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Cash

£1.8m

USD 2,374,000

-15.3% lowest in 3 filed years

Net assets

-£15m

USD -19,925,000

-348.9% lowest in 3 filed years

Employees

155

-13.4% lowest in 3 filed years

Profit before tax

-£21m

USD -28,041,000

+30.2% vs 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £9,046,125£13,322,986£13,700,186 +2.8%
Operating profit -£27,987,135-£28,031,678-£1,766,976 +93.7%
Profit before tax £43,672,733-£29,819,325-£20,809,647 +30.2%
Net profit £48,480,546-£27,630,532-£20,806,679 +24.7%
Cash £12,429,401£2,080,548£1,761,781 -15.3%
Total assets less current liabilities —£21,164,438£4,906,122 -76.8%
Net assets £37,380,766£5,939,987-£14,786,642 -348.9%
Equity £37,380,766£5,939,987— —
Average employees 182179155 -13.4%
Wages £17,045,811£17,457,816£15,257,885 -12.6%
Directors' remuneration £382,021£1,146,132£1,274,954 +11.2%
Directors' pension contributions £784£1,592£1,484 -6.8%
Highest paid director £382,021£573,862£893,506 +55.7%

Figures converted to GBP from USD at 0.742 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers

Ratios

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

Ratio Trend 2023-12-312024-12-312025-12-31
Operating margin ——-12.9%
Net margin ——-151.9%
Return on capital employed —-132.4%-36.0%
Gearing (liabilities / total assets) 34.9%86.0%—
Current ratio 2.78x0.75x0.40x
Interest cover -18.86x-15.55x-0.56x

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Name history

Renamed 2 times since incorporation

  1. ALL.SPACE NETWORKS LIMITED 2022-08-18 → present
  2. ALL. SPACE NETWORKS LIMITED 2022-08-01 → 2022-08-18
  3. ISOTROPIC SYSTEMS LTD 2013-09-26 → 2022-08-01

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Consolidated group
Auditor
KPMG LLP
Audit opinion
Unqualified (clean)
Going concern
Material uncertainty disclosed

“Based on the above factors, the directors believe that it remains appropriate to prepare the financial statements on a going concern basis. However, the specific circumstances relating to a scenario where additional future funding is required, indicates the existence of a material uncertainty...”

Group structure

  1. ALL.SPACE NETWORKS LIMITED · parent
    1. ALL.SPACE Networks, Inc. 100% · USA · Commercial activities

Significant events

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

People

2 active · 15 resigned

Name Role Appointed Born Nationality
FOX, Nigel Adrian Dawson Secretary 2023-05-22 — —
MCCURDY, Roderick Hayes Director 2026-03-25 Oct 1972 British
Show 15 resigned officers
Name Role Appointed Resigned
HANN, Indira Secretary 2021-08-13 2023-05-22
BRUEGGER, James Ashley Director 2025-11-17 2026-02-10
BRUEGGER, James Ashley Director 2021-09-24 2023-07-06
DICK, John William Director 2018-01-24 2023-07-06
DOONER, Robert Director 2015-07-15 2023-11-08
EMERSON, Christopher Plummer Director 2023-09-12 2026-02-10
FINNEY, Donna Director 2013-09-26 2015-03-17
FINNEY, John Director 2015-03-18 2026-02-10
HANNAFORD, Charles Director 2015-03-01 2015-12-07
HAO, Yang, Professor Director 2015-12-07 2017-12-04
JAMES, John Edward Director 2024-07-30 2026-02-10
LOHNERT, Michael Director 2023-07-05 2024-10-22
MCCALL, Patrick Charles Kingdon Director 2023-07-05 2026-02-12
MCCARTER, Paul Director 2024-08-22 2026-03-25
MCCONVILLE, James Director 2024-10-22 2026-02-10

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Mr John Finney Individual Shares 25–50%, Voting 25–50% 2020-05-06 Ceased 2021-09-24
The Boeing Company Corporate entity Shares 25–50%, Voting 25–50% 2019-01-11 Ceased 2020-05-06
Mr Graham Aubrey Collett Individual Voting 25–50% (as trust) 2017-03-03 Ceased 2021-09-24
Mr John Finney Individual Shares 75–100% 2016-05-01 Ceased 2019-01-11

Filing timeline

Last 20 of 160 total filings

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

  • 2026-07-01 RESOLUTIONS Resolution
  • 2026-07-01 RESOLUTIONS Resolution
  • 2026-07-01 RESOLUTIONS Resolution
  • 2026-06-30 RESOLUTIONS Resolution
  • 2026-06-30 RESOLUTIONS Resolution
  • 2026-06-30 RESOLUTIONS Resolution
  • 2026-04-11 RESOLUTIONS Resolution
Date Type Category Description
2026-09-14 AA accounts Accounts with accounts type group
2026-07-09 MR04 mortgage Mortgage satisfy charge full PDF
2026-07-09 MR04 mortgage Mortgage satisfy charge full PDF
2026-07-09 MR04 mortgage Mortgage satisfy charge full PDF
2026-07-08 SH19 capital Capital statement capital company with date currency figure
2026-07-08 OC138 capital Legacy
2026-07-08 CERT15 capital Certificate capital reduction issued capital
2026-07-01 RESOLUTIONS resolution Resolution
2026-07-01 RESOLUTIONS resolution Resolution
2026-07-01 RESOLUTIONS resolution Resolution
2026-06-30 RESOLUTIONS resolution Resolution
2026-06-30 RESOLUTIONS resolution Resolution
2026-06-30 RESOLUTIONS resolution Resolution
2026-06-08 SH05 capital Capital cancellation treasury shares with date currency capital figure
2026-04-30 RP01SH01 miscellaneous Legacy PDF
2026-04-23 CS01 confirmation-statement Confirmation statement with updates PDF
2026-04-11 RESOLUTIONS resolution Resolution
2026-03-31 TM01 officers Termination director company with name termination date PDF
2026-03-31 AP01 officers Appoint person director company with name date PDF
2026-03-30 SH01 capital Capital allotment shares

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
20

last 12 months

Capital events
5

last 24 months

Officers appointed
1

last 12 months

Officers resigned
7

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page