WIFINITY LIMITED
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Cash
£6.8M
+17.8% highest in 3 filed years
Net assets
£27M
+49.5% highest in 3 filed years
Employees
227
+8.1% highest in 3 filed years
Profit before tax
£11M
+131.3% 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 | £25,337,487 | £33,141,077 | £39,805,588 | +20.1% | |
| Operating profit | £5,298,214 | £4,605,555 | £8,604,653 | +86.8% | |
| Profit before tax | £5,338,887 | £4,696,555 | £10,863,556 | +131.3% | |
| Net profit | £4,744,753 | £4,696,555 | £10,960,152 | +133.4% | |
| Cash | £3,111,149 | £5,790,101 | £6,822,251 | +17.8% | |
| Total assets less current liabilities | £20,422,260 | £32,502,201 | £41,586,379 | +27.9% | |
| Net assets | £15,598,147 | £18,159,434 | £27,142,424 | +49.5% | |
| Equity | £15,598,147 | £18,159,434 | £27,142,424 | +49.5% | |
| Average employees | 177 | 210 | 227 | +8.1% | |
| Wages | £9,067,691 | £12,295,852 | £14,125,386 | +14.9% | |
| Directors' remuneration | — | — | — | — |
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 | 20.9% | 13.9% | 21.6% | |
| Net margin | 18.7% | 14.2% | 27.5% | |
| Return on capital employed | 25.9% | 14.2% | 20.7% | |
| Gearing (liabilities / total assets) | — | 71.0% | 63.3% | |
| Current ratio | 0.37x | 0.45x | 0.43x |
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.
Name history
Renamed 6 times since incorporation
- WIFINITY LIMITED 2022-01-05 → present
- OPTIFY MEDIAFORCE LIMITED 2020-11-20 → 2022-01-05
- PCCW GLOBAL NETWORKS (UK) LIMITED 2019-04-24 → 2020-11-20
- PCCW GLOBAL NETWORKS (UK) PLC 2017-09-13 → 2019-04-24
- RELISH NETWORKS PLC 2016-05-26 → 2017-09-13
- KEYCOM PLC 2000-02-28 → 2016-05-26
- NOWNET.COM PLC 2000-02-03 → 2000-02-28
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on this analysis, the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet their liabilities as they fall due for the foreseeable future. Accordingly, the Directors continue to adopt the going concern basis in preparing these financial statements.”
Group structure
- WIFINITY LIMITED · parent
- Vital Wifi Holdings Limited 100%
- Vital Wifi Limited 100%
- Next Connex Limited 100%
Significant events
- “On 2 January 2026, the shareholders of Hercules Topco Limited, the ultimate parent undertaking, entered into an agreement to sell 100% of the issued share capital of the Company to Logi Bidco Limited, subject to regulatory clearance under the National Security and Investment Act. The required clearance was obtained in March 2026, and the transaction completed on 8 April 2026, resulting in a change of ultimate control of the Group. As part of the transaction, certain financing arrangements in place at the balance sheet date were settled. Third party borrowings (£53.5m), which were contractually repayable in September 2026, together with management loan notes (£82m) presented within borrowings in the Group balance sheet as at 31 December 2025, were fully repaid on completion.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 47 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| APPS, Jonathan Michael Charles | Director | 2023-10-25 | Mar 1964 | British |
| DEMETRIOU, Costas | Director | 2020-11-16 | Jun 1985 | British |
Show 47 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ATKINSON, Ashley Maria | Secretary | 2001-04-17 | 2001-05-29 |
| BENOIT, Paula | Secretary | 2013-06-24 | 2015-04-20 |
| BROWN, Charles Edwin | Secretary | 2001-05-29 | 2003-05-07 |
| GRAY, Roderick James | Secretary | 2000-02-28 | 2001-04-17 |
| NIXON, Joanne | Secretary | 2012-07-23 | 2013-06-24 |
| ROBERTSON, Graham Leslie | Secretary | 2004-09-01 | 2012-07-23 |
| WALLACE, Graham Alexander Drummond | Secretary | 2003-05-07 | 2004-08-31 |
| VISTRA COSEC LIMITED | Corporate Secretary | 2015-04-27 | 2021-02-05 |
| YORK PLACE COMPANY SECRETARIES LIMITED | Corporate Nominee Secretary | 2000-02-03 | 2000-02-28 |
