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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-11-27 (in 6mo)

Last made up 2025-11-13

Watchouts

1 item

Cash

£85M

-37.7% vs 2023

Net assets

£538M

-24.2% vs 2023

Employees

1,594

-15% vs 2023

Profit before tax

-£360M

+14% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £99,675,000£133,871,000
Operating profit -£213,852,000-£176,687,000
Profit before tax -£419,304,000-£360,487,000
Net profit -£419,304,000-£360,487,000
Cash £137,241,000£85,498,000
Total assets less current liabilities £3,965,035,000£4,416,622,000
Net assets £709,761,000£538,275,000
Equity £709,761,000£538,275,000
Average employees 1,8761,594
Wages £123,090,000£118,617,000
Directors' remuneration £2,396,000£3,564,000

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

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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 2023-12-312024-12-31
Operating margin -214.5%-132.0%
Net margin -420.7%-269.3%
Return on capital employed -5.4%-4.0%
Gearing (liabilities / total assets) 83.0%88.7%
Current ratio 1.15x0.60x
Interest cover -0.84x-0.63x

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 3 times since incorporation

  1. CITYFIBRE INFRASTRUCTURE HOLDINGS LIMITED 2018-06-22 → present
  2. CITYFIBRE INFRASTRUCTURE HOLDINGS PLC 2014-01-10 → 2018-06-22
  3. CITYFIBRE INFRASTRUCTURE HOLDINGS LIMITED 2013-12-11 → 2014-01-10
  4. NEWINCCO 1269 LIMITED 2013-11-13 → 2013-12-11

Audit & accounting basis

Accounting basis
IFRS
Reporting scope
Consolidated group
Auditor
BDO LLP
Audit opinion
Unqualified (clean)
Going concern
Material uncertainty disclosed

“At the date of signing these financial statements on 28 May 2025, the necessary funding is not yet secured and therefore represents a material uncertainty which may cast significant doubt on the ability of the Group and Company to continue as a going concern.”

Group structure

  1. CITYFIBRE INFRASTRUCTURE HOLDINGS LIMITED · parent
    1. CityFibre Holdings Limited 100% · UK · Provision of telecommunication networks
    2. CityFibre Networks Limited 100% · UK · Provision of telecommunication networks
    3. Fibrecity Holdings Limited 100% · UK · Holding company
    4. CityFibre Metro Networks Limited 100% · UK · Provision of telecommunication networks
    5. Fibrecity Bournemouth Limited 100% · UK · Provision of telecommunication networks within Bournemouth
    6. CityFibre Limited 100% · UK · Provision of telecommunication networks
    7. Entanet Holdings Limited 100% · UK · Holding company
    8. Entanet International Limited 100% · UK · Provision of internet services
    9. FibreNation Limited 100% · UK · Provision of telecommunication networks
    10. Bolt Pro Tem Limited 100% · UK · Provision of telecommunication networks
    11. Lit Fibre Group Limited 100% · UK · Provision of telecommunication networks

Significant events

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

People

6 active · 15 resigned

Name Role Appointed Born Nationality
GAWN, Christopher Secretary 2013-12-10 British
DUNN, Nicholas James Director 2021-01-20 Nov 1966 British
FLOOD, Sharon Emma Director 2025-09-12 May 1965 British
HOLDEN, Simon Director 2019-03-11 May 1968 British
HOLLIDAY, Steve Director 2025-09-12 Oct 1956 British
MORRIS, Mark Nicholas Director 2025-09-24 Dec 1963 British
Show 15 resigned officers
Name Role Appointed Resigned
OLSWANG COSEC LIMITED Corporate Secretary 2013-11-13 2013-12-10
CHARLTON, Stephen Director 2014-11-17 2018-06-21
COLLINS, Mark Grahame Director 2013-12-10 2019-07-01
DAVIS, Sally Margaret Director 2014-02-12 2018-06-21
HART, Terence Alan Director 2013-12-10 2020-07-15
LAKE, Spencer George Director 2017-09-20 2018-06-21
MACKIE, Christopher Alan Director 2013-11-13 2013-12-10
MANNING, Peter David Director 2014-01-10 2017-01-13
MESCH, Robert Gary Director 2014-01-10 2018-06-21
MESCH, William Gregory Director 2013-12-10 2025-09-02
PRELZ OLTRAMONTI, Massimo Giovanni Director 2014-01-10 2014-10-01
STONE, Christopher Michael Renwick Director 2017-02-27 2018-06-21
VAN DOORNE, Leopold Wilhelmus Antonius Maria Director 2014-01-10 2017-09-20
OLSWANG DIRECTORS 1 LIMITED Corporate Director 2013-11-13 2013-12-10
OLSWANG DIRECTORS 2 LIMITED Corporate Director 2013-11-13 2013-12-10

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Cityfibre Holdco Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2018-12-13 Active
Connect Infrastructure Bidco Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2018-06-21 Ceased 2018-12-13

Filing timeline

Last 20 of 201 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2025-09-23 RESOLUTIONS Resolution
  • 2025-08-22 RESOLUTIONS Resolution
  • 2025-07-31 RESOLUTIONS Resolution
  • 2025-07-04 RESOLUTIONS Resolution
  • 2025-06-03 RESOLUTIONS Resolution
  • 2025-05-09 RESOLUTIONS Resolution
Date Type Category Description
2025-11-28 CS01 confirmation-statement Confirmation statement with updates PDF
2025-10-07 AA accounts Accounts with accounts type group
2025-09-29 AP01 officers Appoint person director company with name date PDF
2025-09-23 RESOLUTIONS resolution Resolution
2025-09-22 SH01 capital Capital allotment shares PDF
2025-09-15 AP01 officers Appoint person director company with name date PDF
2025-09-15 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-09-12 AP01 officers Appoint person director company with name date PDF
2025-09-09 OC miscellaneous Court order
2025-09-02 TM01 officers Termination director company with name termination date PDF
2025-08-27 SH01 capital Capital allotment shares PDF
2025-08-22 RESOLUTIONS resolution Resolution
2025-07-31 RESOLUTIONS resolution Resolution
2025-07-29 SH01 capital Capital allotment shares PDF
2025-07-04 RESOLUTIONS resolution Resolution
2025-06-30 SH01 capital Capital allotment shares PDF
2025-06-03 RESOLUTIONS resolution Resolution
2025-05-29 SH01 capital Capital allotment shares PDF
2025-05-23 SH01 capital Capital allotment shares PDF
2025-05-09 RESOLUTIONS resolution Resolution

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
20

last 12 months

Capital events
6

last 24 months

Officers appointed
3

last 12 months

Officers resigned
1

last 12 months

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

Official Companies House page