BOLDYN NETWORKS GLOBAL LIMITED

• ⚠

  Confirmation statement overdue

  Due 2025-08-28.

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +20%

  £305,593,930 → £366,828,138

• Cash

  +22.1%

  £135,106,526 → £164,945,055

• Net assets

  -14.3%

  £1,603,419,302 → £1,373,867,833

• Employees

  +6.4%

  1,125 → 1,197

• Profit before tax

  -201.1%

  -£192,490,095 → -£579,544,741

• Wages

  +24.2%

  £82,278,538 → £102,197,802

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.

1. BOLDYN NETWORKS GLOBAL LIMITED 2023-06-28 → present
2. BAI GLOBAL HOLDCO LTD 2022-06-15 → 2023-06-28

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Group has prepared the consolidated financial statements on the basis that it will continue to operate as a going concern. Forecasts show that the Group expects to be able to continue to operate for a period of not less than 12 months from the date of approval of these financial statements.”

Group structure

1. BOLDYN NETWORKS GLOBAL LIMITED · parent
   1. Boldyn Networks Group Limited 100% · UK · Holding company
   2. Boldyn Networks Australia Pty Limited 100% · Australia · Investments
   3. Boldyn Networks Holdings US I LLC (1) 100% · USA · Holding company
   4. Boldyn Networks Holdings US II LLC 100% · USA · Investments holding company
   5. Boldyn Networks Infrastructure US LLC 82.81% · USA · Operating company
   6. Boldyn Networks Fiber US II LLC 82.81% · USA · Operating company
   7. Boldyn Networks Transit SPV US LLC 82.81% · USA · Operating company
   8. Boldyn Networks UK Limited 100% · UK · Operating company
   9. Boldyn Networks Europe Limited 100% · UK · Investments holding company
   10. Boldyn Networks Group Management Limited 100% · UK · Services company
   11. Boldyn Networks Holdings US III LLC 97.98% · USA · Investments holding company
   12. Boldyn Networks US Finance LLC 82.81% · USA · Financing entity
   13. Boldyn Networks US Finance II LLC 82.81% · USA · Financing entity
   14. Boldyn Networks Holdings US V LLC 82.81% · USA · Investments holding company
   15. Boldyn Networks Transit SPV US LLC 82.81% · USA · Financing entity
   16. Boldyn Networks Infrastructure US LLC 82.81% · USA · Telecommunications infrastructure
   17. Boldyn Networks US Operations LLC 82.81% · USA · Operating company
   18. Boldyn Networks IV LLC 82.81% · USA · Operating company
   19. Boldyn Networks US III LLC 82.81% · USA · Operating company
   20. Boldyn Networks Holdings US III LLC 82.81% · USA · Investments holding company
   21. Boldyn Networks US I LLC 82.81% · USA · Operating company
   22. Boldyn Networks US Services LLC 82.81% · USA · Operating company
   23. Boldyn Networks US V LLC 82.81% · USA · Operating company
   24. Boldyn Networks US II LLC 82.81% · USA · Operating company
   25. Boldyn Networks Holdings US Ireland Limited 100% · Ireland · Investments holding company
   26. Boldyn Networks Intermediate Holdings US Ireland Limited 100% · Ireland · Investments holding company
   27. Boldyn Networks Ireland Limited 100% · Ireland · Operating company
   28. Boldyn Networks Communications 100% · UK · Operating company
   29. Boldyn Networks Canada Inc · Canada · Services company
   30. Boldyn Networks Italia S.p.A. 75% · Italy · Operating company
   31. Boldyn Networks US VII LLC 82.81% · USA · Operating company
   32. Boldyn Networks US VIII LLC 82.81% · USA · Operating company
   33. Boldyn Networks ZF Holdings US LLC 83.38% · USA · Investments holding company
   34. Boldyn Networks ZF Holdings US II LLC 83.38% · USA · Investments holding company
   35. Mobilitie Holdings LLC 82.81% · USA · Telecommunications infrastructure
   36. Shamrock MJ LLC 82.81% · USA · Telecommunications infrastructure
   37. M3 Holdings LLC 82.81% · USA · Telecommunications infrastructure
   38. Interstate Transport and Broadband Holdings LLC 82.81% · USA · Telecommunications infrastructure
   39. Interstate Transport and Broadband LLC 82.81% · USA · Holding company for telecommunications infrastructure
   40. Broadband Network of Puerto Rico LLC 82.81% · USA · CLEC/CPCN holder
   41. Broadband Tower Facilities of Delaware, LLC 82.81% · USA · CLEC/CPCN holder
   42. TN Network Transport, LLC 82.81% · USA · CLEC/CPCN holder
   43. TN Network Utility Technologies of Georgia, LLC 82.81% · USA · CLEC/CPCN holder
   44. Network Technology IA, LLC 82.81% · USA · Telecommunications infrastructure
   45. KY Backhaul Transmission, LLC 82.81% · USA · Telecommunications infrastructure
   46. Local Exchange Network Technologies, LLC 82.81% · USA · Telecommunications infrastructure
   47. Technology MD Network LLC 82.81% · USA · Telecommunications infrastructure
   48. Utility Network Authority MI, LLC 82.81% · USA · Telecommunications infrastructure
   49. Utility Network Utility Transport, LLC 82.81% · USA · Telecommunications infrastructure
   50. Broadband Network of New Mexico, LLC 82.81% · USA · Telecommunications infrastructure
   51. Utility Network NY, LLC 82.81% · USA · Telecommunications infrastructure
   52. GH Exchange Facilities Networks, LLC 82.81% · USA · Telecommunications infrastructure
   53. Pennsylvania Broadband Network LLC 82.81% · USA · Telecommunications infrastructure
   54. TN Backhaul Networks, LLC 82.81% · USA · Telecommunications infrastructure
   55. Capital Networks USVI, LLC 82.81% · USA · Telecommunications infrastructure
   56. Relay Network Technology VT, LLC 82.81% · USA · Telecommunications infrastructure
   57. WY Network Technology, LLC 82.81% · USA · Telecommunications infrastructure
   58. Wisconsin Technology Network LLC 82.81% · USA · Telecommunications infrastructure
   59. Boldyn Networks HK Limited 98% · Hong Kong · Operating company
   60. Smart City Roma S.p.A. (formerly Boldyn Networks Smart City Roma S.p.A.)(1) 32.18% · Italy · Operating company
   61. Boldyn Networks Spain, S.L. 100% · Spain · Operating company
   62. Boldyn Networks Finland Oy 100% · Finland · Operating company
   63. Boldyn Networks Finland Finance Oy 100% · Finland · Investment holding company
   64. Boldyn Networks France 100% · France · Operating company
   65. Boldyn Networks PNE Holdings UK Limited 100% · UK · Investment holding company
   66. Boldyn Networks PNE UK Limited 100% · UK · Operating company
   67. CityBridge Company LLC 82.81% · USA · Operating company
   68. Boldyn Networks Europe Finance Limited 100% · UK · Operating company
   69. Boldyn Networks Holdings US Finance LLC 82.81% · USA · Operating company
   70. Boldyn Networks Deutschland AG 100% · Germany · Operating company

