COMMUNITY FIBRE LIMITED
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Cash
£6.9M
-53.6% vs 2023
Net assets
-£60M
-718.6% vs 2023
Employees
737
-20.8% vs 2023
Profit before tax
-£119M
+11.9% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
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 | £41,734,000 | £76,011,000 | +82.1% | |
| Operating profit | -£81,966,000 | -£71,024,000 | +13.3% | |
| Profit before tax | -£134,563,000 | -£118,537,000 | +11.9% | |
| Net profit | -£134,563,000 | -£118,537,000 | +11.9% | |
| Cash | £14,881,000 | £6,898,000 | -53.6% | |
| Total assets less current liabilities | £588,320,000 | £633,225,000 | +7.6% | |
| Net assets | £9,677,000 | -£59,860,000 | -718.6% | |
| Equity | £9,677,000 | -£59,860,000 | -718.6% | |
| Average employees | 930 | 737 | -20.8% | |
| Wages | £23,342,000 | £23,342,000 | 0% | |
| Directors' remuneration | £1,181,000 | £1,308,000 | +10.8% |
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 | -196.4% | -93.4% | |
| Net margin | — | -155.9% | |
| Return on capital employed | -13.9% | -11.2% | |
| Gearing (liabilities / total assets) | 98.5% | 109.0% | |
| Current ratio | 0.70x | 1.12x | |
| Interest cover | -1.71x | -1.12x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements the directors have reasonable expectation that the group has adequate resources to continue in operational existence for at least twelve months. Thus the directors continue to adopt the going concern basis in preparing the financial statements.”
Group structure
- COMMUNITY FIBRE LIMITED · parent
- Oval (2307) Limited 100%
- Wondernet Limited 100%
- Community Fibre Infrastructure Partners Limited 100%
- Community Fibre Holdings Limited 100%
- Box Broadband Limited 85.29%
Significant events
- “In November 2023, the group announced that it would pause the expansion of its network footprint and instead focus its available resources on building customer connections within the existing network.”
- “During 2024, the group benefited from £49m of equity investment from its major shareholders: a number of Warburg Pincus-managed investment funds; Digital Transformation Capital Partners; NDIF Investments Limited; and Railways Pension Trustee Company Limited.”
- “In May and October 2024, the group successfully secured a £125m Accordion facility to supplement the existing £685m senior debt facility arranged on 22 December 2022.”
- “Under its RCF the group drew £2.5m on 31 January 2025, a further £1.5m on 28 February 2025 and a further £8m on 24 March 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 21 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BUTTINGER, Maximilian | Director | 2023-01-25 | Mar 1993 | Austrian |
| FOWINKEL, Max | Director | 2020-08-18 | Mar 1980 | German |
| HARRIMAN, Martin | Director | 2019-07-15 | Mar 1962 | British |
| MAUR, Josef Anselm Benedikt Wilhelm | Director | 2025-04-25 | Feb 1992 | German |
| MILLER, Neil Eldridge | Director | 2024-07-31 | Jun 1967 | British |
| OXBY, Graeme Ashley | Director | 2019-08-28 | Nov 1962 | British |
| SWANTEE, Olaf Klaus Meijer | Director | 2020-08-18 | Jan 1966 | Swiss |
| TERRY, Benjamin James | Director | 2023-05-22 | May 1976 | British |
Show 21 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| APPS, Jonathan Michael Charles | Director | 2020-02-26 | 2022-08-31 |
| BOSCH, Vicente Vento | Director | 2020-08-18 | 2025-04-25 |
| CHELOT, Jeremy | Director | 2015-12-16 | 2019-03-26 |
| DICK, Callum Andrew John | Director | 2010-10-20 | 2020-08-18 |
| GERSCHEFSKI, Jan-Ole | Director | 2020-08-18 | 2023-01-25 |
| HOGG, Christopher Charles | Director | 2020-01-22 | 2023-05-22 |
| HOWLING, Ilse Robin Charis | Director | 2018-06-13 | 2018-09-10 |
| HOWLING, Ilse Robin Charis | Director | 2017-07-01 | 2018-06-13 |
| HUSTER, Sven Lars | Director | 2015-12-16 | 2017-06-29 |
| MARTIN, Peter John | Director | 2018-06-15 | 2019-10-17 |
| MARTIN, Peter John | Director | 2016-01-01 | 2018-06-15 |
| MCFADYEN, Kenneth William | Director | 2017-07-01 | 2020-08-18 |
| MOONEY, Anthony James | Director | 2020-01-01 | 2020-08-18 |
| NAQIB, Khalid Isam | Director | 2018-04-20 | 2020-01-22 |
| O'CONNOR, David | Director | 2014-12-18 | 2017-06-29 |
| SELLERS, Chris | Director | 2018-09-10 | 2019-12-31 |
| SMITH, Geoff | Director | 2014-12-18 | 2015-12-16 |
| SPARROW, Douglas William | Director | 2010-10-20 | 2015-10-07 |
| STRANACK, Timothy John | Director | 2015-12-16 | 2017-06-29 |
| SURREY, Michael Francis Patrick | Director | 2017-11-06 | 2018-08-31 |
| WHITE, Peter Ashby | Director | 2022-08-31 | 2024-07-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Jeffrey David Perlman | Individual | Significant influence | 2024-10-04 | Active |
| Charles Robert Kaye | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-08-18 | Ceased 2024-10-04 |
| Railways Pension Trustee Company Limited | Corporate entity | Voting 25–50% | 2019-01-22 | Ceased 2020-08-18 |
| Ndif Investments Limited | Corporate entity | Voting 25–50% | 2018-04-23 | Ceased 2020-08-18 |
| Railway Pension Investments Limited | Corporate entity | Voting 25–50% | 2017-06-29 | Ceased 2019-01-22 |
| Mr Peter John Martin | Individual | Shares 75–100% | 2017-01-25 | Ceased 2020-08-18 |
Filing timeline
Last 20 of 222 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-06-16 RESOLUTIONS Resolution
- 2025-01-06 RESOLUTIONS Resolution
- 2024-07-29 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-28 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-03-13 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-01-26 | SH01 | capital | Capital allotment shares | |
| 2025-10-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-09-03 | CH01 | officers | Change person director company with change date | |
| 2025-09-02 | CH01 | officers | Change person director company with change date | |
| 2025-08-27 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-06-16 | RESOLUTIONS | resolution | Resolution | |
| 2025-06-12 | SH01 | capital | Capital allotment shares | |
| 2025-05-20 | AA | accounts | Accounts with accounts type group | |
| 2025-04-30 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-06 | RESOLUTIONS | resolution | Resolution | |
| 2024-12-17 | SH01 | capital | Capital allotment shares | |
| 2024-10-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-16 | AA | accounts | Accounts with accounts type group | |
| 2024-08-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-07-29 | RESOLUTIONS | resolution | Resolution | |
| 2024-07-26 | SH01 | capital | Capital allotment shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 4
- 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.