OPEN FIBRE NETWORKS LIMITED

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

  +18.9%

  £20,106,888 → £23,900,367

• Cash

  —

  Not reported

• Net assets

  —

  Not reported

• Employees

  —

  Not reported

• Operating profit

  -129.9%

  -£3,150,796 → -£7,243,523

• Profit before tax

  -66.2%

  -£9,049,943 → -£15,042,550

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. OPEN FIBRE NETWORKS LIMITED 2018-07-31 → present
2. INDEPENDENT NEXT GENERATION NETWORKS LIMITED 2008-04-16 → 2018-07-31
3. INEXUS NO. 1 LIMITED 2006-11-01 → 2008-04-16
4. INEXUS (LICENCE) LIMITED 2005-04-08 → 2006-11-01
5. QUADRANT LICENSE LIMITED 2005-04-04 → 2005-04-08

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making enquiries, the Directors have a reasonable expectation that the Company has adequate resources to continue to adopt the going concern basis in preparing the annual report and financial statements. The directors have received assurances that the company will have access to the BUUK Group's financial resources for a period of at least one year from the date of signing of the”

Significant events

• “The UK government introduced the Energy Act 2023, naming OFGEM the future regulator for heat networks across England, Scotland and Wales, as part of the plan to expand Great Britain's network of low carbon heating to promote the transition to net-zero emissions.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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.