CITYFIBRE HOLDCO LIMITED

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  Material uncertainty over going concern

  The Group is reliant on securing further external funding which is not guaranteed and therefore the Group's consolidated financial statements included a material uncertainty related to going concern. This may have a direct impact on the Group's ability to provide the required financial support to the Company and as a result this indicates that a material uncertainty exists which may cast significant doubt on the Company's ability to continue as a going concern.

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

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

IFRS

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Group is reliant on securing further external funding which is not guaranteed and therefore the Group's consolidated financial statements included a material uncertainty related to going concern. This may have a direct impact on the Group's ability to provide the required financial support to the Company and as a result this indicates that a material uncertainty exists which may cast significant doubt on the Company's ability to continue as a going concern.”

Group structure

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

Significant events

• “From 1 January to 10 June 2025 the Company issued 105,084,744 ordinary shares to its parent company, Connect Infrastructure Bidco Limited (Bidco) for total consideration of £310 million.”
• “During the year, Connect Infraco Limited was acquired by the ultimate parent company of the Group, Connect Infrastructure Topco Limited, and subsequently transferred to CityFibre Limited, an indirect subsidiary of the Company, as part of a group reorganisation. In connection with the reorganisation, the Company issued 33,843,418 shares at £2.95 per share to its immediate parent.”
• “Between 28 February 2024 and 20 December 2024, the Company issued a total of 73,121,041 ordinary shares at £0.01 per share for aggregate consideration of £188.7 million (including £83.7 million in connection with the acquisition of Lit Fibre Group Ltd and Lit Fibre Ltd), with the excess over the nominal value recognised in share premium.”
• “Gigler Limited was dissolved on 6 February 2024 following a group re-organisation project. Fibrecity Holdings Limited was dissolved on 3 April 2025.”

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

Filings

12

last 12 months

Capital events

7

last 24 months

Officers appointed

0

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.