LONDON INTERNET EXCHANGE LIMITED
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Cash
£4.6M
-7.6% lowest in 4 filed years
Net assets
£14M
-2% lowest in 4 filed years
Employees
73
0% vs 2024
Profit before tax
-£278K
-145.9% lowest in 3 filed years
Net assets
4-year trend · vs Telecommunications median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | — | £19,042,581 | £21,797,526 | £22,654,379 | +3.9% | |
| Operating profit | — | £25,816 | -£405,363 | -£540,193 | -33.3% | |
| Profit before tax | — | £289,101 | -£113,115 | -£278,191 | -145.9% | |
| Net profit | £301,509 | £135,343 | -£229,687 | -£348,908 | -51.9% | |
| Cash | £8,902,120 | £4,823,044 | £5,010,912 | £4,632,108 | -7.6% | |
| Total assets less current liabilities | £15,280,266 | £14,972,663 | £14,700,169 | £14,405,238 | -2% | |
| Net assets | £15,280,266 | £14,972,663 | £14,700,169 | £14,405,238 | -2% | |
| Equity | £15,280,266 | £14,972,663 | £14,700,169 | £14,405,238 | -2% | |
| Average employees | 68 | 69 | 73 | 73 | 0% | |
| Wages | — | £6,016,708 | £6,502,024 | £6,994,984 | +7.6% | |
| Directors' remuneration | — | £961,293 | £940,880 | £808,181 | -14.1% |
Values shown as filed in the company's annual accounts. — 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 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | 0.1% | -1.9% | -2.4% | |
| Net margin | — | 0.7% | -1.1% | -1.5% | |
| Return on capital employed | — | 0.2% | -2.8% | -3.7% | |
| Current ratio | — | 3.09x | 3.22x | 3.08x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's or the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- LONDON INTERNET EXCHANGE LIMITED · parent
- London Internet Exchange Trading Limited 100%
- LINX USA Incorporated 100%
- LINX America Incorporated 100%
- LINX (Internet Exchange) Kenya Limited 100%
- LINX-Internet Exchange Ghana LBG 100%
Significant events
- “Implemented the successful adoption of the new Membership Agreement”
- “Researched, designed and communicated a new three-year company strategy receiving excellent feedback from the membership”
- “Built an additional LAN in Mombasa with traffic peaking at over 130Gbps by year end”
- “Executed an industry leading cooperative agreement with Asteroid to significantly grow the Mombasa LAN”
- “Launched LINX Accra and connected Meta as the first member”
- “Introduced 50Gbps, 130Gbps and 150Gpbs peering speeds”
- “Increased uptake of additional interconnection offerings”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
11 active · 37 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ONE ADVISORY LIMITED | Corporate Secretary | 2023-07-25 | — | — |
| BLOOR, Alexander John Perryman | Director | 2021-05-25 | Nov 1981 | British |
| DUNBAR, Paul Justin | Director | 2026-06-11 | Oct 1974 | British |
| FABIAN, Andrew Mark | Director | 2024-05-02 | Dec 1961 | British |
| HOLMES, Jennifer Rachel | Director | 2023-01-27 | Mar 1984 | British |
| KNOOK, Pieter Cornelis | Director | 2019-12-01 | Nov 1958 | Dutch |
| LOCKHART, Simon Alexander | Director | 2023-05-17 | Aug 1972 | British |
| MASCINI-VAN BERGEN, Cara | Director | 2024-05-28 | Oct 1970 | Dutch |
| MCRAE, Neil John | Director | 2019-05-30 | Dec 1972 | British |
| PETRIE, Richard | Director | 2018-05-18 | Dec 1971 | British |
| STEVENS, Peter Robert | Director | 2020-05-06 | Oct 1977 | British |
Show 37 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DUBE, Bekki | Secretary | 2019-11-25 | 2023-07-21 |
| FISHER, Howard John | Secretary | 2016-10-14 | 2019-11-13 |
| LOCKHART, Simon Alexander | Secretary | 2006-06-19 | 2010-05-19 |