| ARENA, Alexander Anthony | Director | 2015-04-20 | 2017-08-31 |
| ATKINSON, Ashley Maria | Director | 2000-02-28 | 2004-05-26 |
| BEATTY, Michael Peter | Director | 2006-09-01 | 2006-11-27 |
| BENOIT, Paula Marson | Director | 2013-07-04 | 2015-04-20 |
| BRAZIEL, Meri Beth | Director | 2011-09-16 | 2015-04-20 |
| BROWN, Charles Edwin | Director | 2001-05-29 | 2006-09-01 |
| CHARNOCK, Steven Richard | Director | 2009-01-27 | 2015-04-20 |
| CHUI, Frederick Ka Fai | Director | 2020-01-31 | 2020-11-16 |
| CLUBB, Ian Mcmaster | Director | 2000-02-28 | 2000-09-20 |
| COOKE-HURLE, Robin Edward | Director | 2013-07-04 | 2015-04-20 |
| GRAY, Roderick James | Director | 2000-02-28 | 2001-04-17 |
| HALPIN, Leslie Tracy | Director | 2010-12-13 | 2012-10-01 |
| HANNANT, Vincent Paul | Director | 2000-02-28 | 2002-03-21 |
| HARRIS, Jocelin Montague St John | Director | 2012-10-01 | 2015-04-20 |
| HINDLEY, Alan | Director | 2000-09-29 | 2003-06-02 |
| JEYNES, Roger David | Director | 2006-09-01 | 2014-07-04 |
| LEIGHTON, Steven John | Director | 2000-02-28 | 2004-03-31 |
| LUI, Christina Tsz Wan | Director | 2017-08-31 | 2018-05-01 |
| MATTHEWS, Roderick Alfred | Director | 2003-06-25 | 2012-04-20 |
| MORRIS, Richard Ronald | Director | 2009-01-27 | 2010-04-15 |
| NELLEMANN, Christian | Director | 2020-11-16 | 2021-09-08 |
| OSBORN, Peter Gordon | Director | 2001-07-12 | 2003-02-17 |
| PARRY, Mark Terry | Director | 2020-11-16 | 2021-09-08 |
| PINDAR, Richard James | Director | 2020-11-16 | 2021-09-08 |
| READ, Mike | Director | 2014-10-01 | 2015-04-20 |
| ROBERTSON, Graham Leslie | Director | 2004-09-01 | 2012-07-02 |
| ROSS, Nicholas Robert William | Director | 2003-06-25 | 2010-12-13 |
| SANATHRA, Ajay | Director | 2022-01-31 | 2023-10-25 |
| SERVIAN, Lindsay Scott | Director | 2017-08-31 | 2020-01-31 |
| STARR, Richard Knowles | Director | 2000-02-28 | 2000-10-02 |
| STONEHOUSE, John Richard | Director | 2000-09-04 | 2001-01-31 |
| TENNANT, Aubone Christopher | Director | 2020-11-16 | 2021-09-08 |
| THOO, Wei Chin | Director | 2018-05-01 | 2020-11-16 |
| VAN DEN BERGH, Michael John | Director | 2017-08-31 | 2020-11-16 |
| WALLACE, Graham Alexander Drummond | Director | 2003-05-07 | 2004-08-31 |
| WILLIAMS, Nicholas James | Director | 2015-04-20 | 2017-08-31 |
| YORK PLACE COMPANY NOMINEES LIMITED | Corporate Nominee Director | 2000-02-03 | 2000-02-28 |
| YORK PLACE COMPANY SECRETARIES LIMITED | Corporate Director | 2000-02-03 | 2000-02-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Wifinity Networks Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-02-26 | Active |
| Btn Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-11-06 | Ceased 2020-02-17 |
| Hkt Global (Uk) Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2019-11-06 |
Filing timeline
Last 20 of 339 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-26 | AA | accounts | Accounts with accounts type full | |
| 2026-04-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-04-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-04-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-01-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-24 | AA | accounts | Accounts with accounts type full | |
| 2025-02-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-24 | AA | accounts | Accounts with accounts type full | |
| 2024-02-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-03 | AP01 | officers | Appoint person director company with name date | |
| 2023-11-03 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-07-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-06-08 | AA | accounts | Accounts with accounts type full | |
| 2023-04-06 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-04-06 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- 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.