SI-FI GLOBAL LIMITED
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Next accounts due
2025-09-30
Overdue
Confirmation statement due
2026-06-19 (in 1mo)
Last made up 2025-06-05
Watchouts
Cash
£1M
USD 1,445,183
-74% lowest in 4 filed years
Net assets
£5M
USD 6,298,511
-77.6% vs 2022
Employees
63
+43.2% highest in 4 filed years
Profit before tax
-£9M
USD -11,544,043
-276.9% vs 2022
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Annual accounts overdue
Due 2025-09-30.
Net assets
7-year trend · vs Telecommunications median
Accounts
7-year trend · latest reflected 2023-12-31
| Metric | Trend | 2018-06-30 | 2019-06-30 | 2019-07-01 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £7,657,715 | £12,837,990 | |
| Operating profit | — | — | — | — | — | -£4,040,002 | -£8,518,397 | |
| Profit before tax | — | — | — | — | — | -£2,289,750 | -£8,629,770 | |
| Net profit | — | — | — | -£188,630 | £142,444 | -£2,307,176 | -£8,625,939 | |
| Cash | — | — | — | £2,300,000 | £13,989,825 | £4,159,065 | £1,080,349 | |
| Total assets less current liabilities | £1,000 | £1,000 | — | £12,661,555 | £14,714,953 | £20,978,213 | £4,708,463 | |
| Net assets | £1,000 | £1,000 | — | £1,487,221 | £14,714,953 | £20,978,213 | £4,708,463 | |
| Equity | £1,000 | £1,000 | £1,273 | £2,843,792 | £14,714,953 | £20,978,213 | £4,708,463 | |
| Average employees | — | — | — | 12 | 31 | 44 | 63 | |
| Wages | — | — | — | — | — | £4,010,126 | £5,562,901 | |
| 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%
£4,159,065 £1,080,349
lowest in 4 filed years
-
Net assets
-77.6%
£20,978,213 £4,708,463
-
Employees
+43.2%
44 63
highest in 4 filed years
-
Operating profit
-110.9%
-£4,040,002 -£8,518,397
-
Profit before tax
-276.9%
-£2,289,750 -£8,629,770
-
Wages
+38.7%
£4,010,126 £5,562,901
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 | 2018-06-30 | 2019-06-30 | 2019-07-01 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | -52.8% | -66.4% | |
| Net margin | — | — | — | — | — | -30.1% | -67.2% | |
| Return on capital employed | — | — | — | — | — | -19.3% | -180.9% | |
| Gearing (liabilities / total assets) | — | — | — | — | — | 19.2% | 69.5% | |
| Current ratio | — | — | — | — | — | 5.15x | 1.39x | |
| Interest cover | — | — | — | — | — | -2.75x | -27.61x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- MA Partners Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the Directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- SI-FI GLOBAL LIMITED · parent
- SiFi Networks America Limited 73.3%
- 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 LL 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 2023 we reached agreement with our project investors for SiFi to take over the project management of all projects (we had previously provided some project management functions and outsourced some).”
- “During 2023 we secured a $350m debt facility from 6 international banks for our Future Fiber Networks JV.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HARRIS JAMES, Kevin Martin | Director | 2026-02-12 | Jun 1968 | British |
| UNDERWOOD, Simon Antony | Director | 2026-02-12 | May 1972 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAWTREE JOBSON, Benjamin Luke | Director | 2019-03-12 | 2024-12-01 |
| HARRIS, Michael Keith | Director | 2020-03-05 | 2026-02-12 |
| PICKSTOCK, John Roland | Director | 2013-06-05 | 2026-02-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| North American Securities Ltd | Corporate entity | Shares 25–50% | 2020-05-05 | Active |
| Kunene Holdings Ltd | Corporate entity | Shares 25–50% | 2020-05-05 | Active |
| Sarkate Securities Ltd | Corporate entity | Shares 25–50% | 2016-04-06 | Ceased 2020-05-05 |
| Ubuntu Business Holdings Limited | Corporate entity | Shares 25–50% | 2016-04-06 | Ceased 2020-05-05 |
Filing timeline
Last 20 of 59 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-12-12 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-19 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-17 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-17 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-17 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-03 | DISS40 | gazette | Gazette filings brought up to date | |
| 2025-12-02 | GAZ1 | gazette | Gazette notice compulsory | |
| 2025-06-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-03-07 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-01-07 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-07 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-12-12 | RESOLUTIONS | resolution | Resolution | |
| 2024-10-09 | AA | accounts | Accounts with accounts type group | |
| 2024-06-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-14 | AA | accounts | Accounts with accounts type group | |
| 2023-07-06 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-06-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-08 | AA | accounts | Accounts with accounts type group | |
| 2022-08-02 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2022-07-29 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2022-06-16 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 2
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.