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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2025-03-31

Confirmation statement due

2027-04-26 (in 11mo)

Last made up 2026-04-12

Watchouts

None on the register

Cash

£3B

+11.2% vs 2024

Net assets

£13B

+3.1% vs 2024

Employees

91,500

+2.8% vs 2024

Profit before tax

£2B

+54.7% vs 2024

Accounts

2-year trend · latest reflected 2025-03-31

Metric Trend 2024-03-312025-03-31
Turnover £20,835,000,000£20,370,000,000
Operating profit £2,214,000,000£2,492,000,000
Profit before tax £1,186,000,000£1,835,000,000
Net profit £855,000,000£1,054,000,000
Cash £2,366,000,000£2,631,000,000
Total assets less current liabilities £22,339,000,000£22,814,000,000
Net assets £12,518,000,000£12,908,000,000
Equity £12,518,000,000£12,908,000,000
Average employees 89,00091,500
Wages £4,197,000,000£3,969,000,000
Directors' remuneration £2,569,000£3,540,000

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

Year-on-year

FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2024-03-312025-03-31
Operating margin 10.6%12.2%
Net margin 4.1%5.2%
Return on capital employed 9.9%10.9%
Gearing (liabilities / total assets) 75.8%74.6%
Current ratio 0.30x0.23x
Interest cover 1.70x2.26x

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

  1. BT GROUP PLC 2001-09-11 → present
  2. NEWGATE TELECOMMUNICATIONS LIMITED 2001-03-30 → 2001-09-11

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Consolidated group
Auditor
KPMG LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have prepared the financial statements on the going concern basis... We do not believe that any material uncertainties related to events or conditions that may cast significant doubt on the Group's or Parent Company's ability to continue as a going concern need to be approved at the date of approval of the financial statements.”

Group structure

  1. BT GROUP PLC · parent
    1. Openreach Limited 100% · UK · local access network, broadband infrastructure
    2. EE Limited 100% · UK · mobile network
    3. BT Global Services plc 100% · United Kingdom · Global services
    4. Plusnet 100% · UK · broadband and mobile products

Significant events

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

No persons with significant control on record.

Filing timeline

Last 20 of 1594 total filings

Date Type Category Description
2026-04-24 CS01 confirmation-statement Confirmation statement with no updates PDF
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 PDF
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 PDF
2025-09-18 AP01 officers Appoint person director company with name date PDF
2025-09-18 AP01 officers Appoint person director company with name date PDF
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
2025-08-18 SH04 capital Capital sale or transfer treasury shares with date currency capital figure
2025-08-13 SH04 capital Capital sale or transfer treasury shares with date currency capital figure
2025-08-13 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
20

last 12 months

Capital events
15

last 24 months

Officers appointed
2

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.

Official Companies House page