TROOLI LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-22 (this month)
Last made up 2025-05-08
Watchouts
None on the register
Cash
£6M
+47.8% highest in 6 filed years
Net assets
£25M
+57.3% highest in 6 filed years
Employees
220
-9.8% vs 2023
Profit before tax
-£717K
+92.3% highest in 6 filed years
Net assets
8-year trend · vs Telecommunications median
Accounts
8-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-02-29 | 2020-03-01 | 2021-02-28 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | £1,704,312 | — | £2,990,712 | £3,112,096 | — | £5,949,234 | £7,404,918 | £9,282,216 | |
| Operating profit | -£1,182,573 | — | -£1,456,374 | -£5,007,004 | — | -£7,181,248 | -£11,965,919 | -£10,925,433 | |
| Profit before tax | -£2,037,598 | — | -£3,574,626 | -£8,983,030 | — | -£15,807,512 | -£9,343,346 | -£717,453 | |
| Net profit | -£1,908,003 | — | -£3,574,626 | -£8,983,030 | — | -£15,344,032 | -£9,109,309 | -£717,453 | |
| Cash | £2,438,749 | — | £4,007,284 | £2,827,758 | — | £1,279,034 | £4,240,365 | £6,266,165 | |
| Total assets less current liabilities | £5,291,484 | — | £17,415,512 | £35,629,356 | — | -£30,170,903 | £94,206,388 | £148,451,063 | |
| Net assets | -£1,994,553 | — | -£5,569,179 | -£14,552,209 | — | -£30,170,903 | £16,198,888 | £25,481,435 | |
| Equity | -£1,994,553 | -£1,994,553 | -£5,569,179 | -£14,552,209 | -£14,826,871 | -£30,170,903 | £16,198,888 | £25,481,435 | |
| Average employees | 45 | — | 102 | 167 | — | 236 | 244 | 220 | |
| Wages | £788,652 | — | £1,164,232 | £1,403,196 | — | £2,254,969 | £5,199,487 | £4,527,436 | |
| Directors' remuneration | £288,000 | — | £289,792 | £266,667 | — | £339,077 | £688,800 | £50,000 |
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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+25.4%
£7,404,918 £9,282,216
highest in 6 filed years
-
Cash
+47.8%
£4,240,365 £6,266,165
highest in 6 filed years
-
Net assets
+57.3%
£16,198,888 £25,481,435
highest in 6 filed years
-
Employees
-9.8%
244 220
-
Operating profit
+8.7%
-£11,965,919 -£10,925,433
-
Profit before tax
+92.3%
-£9,343,346 -£717,453
highest in 6 filed years
-
Wages
-12.9%
£5,199,487 £4,527,436
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 | 2020-02-29 | 2020-03-01 | 2021-02-28 | 2021-12-31 | 2022-01-01 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Operating margin | -69.4% | — | -48.7% | -160.9% | — | -120.7% | -161.6% | -117.7% | |
| Net margin | -112.0% | — | -119.5% | — | — | — | -123.0% | -7.7% | |
| Return on capital employed | -22.3% | — | -8.4% | -14.1% | — | 23.8% | -12.7% | -7.4% | |
| Current ratio | — | — | — | — | — | — | 1.32x | 5.61x | |
| Interest cover | -1.35x | — | -0.68x | -1.26x | — | -0.83x | -1.64x | -1.33x |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- TROOLI LTD 2020-11-10 → present
- CALL FLOW SOLUTIONS LIMITED 2002-02-05 → 2020-11-10
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Barnes Roffe Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company has made operating losses for the year of £10,925,433 (2024: £11,965,919). These results are as anticipated by the company's business plan. The company has the support of its investors and fellow group companies. During the year the company received further funding from its investors to support operations. The investors have significant growth ambitions for the company which will generate opportunities for the company in the short and medium term. In view of the support provided by the company's investors, in the opinion of the directors, the company remains a going concern.”
Significant events
- “Prior to 2024, Trooli was a vertically integrated FTTP network and Internet Service Provider (ISP) within one legal entity. To better access the wholesale market and enable third party ISPs to trade with Trooli, the Trooli separated into two distinct entities under common ownership - (i) Trooli Limited as the owner and operator of the FTTP network; and (ii) Hermod Retail Limited as the retail ISP with arm's length agreements in place between them.”
- “During the year, Trooli signed a wholesale agreement with Zen Internet Limited and begun to trade commercially post year end.”
- “On 1 July 2024 Trooli Ltd sold the retail division to Hermod Retail Limited, a fellow subsidiary company. The retail division was sold for £25,000,000.”
- “After the year end Barnes Roffe LLP resigned as auditors due to the transfer of its audit business and its successor Barnes Roffe Audit Limited was appointed by the directors under s485 Companies Act 2006.”
- “On 1 July 2024 48 employees were transferred to Hermod Retail Limited as a result of the separation of the retail division.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BUISSON, Maxime | Director | 2023-04-03 | Apr 1985 | French |
| HALL, Alan | Director | 2024-04-01 | Oct 1965 | British |
| NAMMAR, Elie | Director | 2023-04-03 | Nov 1985 | French |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ATKINS, Julie Margaret | Secretary | 2008-02-29 | 2014-02-28 |
| FISSENDEN, Joanna Louise | Secretary | 2014-03-01 | 2023-07-18 |
| ROSS, Stephen John | Secretary | 2003-06-01 | 2008-02-29 |
| ROSS, Stephen John | Secretary | 2002-02-05 | 2002-09-25 |
| ATKINS, Ashley Albert | Director | 2019-01-29 | 2023-04-03 |
| CHAMPION, John Rainer | Director | 2002-02-05 | 2002-02-05 |
| CONIBERE, Andrew Martin | Director | 2002-02-05 | 2023-04-03 |
| DUGGINS, David Kenneth | Director | 2023-01-26 | 2023-04-03 |
| ROSS, Stephen John | Director | 2003-06-01 | 2008-02-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Agnar Uk Infrastructure Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-04-03 | Active |
| Trooli Debtco Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-08-16 | Ceased 2023-04-03 |
| Trooli Midco Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-08-16 | Ceased 2021-08-16 |
| Trooli Topco Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-08-16 | Ceased 2021-08-16 |
| Mr Andrew Conibere | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2017-02-05 | Ceased 2021-08-16 |
Filing timeline
Last 20 of 139 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-07-30 RESOLUTIONS Resolution
- 2024-05-13 RESOLUTIONS Resolution
- 2023-10-31 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-07-24 | AA | accounts | Accounts with accounts type full | |
| 2025-05-08 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-07-30 | RESOLUTIONS | resolution | Resolution | |
| 2024-07-26 | AA | accounts | Accounts with accounts type full | |
| 2024-07-25 | SH01 | capital | Capital allotment shares | |
| 2024-06-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-05-13 | RESOLUTIONS | resolution | Resolution | |
| 2024-05-08 | SH01 | capital | Capital allotment shares | |
| 2024-04-01 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-31 | RESOLUTIONS | resolution | Resolution | |
| 2023-10-24 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-10-23 | SH01 | capital | Capital allotment shares | |
| 2023-07-19 | AA | accounts | Accounts with accounts type full | |
| 2023-06-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-05-25 | SH01 | capital | Capital allotment shares | |
| 2023-04-06 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2023-04-06 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2023-04-04 | AP01 | officers | Appoint person director company with name date | |
| 2023-04-04 | AP01 | officers | Appoint person director company with name date | |
| 2023-04-04 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 2
- 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.