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Next accounts due

2026-12-31 (in 7mo)

Last filed for 2025-03-31

Confirmation statement due

2027-04-30 (in 11mo)

Last made up 2026-04-16

Watchouts

1 item

Cash

Latest balance sheet

Net assets

£35M

0% vs 2024

Employees

Average over period

Profit before tax

-£7K

-32.7% vs 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

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

Metric Trend 2024-03-312025-03-31
Turnover
Operating profit -£5,500-£7,299
Profit before tax -£5,500-£7,299
Net profit -£5,500-£7,299
Cash
Total assets less current liabilities £81,610,242£132,919,219
Net assets £34,508,086£34,500,788
Equity £34,508,086£34,500,788
Average employees
Wages
Directors' remuneration

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

Year-on-year

FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31

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

Ratios

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

Ratio Trend 2024-03-312025-03-31
Return on capital employed -0.0%-0.0%
Interest cover -0.00x-0.00x

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 102
Reporting scope
Standalone (parent only)
Auditor
Grant Thornton (NI) LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Company meets its day to day working capital requirements through funding from group companies. The Company's cash flow forecasts indicate an adequate level of liquidity to enable it to continue to trade and to meet its obligations as they fall due for at least 12 months from the date of approval of the financial statements. The directors are therefore confident that the Company has adequate resources to continue its normal business for the foreseeable future, and accordingly continues to adopt the going concern basis in preparing the financial statements.”

Group structure

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

Significant events

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

People

2 active · 10 resigned

Name Role Appointed Born Nationality
HASLEM, Shane James Director 2025-09-25 Dec 1973 Irish
HUTCHINSON, Colin Director 2025-09-22 Apr 1976 Irish
Show 10 resigned officers
Name Role Appointed Resigned
ARMANINI, Michele Director 2020-11-26 2022-09-16
CRAWLEY, Thomas Christian Director 2020-05-19 2025-09-25
CROSSINGHAM, Lee James Director 2022-02-14 2025-09-25
HENRY, Conal Director 2020-06-11 2025-09-25
IVKOVIC, Iris Director 2021-06-03 2022-06-17
KARATAPANIS, Savvas Director 2022-09-16 2025-09-25
KEARNS, Dominic Roland Director 2020-04-22 2025-09-25
MATTHEWS, Andrew Director 2020-05-19 2020-11-26
O'HAGAN, Thomas Director 2020-04-22 2020-06-11
XU, Xiang Director 2020-05-19 2021-06-03

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Acorn Holdco Ltd Corporate entity Shares 75–100%, Voting 75–100% 2020-11-03 Active
Fibrus Ltd Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2020-05-19 Ceased 2020-11-03
Mr Dominic Roland Kearns Individual Shares 25–50%, Voting 25–50%, Appoints directors 2020-04-22 Ceased 2020-05-19
Mr Thomas O'Hagan Individual Shares 25–50%, Voting 25–50%, Appoints directors 2020-04-22 Ceased 2020-05-19

Filing timeline

Last 20 of 62 total filings

Date Type Category Description
2026-04-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-01-08 AA accounts Accounts with accounts type full
2025-09-29 CH01 officers Change person director company with change date PDF
2025-09-29 CH01 officers Change person director company with change date PDF
2025-09-25 TM01 officers Termination director company with name termination date PDF
2025-09-25 TM01 officers Termination director company with name termination date PDF
2025-09-25 TM01 officers Termination director company with name termination date PDF
2025-09-25 TM01 officers Termination director company with name termination date PDF
2025-09-25 TM01 officers Termination director company with name termination date PDF
2025-09-25 AP01 officers Appoint person director company with name date PDF
2025-09-25 AP01 officers Appoint person director company with name date PDF
2025-07-07 CH01 officers Change person director company with change date PDF
2025-07-07 CH01 officers Change person director company with change date PDF
2025-07-07 CH01 officers Change person director company with change date PDF
2025-07-07 CH01 officers Change person director company with change date PDF
2025-07-03 CH01 officers Change person director company with change date PDF
2025-06-30 CH01 officers Change person director company with change date PDF
2025-06-30 CH01 officers Change person director company with change date PDF
2025-06-30 CH01 officers Change person director company with change date PDF
2025-06-30 CH01 officers Change person director company with change date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
20

last 12 months

Capital events
0

last 24 months

Officers appointed
2

last 12 months

Officers resigned
5

last 12 months

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

Official Companies House page