How much does Fibre Assets Limited make?

Fibre Assets Limited reported revenue of £1.4m and a loss of £17.4m in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Fibre Assets Limited have?

Fibre Assets Limited reported an average of 175 employees in the year to 31 Mar 2025.

Is Fibre Assets Limited profitable?

No — Fibre Assets Limited reported a loss of £17.4m in the year to 31 Mar 2025.

Company No. 11156085 · Incorporated 17 Jan 2018

Fibre Assets Limited

Registered name: FIBRE ASSETS LIMITED

Part of Averon Park Limited group

Fibre Assets Limited made £1.4m revenue and a £17.4m loss in the year to 31 Mar 2025.

Fibre Assets Limited’s revenue grew 624% to £1.4m in the year to 31 Mar 2025, with a loss of £17.4m and 175 employees. The company is classified under “wired telecommunications activities” and is based in London; we hold 4 years of its filed accounts.

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

Status: Active
Location: London, London
Age: 8 yrs · since 2018
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 Mar 2025

Key figures

Revenue

£1.4m

Growth ▲623.9%

Profit

−£17.4m

Growth —

Profit margin

−1269%

Gross −95.3%

Employees

175

Change ▲25.9%

Profit / employee

−£99.2k

Revenue/employee £7.8k

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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Profit only	Profit only	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	—	—	£189k	£1.4m
Cost of sales	—	—	£1.7m	£2.7m
Gross profit	—	—	−£1.5m	−£1.3m
Operating profit	—	—	−£11.5m	−£14.9m
Profit before tax	—	—	−£12.8m	−£17.4m
Profit after tax	−£940k	−£5.2m	−£12.2m	−£17.4m
Profit (best available)	−£940k	−£5.2m	−£12.2m	−£17.4m
Staff costs	—	—	£5m	£5.9m
Employees (average)	9	40	139	175
Ratios
Profit margin	—	—	−6484%	−1269%
Gross margin	—	—	−783.4%	−95.3%
Revenue per employee	—	—	£1.4k	£7.8k
Profit per employee	−£104k	−£130k	−£88.1k	−£99.2k
Growth (year on year)
Revenue growth	—	—	—	▲623.9%
Headcount growth	—	—	▲247.5%	▲25.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.4m	£6.4m	£3.3m	£1.8m
Net assets	−£805k	−£6m	−£18.2m	−£35.6m
Fixed assets	£270k	£8.4m	£36.6m	£70m
Current assets	£1.5m	£7.7m	£6.9m	£5.3m
Debtors	£460	£2.8k	£33.5k	£17.2k
Deferred income	£52.2k	£258k	£2.4m	£10.9m
Source	Accounts · bulk data Nov 2023	Accounts · bulk data Nov 2023	Accounts · bulk data Nov 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: −1269%; Profit ÷ revenue.
Gross margin: −95.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £7.8k; Revenue ÷ average employees.
Profit per employee: −£99.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5118%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 795%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 1.3%; 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 −£35.6m
Cash at bank: ▼45%; Now £1.8m
Headcount: ▲26%; Now 175
Deferred income: ▲347%; Now £10.9m
Fixed assets: ▲91%; Now £70m

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

Averon Park Limitedultimate parent75–100%
Blackmead Infrastructure Limited75–100%
Foresight Fibre Holdco Limited50–75%
Fibre Assets Holdco Limited75–100%
Fibre Assets 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

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£17.4m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 15 Oct 2026

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