XLN ENERGY LIMITED

1. XLN ENERGY LIMITED 2014-11-18 → present
2. HAMSARD 3348 LIMITED 2014-09-02 → 2014-11-18

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have received a confirmation letter from the directors of VMED O2 UK Holdings Limited, the direct subsidiary of VMED O2 UK Limited, confirming it will continue to provide sufficient financial support to enable the Company to meet its liabilities as they fall due for at least the next 12 months. As such, the directors continue to adopt the going concern basis in preparing the financial statements.”

Significant events

• “Subsequent to the year end in May 2025, VMED O2 and Daisy Group announced the creation of a new B2B company, combining their complementary direct B2B operations to create a major new force in the UK business communications and IT sector. The transaction completed on 1 August 2025 with creation of O2 Daisy Limited, the parent of the group (O2 Daisy). The ownership of O2 Daisy is split 70% VMED O2 and 30% Daisy Group. Under the new ownership structure, the combined entity will be consolidated by VMED O2 with a non-controlling interest recognised for the proportion of the combined entity's consolidated results attributable to the Daisy Group. Also, on 30 September 2025, the Company became a guarantor to intercompany loans totalling £1,351 million which are secured by a fixed and floating charge over the assets of the Company and certain fellow group undertakings.”

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

Filings

14

last 12 months

Capital events

0

last 24 months

Officers appointed

4

last 12 months

Officers resigned

1

last 12 months

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