Vx Fiber Limited
Private Limited Company · Manchester
ActiveUnited KingdomIncorporated 2017Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
£112,400,627
Cash
£269,059
Turnover
£4,889,093
Profit / loss
−£21,579,299
Current assets
£2,788,041
Creditors < 1 year
£11,388,229
Equity
£112,400,627
Average employees
24
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-31Company · AI-read | 2024-12-31Company · AI-read | 2023-12-3112 months | 2022-12-3112 months | 2022-01-01 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|
| Balance sheet | |||||||
| Net assets | £112,400,627 | £133,979,926 | £100,090,442 | £112,381,072 | — | £485,522 | £5,806 |
| Equity | £112,400,627 | £133,979,926 | £100,090,442 | £112,381,072 | £118,384,112 | £485,522 | £5,806 |
| Share capital | £3 | £3 | — | — | — | — | — |
| Retained earnings | −£62,662,027 | −£41,082,728 | — | — | — | — | — |
| Assets | |||||||
| Fixed assets | £121,000,815 | £136,398,405 | £141,503,019 | £131,671,684 | — | £140,041 | £61,609 |
| Property, plant & equipment | £121,000,815 | £136,398,405 | £141,503,019 | £131,671,684 | — | £140,041 | £61,609 |
| Current assets | £2,788,041 | £1,762,751 | £3,774,797 | £4,183,167 | — | £1,523,656 | £333,337 |
| Cash at bank | £269,059 | £164,797 | £143,320 | £383,132 | — | £185,457 | £91,915 |
| Debtors | £2,518,982 | £1,597,954 | — | — | — | — | — |
| Liabilities | |||||||
| Creditors within one year | £11,388,229 | £4,181,230 | £26,650,137 | £12,827,871 | — | £1,178,175 | £389,140 |
| Creditors after one year | — | — | £18,537,237 | £10,645,908 | — | — | — |
| Net current assets | −£8,600,188 | −£2,418,479 | −£22,875,340 | −£8,644,704 | — | £345,481 | −£55,803 |
| Assets less current liabilities | £112,400,627 | £133,979,926 | £118,627,679 | £123,026,980 | — | £485,522 | £5,806 |
| Profit & loss | |||||||
| Turnover | £4,889,093 | £3,471,241 | £4,621,627 | £1,811,728 | — | — | — |
| Cost of sales | £1,713,665 | £1,301,573 | — | — | — | — | — |
| Gross profit | £3,175,428 | £2,169,668 | £3,468,579 | £804,203 | — | — | — |
| Administrative expenses | £24,754,923 | £12,170,908 | — | — | — | — | — |
| Operating profit | −£21,579,495 | −£10,001,240 | −£11,278,542 | −£9,844,684 | — | — | — |
| Interest receivable | £196 | £71 | — | — | — | — | — |
| Profit before tax | −£21,579,299 | −£10,001,169 | −£12,290,630 | −£10,239,180 | — | — | — |
| Profit / loss | −£21,579,299 | −£10,001,169 | −£12,290,630 | −£6,003,040 | — | — | — |
| People & pay | |||||||
| Average employees | 24 | 47 | 116 | 117 | — | — | — |
| Staff costs | £2,912,607 | £1,333,955 | — | — | — | — | — |
| Pension costs | £37,689 | £63,718 | — | — | — | — | — |
| Source evidence | View filing | View filing | View filing | View filing | View filing | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Clean (unmodified)
- Immediate parent
- Freedom Fibre Limited
- Ultimate parent
- Freedom Holdco 1 Limited
- Ultimate controlling party
- Aviva plc
- Accounts
- Small company · FRS 102 Section 1A
- Approved
- 2026-07-30, signed by Darren John Woods
Related parties (4)
- Vnext AB · the company’s former parent undertaking · Purchases · £1,989,180
- Vnext AB · the company’s former parent undertaking · Amount included within amounts owed to related parties · £150,000
- Vnext AB · the company’s former parent undertaking · Purchases · £1,743,912
- Vnext AB · the company’s former parent undertaking · Amount included in trade creditors · £190,210
Events after the year end (1)
- Following regulator approval on 29 April 2026, Freedom Holdco 2 Limited acquired 100% of the issued share capital of Truespeed Communications Limited and County Broadband Limited as part of the merger signed on 4 February 2026.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
0 outstanding chargesNo charges available in our records.