How much does Wildanet Limited make?

Wildanet Limited reported revenue of £2.5m and a loss of £30.2m in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Wildanet Limited have?

Wildanet Limited reported an average of 179 employees in the year to 31 Dec 2025.

Is Wildanet Limited profitable?

No — Wildanet Limited reported a loss of £30.2m in the year to 31 Dec 2025.

Company No. 10586466 · Incorporated 26 Jan 2017

Wildanet Limited

Registered name: WILDANET LIMITED

Part of Gresham House Limited group

Wildanet Limited made £2.5m revenue and a £30.2m loss in the year to 31 Dec 2025.

Wildanet Limited’s revenue grew 43% to £2.5m in the year to 31 Dec 2025, with a loss of £30.2m and 179 employees. The company is classified under “other telecommunications activities” and is based in Liskeard; we hold 3 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 61900Other telecommunications activities

Status: Active
Location: Liskeard, South West
Age: 9 yrs · since 2017
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.

Latest accounts · year to 31 Dec 2025

Key figures

Doing more with less

Revenue

£2.5m

Growth ▲43%

Profit

−£30.2m

Growth —

Profit margin

−1202%

Gross −146.2%

Employees

179

Change ▼15.6%

Profit / employee

−£169k

Revenue/employee £14k

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 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£1.4m	£1.8m	£2.5m
Cost of sales	£3m	£4.9m	£6.2m
Gross profit	−£1.6m	−£3.2m	−£3.7m
Operating profit	−£9.1m	−£63.3m	−£14.5m
Profit before tax	−£14.1m	−£74.3m	−£30.2m
Profit after tax	−£13.9m	−£74.3m	−£30.2m
Profit (best available)	−£13.9m	−£74.3m	−£30.2m
Staff costs	£4.8m	£6.8m	—
Employees (average)	184	212	179
Ratios
Profit margin	−1017%	−4226%	−1202%
Gross margin	−115.9%	−179.7%	−146.2%
Revenue per employee	£7.4k	£8.3k	£14k
Profit per employee	−£75.6k	−£350k	−£169k
Growth (year on year)
Revenue growth	—	▲28.5%	▲43%
Headcount growth	—	▲15.2%	▼15.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£685k	£3.3m	£6.6m
Net assets	−£14.5m	−£85.1m	−£115m
Fixed assets	£60.2m	£37m	£44.7m
Current assets	£4.1m	£9m	—
Debtors	£17.6k	£53.4k	£456k
Deferred income	£2.2m	£4.8m	£6.6m
Source	FullAccounts · bulk data Aug 2026	FullAccounts · bulk data Aug 2026	FullAccounts · bulk data Aug 2026

Derived from the latest filing

How the business works

Profit margin: −1202%; Profit ÷ revenue.
Gross margin: −146.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £14k; Revenue ÷ average employees.
Profit per employee: −£169k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1778%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 263.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18.1%; 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 −£115m
Cash at bank: ▲99%; Now £6.6m
Headcount: ▼16%; Now 179
Deferred income: ▲37%; Now £6.6m
Fixed assets: ▲21%; Now £44.7m

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

Gresham House Limitedultimate parent75–100%
Gresham House Holdings Limited75–100%
Wildanet Holdco Limited75–100%
Wildanet Midco 1 Limited75–100%
Wildanet Midco 2 Limited75–100%
Wildanet Limitedthis company

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

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit −£30.2m), from the Companies House accounts bulk data published Aug 2026. 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.