SPECTRUM FIBRE 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

  +85.6%

  £4,205,000 → £7,805,000

• Cash

  -76.1%

  £12,523,000 → £2,999,000

• Net assets

  -59.6%

  -£55,285,000 → -£88,209,000

• Employees

  +2.5%

  200 → 205

• Operating profit

  -1.2%

  -£16,109,000 → -£16,310,000

• Profit before tax

  -22.5%

  -£26,855,000 → -£32,908,000

• Wages

  +5%

  £10,185,000 → £10,692,000

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

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Ogi's directors have adopted the going concern basis of presentation for the group's financial statements. The directors have arrived at this opinion after reviewing the group's annual budget, long-term business plan, capital resources and are satisfied that the company is able to adequately fund its operations for the foreseeable future (see note 2.4 in the financial statements).”

Group structure

1. SPECTRUM FIBRE LIMITED · parent
   1. Ogi Networks Limited 100% · building and operation of a fibre-to-the-premises network across south Wales, the provision of managed IT services to business customers, and the provision of broadband connectivity to residential and business customers
   2. Spectrum Internet Limited 100% · building and operation of a fibre-to-the-premises network across south Wales, the provision of managed IT services to business customers, and the provision of broadband connectivity to residential and business customers
   3. Ogi Fibre Limited 100% · dormant
   4. Real Fibre Limited 100% · dormant

Significant events

• “After the Balance Sheet date, the group received a further £5,000k in loan notes from its principal investor and drew down a further £5,000k of the £45,000k facility with the Cardiff Capital Region.”
• “In April 2025, these short-term loans were refinanced into 13.5% unsecured loan notes with a maturity date of 31st August 2037.”

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

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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.