LIGHTSPEED BROADBAND LIMITED

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

  +120.3%

  £1,019,569 → £2,246,087

• Cash

  +214.8%

  £65,312 → £205,590

• Net assets

  -41.4%

  -£19,319,238 → -£27,326,402

• Employees

  +17.4%

  23 → 27

• Operating profit

  -28.6%

  -£4,838,012 → -£6,222,246

• Profit before tax

  -24.5%

  -£6,431,773 → -£8,007,164

• Wages

  +17.8%

  £1,049,206 → £1,235,613

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

KLSA LLP

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 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.”

Significant events

• “In July 2023 Kompass Global Ventures, LLC ("Kompass Kapital") acquired a controlling stake in Lightspeed. As part of this transaction the Kompass group committed new capital to the business, which is being utilised to develop and expand the company's high speed full fibre network while also enhancing the company's internet service provider ("ISP") platform.”
• “With a renewed focus on customer acquisitions in 2024, the growth in customer connections and subscription revenue has grown and this trend has continued into the first half of 2025. The demand for Full Fibre across the regions served by Lightspeed remains strong and revenues continue to grow rapidly, bolstered by the launch of value-added services.”
• “In 2024 we have seen a marked increase in cost inflation arising from several supply side issues. This resulted in supplier price increases across the board. While we note a reduction in the pace of inflation during the first half of 2025, although costs remain high.”
• “The on-going events in Ukraine in continue to impact on the European electronics marketplace and a strained global trading relationships are likely to continue to disrupt component supply chains.”

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

Filings

2

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.