NEXMO WORLD SERVICES LIMITED

• ⚠

  Material uncertainty over going concern

  The directors have assessed the Company's ability to continue to adopt the going concern basis of accounting, which is contingent on receiving continued financial support from the group. The Company has received a letter of support from Ericsson, confirming its ability and intention to provide financial assistance to enable it to fulfil all obligations for a minimum of 12 months from the date of the directors' report for the year ended 31 December 2024, so that it may continue operations during this time which includes realising its assets and discharging its liabilities in the normal course of business.

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

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The directors have assessed the Company's ability to continue to adopt the going concern basis of accounting, which is contingent on receiving continued financial support from the group. The Company has received a letter of support from Ericsson, confirming its ability and intention to provide financial assistance to enable it to fulfil all obligations for a minimum of 12 months from the date of the directors' report for the year ended 31 December 2024, so that it may continue operations during this time which includes realising its assets and discharging its liabilities in the normal course of business.”

Significant events

• “No significant events occurred from the end of the reporting period to the date when the financial statements are authorised for issue.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

1

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.

• Turnover

  +25.6%

  £11,592,406 → £14,563,107

• Cash

  +122.2%

  £7,802 → £17,337

• Net assets

  +12%

  £5,095,354 → £5,709,085

• Employees

  +93.4%

  61 → 118

• Operating profit

  -22.7%

  £1,054,092 → £814,840

• Profit before tax

  -22.7%

  £1,054,092 → £814,840

• Wages

  +33.7%

  £6,017,684 → £8,045,250

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