| NUTTALL, Richard Ashworth | Secretary | 1995-12-14 | 2000-02-22 |
| TITLEY, Nigel Roy | Secretary | 2000-04-20 | 2006-05-16 |
| HALLMARK SECRETARIES LIMITED | Corporate Nominee Secretary | 1995-12-14 | 1995-12-14 |
| ALMEIDA, Richard Phillip | Director | 1995-12-14 | 2000-08-22 |
| BARGISEN, Nina Hjorth | Director | 2013-05-21 | 2015-05-20 |
| BLANCHE, Michael Andrew | Director | 2015-05-20 | 2024-05-28 |
| BLIGH, Alexander Marc | Director | 1998-01-19 | 2000-08-22 |
| DAVIES, Graham Brian | Director | 1999-02-16 | 2014-05-20 |
| DIXON, Heather Rosalyn | Director | 2000-09-07 | 2002-02-19 |
| FEATHER, Clive Douglas Woon | Director | 2000-02-22 | 2004-02-17 |
| GILMORE, Patrick | Director | 2006-05-16 | 2017-05-16 |
| GLENDINNING, Steven Edward | Director | 2023-05-17 | 2026-06-11 |
| HETHERINGTON, Lee Mark | Director | 2017-05-16 | 2023-05-17 |
| HOLT, Malcolm Keith | Director | 2020-01-01 | 2024-05-02 |
| HUTTY, Malcolm Samuel Agar | Director | 2018-05-18 | 2023-01-27 |
| LAHTINEN, Thomas Sebastien Antero | Director | 2014-05-20 | 2023-05-17 |
| LINDQVIST, Kurt Erik Johannes | Director | 2018-05-18 | 2024-11-25 |
| LOCKHART, Simon Alexander | Director | 2004-02-17 | 2010-05-17 |
| MANGIN, Thomas Jean-Claude Joseph | Director | 2010-05-18 | 2018-09-03 |
| MASON, Ian | Director | 2000-09-07 | 2003-02-18 |
| MCRAE, Neil | Director | 2000-09-07 | 2016-05-17 |
| MIRZA, Javed | Director | 1995-12-14 | 1998-01-19 |
| MITCHELL, Keith Niven | Director | 1995-12-14 | 2000-09-06 |
| NUTTALL, Richard Ashworth | Director | 1995-12-14 | 2000-02-22 |
| RIZVI, Mujtiba Raza | Director | 2002-02-19 | 2012-05-22 |
| SOUTER, John Bernard | Director | 2002-02-19 | 2019-12-31 |
| STANFORD, Clifford Martin | Director | 1995-12-14 | 1999-02-16 |
| STEELE, William Murray Black | Director | 2015-06-01 | 2019-02-01 |
| TITLEY, Nigel Roy | Director | 1995-12-14 | 2006-05-16 |
| WILCOX, Stephen | Director | 2003-02-18 | 2013-05-21 |
| WOODHEAD, Simon Paul | Director | 2016-05-17 | 2020-05-06 |
| WRIGHT, Steven | Director | 2013-08-28 | 2013-08-28 |
| WRIGHT, Steven | Director | 2012-05-22 | 2021-05-25 |
| HALLMARK REGISTRARS LIMITED | Corporate Nominee Director | 1995-12-14 | 1995-12-14 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 182 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-12-02 MA Memorandum articles
- 2025-11-27 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-25 | AP01 | officers | Appoint person director company with name date | |
| 2026-06-25 | AA | accounts | Accounts with accounts type group | |
| 2026-06-23 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-02 | MA | incorporation | Memorandum articles | |
| 2025-11-27 | RESOLUTIONS | resolution | Resolution | |
| 2025-07-29 | AA | accounts | Accounts with accounts type group | |
| 2025-02-19 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-05 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-26 | CH01 | officers | Change person director company with change date | |
| 2024-07-15 | CH01 | officers | Change person director company with change date | |
| 2024-06-12 | AA | accounts | Accounts with accounts type group | |
| 2024-06-10 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-10 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-15 | TM01 | officers | Termination director company with name termination date | |
| 2024-05-14 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-08 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2023-08-08 | TM02 | officers | Termination secretary company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.