FIBRUS NETWORKS LTD

• ◆

  6 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

  +62.2%

  £15,046,162 → £24,411,198

• Cash

  -43.9%

  £9,476,243 → £5,317,803

• Net assets

  -103%

  -£43,991,755 → -£89,312,706

• Employees

  -6.9%

  435 → 405

• Operating profit

  +6.7%

  -£25,237,593 → -£23,547,379

• Profit before tax

  -10.9%

  -£40,865,779 → -£45,320,952

• Wages

  -3.1%

  £18,198,222 → £17,625,408

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. FIBRUS NETWORKS LTD 2020-03-13 → present
2. B4B NETWORKS LTD 2017-09-06 → 2020-03-13
3. IBUB NETWORKS LTD. 2016-11-30 → 2017-09-06
4. IBUB COMMUNICATIONS LTD 2012-05-14 → 2016-11-30

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton (NI) 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 the date when the financial statements are authorised for issue.”

Group structure

1. FIBRUS NETWORKS LTD · parent
   1. Fibrus Networks (FFNI) Ltd 100% · Northern Ireland · Hyperfast broadband provider
   2. Fibrus ISP (NI) Ltd 100% · Northern Ireland · Hyperfast broadband provider
   3. Fibrus Networks GB Holdco Ltd 100% · England and Wales · Holding company
   4. Fibrus Networks GB Ltd 100% · England and Wales · Building and operating fibre broadband network
   5. Fibrus ISP (GB) Ltd 100% · England and Wales · Hyperfast broadband provider

Significant events

• “In June 2025 we completed the delivery of the 'Stratum' programme which brought full fibre connectivity to 81,148 homes across Northern Ireland. This large scale public infrastructure project was delivered on time and on budget and has transformed access high speed connectivity in rural areas and delivered significant economic benefits to the local economy.”

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

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

6

last 12 months

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