SIFI NETWORKS AMERICA LIMITED
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Next accounts due
2025-09-30
Overdue
Confirmation statement due
2026-06-18 (in 1mo)
Last made up 2025-06-04
Watchouts
Cash
£1M
USD 1,443,312
-74% vs 2022
Net assets
£5M
USD 6,887,339
-63.5% first positive since 2019
Employees
63
+43.2% highest in 4 filed years
Profit before tax
-£9M
USD -11,990,542
-177.9% vs 2022
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Annual accounts overdue
Due 2025-09-30.
-
9 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
5-year trend · vs Telecommunications median
Accounts
5-year trend · latest reflected 2023-12-31
| Metric | Trend | 2017-07-01 | 2018-06-30 | 2019-06-30 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £7,657,715 | £12,837,990 | |
| Operating profit | — | — | — | -£4,732,117 | -£8,989,444 | |
| Profit before tax | — | — | — | -£3,225,342 | -£8,963,551 | |
| Net profit | — | -£1,313,371 | £630,582 | -£3,225,342 | -£8,963,551 | |
| Cash | — | £2,937 | £75,389 | £4,150,988 | £1,078,950 | |
| Total assets less current liabilities | — | -£3,856,749 | -£3,226,167 | £14,112,193 | £5,148,642 | |
| Net assets | — | -£3,856,749 | -£3,226,167 | £14,112,193 | £5,148,642 | |
| Equity | -£2,612,654 | -£3,856,749 | -£3,226,167 | £14,112,193 | £5,148,642 | |
| Average employees | — | 4 | 3 | 44 | 63 | |
| Wages | — | — | — | — | — | |
| Directors' remuneration | — | — | — | — | — |
Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2022 → FY2023 · period ending 2023-12-31 vs 2022-12-31
-
Turnover
+67.6%
£7,657,715 £12,837,990
-
Cash
-74%
£4,150,988 £1,078,950
-
Net assets
-63.5%
£14,112,193 £5,148,642
first positive since 2019
-
Employees
+43.2%
44 63
highest in 4 filed years
-
Operating profit
-90%
-£4,732,117 -£8,989,444
-
Profit before tax
-177.9%
-£3,225,342 -£8,963,551
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2017-07-01 | 2018-06-30 | 2019-06-30 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | -61.8% | -70.0% | |
| Net margin | — | — | — | -42.1% | -69.8% | |
| Return on capital employed | — | — | — | -33.5% | -174.6% | |
| Gearing (liabilities / total assets) | — | — | — | 10.3% | 57.5% | |
| Current ratio | — | — | — | 9.54x | 1.67x | |
| Interest cover | — | — | — | -3.14x | -145.86x |
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
- SIFI NETWORKS AMERICA LIMITED 2015-03-28 → present
- SEWER INFRASTRUCTURE FIBRE INSTALLATION LIMITED 2013-06-18 → 2015-03-28
- SU-FI GLOBAL LIMITED 2013-06-05 → 2013-06-18
Audit & accounting basis
- Accounting basis
- FRS 102 §1A
- Reporting scope
- Consolidated group
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- MA Partners Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Group therefore continues to adopt the going concern basis in preparing its financial statements.”
Group structure
- SIFI NETWORKS AMERICA LIMITED · parent
- SCIF SiFi Antioch LLC 100%
- SCIF SiFi Chula Vista LLC 100%
- SCIF SiFi Concord LLC 100%
- SCIF SiFi Folsom LLC 100%
- SCIF SiFi Pittsburg LLC 100%
- SCIF SiFi Ventura LLC 100%
- SiFi Networks Akron LLC 100%
- SiFi Networks Albuquerque LLC 100%
- SiFi Networks Altamonte Springs LLC 100%
- SiFi Networks America, LLC 100%
- SiFi Networks Antioch LLC 100%
- SiFi Networks Arlington LLC 100%
- SiFi Networks Bakersfield LLC 100%
- SiFi Networks Bowling Green LLC 100%
- SiFi Networks Buena Park LLC 100%
- SiFi Networks California LLC 100%
- SiFi Networks Cathedral City LLC 100%
- SiFi Networks Chandler LLC 100%
- SiFi Networks Chula Vista LLC 100%
- SiFi Networks Cleveland LLC 100%
- SiFi Networks Concord LLC 100%
- SiFi Networks Corona LLC 100%
- SiFi Networks Dalworthington Gardens LLC 100%
- SiFi Networks Decatur LLC 100%
- SiFi Networks Downey LLC 100%
- SiFi Networks Farmington Hills LLC 100%
- SiFi Networks Folsom LLC 100%
- SiFi Networks Fort Myers LLC 100%
- SiFi Networks Fort Worth LLC 100%
- SiFi Networks Fountain Valley LLC 100%
- SiFi Networks Gilbert LLC 100%
- SiFi Networks Haverhill LLC 100%
- SiFi Networks Illinois LLC 100%
- SiFi Networks Kern County LLC 100%
- SiFi Networks Lake Forest LLC 100%
- SiFi Networks Lancaster LLC 100%
- SiFi Networks Livermore LLC 100%
- SiFi Networks Lynwood LLC 100%
- SiFi Networks Margate LLC 100%
- SiFi Networks Marysville LLC 100%
- SiFi Networks McKinney LLC 100%
- SiFi Networks Mesa LLC 100%
- SiFi Networks Michigan LLC 100%
- SiFi Networks Mission Viejo LLC 100%
