BT GROUP PLC
An LSE-listed multinational telecommunications holding company that operates major UK brands including BT, EE, Openreach, and Plusnet to provide fixed-line, broadband, mobile, and IT services.
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Cash
£1.5bn
-44.5% vs 2025
Net assets
£13bn
+26.9% vs 2025
Employees
84,000
-1.5% vs 2025
Profit before tax
£1.4bn
+7.6% vs 2025
Net assets
2-year trend · vs Telecommunications median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31
| Metric | Trend | 2025-03-31 | 2026-03-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £20,330,000,000 | £19,646,000,000 | -3.4% | |
| Operating profit | £2,492,000,000 | £2,897,000,000 | +16.3% | |
| Profit before tax | £1,334,000,000 | £1,436,000,000 | +7.6% | |
| Net profit | — | — | — | |
| Cash | £2,631,000,000 | £1,459,000,000 | -44.5% | |
| Total assets less current liabilities | £42,782,000,000 | £43,267,000,000 | +1.1% | |
| Net assets | £9,904,000,000 | £12,564,000,000 | +26.9% | |
| Equity | £9,904,000,000 | £12,564,000,000 | +26.9% | |
| Average employees | 85,300 | 84,000 | -1.5% | |
| Wages | £3,969,000,000 | £3,724,000,000 | -6.2% | |
| Directors' remuneration | £12,913,000 | £4,161,000 | -67.8% | |
| Highest paid director | £5,581,000 | £1,281,000 | -77% |
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 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|
| Operating margin | 12.3% | 14.7% | |
| Return on capital employed | 5.8% | 6.7% | |
| Gearing (liabilities / total assets) | 80.2% | 74.9% | |
| Current ratio | 1.41x | 1.21x | |
| Interest cover | 2.02x | 2.68x |
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 1 time since incorporation
- BT GROUP PLC 2001-09-11 → present
- NEWGATE TELECOMMUNICATIONS LIMITED 2001-03-30 → 2001-09-11
Audit & accounting basis
- Accounting basis
- UK-adopted IFRS
- Reporting scope
- Consolidated group
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors believe that the Group has the resources necessary to continue in business for the foreseeable future and has therefore continued to adopt the going concern basis of accounting in preparing the financial statements. No material uncertainties were identified.”
Group structure
- BT GROUP PLC · parent
- BT Communications Limited 100%
- BT Global Services Limited 100%
- EE Limited 100%
Significant events
- “We welcomed Allison Kirkby to the Group Executive Committee, following Philip Jansen’s retirement on 31 January 2024. And we also appointed new members to my leadership team.”
- “We announced the acquisition of the remaining stake in the Sports Joint Venture, with an agreement to acquire Warner Bros. Discovery’s 50% interest.”
- “This year we signed an agreement with Starlink to provide satellite broadband services to customers in hard-to-reach locations.”
- “We now provide Openreach engineers with a mobile device that allows them to access the full range of operational applications and enhance customer service.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
15 active · 52 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHALMERS, Sabine | Secretary | 2021-09-01 | — | — |
| CAIRNIE, Linda Ruth | Director | 2023-04-06 | Dec 1953 | British |
| CHAN JONES, Maggie | Director | 2023-03-01 | Nov 1974 | American |
| CHISHOLM, Alex James, Sir | Director | 2024-09-16 | Jan 1968 | British |
| CROZIER, Adam Alexander | Director | 2021-11-01 | Jan 1964 | British |
| GUGGENHEIMER, Steven Craig | Director | 2022-10-01 | May 1965 | American |
| KEY, Matthew David | Director | 2018-10-25 | Mar 1963 | British |
| KIRKBY, Allison | Director | 2019-03-15 | Jul 1967 | British |
| KUBLER, Raphael, Dr | Director | 2024-01-30 | Jan 1963 | German |
| LOWTH, Simon Jonathan | Director | 2016-07-12 | Sep 1961 | British |
| MITTAL, Sunil Bharti | Director | 2025-09-15 | Oct 1957 | Indian |
| MORZARIA, Tushar | Director | 2024-05-07 | Feb 1969 | British |
| QURESHI, Rima | Director | 2025-03-02 | Jan 1965 | Canadian |
| VITTAL, Gopal | Director | 2025-09-15 | Jun 1966 | Indian |
| WELLER, Sara Vivienne | Director | 2020-07-16 | Aug 1961 | British |
Show 52 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CANHAM, Rachel | Secretary | 2018-11-01 | 2021-09-01 |
| FITZ, Joseph Daniel | Secretary | 2012-11-01 | 2018-10-31 |
| GREEN, Colin Raymond | Secretary | 2001-09-10 | 2002-03-26 |
| PARKER, Andrew John | Secretary | 2008-04-01 | 2012-10-31 |
| SCOTT, Alan George, Mr. | Secretary | 2001-03-30 | 2001-09-10 |
| STONE, Laurence William | Secretary | 2002-03-27 | 2008-04-01 |
| AL-SALEH, Adel Bedry | Director | 2020-05-15 | 2023-12-31 |
| ALAHUHTA, Matti Juhani | Director | 2006-02-01 | 2009-05-31 |
| ALEXANDER, Helen | Director | 2001-11-19 | 2002-01-14 |
| BALL, Anthony Frank Elliott | Director | 2009-07-16 | 2018-07-11 |
