BANGO. NET LIMITED
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Cash
—
Latest balance sheet
Net assets
£7.3M
+3% vs 2024
Employees
—
Average over period
Profit before tax
-£1.5M
+79% highest in 3 filed years
Net assets
3-year trend · vs Telecommunications median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £24,563,000 | £26,802,000 | £35,988,000 | +34.3% | |
| Operating profit | -£7,943,000 | -£6,565,000 | -£184,000 | +97.2% | |
| Profit before tax | -£8,117,000 | -£7,374,000 | -£1,548,000 | +79% | |
| Net profit | -£6,977,000 | -£6,142,000 | -£437,000 | +92.9% | |
| Cash | £1,034,000 | £1,512,000 | — | — | |
| Total assets less current liabilities | £17,292,000 | £8,821,000 | — | — | |
| Net assets | £12,456,000 | £7,130,000 | — | — | |
| Equity | £12,456,000 | £7,130,000 | £7,347,000 | +3% | |
| Average employees | 119 | 113 | — | — | |
| Wages | £9,764,000 | £9,473,000 | £9,349,000 | -1.3% | |
| Directors' remuneration | £1,189,000 | £1,095,000 | £938,000 | -14.3% |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -32.3% | -24.5% | -0.5% | |
| Net margin | -28.4% | -22.9% | -1.2% | |
| Return on capital employed | -45.9% | -74.4% | — | |
| Gearing (liabilities / total assets) | 64.6% | 82.5% | — | |
| Current ratio | 0.51x | 0.31x | — | |
| Interest cover | -42.70x | -8.09x | -0.13x |
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
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- BDO 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 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
- BANGO. NET LIMITED · parent
- Bango Portugal Portugal 100%
Significant events
- “Restructuring and closure of Germany office, German Data Centre closure and Brazil restructuring incurred exceptional costs of £1.4M.”
- “Secured a new $15M multi-currency Revolving Credit Facility with NatWest, replacing a £3M overdraft from Barclays, on 5 June 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ELLIS, Rachel Christine | Secretary | 2017-05-24 | — | — |
| ANDERSON, Raymond | Director | 1999-10-07 | May 1958 | British |
| LARBEY, Paul Douglas | Director | 2020-01-22 | May 1973 | British |
| WILSON, Matthew Phillip | Director | 2025-01-20 | Jan 1986 | British |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GOLDSTEIN, Henry | Secretary | 2006-07-01 | 2017-05-24 |
| MALHOTRA, Anil | Secretary | 1999-10-07 | 2000-02-10 |
| OAKLEY, Karen Louise | Secretary | 2000-02-10 | 2006-07-01 |
| BOASE, Martin | Director | 2002-03-20 | 2005-07-01 |
| BURY, Lindsay Claude Neils | Director | 2000-05-01 | 2011-05-31 |
| CLEEVELY, David Douglas | Director | 2000-04-10 | 2005-07-01 |
| ELIAS-JONES, Rachel Louise | Director | 2016-03-14 | 2018-10-24 |
| GARNER, Matthew Jonathan | Director | 2021-03-01 | 2025-01-20 |
| MALHOTRA, Anil | Director | 1999-10-07 | 2025-06-26 |
| RAND, Carolyn Ann | Director | 2018-10-24 | 2021-03-01 |
| RIGBY, Martin Paul | Director | 2000-08-02 | 2005-07-01 |
| SAXTON, Peter William Harley | Director | 2006-07-01 | 2012-11-21 |
| SEABROOK, Geoffrey Stephen | Director | 2000-04-03 | 2006-11-11 |
| SEAR, David Valentine James | Director | 2011-05-05 | 2020-01-22 |
| TUCKER, Gerald Louis | Director | 2012-11-21 | 2017-05-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bango Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 153 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-06-13 MA Memorandum articles
- 2025-06-13 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-19 | AA | accounts | Accounts with accounts type full | |
| 2026-04-10 | CH01 | officers | Change person director company with change date | |
| 2025-10-13 | CH01 | officers | Change person director company with change date | |
| 2025-10-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-13 | CH03 | officers | Change person secretary company with change date | |
| 2025-09-15 | AA | accounts | Accounts with accounts type full | |
| 2025-08-11 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-08-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-06-27 | TM01 | officers | Termination director company with name termination date | |
| 2025-06-13 | MA | incorporation | Memorandum articles | |
| 2025-06-13 | RESOLUTIONS | resolution | Resolution | |
| 2025-06-06 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-06-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-22 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-22 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-08 | AA | accounts | Accounts with accounts type full | |
| 2024-05-22 | CH01 | officers | Change person director company with change date | |
| 2024-01-31 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-01-30 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.