Company registration number 09047965 (England and Wales)
BULSATCOM INVESTMENT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MAY 2024
PAGES FOR FILING WITH REGISTRAR
BULSATCOM INVESTMENT LIMITED
BALANCE SHEET
AS AT
30 MAY 2024
30 May 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
-
0
67,331,265
Current assets
41,800,213
9,133
Creditors: amounts falling due within one year
(24,087)
(28,200)
Net current assets/(liabilities)
41,776,126
(19,067)
Total assets less current liabilities
41,776,126
67,312,198
Creditors: amounts falling due after more than one year
(6,425,533)
(6,187,505)
Net assets
35,350,593
61,124,693
Capital and reserves
35,350,593
61,124,693
Notes to the financial statements
1
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2024
2023
Number
Number
Employees
2
3
2
Ultimate Parent

In February 2024 United Group, the leading telecom and media operator in South-east Europe, acquired indirectly, via United Group Bulgaria EOOD, 100% of the share capital of Bulsatcom EOOD. As at the date of preparation of these accounts the ultimate parent of the Company is Summer Invest S.a.r.l. (an entity controlled by funds advised by BC Partners) which owns majority stake in Summer Parent, which indirectly, through Viva Corporate Bulgaria EOOD, owns 100% of the equity of Bulsatcom Investment Limited.

Bulsatcom Investment Limited is a private company limited by shares incorporated in England and Wales. The registered office is Rutland House C/O Csu Team, Squire Patton Boggs (UK) LLP, 148 Edmund Street, Birmingham, B3 2JR.

For the year ended 30 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

BULSATCOM INVESTMENT LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 MAY 2024
30 May 2024
- 2 -

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 28 November 2024 and are signed on its behalf by:
Mr V A Rangelov
Mr N S Andreev
Director
Director
Company registration number 09047965 (England and Wales)
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