AVANTI COMMUNICATIONS INFRASTRUCTURE LIMITED

• ⚠

  Annual accounts overdue

  Due 2025-12-31.

• ⚠

  Material uncertainty over going concern

  The financial statements included a material uncertainty related to going concern resulting from uncertainty around securing an extension to the maturity of the Super Senior Facility. This indicates a material uncertainty that may cast significant doubt on the company's ability to continue as a going concern.

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

“The financial statements included a material uncertainty related to going concern resulting from uncertainty around securing an extension to the maturity of the Super Senior Facility. This indicates a material uncertainty that may cast significant doubt on the company's ability to continue as a going concern.”

Group structure

1. AVANTI COMMUNICATIONS INFRASTRUCTURE LIMITED · parent
   1. Avanti Space Limited 100% · England and Wales · Provision of satellite network services
   2. Avanti Space 2B Limited 100% · England and Wales · Provision of satellite network services
   3. Avanti Broadband Limited 100% · England and Wales · Provision of satellite network services
   4. Avanti Communications Marketing Services Limited 100% · England and Wales · Sales and marketing
   5. Avanti Broadband (Ire) Limited 100% · England and Wales · Dormant
   6. Avanti Launch Services Limited 100% · Isle of Man · Dormant

Significant events

• “On 22 June 2022 the Company signed a Deed of Release to reduce the intercompany balance owed to it by Avanti Broadband Limited by £200m.”
• “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 LLimited, 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.”
• “On 2 April 2024 the Group, of which Avanti Communications Infrastructure Limited is a member, was acquired by Plate New Topco Limited. Ultimate parent changed from Plate Newco 1 Limited to Plate New Topco Limited (reg number 15592774).”

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

Filings

6

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

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  —

  Not reported

• Employees

  —

  Not reported

• Operating profit

  +100%

  -£44,000 → £0

• Profit before tax

  +88.2%

  -£7,615,000 → -£897,000

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