FIBRUS LTD

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

  +67.8%

  £17,583,861 → £29,498,984

• Cash

  -58%

  £17,959,453 → £7,542,623

• Net assets

  -1,228.7%

  -£4,668,117 → -£62,024,725

• Employees

  -23.6%

  1,018 → 778

• Operating profit

  +8.5%

  -£37,406,598 → -£34,227,692

• Profit before tax

  -7.7%

  -£53,447,547 → -£57,578,878

• Wages

  -4.6%

  £20,176,946 → £19,255,430

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 (NI) LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“For this reason, the financial statements have been prepared on a going concern basis, which presumes the realisation of assets and liabilities in the normal course of business. The year under review has seen significant growth as the Group progresses in its goal to bring meaningful connectivity to rural and regional communities.”

Group structure

1. FIBRUS LTD · parent
   1. Acorn Holdco Ltd 100% · Northern Ireland · Holding company
   2. Acorn Holdco II Limited 100% · Northern Ireland · Holding company
   3. Fibrus Networks Ltd 100% · Northern Ireland · Building and operating fibre broadband network
   4. Fibrus Networks (FFNI) Ltd 100% · Northern Ireland · Hyperfast broadband provider
   5. Viberoptix Opco Ltd 100% · Northern Ireland · Wired telecommunications
   6. Fibrus Networks GB Ltd 100% · England and Wales · Building and operating fibre broadband network
   7. Fibrus Networks GB Holdco Ltd 100% · England and Wales · Holding company
   8. Fibrus ISP (GB) Ltd 100% · England and Wales · Hyperfast broadband provider
   9. Fibrus ISP (NI) Ltd 100% · Northern Ireland · Hyperfast broadband provider

Significant events

• “In March 2025 we delivered the second milestone of our BDUK funded Gigabit project in Cumbria, successfully full fibre connectivity to almost 12,500 homes and businesses in Cumbria on time and within budget.”
• “our UK Government contract was been extended in March 2025, allowing the company to deliver Full Fibre broadband to an additional 21,000 previously underserved premises in Cumbria with the total subsidy increasing to £150 million.”
• “In June 2025 we completed the delivery of the 'Stratum' programme which brought full fibre connectivity to 81,148 homes across Northern Ireland.”

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

Filings

16

last 12 months

Capital events

0

last 24 months

Officers appointed

4

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.