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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2027-01-02 (in 8mo)

Last made up 2025-12-19

Watchouts

None on the register

Cash

Latest balance sheet

Net assets

-£547M

EUR -629,478,000

Equity attributable

Employees

173

Average over period

Profit before tax

-£24M

EUR -28,087,000

Period ending 2025-03-31

Accounts

1-year trend · latest reflected 2025-03-31

Metric Trend 2025-03-31
Turnover £69,779,111
Operating profit -£14,552,570
Profit before tax -£24,425,602
Net profit -£24,527,350
Cash
Total assets less current liabilities -£543,380,294
Net assets -£547,419,776
Equity -£547,419,776
Average employees 173
Wages £18,428,559
Directors' remuneration

Figures converted to GBP from EUR at 0.870 per EUR (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

Year-on-year

Latest filed period vs the prior one

No year-on-year comparison available — needs at least two filed periods with shared line items.

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2025-03-31
Operating margin -20.9%
Net margin -35.1%
Return on capital employed 2.7%
Gearing (liabilities / total assets) 328.5%
Current ratio 0.17x
Interest cover -1.26x

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.

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
Ernst & Young LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Director's have assessed and are satisfied at the time of approving the financial statements, it is appropriate to adopt the going concern basis in preparing the financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future.”

Group structure

  1. VODAFONE IOT UK LIMITED · parent
    1. Vodafone IoT Portugal, Unipessosal Lda 100% · Portugal
    2. Vodafone IoT Germany GmbH 100% · Germany
    3. Vodafone IoT Italy S.R.L 100% · Italy
    4. Vodafone IoT Spain S.L. 100% · Spain
    5. Vodafone IoT Incorporated 100% · United States

Significant events

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

People

4 active · 0 resigned

Name Role Appointed Born Nationality
AVCI, Cuneyt Director 2023-12-20 May 1977 Turkish
BODDY, Timothy David Director 2023-12-20 Jun 1977 British
BRENNEIS, Erik Director 2023-12-20 Jun 1970 German
MILTON, Alan Mark Director 2023-12-20 Feb 1978 British

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Vodafone International Operations Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2023-12-20 Active

Filing timeline

Last 6 of 6 total filings

Date Type Category Description
2025-12-19 CS01 confirmation-statement Confirmation statement with updates PDF
2025-09-23 AA accounts Accounts with accounts type full
2025-09-16 SH01 capital Capital allotment shares PDF
2024-12-20 CS01 confirmation-statement Confirmation statement with updates PDF
2024-02-26 AA01 accounts Change account reference date company current extended PDF
2023-12-20 NEWINC incorporation Incorporation company PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
3

last 12 months

Capital events
1

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.

Official Companies House page