Lightspeed Fibre Group Ltd
13708580
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 20/07/2023
NON-EXECUTIVE DIRECTOR
AMERICAN · UNITED STATES · Age 55
director · Since 20/07/2023
NON-EXECUTIVE DIRECTOR
AMERICAN · UNITED STATES · Age 49
director · Since 20/07/2023
DIRECTOR
IRISH · UNITED KINGDOM · Age 60
Also on 4 other boards
director · Since 20/07/2023
NON-EXECUTIVE DIRECTOR
AMERICAN · UNITED STATES · Age 55
Also on 4 other boards
Persons with Significant Control
Lightspeed Fibre Holdings Ltd
Office 2b, Westpoint, Lynch Wood, Peterborough, PE2 6FZ
Reg: 13013369 · Companies House · Limited Company
Notified 28/10/2021
Charges1 outstanding
OXANE PARTNERS LIMITED
CompanyRankvs 109557+ SIC 82990 peers22
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
as at least 12 months from the date of signing the financial statements for the year ended 31 December 2024. The directors have made an assessment of the company's ability to continue as a going concern which included the company's cash resources, borrowing facilities, planned network costs, and other expenditure. In accordance with their responsibilities, the directors have
Key FinancialsYear ending 31/12/2024
Net Worth
-£7.0M
Balance sheet strength
Cash
£2.0M
Cash in the bank
Net Current Assets
£50.0M
Working capital
Current Assets
£66.1M
Current Liabilities
£16.1M
Debtors
£64.1M
Profit After Tax
-£992k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 4.10 | -£2.6M |
| 2023 | 231.92 | -£992k |
| 2022 | 143.30 | — |
Derived from filed accounts. Not audited figures.