TRUESPEED COMMUNICATIONS LTD
Operating as a subsidiary of Truespeed Holdings Limited, this Bath-based telecommunications company provides full-fibre broadband networks and internet services to residential and business customers in the South West of England.
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Cash
£2.1M
+23.4% vs 2023
Net assets
-£110M
-29.5% vs 2023
Employees
132
-40% vs 2023
Profit before tax
-£25M
+2.8% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
8 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Telecommunications median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | — | — | — | |
| Operating profit | — | — | — | |
| Profit before tax | -£25,749,419 | -£25,039,256 | +2.8% | |
| Net profit | -£25,749,419 | -£25,039,256 | +2.8% | |
| Cash | £1,717,714 | £2,119,684 | +23.4% | |
| Total assets less current liabilities | £70,410,717 | £56,430,412 | -19.9% | |
| Net assets | -£84,899,689 | -£109,938,945 | -29.5% | |
| Equity | -£84,899,689 | -£109,938,945 | -29.5% | |
| Average employees | 220 | 132 | -40% | |
| Wages | £5,761,750 | £4,781,737 | -17% | |
| Directors' remuneration | £671,712 | £717,040 | +6.7% |
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
Name history
Renamed 1 time since incorporation
- TRUESPEED COMMUNICATIONS LTD 2015-01-13 → present
- WANSDYKE NETWORKING LTD 2014-08-28 → 2015-01-13
People
5 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MULCAHY, Patrick John | Secretary | 2016-04-25 | — | — |
| MISSIER, Nelson Jonatius Simon Santosh | Director | 2026-04-30 | Jan 1979 | Swedish |
| OSBORNE, Clarke Anthony | Director | 2014-12-04 | Jul 1952 | British |
| VAUTIER, Nathan Alan | Director | 2026-04-30 | Feb 1976 | British |
| WOODS, Darren John | Director | 2026-04-30 | Nov 1968 | British |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BERRY, Ian Graham | Director | 2017-07-05 | 2019-11-22 |
| BRUEGGER, Edmund Peter | Director | 2017-07-05 | 2026-03-25 |
| BURRIDGE, Paul | Director | 2020-09-07 | 2026-03-25 |
| HARRINGTON, Lisa Catherine | Director | 2022-09-01 | 2026-03-25 |
| HORNAK, Francis Benedict | Director | 2016-01-13 | 2022-03-30 |
| JONES, Andrew Peter Mitchell | Director | 2015-05-29 | 2026-03-25 |
| KARTHAUSER, Josef Lawrence Paul, Doctor | Director | 2014-08-28 | 2022-03-30 |
| LOWTHER, James | Director | 2022-05-25 | 2025-12-31 |
| MCCABE, Matthew David | Director | 2014-11-19 | 2015-05-29 |
| MCLACHLAN, Sean Kent | Director | 2017-07-05 | 2023-02-28 |
| MISSIER, Nelson Jonatius Simon Santhosh | Director | 2026-01-19 | 2026-03-25 |
| MULCAHY, Patrick John | Director | 2016-04-25 | 2022-03-30 |
| PLACE, James Callow | Director | 2015-05-29 | 2017-04-30 |
| SHERVELL, Ian | Director | 2019-03-25 | 2026-04-30 |
| TORROAIS ALBUQUERQUE LEAL, Margarida | Director | 2023-02-28 | 2025-09-11 |
| WIENBURG, Evan Frank | Director | 2014-11-19 | 2021-12-05 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Freedom Hold Co 2 Limited | Corporate entity | Significant influence, Significant influence (as trust), Significant influence (as firm) | 2026-04-30 | Active |
| Truespeed Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-11-04 | Ceased 2026-04-30 |
| Mr Francis Benedict Hornak | Individual | Shares 25–50% | 2016-04-06 | Ceased 2017-07-05 |
Filing timeline
Last 20 of 149 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-05 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-30 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-04-30 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-04-30 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-30 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-30 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-07 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-07 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-07 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-07 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-07 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-26 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-31 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-24 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-11-24 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2025-11-20 | SH01 | capital | Capital allotment shares | |
| 2025-11-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-11-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-11-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-16 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 20
- Capital events
- 1
- Officers appointed
- 3
- Officers resigned
- 8
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.