How much does Lit Fibre Group Ltd make?

Lit Fibre Group Ltd reported revenue of £0 and a loss of £15.3m in the year to 31 Dec 2024, according to its accounts filed at Companies House.

Is Lit Fibre Group Ltd profitable?

No — Lit Fibre Group Ltd reported a loss of £15.3m in the year to 31 Dec 2024.

Company No. 12560467 · Incorporated 16 Apr 2020

Lit Fibre Group Ltd

Registered name: LIT FIBRE GROUP LTD

Part of Connect Infrastructure Topco Limited group

Lit Fibre Group Ltd made £0 revenue and a £15.3m loss in the year to 31 Dec 2024.

Lit Fibre Group Ltd’s revenue was £0 in the year to 31 Dec 2024, with a loss of £15.3m. The company is classified under “wired telecommunications activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSIC 61100Wired telecommunications activities

Status: Active
Location: London
Age: 6 yrs · since 2020
Type: Private Limited Company

Latest accounts · year to 31 Dec 2024

Key figures

Revenue

£0

Growth —

Profit

−£15.3m

Growth —

Profit margin

—

Employees

—

Change —

Profit / employee

—

Profitable streak

0yrs

Consecutive profitable years in our data

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£0	£0
Cost of sales	−£1.9m	−£157k
Operating profit	−£10.6m	−£15m
Profit before tax	−£10.7m	−£15.3m
Profit after tax	−£10.7m	−£15.3m
Profit (best available)	−£10.7m	−£15.3m
Employees (average)	—	—
Ratios
Profit margin	—	—
Balance sheet — indirect signals, not revenue
Net assets	—	—
Source	Accounts · bulk data Oct 2025	Accounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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 —
Cash at bank: —; Now —
Headcount: —; Now —
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Connect Infrastructure Topco Limitedultimate parent75–100%
Connect Infrastructure Bidco Limited75–100%
Cityfibre Holdco Limited75–100%
Cityfibre Infrastructure Holdings Limited75–100%
Cityfibre Holdings Limited75–100%
Cityfibre Networks Limited75–100%
Cityfibre Limited75–100%
Lit Fibre Group Ltdthis company

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

Sister companies (3)

Connect Infraco LimitedRev. £1.7m · Profit −£15.3m
Bolt Pro Tem LimitedFigures not disclosed
Fibrecity Bournemouth LtdFigures not disclosed

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

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2024 (profit −£15.3m), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.

Updated from Companies House on 22 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.