HIGHLAND BROADBAND NETWORKS LIMITED

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

  +64.4%

  £1,186,751 → £1,950,475

• Cash

  +103.5%

  £9,045,056 → £18,406,359

  highest in 4 filed years

• Net assets

  -144.9%

  -£7,998,213 → -£19,586,871

  lowest in 4 filed years

• Employees

  +63.3%

  49 → 80

  highest in 4 filed years

• Operating profit

  -73.5%

  -£4,374,128 → -£7,589,519

• Profit before tax

  -77.5%

  -£6,532,636 → -£11,598,649

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. HIGHLAND BROADBAND NETWORKS LIMITED 2025-07-15 → present
2. LOTHIAN BROADBAND NETWORKS LIMITED 2015-01-08 → 2025-07-15

Accounting basis

FRS 102 §1A

Reporting scope

Consolidated group

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

CT Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Board is satisfied that the financial statements should be prepared on a going concern basis. In reaching this decision, the Board has considered the current market environment, the growth plans of the company, including the resulting impact of these on cash flows as well as the potential risks inherent in the growth plans and related cash flows and the funding available to the company. The continued growth of the company involves a significant level of capital spend. The company has funding agreements in place under convertible loan note and senior debt facilities to provide sufficient funding to support the expected cash outlays. Consequently the Board do not consider there to be any material uncertainties in respect of the company's ability to continue as a going concern in the foreseeable future.”

Group structure

1. HIGHLAND BROADBAND NETWORKS LIMITED · parent
   1. Highland Wireless & IT Solutions Ltd 100% · Scotland

Significant events

• “The Scottish National Investment Bank continues to support the expansion of the business and provided an additional £20m of secured lending during the year.”
• “During the year the company issued two additional tranches of Secured Loan Notes, each with the principal amounts of £10,000,000.”

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

3

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.