LIGHTNING FIBRE LIMITED - Profile & Financials

Accounts Submitted

Confirmation Statement Submitted 24 Jan 2024

Net assets £-5.17M £3.99M 2021 year on year

Total assets £18.01M £14.83M 2021 year on year

Total Liabilities £23.18M £18.82M 2021 year on year

Charges 3

3 outstanding

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Contact & Details

Contact

Update Details

Registered Address

2nd Floor 110 Cannon Street London EC4N 6EU

Office (Eastbourne)

Unit 3-4, Technology Business Park, Moy Ave, Eastbourne BN22 8LD

Office (Polegate)

Unit 17 Connect 27 Business Park, Twin Oaks Drive, BN26 6GP

Telephone

0132 338 0260

ask@lightningfibre.co.uk

Website

lightningfibre.co.uk

Credit Report

Discover LIGHTNING FIBRE LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2021

Type Total Exemption Full

Next accounts 31 December 2022

Due by 30 September 2023 9 months

Net Assets, Total Assets & Total Liabilities (2018–2021)

Cash in Bank

£2.66M

Increased by £2.10M (+376%)

Net Assets

-£5.17M

Decreased by £3.99M (-336%)

Total Liabilities

£23.18M

Increased by £18.82M (+431%)

Turnover

N/A

Employees

Increased by 52 (+578%)

Debt Ratio

129%

Decreased by 8 (-6%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2021 Dec Year End	2020 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 allotments and capital structure

9 Allotments 40,819,920 Shares £40.82m Total

Date From	Share Class	Shares Allotted	Amount Raised	Price/Share
21 Dec 2023	PREFERENCE	809,960	£810k	£1
21 Dec 2023	PREFERENCE	809,960	£810k	£1
6 Oct 2023	PREFERENCE	4,000,000	£4.00m	£1
22 Aug 2023	PREFERENCE	3,000,000	£3.00m	£1
27 Jul 2023	PREFERENCE	3,000,000	£3.00m	£1

Officers

3 active 4 resigned

Show resigned officers

						Status
Amit Rishi Jaysukh Thakrar	Director	British	England	38	24 Feb 2022	Active
Simon Mark Bonini	Director	British	Malta	64	2 Oct 2020	Active
Timothy Mark Passingham	Director	English	England	50	30 Sept 2021	Active

Shareholders

Shareholders (2)


Foresight Fibre Holdco Limited	99.2%	14,200,000	Preference	13 Jan 2023
Lightning Fibre Holdco Limited	0.8%	115,833	Ordinary	13 Jan 2023

Persons with Significant Control

Persons with Significant Control (1)

1 Active 3 Ceased

Foresight Fibre Holdco Limited

United Kingdom

Active

Notified 2 Sept 2022

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

Benjamin Peter Ferriman

Ceased 2 Oct 2020

Ceased

Lightning Fibre Holdco Limited

Ceased 2 Sept 2022

Ceased

Simon Mark Bonini

Ceased 2 Oct 2020

Ceased

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Group Structure

FORESIGHT FIBRE HOLDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

BLACKMEAD INFRASTRUCTURE LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors, significant influence or control as firm

AVERON PARK LIMITED united kingdom

LIGHTNING FIBRE LIMITED Current Company

Charges

3 outstanding

Documents

Company Filings

Date	Category	Description	Document
22 Sept 2025	Insolvency	Liquidation In Administration Progress Report	View(25 pages)
21 Mar 2025	Insolvency	Liquidation In Administration Progress Report	View(25 pages)
19 Feb 2025	Insolvency	Liquidation In Administration Extension Of Period	View(3 pages)
20 Sept 2024	Insolvency	Liquidation In Administration Progress Report	View(29 pages)
30 Mar 2024	Insolvency	Liquidation In Administration Proposals	View(54 pages)