WIFINITY LIMITED

1. WIFINITY LIMITED 2022-01-05 → present
2. OPTIFY MEDIAFORCE LIMITED 2020-11-20 → 2022-01-05
3. PCCW GLOBAL NETWORKS (UK) LIMITED 2019-04-24 → 2020-11-20
4. PCCW GLOBAL NETWORKS (UK) PLC 2017-09-13 → 2019-04-24
5. RELISH NETWORKS PLC 2016-05-26 → 2017-09-13
6. KEYCOM PLC 2000-02-28 → 2016-05-26
7. NOWNET.COM PLC 2000-02-03 → 2000-02-28

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 102

Reporting scope

Standalone (parent only)

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Management have prepared financial projections for the group headed by Hercules Topco Limited which indicate that the group and the company can continue to operate as a going concern. These projections cover the 12 months from the signing date and reflect known and expected impacts on the business over this period. The Directors are satisfied that the company is in a position to meet its liabilities as they fall due over the next 12 months. On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis in order to give a true and fair view and that no material uncertainty in respect to going concern has been identified.”

Group structure

1. WIFINITY LIMITED · parent
   1. Vital Wifi Holdings Limited 100% · UK · Holding company
   2. Vital Wifi Limited 100% · UK · Internet service provider and telecommunications services
   3. Next Connex Limited 100% · UK · Internet service provider and telecommunications services

Significant events

• “The financial position includes the impact of the hive up of trade and assets from Next Connex Limited, a subsidiary of the company, effective from 31 December 2024.”
• “The company will continue to expand its business within its established sectors of Defence, Holiday Parks and Specialist Accommodation through strategic acquisitions and organic growth.”
• “On 15 October 2024 the company acquired the trade and assets of Norbeck Limited, for consideration of £140,000.”
• “On 31 December 2024, all the trade and assets of Next Connex Limited were hived into Wifinity Limited, the parent entity, on a fair value basis under acquisition accounting.”

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

Filings

9

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

  +30.8%

  £25,337,487 → £33,141,077

• Cash

  +86.1%

  £3,111,149 → £5,790,101

• Net assets

  +16.4%

  £15,598,147 → £18,159,434

• Employees

  +18.6%

  177 → 210

• Operating profit

  -13.1%

  £5,298,214 → £4,605,555

• Profit before tax

  -12%

  £5,338,887 → £4,696,555

• Wages

  +35.6%

  £9,067,691 → £12,295,852

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