VX FIBER LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-01-23 (in 8mo)
Last made up 2026-01-09
Watchouts
None on the register
Cash
£165K
+15% vs 2023
Net assets
£134M
+33.9% highest in 3 filed years
Employees
47
-59.5% lowest in 3 filed years
Profit before tax
-£10M
+18.6% highest in 3 filed years
Net assets
4-year trend · vs Technology median
Accounts
4-year trend · latest reflected 2024-12-31
| Metric | Trend | 2022-01-01 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | £1,811,728 | £4,621,627 | £3,471,241 | |
| Operating profit | — | -£9,844,684 | -£11,278,542 | -£10,001,240 | |
| Profit before tax | — | -£10,239,180 | -£12,290,630 | -£10,001,169 | |
| Net profit | — | -£6,003,040 | -£12,290,630 | -£10,001,169 | |
| Cash | — | £383,132 | £143,320 | £164,797 | |
| Total assets less current liabilities | — | £123,026,980 | £118,627,679 | £133,979,926 | |
| Net assets | — | £112,381,072 | £100,090,442 | £133,979,926 | |
| Equity | £118,384,112 | £112,381,072 | £100,090,442 | £133,979,926 | |
| Average employees | — | 117 | 116 | 47 | |
| Wages | — | £2,360,749 | £2,212,133 | £1,958,371 | |
| Directors' remuneration | — | £317,400 | £317,400 | £119,440 |
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
-
Turnover
-24.9%
£4,621,627 £3,471,241
-
Cash
+15%
£143,320 £164,797
-
Net assets
+33.9%
£100,090,442 £133,979,926
highest in 3 filed years
-
Employees
-59.5%
116 47
lowest in 3 filed years
-
Operating profit
+11.3%
-£11,278,542 -£10,001,240
-
Profit before tax
+18.6%
-£12,290,630 -£10,001,169
highest in 3 filed years
-
Wages
-11.5%
£2,212,133 £1,958,371
lowest in 3 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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-01-01 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | -543.4% | -244.0% | -288.1% | |
| Net margin | — | -331.3% | -265.9% | -288.1% | |
| Return on capital employed | — | -8.0% | -9.5% | -7.5% | |
| Current ratio | — | — | 0.14x | 0.42x | |
| Interest cover | — | -24.89x | -11.14x | — |
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 1 time since incorporation
- VX FIBER LIMITED 2018-11-19 → present
- VNXT UK LIMITED 2017-01-10 → 2018-11-19
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis which assumes the company's ability to continue trading (and thus pay its debts as they fall due) for the foreseeable future. The company is dependent for this on the continuing support and loans from the immediate parent company.”
Significant events
- “Following regulator approval, on 26 March 2024, Freedom Fibre acquired 100% of the issued share capital of Infrabridge backed VX Fiber Limited (VX UK) and LilaConnect Limited (LilaConnect).”
- “On 24 April 2025, Freedom Fibre announced a group wide redundancy scheme as part of a change in operating model from network build to commercialisation and profitability. The redundancy programme is expected to complete in July 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| VAUTIER, Nathan Alan | Director | 2024-09-23 | Feb 1976 | British |
| WOODS, Darren John | Director | 2024-03-26 | Nov 1968 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BLOCK, Carl Stefan Demetrios | Director | 2023-03-16 | 2024-03-26 |
| LANGE, Jan Helge | Director | 2023-03-16 | 2024-03-26 |
| MCARTHUR, Neil | Director | 2024-03-26 | 2024-09-23 |
| MOORE, Anthony | Director | 2024-03-26 | 2024-12-31 |
| SANDBERG, Arne Mikael | Director | 2017-01-10 | 2023-03-16 |
| SÖRENSEN, Jens Fredrik | Director | 2023-03-16 | 2024-03-26 |
| WIDING, Tord Christian | Director | 2018-06-25 | 2023-03-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Freedom Fibre Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-03-26 | Active |
| Vx Uk Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-03-08 | Ceased 2024-03-26 |
| Infrabridge Investors (Uk) Limited | Corporate entity | Significant influence | 2023-02-02 | Ceased 2024-03-08 |
| Digitalbridge Group, Inc | Corporate entity | Significant influence | 2023-02-02 | Ceased 2024-03-08 |
| Vnext Ab | Corporate entity | Shares 75–100%, Voting 75–100% | 2017-01-10 | Ceased 2023-02-02 |
Filing timeline
Last 20 of 52 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-29 | AD01 | address | Change registered office address company with date old address new address | |
| 2026-01-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-15 | AA | accounts | Accounts with accounts type full | |
| 2025-01-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-11-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-04 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-11 | AA | accounts | Accounts with accounts type full | |
| 2024-05-28 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-05-28 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-03-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-28 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-28 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-28 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-14 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-03-14 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-03-14 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-03-13 | AD01 | address | Change registered office address company with date old address new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.