Significant events

• “On 31 July 2024, Boldyn Networks PNE Holdings UK Limited entered into a £185 million financing agreement for 7 years.”
• “On 30 October 2024, Infrastructure Wireless Italiane S.p.A. purchased 52.08% of Boldyn Networks Smart City Roma S.p.A.”
• “On 28 January 2025, Boldyn Networks Holdings US Finance LLC entered into new financing agreements consisting of Senior Secured Credit Facilities and Fixed Rate Note of approximately $1.6 billion with a maturity range from three to seven years.”
• “On 31 January 2025, the Group purchased 100% of the share capital of Smart Mobile Labs AG ("SML").”
• “On 1 July 2025, Boldyn Networks Global Limited issued 1,485,333,747,772 of Non-Director Voting Shares for total consideration of $51.6 million.”
• “On 18 July 2025, Boldyn Networks Global Limited issued 719,971,726,932 of Non-Director Voting Shares and 866,886 Director Voting Shares for total consideration of $25 million.”
• “On 31 July 2025, the Group paid $0.5 million of consideration, recognised in other non-current liabilities as contingent consideration, to the selling shareholders of Smart Mobile Labs AG.”
• “On both September 30, 2025 and October 31, 2025, Boldyn Networks US Finance LLC drew down $20,000,000 on its 5 year capex revolver for a total of $40,000,000.”
• “On 15 October 2025, Boldyn Networks Global Limited issued 533,034,179,662 of Non-Director Voting Shares for total consideration of $41.1 million.”
• “On 17 November 2025, Boldyn Networks Global Limited issued 1,910,570,680,116 of Non-Director Voting Shares denominated in GBP and 221,618,205,907 of Non-Director Voting Shares denominated in USD for total consideration of $53.8 million and $8.2 million respectively.”
• “On 21 November 2025, Boldyn Networks PNE Holdings UK Ltd has obtained agreement with the lenders to defer the first covenant assessment on its credit facility from June 2027 to December 2028.”
• “In January 2026, Boldyn Networks Global Limited received a total consideration of $78.0 million from its shareholders for a share issuance to be approved in February 2026.”

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

Filings

20

last 12 months

Capital events

6

last 24 months

Officers appointed

4

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.