Satisnet Limited
Registered name: SATISNET LIMITED
Part of Gamma Communications PLC groupSatisnet Limited made £10.9m revenue and £605k profit in the year to 31 Dec 2024. read from filing text
Satisnet Limited’s revenue fell 14% to £10.9m in the year to 31 Dec 2024, with £605k profit and 41 employees. The company is classified under “other information technology service activities” and is based in Manchester; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Manchester, North West
- Age
- 22 yrs · since 2004
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £13.7m | £12.8m | £10.9m |
| Cost of sales | £10.3m | £9.1m | £7.3m |
| Gross profit | £3.5m | £3.6m | £3.6m |
| Operating profit | £1.1m | £69.4k | £775k |
| Profit before tax | £1.1m | −£22.6k | £1m |
| Profit after tax | £1m | −£37.5k | £605k |
| Profit (best available) | £1m | −£37.5k | £605k |
| Staff costs | £2.1m | £3m | £2.5m |
| Employees (average) | 40 | 47 | 41 |
| Ratios | |||
| Profit margin | 7.3% | −0.3% | 5.5% |
| Gross margin | 25.3% | 28.5% | 32.8% |
| Revenue per employee | £343k | £272k | £267k |
| Profit per employee | £25k | −£798 | £14.8k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▼14.4% |
| Headcount growth | — | — | ▼12.8% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £5.6m | £5.8m | £4.2m |
| Net assets | £6.9m | £4.2m | £2.1m |
| Fixed assets | £668k | £94.9k | £35.2k |
| Current assets | £16.8m | £14.1m | £9.4m |
| Debtors | £2.4m | £2.3m | £948k |
| Deferred income | £1.4m | £2m | £1.7m |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Jul 2025 |
How the business works
- Profit margin
- 5.5%
- Profit ÷ revenue.
- Gross margin
- 32.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £267k
- Revenue ÷ average employees.
- Profit per employee
- £14.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 15.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 8.7%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼49%
- Now £2.1m
- Cash at bank
- ▼28%
- Now £4.2m
- Headcount
- ▼13%
- Now 41
- Deferred income
- ▼12%
- Now £1.7m
- Fixed assets
- ▼63%
- Now £35.2k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Gamma Communications PLCultimate parent75–100%
- Gamma Group Holdings Limited75–100%
- Gamma Telecom Holdings Limited75–100%
- Satisnet Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (6)
- Allnet Solutions LimitedFigures not disclosed
- Bright Cloud Group LtdFigures not disclosed
- Bright Cloud LtdFigures not disclosed
- Enablex Group LimitedRev. — · Profit −£218k
- Gamma Business Communications LimitedFigures not disclosed
- Gamma Telecom LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £605k), from the Companies House accounts bulk data published Jul 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.