CompanyTrack
G

G.NETWORK COMMUNICATIONS LIMITED

Dissolved Brighton

Wired telecommunications activities

480 employees Website
Information technology, telecommunications and data Wired telecommunications activities
G

G.NETWORK COMMUNICATIONS LIMITED

Wired telecommunications activities

Founded 11 Mar 2016 Dissolved Brighton, United Kingdom 480 employees g.network
Information technology, telecommunications and data Wired telecommunications activities
Accounts Submitted 13 Aug 2024
Confirmation Statement Submitted 21 Mar 2025
Net assets £45.20M £63.72M 2023 year on year
Total assets £453.08M £58.71M 2023 year on year
Total Liabilities £407.88M £122.42M 2023 year on year
Charges 5
1 outstanding 4 satisfied

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Contact & Details

Registered Address

Suite 3 Avery House 69 North Street Brighton BN41 1DH

Office (London)

69 Wilson St, London EC2A 2BB

Website

g.network

Credit Report

Discover G.NETWORK COMMUNICATIONS LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

Financials

Financials

Period 1 Jan → 31 Dec 2023
Type Total Exemption Full
Next accounts 31 December 2024
Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2020–2023)

Cash in Bank

£49.59M

Increased by £27.78M (+127%)

Net Assets

£45.20M

Decreased by £63.72M (-59%)

Total Liabilities

£407.88M

Increased by £122.42M (+43%)

Turnover

£10.16M

Increased by £3.74M (+58%)

Employees

480

Decreased by 265 (-36%)

Debt Ratio

90%

Increased by 18 (+25%)

Financial History

Revenue, profit, EBITDA and key financial figures

2023
Dec Year End
2022
Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Share Capital

Share Capital

Share allotments and capital structure

18 Allotments 7,285,435 Shares £9754924.48m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
16 May 2022156,824£1005093.55m£6.41m
22 Feb 2022335,292£4593510.83m£13.70m
6 Jan 2022354,871£14.50m£40.86
30 Nov 2021328,601£13.43m£40.86
30 Sept 2021385,463£15.75m£40.86

Officers

Officers

5 active 18 resigned
Status
Andrew Neil MarshallDirectorBritishUnited Kingdom6030 Jan 2025Active
Graeme Drostan MillarDirectorBritishJersey591 Sept 2024Active
Kevin Matthew MurphyDirectorIrishEngland574 Jul 2022Active
Robert Nicholas Alan HewsonDirectorBritishUnited Kingdom4916 Dec 2020Active
Stephen AndrewsDirectorBritishUnited Kingdom6811 Dec 2023Active

Shareholders

Shareholders (1)

G.network Communications London Limited
100.0%
8,992,29721 Mar 2023

Persons with Significant Control

Persons with Significant Control (1)

1 Active 4 Ceased

G.network Communications London Limited

United Kingdom

Active
Notified 3 Dec 2020
Nature of Control
  • Ownership Of Shares 75 To 100 Percent
  • Voting Rights 75 To 100 Percent
  • Right To Appoint And Remove Directors

Cube Fibre London Limited

Ceased 10 Nov 2020

Ceased

Sasho Veselinski

Ceased 18 Aug 2017

Ceased

David Michael Sangster

Ceased 18 Aug 2017

Ceased

G.network Uk Communications Limited

Ceased 3 Dec 2020

Ceased

Group Structure

Group Structure

G.NETWORK COMMUNICATIONS LONDON LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
TUBE REALISATIONS LIMITED united kingdom shares 50 to 75 percent, voting rights 25 to 50 percent
PREFECT HOLDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
DENT TOPCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
L5 INVESTMENT HOLDINGS LP united kingdom part right to share surplus assets 75 to 100 percent
L5 INVESTMENT HOLDINGS GP LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
L3 INVESTMENT HOLDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors
G.NETWORK COMMUNICATIONS LIMITED Current Company
BUILDFORCE CONSTRUCTION LIMITED united kingdom significant influence or control

Charges

Charges

1 outstanding 4 satisfied

Documents

Company Filings

DateCategoryDescriptionDocument
21 Mar 2025Confirmation StatementConfirmation statement made on 2025-03-10 with no updatesView(3 pages)
7 Feb 2025OfficersTermination of Roderick Day as director on 2025-01-30View(1 page)
7 Feb 2025OfficersAppointment of Andrew Neil Marshall as director on 2025-01-30View(2 pages)
11 Nov 2024OfficersTermination of Aurélien Karim François Roelens as director on 2024-11-07View(1 page)
4 Sept 2024OfficersAppointment of Graeme Drostan Millar as director on 2024-09-01View(2 pages)
21 Mar 2025 Confirmation Statement

Confirmation statement made on 2025-03-10 with no updates

7 Feb 2025 Officers

Termination of Roderick Day as director on 2025-01-30

7 Feb 2025 Officers

Appointment of Andrew Neil Marshall as director on 2025-01-30

11 Nov 2024 Officers

Termination of Aurélien Karim François Roelens as director on 2024-11-07

4 Sept 2024 Officers

Appointment of Graeme Drostan Millar as director on 2024-09-01

Recent Activity

Latest Activity

Confirmation statement made on 2025-03-10 with no updates

11 months ago on 21 Mar 2025

Termination of Roderick Day as director on 2025-01-30

1 years ago on 7 Feb 2025

Appointment of Andrew Neil Marshall as director on 2025-01-30

1 years ago on 7 Feb 2025

Termination of Aurélien Karim François Roelens as director on 2024-11-07

1 years ago on 11 Nov 2024

Appointment of Graeme Drostan Millar as director on 2024-09-01

1 years ago on 4 Sept 2024