| BARRAULT, Francois | Director | 2007-04-24 | 2008-10-30 |
| BLAND, Francis Christopher Buchan | Director | 2001-09-10 | 2007-09-30 |
| BONFIELD, Peter Leahy, Sir | Director | 2001-09-10 | 2002-01-31 |
| BORTHWICK, David | Director | 2001-03-30 | 2001-09-10 |
| BRENDISH, Clayton Mark | Director | 2002-09-01 | 2011-08-31 |
| CHANMUGAM, Anthony Everard Ashiantha | Director | 2008-12-01 | 2016-07-13 |
| CHESHIRE, Ian Michael, Sir | Director | 2020-03-16 | 2023-07-13 |
| CONN, Iain Cameron | Director | 2014-06-01 | 2023-07-13 |
| DANIELS, John Eric | Director | 2008-04-01 | 2012-06-13 |
| DANON, Pierre | Director | 2001-11-19 | 2005-02-28 |
| DE MOLLER, June Frances | Director | 2001-11-19 | 2002-01-14 |
| DU PLESSIS, Jan Petrus | Director | 2017-06-01 | 2021-12-01 |
| EAST, David Warren Arthur | Director | 2014-02-01 | 2015-05-31 |
| GREEN, Andrew James | Director | 2001-11-19 | 2007-11-12 |
| GREENER, Anthony Armitage, Sir | Director | 2001-11-19 | 2006-09-30 |
| HAMPTON, Philip Roy | Director | 2001-09-10 | 2002-04-30 |
| HEWITT, Patricia Hope | Director | 2008-03-24 | 2014-03-23 |
| HODKINSON, Philip Andrew | Director | 2006-02-01 | 2016-01-31 |
| HOTTGES, Timotheus | Director | 2016-01-29 | 2020-05-15 |
| HUDSON, Isabel Frances | Director | 2014-11-01 | 2024-07-11 |
| HUGHES, Louis Ralph | Director | 2001-11-19 | 2006-03-31 |
| INGLIS, Michael James | Director | 2015-09-01 | 2021-07-15 |
| ISDELL, Edward Neville | Director | 2001-11-19 | 2002-01-14 |
| JANSEN, Philip Eric Rene | Director | 2019-01-01 | 2024-01-31 |
| JAY, Margaret Ann, Baroness | Director | 2002-01-14 | 2008-01-13 |
| LALANI, Hanif Mohamed | Director | 2005-02-07 | 2010-01-07 |
| LATHEN, Deborah Ann | Director | 2007-02-01 | 2010-01-31 |
| LIVINGSTON, Ian Paul, Lord | Director | 2002-04-08 | 2013-09-10 |
| NAIR, Leena Kumar | Director | 2019-07-10 | 2022-07-14 |
| NELSON, John Frederick | Director | 2002-01-14 | 2008-01-13 |
| PATTERSON, Gavin Echlin | Director | 2008-06-01 | 2019-01-31 |
| RAKE, Michael Derek Vaughan, Sir | Director | 2007-09-26 | 2017-10-31 |
| REYNOLDS, Paul Joseph | Director | 2001-11-19 | 2007-09-14 |
| RICHARDSON, Karen Ann | Director | 2011-11-01 | 2018-07-11 |
| ROSE, Nicholas Charles | Director | 2011-01-01 | 2020-07-16 |
| SCOTT, Alan George, Mr. | Director | 2001-03-30 | 2001-09-10 |
| SILVERWOOD, Kathryn | Director | 2001-09-07 | 2001-09-10 |
| SYMON, Carl George | Director | 2002-01-14 | 2012-01-13 |
| VAN DEN BERGH, Maarten Albert | Director | 2001-11-19 | 2009-07-15 |
| VERWAAYEN, Bernardus Johannes Maria | Director | 2002-01-14 | 2008-06-30 |
| WESTON, Philip John | Director | 2001-11-19 | 2002-01-14 |
| WHITBREAD, Jasmine Mary | Director | 2011-01-19 | 2019-12-06 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 1597 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-08-03 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-03 | RESOLUTIONS | resolution | Resolution | |
| 2026-07-30 | AA | accounts | Accounts with accounts type group | |
| 2026-07-25 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-06 | SH04 | capital | Capital sale or transfer treasury shares with date currency capital figure | |
| 2026-02-06 | SH04 | capital | Capital sale or transfer treasury shares with date currency capital figure | |
| 2026-02-04 | CH01 | officers | Change person director company with change date | |
| 2026-01-28 | SH04 | capital | Capital sale or transfer treasury shares with date currency capital figure | |
| 2026-01-20 | SH04 | capital | Capital sale or transfer treasury shares with date currency capital figure | |
| 2025-11-07 | SH04 | capital | Capital sale or transfer treasury shares with date currency capital figure | |
| 2025-11-07 | SH04 | capital | Capital sale or transfer treasury shares with date currency capital figure | |
| 2025-10-13 | SH04 | capital | Capital sale or transfer treasury shares with date currency capital figure | |
| 2025-10-07 | SH04 | capital | Capital sale or transfer treasury shares with date currency capital figure | |
| 2025-10-07 | SH04 | capital | Capital sale or transfer treasury shares with date currency capital figure | |
| 2025-10-01 | CH01 | officers | Change person director company with change date | |
| 2025-09-18 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-18 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-12 | SH04 | capital | Capital sale or transfer treasury shares with date currency capital figure | |
| 2025-09-03 | SH04 | capital | Capital sale or transfer treasury shares with date currency capital figure | |
| 2025-08-26 | SH04 | capital | Capital sale or transfer treasury shares with date currency capital figure |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 15
- Capital events
- 12
- 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.