How much does County Broadband Ltd make?

County Broadband Ltd reported revenue of £6.7m and a loss of £28.4m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does County Broadband Ltd have?

County Broadband Ltd reported an average of 132 employees in the year to 31 Dec 2024.

Is County Broadband Ltd profitable?

No — County Broadband Ltd reported a loss of £28.4m in the year to 31 Dec 2024.

Company No. 04666043 · Incorporated 13 Feb 2003

County Broadband Ltd

Registered name: COUNTY BROADBAND LTD

Part of Aviva PLC group

County Broadband Ltd made £6.7m revenue and a £28.4m loss in the year to 31 Dec 2024. read from filing text

County Broadband Ltd’s revenue grew 41% to £6.7m in the year to 31 Dec 2024, with a loss of £28.4m and 132 employees. The company is classified under “wired telecommunications activities” and is based in Colchester; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 61100Wired telecommunications activities SIC 61200Wireless telecommunications activities

Status: Active
Location: Colchester, East of England
Age: 23 yrs · since 2003
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The”

Latest accounts · year to 31 Dec 2024

Key figures

Doing more with less

Revenue

£6.7m

Growth ▲40.5%

Profit

−£28.4m

Growth —

Profit margin

−426.2%

Gross 69.1%

Employees

132

Change ▼52.3%

Profit / employee

−£215k

Revenue/employee £50.5k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£4.7m	£4.7m	£6.7m
Cost of sales	£2.2m	£3.9m	£2.1m
Gross profit	£2.5m	£887k	£4.6m
Operating profit	−£12.2m	−£19.4m	−£17.6m
Profit before tax	−£17.3m	−£27.7m	−£28.4m
Profit after tax	−£17.3m	−£27.7m	−£28.4m
Profit (best available)	−£17.3m	−£27.7m	−£28.4m
Employees (average)	192	277	132
Ratios
Profit margin	−368.9%	−585%	−426.2%
Gross margin	53.8%	18.7%	69.1%
Revenue per employee	£24.4k	£17.1k	£50.5k
Profit per employee	−£90k	−£100k	−£215k
Growth (year on year)
Revenue growth	—	▲1.2%	▲40.5%
Headcount growth	—	▲44.3%	▼52.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£5.1m	£1.4m	£1m
Net assets	−£35.8m	−£63.6m	−£92m
Fixed assets	£39.6m	£56.7m	£54.5m
Current assets	£6.1m	£2.3m	£3.1m
Debtors	£435k	£358k	£399k
Deferred income	£1.2m	£2.4m	£1.1m
Source	Accounts · bulk data Apr 2024	Accounts · bulk data Apr 2024	FullAccounts · bulk data Jul 2025

Derived from the latest filing

How the business works

Profit margin: −426.2%; Profit ÷ revenue.
Gross margin: 69.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £50.5k; Revenue ÷ average employees.
Profit per employee: −£215k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 818%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 16.6%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 6%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now −£92m
Cash at bank: ▼28%; Now £1m
Headcount: ▼52%; Now 132
Deferred income: ▼54%; Now £1.1m
Fixed assets: ▼4%; Now £54.5m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Aviva PLCultimate parent75–100%
Aviva Group Holdings Limited75–100%
Aviva Investors Holdings Limited75–100%
Aviva Investors Real Estate Limited75–100%
Aviva Investors Infrastructure GP Limited50–75%
Aviva Investors Infrastructure Income No.6a1 Limited50–75%
Aviva Investors Infrastructure Income NO.6 Limited75–100%
Truespeed Holdings Limited75–100%
Truespeed Communications Group Limited50–75%
Freedom Holdco 2 Limited75–100%
County Broadband Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (2)

Truespeed Communications LtdRev. £11.6m · Profit −£27.6m
Freedom Fibre LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£28.4m), from the Companies House accounts bulk data published Jul 2025. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.