How much does Be Fibre Ltd make?

Be Fibre Ltd reported revenue of £845k and a loss of £4.2m in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Be Fibre Ltd have?

Be Fibre Ltd reported an average of 48 employees in the year to 31 Dec 2023.

Is Be Fibre Ltd profitable?

No — Be Fibre Ltd reported a loss of £4.2m in the year to 31 Dec 2023.

Company No. 13406629 · Incorporated 18 May 2021

Be Fibre Ltd

Registered name: BE FIBRE LTD

Part of Iris Master Holdco Limited group

Be Fibre Ltd made £845k revenue and a £4.2m loss in the year to 31 Dec 2023.

Be Fibre Ltd’s revenue grew 3904% to £845k in the year to 31 Dec 2023, with a loss of £4.2m and 48 employees. The company is classified under “wired telecommunications activities” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection J · Information and communicationSIC 61100Wired telecommunications activities SIC 61200Wireless telecommunications activities SIC 63110Data processing, hosting and related activities

Status: Active
Location: London, London
Age: 5 yrs · since 2021
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 2023

Key figures

Revenue

£845k

Growth ▲3904%

Profit

−£4.2m

Growth —

Profit margin

−493%

Gross −16.5%

Employees

Change ▲220%

Profit / employee

−£86.8k

Revenue/employee £17.6k

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.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£21.1k	£845k
Cost of sales	£92.3k	£985k
Gross profit	−£71.2k	−£140k
Operating profit	−£2.2m	−£4m
Profit before tax	−£2.3m	−£4.2m
Profit after tax	−£2.3m	−£4.2m
Profit (best available)	−£2.3m	−£4.2m
Staff costs	£1m	£2.1m
Employees (average)	15	48
Ratios
Profit margin	−10864%	−493%
Gross margin	−337.2%	−16.5%
Revenue per employee	£1.4k	£17.6k
Profit per employee	−£153k	−£86.8k
Growth (year on year)
Revenue growth	—	▲3904%
Headcount growth	—	▲220%
Balance sheet — indirect signals, not revenue
Cash at bank	£113k	£147k
Net assets	−£2.4m	−£6.5m
Current assets	£181k	£455k
Debtors	£6.2k	£121k
Source	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Jan 2025

Derived from the latest filing

How the business works

Profit margin: −493%; Profit ÷ revenue.
Gross margin: −16.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £17.6k; Revenue ÷ average employees.
Profit per employee: −£86.8k; 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: 14.3%; 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 −£6.5m
Cash at bank: ▲30%; Now £147k
Headcount: ▲220%; Now 48
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Ownership chain

Iris Master Holdco Limitedultimate parent75–100%
Iris Holdco Limited75–100%
Iris Infra Master Holdco Limited75–100%
Iris Infra Holdco Limited50–75%
Altnet Partners Holdco Limited75–100%
Altnet Partners Limited75–100%
Zzoomm Group Limited75–100%
Zzoomm PLC75–100%
Iris Infra Limited75–100%
Be Fibre Ltdthis company

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

Sister companies (2)

Full Fibre LimitedRev. £1.1m · Profit −£23.1m
Digital Master Holdco LimitedRev. — · Profit −£363k

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 2023 (profit −£4.2m), from the Companies House accounts bulk data published Jan 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.