FULL FIBRE LIMITED

• ⚠

  Material uncertainty over going concern

  As of 31 December, the Company reported a loss of £31.1 million (2023: £23.1 million) and net liabilities amounting to £72.7 million (2023: £41.6 million), attributed to losses incurred that align with the current financial plan. Short to medium term funding for the business is reliant on the continued support of the Group's shareholders, who have continued to fund the business throughout 2025, in accordance with the financial plan and have committed to support funding for the business through 2026 and 2027.

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

  +333.1%

  £1,110,329 → £4,809,023

  highest in 4 filed years

• Cash

  +85%

  £5,224,816 → £9,664,645

• Net assets

  -74.7%

  -£41,626,128 → -£72,727,743

  lowest in 6 filed years

• Employees

  -35%

  240 → 156

• Operating profit

  -28.1%

  -£15,736,998 → -£20,158,206

  lowest in 4 filed years

• Profit before tax

  -34.6%

  -£23,101,467 → -£31,101,615

  lowest in 4 filed years

• Wages

  +197.3%

  £3,007,194 → £8,939,295

  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

Standalone (parent only)

Auditor

Bishop Fleming LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“As of 31 December, the Company reported a loss of £31.1 million (2023: £23.1 million) and net liabilities amounting to £72.7 million (2023: £41.6 million), attributed to losses incurred that align with the current financial plan. Short to medium term funding for the business is reliant on the continued support of the Group's shareholders, who have continued to fund the business throughout 2025, in accordance with the financial plan and have committed to support funding for the business through 2026 and 2027.”

Significant events

• “In March 2025 the Group announced a merger with Zzoomm Group, the combined Group has over 600,000 properties ready for service as well as 70,000 customers.”
• “During 2025 a further £10,000,000 intercompany loan was advanced from Iris Infra Ltd.”

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

Filings

5

last 12 months

Capital events

0

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.