UK Companies House feature
VX FIBER LIMITED
Cash
£143K
-62.6% vs 2022
Net assets
£100M
-10.9% vs 2022
Employees
116
-0.9% vs 2022
Profit before tax
-£12M
-20% vs 2022
Profile
- Company number
- 10556810
- Status
- Active
- Incorporation
- 2017-01-10
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62030
Net assets
3-year trend · vs UK AI & Enterprise SaaS median
Accounts
3-year trend · latest 2023-12-31
| Metric | Trend | 2022-01-01 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|
| Turnover | — | £1,811,728 | £4,621,627 | |
| Operating profit | — | -£9,844,684 | -£11,278,542 | |
| Profit before tax | — | -£10,239,180 | -£12,290,630 | |
| Net profit | — | -£6,003,040 | -£12,290,630 | |
| Cash | — | £383,132 | £143,320 | |
| Total assets less current liabilities | — | £123,026,980 | £118,627,679 | |
| Net assets | — | £112,381,072 | £100,090,442 | |
| Equity | £118,384,112 | £112,381,072 | £100,090,442 | |
| Average employees | — | 117 | 116 | |
| Wages | — | £2,360,749 | £2,212,133 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis which assumes the company's ability to continue trading (and thus pay its debts as they fall due) for the foreseeable future. The company is dependent for this on the continuing support and loans from the immediate parent company.”
Significant events
- “Following regulator approval, on 26 March 2024, Freedom Fibre acquired 100% of the issued share capital of Infrabridge backed VX Fiber Limited (VX UK) and LilaConnect Limited (LilaConnect).”
- “On 24 April 2025, Freedom Fibre announced a group wide redundancy scheme as part of a change in operating model from network build to commercialisation and profitability. The redundancy programme is expected to complete in July 2025.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
2 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| VAUTIER, Nathan Alan | Director | 2024-09-23 | Feb 1976 | British |
| WOODS, Darren John | Director | 2024-03-26 | Nov 1968 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BLOCK, Carl Stefan Demetrios | Director | 2023-03-16 | 2024-03-26 |
| LANGE, Jan Helge | Director | 2023-03-16 | 2024-03-26 |
| MCARTHUR, Neil | Director | 2024-03-26 | 2024-09-23 |
| MOORE, Anthony | Director | 2024-03-26 | 2024-12-31 |
| SANDBERG, Arne Mikael | Director | 2017-01-10 | 2023-03-16 |
| SÖRENSEN, Jens Fredrik | Director | 2023-03-16 | 2024-03-26 |
| WIDING, Tord Christian | Director | 2018-06-25 | 2023-03-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Freedom Fibre Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-03-26 | Active |
| Vx Uk Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-03-08 | Ceased 2024-03-26 |
| Infrabridge Investors (Uk) Limited | Corporate entity | Significant influence | 2023-02-02 | Ceased 2024-03-08 |
| Digitalbridge Group, Inc | Corporate entity | Significant influence | 2023-02-02 | Ceased 2024-03-08 |
| Vnext Ab | Corporate entity | Shares 75–100%, Voting 75–100% | 2017-01-10 | Ceased 2023-02-02 |
Filing timeline
Last 20 of 52 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-29 | AD01 | address | change registered office address company with date old address new address |
| 2026-01-22 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-09-15 | AA | accounts | accounts with accounts type full |
| 2025-01-17 | TM01 | officers | termination director company with name termination date |
| 2025-01-09 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-11-04 | TM01 | officers | termination director company with name termination date |
| 2024-11-04 | AP01 | officers | appoint person director company with name date |
| 2024-06-11 | AA | accounts | accounts with accounts type full |
| 2024-05-28 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-05-28 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2024-03-28 | TM01 | officers | termination director company with name termination date |
| 2024-03-28 | TM01 | officers | termination director company with name termination date |
| 2024-03-28 | TM01 | officers | termination director company with name termination date |
| 2024-03-28 | AP01 | officers | appoint person director company with name date |
| 2024-03-28 | AP01 | officers | appoint person director company with name date |
| 2024-03-28 | AP01 | officers | appoint person director company with name date |
| 2024-03-14 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-03-14 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2024-03-14 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2024-03-13 | AD01 | address | change registered office address company with date old address new address |
Credit score
Altman Z″ (private-firm) · reference 2023-12-31
0.77
DISTRESS
Altman Z″
- Working capital / Total assets -0.157 × 6.56 = -1.03
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.078 × 6.72 = -0.52
- Book equity / Total liabilities 2.215 × 1.05 = +2.33
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory