VIRGIN MEDIA BUSINESS LIMITED

• ◆

  3 officer resignations in last 12 months

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

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. VIRGIN MEDIA BUSINESS LIMITED 2010-02-11 → present
2. IMMINUS LIMITED 1994-02-28 → 2010-02-11
3. MIDLAND NETWORK SERVICES LIMITED 1989-01-01 → 1994-02-28
4. TRAVINET LIMITED 1984-03-07 → 1989-01-01
5. PLANEPEAK LIMITED 1984-01-24 → 1984-03-07

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

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 101

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis, which the directors consider to be appropriate for the following reasons:”

Significant events

• “In January 2025, the company sold its minority stake in Travel Technology Initiative Limited for a consideration of £840.”
• “In May 2025, Virgin Media O2 and Daisy Group announced the creation of a new B2B company, combining their complementary direct B2B operations to a create a major new force in the UK business communications and IT sector (the Transaction). The Transaction completed in August 2025, with the creation of O2 Daisy Limited, as the parent company of the group including the Company (O2 Daisy Group).”
• “On 28 July 2025 Virgin Media Business Limited declared a dividend to Virgin Media Operations Limited of £212,205,281.”

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

3

last 12 months

Officers resigned

3

last 12 months

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

• Turnover

  -8.5%

  £395,931,000 → £362,405,000

• Cash

  —

  Not reported

• Net assets

  -0.4%

  £418,315,000 → £416,525,000

• Employees

  —

  Not reported

• Operating profit

  -62.2%

  £22,784,000 → £8,603,000

• Profit before tax

  -42.8%

  £31,080,000 → £17,766,000

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