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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2027-01-24 (in 8mo)

Last made up 2026-01-10

Watchouts

None on the register

Cash

£6M

EUR 7,356,000

-97.9% vs 2023

Net assets

£6B

EUR 7,171,575,000

-18.7% vs 2023

Employees

0

Average over period

Profit before tax

£480M

EUR 551,577,000

+310.8% vs 2023

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover
Operating profit -£301,541,873-£1,137,331,072
Profit before tax -£227,541,525£479,673,885
Net profit -£229,422,558£476,337,073
Cash £307,446,734£6,397,078
Total assets less current liabilities £7,673,567,267£6,236,694,495
Net assets £7,673,567,267£6,236,694,495
Equity £7,673,567,267£6,236,694,495
Average employees 00
Wages
Directors' remuneration

Figures converted to GBP from EUR at 0.870 per EUR (Frankfurter spot rate) — hover any figure for the original. indicates the figure wasn't present under that line item in that period. About these numbers

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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 2023-12-312024-12-31
Return on capital employed -3.9%-18.2%
Gearing (liabilities / total assets) 0.0%0.0%
Current ratio 149.45x16.09x
Interest cover -3704.87x

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 2 times since incorporation

  1. O2 (EUROPE) LIMITED 2004-12-10 → present
  2. O2 HOLDINGS LIMITED 2001-12-03 → 2004-12-10
  3. BT WIRELESS INTERKOM HOLDINGS LIMITED 2001-07-05 → 2001-12-03

Audit & accounting basis

Accounting basis
UK-adopted International Accounting Standards
Reporting scope
Standalone (parent only)
Auditor
PricewaterhouseCoopers LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for at least 12 months from the date of these financial statements and thus the directors have adopted the going concern basis of accounting in preparing the annual financial statements.”

Group structure

  1. O2 (EUROPE) LIMITED · parent
    1. Telefonica O2 (UK) Limited 100% · United Kingdom · Dormant
    2. The Link Stores Limited 100% · United Kingdom · Dormant
    3. O2 Willow Limited 100% · United Kingdom · Active non-trading
    4. O2 Pine Limited 100% · United Kingdom · Active non-trading
    5. Telefonica UK Holdings Limited 100% · United Kingdom · Active non-trading
    6. Telefonica Germany Holdings Limited 100% · United Kingdom · Intermediate holding company
    7. Telefonica Deutschland Holding AG 69.22% · Germany · Holding company

Significant events

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

People

3 active · 21 resigned

Name Role Appointed Born Nationality
PRISM COSEC LIMITED Corporate Secretary 2021-08-31
DE ALBUQUERQUE, Thomas Peter Director 2021-06-17 Jun 1980 British
JIMENEZ LARRAZ, Manuel Director 2026-04-30 Apr 1978 Spanish
Show 21 resigned officers
Name Role Appointed Resigned
NEWGATE STREET SECRETARIES LIMITED Corporate Secretary 2001-07-05 2001-11-19
O2 NOMINEES LIMITED Corporate Secretary 2001-11-19 2009-11-10
O2 SECRETARIES LIMITED Corporate Secretary 2009-11-10 2021-06-17
BORTHWICK, David Director 2001-07-06 2003-07-31
CAMPBELL, Justine Director 2007-11-22 2008-12-29
FLETCHER SMITH, Christopher Director 2002-01-28 2006-06-29
HARDMAN, Mark David Director 2015-10-01 2021-06-17
HARWOOD, Robert John Director 2001-07-05 2020-03-27
JARVIS, Katherine Ann Director 2008-12-31 2011-11-17
LOPEZ ALVAREZ, Maria Pilar Director 2011-11-17 2014-07-09
LOPEZ ALVAREZ, Maria Pilar Director 2007-11-22 2011-07-31
MARTI CIRUELOS, Antonio Director 2011-09-06 2011-11-17
MARTINEZ MASIDE, Guillermo Director 2021-06-17 2026-04-30
MCBREEN, Robert Anthony Director 2014-12-01 2015-09-30
MEDINA MALO, Enrique Director 2011-11-17 2021-06-17
MELCON SANCHEZ-FRIERA, David Director 2007-08-31 2012-10-31
PEREZ DE URIGUEN MUINELO, Francisco Jesus Director 2012-08-23 2014-12-01
RICHES, Jonathan Henry Director 2006-06-29 2007-08-31
SILVERWOOD, Kathryn Director 2001-07-05 2001-11-19
SMITH, Edward Augustus Director 2020-03-27 2021-06-17
SMITH, Edward Augustus Director 2011-11-17 2012-08-31

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Telefonica S A Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 212 total filings

Date Type Category Description
2026-05-05 AP01 officers Appoint person director company with name date PDF
2026-05-01 TM01 officers Termination director company with name termination date PDF
2026-01-17 CH01 officers Change person director company with change date PDF
2026-01-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-01-06 CH01 officers Change person director company with change date PDF
2026-01-05 CH01 officers Change person director company with change date PDF
2025-07-21 AA accounts Accounts with accounts type full
2025-01-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-18 AA accounts Accounts with accounts type full
2024-06-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-06-10 RP04CS01 confirmation-statement Second filing of confirmation statement with made up date PDF
2023-09-28 AA accounts Accounts with accounts type full
2023-06-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-01-04 CH01 officers Change person director company with change date PDF
2022-09-22 AA accounts Accounts with accounts type full
2022-06-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-02-14 CH01 officers Change person director company with change date PDF
2022-02-14 CH01 officers Change person director company with change date PDF
2022-01-06 CH01 officers Change person director company with change date PDF
2021-09-15 AP04 officers Appoint corporate secretary company with name date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
7

last 12 months

Capital events
0

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.

Official Companies House page