FOURTEEN IP GROUP LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

• Turnover

  +2.1%

  £16,597,567 → £16,951,075

• Cash

  +128.4%

  £1,239,479 → £2,831,046

  highest in 6 filed years

• Net assets

  +26%

  £2,854,854 → £3,596,805

  highest in 6 filed years

• Employees

  +12.5%

  80 → 90

  highest in 6 filed years

• Operating profit

  -12%

  £1,804,230 → £1,587,963

• Profit before tax

  -11.9%

  £1,820,808 → £1,604,878

• Wages

  +7.8%

  £3,469,033 → £3,738,160

  highest in 4 filed years

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

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Hurst Accountants Limited

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

1. FOURTEEN IP GROUP LIMITED · parent
   1. Fourteen IP Communications Limited 100% · England and Wales
   2. Fourteen IP Network Services Limited 100% · England and Wales
   3. Fourteen IP Hospitality Communications Europe Limited 100% · Ireland
   4. Fourteen IP Mexico, S de RL de CV 100% · Mexico
   5. Fourteen IP Cloud Communications Limited 100% · England and Wales
   6. Fourteen IP Communications (Canada) Limited 100% · Canada
   7. Fourteen IP Hold Co 100% · USA
   8. Fourteen IP Inc 100% · USA
   9. Evolution Voice Inc 100% · USA
   10. Fourteen IP Cloud Communications Co 100% · USA

Significant events

• “After the year end, the shareholders of the Company, entered into a series of transactions ("Transaction") which resulted in Beech Tree General Partner IV LLP ("BTPE") effectively acquiring majority ownership and control through its shareholding in Forte Topco 2025 Limited, which became the new ultimate holding company for the Company. BTPE brings a wealth of experience and resources to enable the Company to fully exploit the opportunities ahead. The Transaction included the raising of a new £10m funding facility from National Westminster Bank plc available to be drawn down in various tranches to fund general working capital as well as targeted acquisitions.”

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

1

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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