DAISY COMMUNICATIONS LTD.

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

  +39.5%

  £145,120,000 → £202,415,000

• Cash

  -43.6%

  £5,335,000 → £3,010,000

• Net assets

  +24%

  £157,630,000 → £195,478,000

• Employees

  +32.1%

  598 → 790

• Operating profit

  +63.7%

  £23,790,000 → £38,952,000

• Profit before tax

  +65.3%

  £23,683,000 → £39,148,000

• Wages

  +29.1%

  £20,606,000 → £26,612,000

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. DAISY COMMUNICATIONS LTD. 2001-06-19 → present
2. LOCKBAND LIMITED 2001-01-22 → 2001-06-19

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have received a confirmation letter from the directors of VMED O2 UK Holdings Limited, the direct subsidiary of VMED 02 UK Limited, confirming it will continue to provide sufficient financial support to enable the Company to meet its liabilities as they fall due for at least the next 12 months. As such, the directors continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. DAISY COMMUNICATIONS LTD. · parent
   1. Voice Mobile Limited 1% · UK · Telecommunications services
   2. Spiritel Mobile Limited 1% · UK · Telecommunications services
   3. Alternative Networks Limited 1% · UK · Non-trading
   4. Daisy Local Business Limited 1% · UK · Non-trading
   5. Daisy Telecoms Limited 1% · UK · Non-trading
   6. Daisy Bidco Limited 1% · UK · Holding company
   7. XLN Limited 1% · UK · Holding company
   8. XLN Telecom Ltd. 1% · UK · Non-trading
   9. OneBillTelecom Limited 1% · UK · Non-trading
   10. XLN Pay Limited 1% · UK · Card processing services
   11. XLN Energy Limited 1% · UK · Energy introducer
   12. Hamsard 3209 Limited 1% · UK · Non-trading

Significant events

• “On 31 October 2024, the trade and certain of the net assets of Communicate Better Limited, a fellow group undertaking, were hived in to the Company at book value with the consideration settled through the intercompany accounts.”
• “Subsequent to the year end in May 2025, VMED O2 and Daisy Group announced the creation of a new B2B company, combining their complementary direct B2B operations to create a major new force in the UK business communications and IT sector. The transaction completed on 1 August 2025 with creation of O2 Daisy Limited, the parent of the group (O2 Daisy).”
• “Also, on 30 September 2025, the Company became a guarantor to intercompany loans totalling £1,351 million which are secured by a fixed and floating charge over the assets of the Company and certain fellow group undertakings.”

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

Filings

17

last 12 months

Capital events

2

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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