WIGHTFIBRE LIMITED

1. WIGHTFIBRE LIMITED 2012-07-11 → present
2. WIGHTCABLE 2005 LIMITED 2006-01-10 → 2012-07-11
3. CONTINENTAL SHELF 350 LIMITED 2005-06-03 → 2006-01-10

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

CLA Evelyn Partners Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have concluded that there are no material uncertainties that may cast doubt on the Company's ability to continue as a going concern for the foreseeable future. For these reasons, they continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “WightFibre Limited is the Isle of Wight's first full-fibre telecom network providing ultrafast broadband to homes and businesses across the island, with exceptional levels of customer service. WightFibre's "Gigabit Island Project" is nearing completion, with 88% coverage of the island and a network architecture capable of delivering some of the fastest broadband speeds in the world, making the Isle of Wight one of the "best connected" places on the planet.”
• “At the end of September 2024, the Full Fibre Network covered 88% of the Premises on the Island. Rate of customer acquisition is running ahead of plan with over 30% penetration as the company's local brand recognition and reputation for exceptional customer service grows. WightFibre is the only broadband company to hold the Institute of Customer Service 'Servicemark with Distinction' accreditation setting the company apart from its competitors.”

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

Filings

1

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

  +32.6%

  £5,427,849 → £7,196,163

• Cash

  -90.4%

  £1,256,089 → £119,993

• Net assets

  -50.3%

  -£37,694,538 → -£56,645,992

• Employees

  +15.1%

  106 → 122

• Operating profit

  -9.5%

  -£6,135,325 → -£6,716,926

• Profit before tax

  -24%

  -£15,278,648 → -£18,951,454

• Wages

  +16.3%

  £4,619,165 → £5,371,104

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