23 · resigned 2026-06-09
MASON BILLIG, Kay Frances→
Resignedsecretary · appointed 2014-11-30 · resigned 2016-08-01
TURNER, Jennifer Hazel→
Resignedsecretary · appointed 2011-01-11 · resigned 2014-11-30
VERHULST, Danny Camiel→
Resignedsecretary · appointed 2021-02-01 · resigned 2022-09-29
VERHULST, Danny Camiel Paula→
Resignedsecretary · appointed 2016-08-01 · resigned 2018-08-01
ABBOTT, Jason→
Resigneddirector · ~56y · appointed 2007-05-01 · resigned 2016-12-30
BINNIE, Christopher John→
Resigneddirector · ~60y · appointed 2015-12-14 · resigned 2021-03-15
CASTELL, Stuart James→
Resigneddirector · ~59y · appointed 2017-01-01 · resigned 2022-03-16
DARLING, Thomas George→
Resigneddirector · ~97y · appointed 1992-03-04 · resigned 2006-08-15
DAVIES, David Charles→
Resigneddirector · ~63y · appointed 2007-05-01 · resigned 2021-12-31
HARRIS, Richard Nigel→
Resigneddirector · ~79y · appointed 2009-11-06 · resigned 2011-03-28
JACOBSEN, Henrik Broeng→
Resigneddirector · ~61y · appointed 2009-11-06 · resigned 2011-03-28
JOHNSON, Alexandra Mary→
Resigneddirector · ~71y · appointed 2014-05-01 · resigned 2019-05-31
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
2
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | Debenture | 1 property | 02/03/2011 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Legal charge | 1 property | 30/04/2003 | 21/12/2018 | |
| outstanding | Midland Bank Midland Bank PLC | Fixed and floating charge | 1 property | 21/07/1998 | — | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Mortgage debenture | 1 property | 15/01/1998 | 16/11/2006 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (169 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-07-13
appoint-person-secretary-company-with-name-date
officers · AP03
2026-06-19
termination-secretary-company-with-name-termination-date
officers · TM02
2026-06-19
accounts-with-accounts-type-full
accounts · AA
2026-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-31
termination-secretary-company-with-name-termination-date
officers · TM02
2025-06-24
appoint-person-secretary-company-with-name-date
officers · AP03
2025-06-24
accounts-with-accounts-type-full
accounts · AA
2025-02-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-31
termination-director-company-with-name-termination-date
officers · TM01
2024-04-30
accounts-with-accounts-type-full
accounts · AA
2024-01-26
appoint-person-secretary-company-with-name-date
officers · AP03
2024-01-19
appoint-person-director-company-with-name-date
officers · AP01
2023-10-06
termination-director-company-with-name-termination-date
officers · TM01
2023-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-16