OPEN FIBRE NETWORKS (WHOLESALE) LIMITED
Get an alert when OPEN FIBRE NETWORKS (WHOLESALE) LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£74K
-22.3% vs 2023
Net assets
£16M
+37.1% vs 2023
Employees
0
Average over period
Profit before tax
£5.6M
+21.2% vs 2023
Net assets
2-year trend · vs Telecommunications median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £27,216,688 | £31,323,001 | +15.1% | |
| Operating profit | £4,138,987 | £4,837,264 | +16.9% | |
| Profit before tax | £4,654,797 | £5,640,615 | +21.2% | |
| Net profit | £3,561,109 | £4,230,461 | +18.8% | |
| Cash | £95,206 | £73,978 | -22.3% | |
| Total assets less current liabilities | £11,426,255 | £15,658,159 | +37% | |
| Net assets | £11,411,019 | £15,641,480 | +37.1% | |
| Equity | £11,411,019 | £15,641,480 | +37.1% | |
| Average employees | 0 | 0 | — | |
| Wages | — | — | — | |
| Directors' remuneration | £0 | £0 | — |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 15.2% | 15.4% | |
| Net margin | 13.1% | 13.5% | |
| Return on capital employed | 36.2% | 30.9% | |
| Current ratio | 4.93x | 6.40x |
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
- OPEN FIBRE NETWORKS (WHOLESALE) LIMITED 2018-07-31 → present
- INDEPENDENT FIBRE NETWORKS LIMITED 2007-08-13 → 2018-07-31
- INDEPENDENT TELECOM NETWORKS LIMITED 2006-08-18 → 2007-08-13
Audit & accounting basis
- 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 financial statements and that companies in the BUUK Group will not demand repayment of any inter-company debt where the company does not have the financial resources to effect such payment.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MUMFORD, Christopher Paul | Secretary | 2006-08-25 | — | British |
| BRETT, Richard Mark | Director | 2023-07-28 | Jun 1985 | British |
| HOCKMAN, Samuel | Director | 2025-03-31 | Sep 1982 | British |
| LINSDELL, Clive Eric | Director | 2013-08-09 | Mar 1962 | British |
| ROISSETTER, Jason John | Director | 2025-07-01 | Aug 1973 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SECRETARIAL APPOINTMENTS LIMITED | Corporate Nominee Secretary | 2006-08-18 | 2006-08-18 |
| CORNEY, Darryl John | Director | 2006-09-22 | 2023-07-28 |
| GIBB, Philip | Director | 2007-12-19 | 2012-10-19 |
| HINDLE, Nicola Ruth | Director | 2021-04-14 | 2023-12-20 |
| MUMFORD, Christopher Paul | Director | 2006-08-25 | 2006-09-22 |
| PEARCE, Michael William | Director | 2006-08-25 | 2013-08-09 |
| ROBINSON, Andrew Peter | Director | 2007-12-19 | 2025-03-31 |
| WARD, Russell Adrian Edmund | Director | 2006-09-22 | 2007-12-19 |
| CORPORATE APPOINTMENTS LIMITED | Corporate Nominee Director | 2006-08-18 | 2006-08-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Inexus Group Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 75 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-08-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-21 | AA | accounts | Accounts with accounts type full | |
| 2025-07-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-31 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-10 | AA | accounts | Accounts with accounts type full | |
| 2024-02-09 | CH01 | officers | Change person director company with change date | |
| 2023-12-20 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-23 | AA | accounts | Accounts with accounts type full | |
| 2023-08-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-28 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-28 | AP01 | officers | Appoint person director company with name date | |
| 2022-08-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-20 | AA | accounts | Accounts with accounts type full | |
| 2021-08-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-14 | AA | accounts | Accounts with accounts type full | |
| 2021-04-14 | AP01 | officers | Appoint person director company with name date | |
| 2020-08-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-08-05 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 1
- 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.