AVANTI BROADBAND LIMITED

• ◆

  Material uncertainty over going concern

  In the unlikely event the debt is called, the Group would have insufficient resources to repay the SSF at short notice, and would need to immediately seek alternative sources of financing. In that unlikely scenario, there can be no certainty of alternative sources of financing being found, and this represents a material uncertainty over the Group's ability to continue as a going concern.

• ·

  Going-concern uncertainty disclosed

• ·

  Negative shareholders' funds

Figures converted to GBP from USD at 0.743 per USD (Frankfurter spot rate) — hover any figure for the original. — 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

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. AVANTI BROADBAND LIMITED 2006-03-14 → present
2. AMBA BROADBAND LIMITED 2005-09-05 → 2006-03-14
3. AVANTI BROADBAND LIMITED 2004-01-29 → 2005-09-05
4. AMBA BROADBAND LIMITED 2001-01-05 → 2004-01-29
5. RURAL INTERNET ACCESS LTD 2000-03-29 → 2001-01-05

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

HaysMac LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“In the unlikely event the debt is called, the Group would have insufficient resources to repay the SSF at short notice, and would need to immediately seek alternative sources of financing. In that unlikely scenario, there can be no certainty of alternative sources of financing being found, and this represents a material uncertainty over the Group's ability to continue as a going concern.”

Group structure

1. AVANTI BROADBAND LIMITED · parent
   1. Avanti Hylas 3 Limited 100% · England and Wales · Support Services
   2. Avanti Space 2 Limited 100% · England and Wales · Dormant company

Significant events

• “On 2 April 2024 the Group, of which Avanti Broadband Limited is a member, was acquired by Plate New Topco Limited.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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