AVANTI BROADBAND LIMITED

• ⚠

  Annual accounts overdue

  Due 2025-12-31.

• ⚠

  Material uncertainty over going concern

  There can, however, be no certainty that the Plate Newco 3 Limited Group, and the holders of the primary debt facility of Avanti Group, the Super Senior Facility ("SSF"), will continue to extend their support, and renewal of existing facilities, beyond the forecast period or that if the forecasts are not substantially achieved, additional financial support from HPS, the shareholder, is made available. These matters represent a material uncertainty that may cast significant doubt on the Group's ability to continue as a going concern.

1. AVANTI BROADBAND LIMITED 2006-03-14 → present
2. AMBA BROADBAND LIMITED 2005-09-05 → 2006-03-14
3. AVANTI BROADBAND LIMITED 2004-01-29 → 2005-09-05
4. AMBA BROADBAND LIMITED 2001-01-05 → 2004-01-29
5. RURAL INTERNET ACCESS LTD 2000-03-29 → 2001-01-05

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

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“There can, however, be no certainty that the Plate Newco 3 Limited Group, and the holders of the primary debt facility of Avanti Group, the Super Senior Facility ("SSF"), will continue to extend their support, and renewal of existing facilities, beyond the forecast period or that if the forecasts are not substantially achieved, additional financial support from HPS, the shareholder, is made available. These matters represent a material uncertainty that may cast significant doubt on the Group's ability to continue as a going concern.”

Group structure

1. AVANTI BROADBAND LIMITED · parent
   1. Avanti Communications Marketing Services Limited 100% · England and Wales · Support Services
   2. Avanti Broadband (Ire) Limited 100% · England and Wales · Dormant company

Significant events

• “On 2 April 2024, the Super Senior Facility holder exercised a call option over the equity shares in an intermediate holding company of the Group, Plate Newco 3 Limited, which resulted in the acquisition of 100% of the shares of Plate Newco 3 Limited by Plate New Topco Limited, a company wholly owned and controlled by the Super Senior Facility holder.”

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

Filings

5

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

  +16.4%

  £24,109,711 → £28,054,114

• Cash

  +16.5%

  £710,897 → £828,021

• Net assets

  -16.8%

  -£15,633,062 → -£18,252,039

• Employees

  -100%

  6 → 0

• Operating profit

  +43.9%

  -£3,465,530 → -£1,945,145

• Profit before tax

  +17.1%

  -£2,945,886 → -£2,443,291

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