VERIZON UK LIMITED

1. VERIZON UK LIMITED 2006-09-20 → present
2. MCI WORLDCOM LIMITED 1999-01-08 → 2006-09-20
3. WORLDCOM INTERNATIONAL LIMITED 1997-06-30 → 1999-01-08
4. MFS COMMUNICATIONS LIMITED 1993-04-16 → 1997-06-30
5. ARMOURDOWN LIMITED 1992-12-23 → 1993-04-16

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

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company is expected to continue to generate profits and positive cash flows for the foreseeable future. The directors have assessed their cash flow forecasts, including sensitised forecasts, indicating that the Company has sufficient cash to meets it liabilities as they fall due. Based on the continuing operations and profitability, and available support available from VEHL if required, the directors have no reason to believe that a material uncertainty exists about the ability of the Company to ensure that it can meet its liabilities to third parties as they fall due and continue as a going concern for the period to 31 December 2026.”

Group structure

1. VERIZON UK LIMITED · parent
   1. MK International Limited 100% · United Kingdom · Investment Holding Company
   2. Fox Court Nominees Limited 100% · United Kingdom · Holding minority shareholdings in certain undertakings of the Verizon group

Significant events

• “Switching to LED lighting, started in 2023 but finished in 2024.”
• “There were no significant events after the end of the reporting period.”

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

Filings

12

last 12 months

Capital events

0

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.

• Turnover

  -5.3%

  £210,915,000 → £199,676,000

• Cash

  -23.3%

  £6,903,000 → £5,296,000

• Net assets

  -45.5%

  £569,047,000 → £310,007,000

• Employees

  -22.5%

  1,026 → 795

• Operating profit

  +60.3%

  £11,895,000 → £19,073,000

• Profit before tax

  +910.4%

  £26,984,000 → £272,635,000

• Wages

  -17.3%

  £127,336,000 → £105,308,000

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