GLOBAL RADIODATA COMMUNICATIONS LTD.
Company number 06147265 · Monitor this company
Executive summary
Global Radiodata Communications Ltd. presents a fundamentally strong credit profile with 23% revenue growth, consistent 38% gross margins, and a net cash position where cash (£9.15M) exceeds total liabilities (£7.76M). Net assets have grown from £1.55M to £6.68M over six years, demonstrating sustained value creation. However, the near-100% dividend payout ratio is a material concern, with only £0.28M of £8.78M profit retained in the latest year, leaving minimal internal reserves to absorb shocks or service additional debt. A CONDITIONAL APPROVE is recommended, with conditions requiring dividend covenant restrictions and ongoing monitoring of defence sector contract renewals and the implications of recent director resignations.
Shareholders' funds
£6,684,760
Balance sheet as at 2024-09-30
Overview
- Company type
- Private Limited Company
- Incorporated
- 2007-03-08
- Employees
- 26 (2024 accounts · was 24 in 2023)
- Registered office
- Wyevale Business Park, Wyevale Way, Hereford, Herefordshire, HR4 7BS
- Postcode
- HR4 7BS
- Capital
- 25,100 GBP
- Accounts category
- Full
Accounts
- Last made up to
- 2025-09-30
- Next due by
- 2027-06-30
- Financial year end
- 30 September
Confirmation statement
- Last statement dated
- 2026-04-10
- Next due by
- 2027-04-24
Nature of business (SIC)
- 61300 Satellite telecommunications activities
Officers 1 current · 10 resigned
Group structure
Controlled by GLOBAL RADIODATA COMMUNICATIONS HOLDINGS LIMITED — since 2016-04-06
From persons-with-significant-control filings on the public register.
Data protection registration
Registered with the ICO as a data protection fee payer — ZC093103 (Tier 2), registered since 2026.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
Previous company names
| Name | Date changed |
|---|---|
| GRC PRODUCTS LIMITED | 2008-04-01 |
| ZXXT LIMITED | 2007-03-26 |
Previous registered addresses 2
| Address | Changed on |
|---|---|
| 4 OXFORD STREET, NOTTINGHAM, NG1 5BH | 2009-05-20 |
| 5 YORK TERRACE, COACH LANE, NORTH SHIELDS, TYNE & WEAR NE29 0EF | 2007-03-31 |
Among its peers
Top 5%
by shareholders' funds, of 55 similar companies in HR — measured against the wider sector
2nd largest employer among its local peers (26 staff).
Among the oldest 25% of its local peers, trading since 2007.
The class of 2007
28%
of the 228,174 companies incorporated in 2007 are still active today; 69% have since been dissolved.
A fact about the year, not a forecast for this company.