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Next accounts due

2026-03-31

Overdue

Confirmation statement due

2026-06-03 (in 1mo)

Last made up 2025-05-20

Watchouts

1 item

Cash

Latest balance sheet

Net assets

-£122M

-5.6% vs 2023

Employees

0

Average over period

Profit before tax

-£7M

+91% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

2-year trend · latest reflected 2024-03-31

Metric Trend 2023-03-312024-03-31
Turnover
Operating profit -£99,320,000-£5,375,000
Profit before tax -£72,803,000-£6,560,000
Net profit -£72,859,000-£6,452,000
Cash
Total assets less current liabilities
Net assets -£115,435,000-£121,887,000
Equity -£115,435,000-£121,887,000
Average employees 00
Wages

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-03-312024-03-31
Current ratio 0.45x0.46x
Interest cover -6.29x-0.34x

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.

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
RSM UK Audit LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors have not identified any material uncertainties that cast significant doubt on the group's ability to continue to operate as a going concern. Therefore, the Directors consider it appropriate to continue to prepare the financial statements of the company on a going concern basis.”

Group structure

  1. PIMCO 2947 TOPCO LIMITED · parent
    1. Pimco 2947 Bidco Limited 100% · Advisory services for group companies
    2. Manchester Metronet Limited 100% · Holding company
    3. M247 UK Limited 100% · Data connectivity services
    4. M247 Limited 100% · Holding company
    5. Venus Business Communications Limited 100% · Non-trading company
    6. M247 Estates Limited 100% · Non-trading company
    7. M247 Europe SRL 100% · Romania · European transnetwork ISP
    8. M247 DC Romania Srl 100% · European data hosting
    9. UK Web.Solutions Limited 100% · Hosting and domain services
    10. Axamba Inc 100% · Dormant

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

People

2 active · 19 resigned

Name Role Appointed Born Nationality
BRICEAG, Gherasim Director 2026-02-02 Mar 1992 Romanian,Moldovan
EDWARDS, Darryl Alexander Director 2021-09-01 May 1961 British
Show 19 resigned officers
Name Role Appointed Resigned
ADVANI, Mark Director 2014-06-27 2016-07-27
BEAMISH, Nicola Director 2014-11-03 2018-02-01
CAFFREY, Matthew Director 2014-06-27 2020-03-20
COUTURIER, Graeme Bernard Director 2024-06-17 2026-02-28
DAVIES, Jenny Elizabeth Director 2020-12-17 2021-06-30
DAVIES, Jenny Elizabeth Director 2018-02-28 2020-03-20
GOLDWATER, Andrew Geoffrey Director 2018-08-31 2021-01-04
GOLDWATER, Andrew Geoffrey Director 2016-09-28 2018-08-31
HARRIS, John Haden Director 2021-05-01 2025-07-31
HUMPHREYS, Andrew Director 2022-03-31 2024-03-28
LEES, Stuart Director 2014-05-21 2014-06-27
LEITCH, Andrew Jack Director 2021-01-04 2022-03-31
LOCKWOOD, Andrew Shaun Director 2016-03-08 2016-12-31
MCCALL, James Nicholas Director 2014-06-27 2020-03-20
MUELLER, Elliott Mcfarland Director 2014-06-27 2016-02-12
PAIGE, Kevin Raymond Director 2018-06-01 2021-02-12
PERKINS, Lee John Director 2016-05-09 2018-03-16
TIMPANY, Allen Director 2014-10-01 2016-05-03
TURNER, Mark Robert James Director 2016-07-27 2020-03-20

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Moco Bidco Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2020-03-20 Active
Livingbridge Gp Company Limited Corporate entity Shares 50–75%, ownership-of-shares-50-to-75-percent-as-firm, voting-rights-50-to-75-percent-as-firm, right-to-appoint-and-remove-directors-as-firm 2016-04-06 Ceased 2020-03-20
Livingbridge Ep Llp Corporate entity ownership-of-shares-50-to-75-percent-as-firm, voting-rights-50-to-75-percent-as-firm, right-to-appoint-and-remove-directors-as-firm 2016-04-06 Ceased 2020-03-20

Filing timeline

Last 20 of 172 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2025-12-24 RESOLUTIONS Resolution
Date Type Category Description
2026-03-02 TM01 officers Termination director company with name termination date PDF
2026-02-12 CH01 officers Change person director company with change date PDF
2026-02-03 AP01 officers Appoint person director company with name date PDF
2026-01-06 SH01 capital Capital allotment shares PDF
2026-01-06 SH01 capital Capital allotment shares PDF
2025-12-24 SH19 capital Capital statement capital company with date currency figure
2025-12-24 SH20 capital Legacy
2025-12-24 CAP-SS insolvency Legacy
2025-12-24 RESOLUTIONS resolution Resolution
2025-08-11 TM01 officers Termination director company with name termination date PDF
2025-07-15 CH01 officers Change person director company with change date PDF
2025-07-15 CH01 officers Change person director company with change date PDF
2025-07-15 CH01 officers Change person director company with change date PDF
2025-07-15 AD01 address Change registered office address company with date old address new address PDF
2025-05-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-04-01 AA accounts Accounts with accounts type full
2025-02-24 MR04 mortgage Mortgage satisfy charge full PDF
2024-12-04 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2024-06-17 AP01 officers Appoint person director company with name date PDF
2024-05-20 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
15

last 12 months

Capital events
4

last 24 months

Officers appointed
1

last 12 months

Officers resigned
2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Year-on-year

FY2023 → FY2024 · period ending 2024-03-31 vs 2023-03-31

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

Official Companies House page