AQUA COMMS MANAGEMENT (UK) LIMITED

• ⚠

  Material uncertainty over going concern

  Consequently, the directors have concluded that the uncertainty over the outcome of the potential transaction and its potential impact on the requirement for continuing financial support from the ultimate parent represents a material uncertainty which may cast significant doubt about the group and company's ability to continue as a going concern. The company may, as a consequence, be unable to realise its assets and discharge its liabilities in the normal course of business.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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 101

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“Consequently, the directors have concluded that the uncertainty over the outcome of the potential transaction and its potential impact on the requirement for continuing financial support from the ultimate parent represents a material uncertainty which may cast significant doubt about the group and company's ability to continue as a going concern. The company may, as a consequence, be unable to realise its assets and discharge its liabilities in the normal course of business.”

Significant events

• “In January 2025, the board of Digital 9 Infrastructure fund announced it had signed a binding agreement with EXA Infrastructure, for the divestment of the Aqua Comms Group. The Transaction is subject to multi-jurisdictional regulatory approvals, including competition & merger clearance, which are expected to take approximately 12 months from the date of the binding agreement.”

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

Filings

6

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

  +0.6%

  £4,457,376 → £4,484,062

• Cash

  -66.4%

  £569,311 → £191,253

• Net assets

  +45.5%

  £735,360 → £1,069,681

• Employees

  +52.4%

  21 → 32

• Operating profit

  -0.2%

  £303,188 → £302,446

• Profit before tax

  -3.9%

  £303,256 → £291,319

• Wages

  -20.1%

  £3,182,066 → £2,543,033

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