CORNERSTONE TELECOMMUNICATIONS INFRASTRUCTURE LIMITED

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

  +11.4%

  £434,704,000 → £484,052,000

• Cash

  -70.3%

  £102,544,000 → £30,503,000

• Net assets

  -41.1%

  £430,191,000 → £253,509,000

• Employees

  +16.9%

  278 → 325

• Operating profit

  +17.7%

  £117,428,000 → £138,212,000

• Profit before tax

  +53.5%

  £42,012,000 → £64,496,000

• Wages

  +16.5%

  £23,478,000 → £27,349,000

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.

Accounting basis

UK-adopted international accounting standards

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on this assessment and performing scenario planning, the directors continue to consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “In March 2021, Vodafone subsequently transferred its 50% shareholding in the Company to Central Tower Holding Company BV a subsidiary of Vantage Towers AG (Vantage).”
• “In March 2023, O2 Cedar Limited transferred its shareholding in the Company to O2 Networks Limited as part of Virgin Media O2's internal restructuring.”
• “In November 2023, Virgin Media O2 (through O2 Holdings Limited) disposed of 16.66% minority stake of the Company to GLIL Infrastructure LLP ("GLIL") (through Granada Bidco Limited).”
• “In November 2024, Virgin Media O2 sold an additional 16.66% in Granstone.”
• “In October 2024, the directors declared an interim dividend of £120m (2024: £nil) that was paid in October 2024.”
• “In March 2025, the directors declared a further dividend of £110m (2024: £nil) which was paid in March 2025.”
• “In April 2025, the Company refinanced its revolving credit facility replacing it with a term loan of £525m and revolving credit facilities totalling £260m.”
• “In June 2025, the Company declared a cash dividend of £112m which was fully paid in July 2025.”

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

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

4

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.