EE LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -1.6%

  £7,169,000,000 → £7,052,000,000

• Cash

  -31.4%

  £35,000,000 → £24,000,000

• Net assets

  +2.4%

  £8,614,000,000 → £8,825,000,000

• Employees

  -0.8%

  17,077 → 16,939

• Operating profit

  +4.3%

  £1,300,000,000 → £1,356,000,000

• Profit before tax

  +1.6%

  £1,405,000,000 → £1,428,000,000

• Wages

  +18.9%

  £486,000,000 → £578,000,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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. Sector-distribution context coming next.

1. EE LIMITED 2013-09-02 → present
2. EVERYTHING EVERYWHERE LIMITED 2010-07-01 → 2013-09-02
3. T-MOBILE (UK) LIMITED 2002-04-17 → 2010-07-01
4. ONE 2 ONE PERSONAL COMMUNICATIONS LIMITED 1999-10-05 → 2002-04-17
5. MERCURY PERSONAL COMMUNICATIONS LIMITED 1992-05-18 → 1999-10-05
6. UNITEL LIMITED 1989-09-13 → 1992-05-18
7. YELDASH LIMITED 1989-05-10 → 1989-09-13

Accounting basis

FRS 101 Reduced Disclosure Framework

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Consequently, the Directors are confident that the Company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Group structure

1. EE LIMITED · parent
   1. Mainline Communications Group Limited 100% · UK · Communication Distribution
   2. Mainline Digital Communications Limited 100% · UK · Communication Distribution
   3. Orange Services India Private Limited 100% · India · Management support
   4. EE Pension Trustee Limited 100% · UK · Pension Trustee
   5. Orange FURBS Trustees Limited 100% · UK · Pension Trustee
   6. Orange Personal Communications Services Limited 100% · UK · Dormant
   7. EE (Group) Limited 100% · UK · Dormant
   8. Orange Home UK Limited 100% · UK · Dormant
   9. Mobile Broadband Network Limited 50% · UK · Communication Distribution
   10. Midland Communications Distribution Limited 35% · UK · Communication Distribution
   11. Digital Mobile Spectrum Limited 25% · UK · Corrective support for Freeview services affected by deployment of 4G (800 MHz)

Significant events

• “Phones 4U: Since 2015 the administrators of Phones 4U Limited have made allegations that EE and other mobile network operators colluded to procure Phones 4U's insolvency. Legal proceedings for an unquantified amount were issued in December 2018 by the administrators. The trial on the question of liability/breach ran from May to July 2022. In November 2023 the High Court dismissed Phones 4U's claim in its entirety. Phones 4U has subsequently appealed that judgment to the Court of Appeal and a hearing is scheduled for late May 2025 with a judgment expected some months later. EE Ltd continue to dispute these allegations vigorously.”
• “Class Action Claim: In November 2023, Justin Gutmann, represented by law firm Charles Lyndon applied to the Competition Appeal Tribunal to bring a proposed class action claim for damages estimated at £1.1bn (inclusive of simple interest) on behalf of customers who purchased combined handset and airtime contracts who are outside their minimum contract terms. The claim alleges this approach was an anti-competitive abuse of a dominant position. Similar claims have also been brought against Vodafone, Three and O2 with the total damages claimed £3.285bn (inclusive of simple interest). Class actions must be certified by the Competition Appeal Tribunal at a Collective Proceedings Order (CPO) hearing before proceeding to a substantive trial. A certification hearing took place in early April 2025 at which EE and the other proposed defendants contested certifications and applied to limit the time period of the claim. If the class action is certified the substantive trial will not conclude during FY26. EE intends to defend the Company vigorously. At the reporting date EE Ltd are not aware of any evidence to indicate that a present obligation exists such that any amount should be provided for.”
• “No significant events have occurred after the reporting period.”

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

Filings

12

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

2

last 12 months

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