- SiFi Networks New York City LLC 100%
- SiFi Networks Odessa LLC 100%
- SiFi Networks Orange LLC 100%
- SiFi Networks Pacific Grove, LLC 100%
- SiFi Networks Pico Rivera LLC 100%
- SiFi Networks Pittsburg LLC 100%
- SiFi Networks Plantation LLC 100%
- SiFi Networks Pompano Beach LLC 100%
- SiFi Networks Riverside LLC 100%
- SiFi Networks Rosemead LLC 100%
- SiFi Networks Sugar Land LLC 100%
- SiFi Networks Ventura LLC 100%
- SiFi Networks West Hollywood LLC 100%
- SiFi Networks Wisconsin LLC 100%
- SiFi Networks Yuba City LLC 100%
- SiFi Networks Yuba County LLC 100%
- SiFi SoCal1 LLC 100%
- SiFi Antioch Inc. 100%
- SiFi CA 1, Inc. 100%
- SiFi Chula Vista, Inc. 100%
- SiFi Concord Inc. 100%
- SiFi East Hartford Inc. 100%
- SiFi Folsom Inc. 100%
- SiFi Kenosha Inc. 100%
- SiFi MA 1, Inc. 100%
- SiFi Pittsburg, Inc. 100%
- SiFi Placentia, Inc. 100%
- SiFi Rancho Cordova, Inc. 100%
- SiFi Saratoga Springs Inc. 100%
- SiFi Simi Valley, Inc. 100%
- SiFi Ventura Inc. 100%
Significant events
- “We commenced the construction of projects under our Future Fiber Networks JV with APG during 2023, starting new builds in Rockford, Palmdale, Oceanside and Farmington as well as closing funding for Escondido at the end of the year.”
- “During the year we and SCIF did make the difficult decision not to proceed with our Salem project as it proved impossible to agree terms with the city that gave us sufficient confidence to proceed with additional investment in the project.”
- “During 2023 we secured a $350m debt facility from 6 international banks for our Future Fiber Networks JV. This was our first debt raise and one of the very first in the US fiber sector.”
- “During 2023 we reached agreement with our project investors for SiFi to take over the project management of all projects.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ATROFIMOVICH, Pavel | Director | 2025-12-01 | Dec 1990 | Russian |
| WADE, Ian Michael | Director | 2025-07-01 | Aug 1973 | British |
| WILLIAMS, Gareth John | Director | 2025-07-01 | Mar 1966 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COURTENAY-EVANS, James | Secretary | 2025-01-01 | 2025-12-01 |
| BAWTREE-JOBSON, Benjamin | Director | 2013-12-01 | 2026-01-29 |
| COURTENAY-EVANS, James | Director | 2021-08-27 | 2025-12-01 |
| HARRIS, Michael Keith | Director | 2019-08-22 | 2026-01-29 |
| HARRIS-JAMES, Kevin Martin | Director | 2026-01-29 | 2026-04-17 |
| PICKSTOCK, John Roland | Director | 2013-06-05 | 2026-01-29 |
| SAENEN, Bart | Director | 2021-09-07 | 2025-07-01 |
| SMITH, Phoebe Madeleine | Director | 2022-06-14 | 2023-05-09 |
| UNDERWOOD, Simon Antony | Director | 2026-01-29 | 2026-04-17 |
| WILLAME, Jean-Francois Claude | Director | 2023-05-09 | 2025-07-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Arclink Fiber (Us) Limited | Corporate entity | Shares 50–75%, Voting 50–75%, Appoints directors | 2026-04-17 | Active |
| Oaf America Ltd | Corporate entity | Shares 50–75% | 2024-10-15 | Ceased 2026-04-17 |
| Si-Fi Global Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2026-04-17 |
Filing timeline
Last 20 of 91 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-29 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-04-29 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-04-29 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-04-24 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-04-21 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-04-21 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-21 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-21 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-04-21 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-04-21 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-02-20 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-20 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-16 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-16 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-16 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-30 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-30 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-01-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-06 | DISS40 | gazette | Gazette filings brought up to date | |
| 2025-12-02 | GAZ1 | gazette | Gazette notice compulsory |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 9
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.