COUNTY BROADBAND HOLDINGS 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. 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

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Affinia (Colchester)

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared a detailed business plan and rolling cash flow forecasts, the company has access to a facility with Aviva Investors Infrastructure Income No.6 Limited of up to £144m. Written confirmation has been provided to confirm that support is available to the company for at least 12 months from the date of signing the financial statements. On this basis the directors have concluded that the company will be able to meet its liabilities as they fall due for the foreseeable future and hence its is appropriate to continue to adopt the going concern basis in the preparation of these financial statements.”

Group structure

1. COUNTY BROADBAND HOLDINGS LIMITED · parent
   1. County Broadband Limited 100% · UK · Provision of wireless communication services

Significant events

• “Management has decided to pause its build programme of its Network until further funding is secured. As a result, management has assessed that this constitutes a potential indicator of impairment for County Broadbands fibre network.”
• “Management decided that unused build materials recognised as fixed assets that were not used and wasted build costs where parts of the networks would become dead ends as a result of the decision to stop building, would have to be impaired. An impairment charge of £5,602,768 (2023: nil) was made.”

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

Filings

8

last 12 months

Capital events

2

last 24 months

Officers appointed

0

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.