Photo has 1947 on back.

What a prison!. According to Wiki:

HMS SATELLITE

A Satellite Class loop built by Sheerness Dockyard, launched 13/08/1881

These ships were designed to patrol the far-flung reaches of Britain's maritime empire, and so Rapid and Royalist both went to the Australian Station, Satellite to the Pacific Station, Pylades to the North America and West Indies Station and Heroine, Caroline and Hyacinth all to the China Station.

SATELLITE became a RNVR drill ship at North Shields on the River Tyne in 1904. Sold to J G Potts for breaking on 21 October 1947

Or a Composite Screw Corvette.
1,420 tons displacement.
200 ft x 38 ft.
2 x 6" Guns.
10 x 5" Guns.
Sheerness Dock Yard Launched 13th August 1881.
RNVR Drillship from 1904.
Sold 21st October 1947 to J G Potts.

I cannot find a location for J. G. Potts so I'm assuming that this was an Agent who sold the ship on......

Satellite became a drill ship for the Naval Reserve (not the RNVR) in November 1903. She was used as a base ship during WW1. In 1919 she became a sub division of Tyne Division RNVR and the convenient name Satellite was retained. Used for DEMS training during WW2 she was sold to Mr Potts and moved to Phoenix Wharf, Gateshead on 13 July 1947 with breaking being finished on 6 August 1948. She was replaced at South Shields by the Algerine class minesweeper Melita which took on the name Satellite. Melita was succeeded in 1951 by another Algerine - Brave. Brave remained as Satellite until 1958 when the sub division was closed and she was broken up by Clayton and Davie at Dunston.