O2 Holdings Limited
Private Limited Company · Reading
ActiveUnited KingdomIncorporated 1991Private Limited Company
Financial position
Accounts to 2025-12-31 · GBP · Company accounts
Net assets
£5,747,683,000
Cash
£555,000
Turnover
—
Profit / loss
£219,412,000
Current assets
£81,700,000
Creditors < 1 year
−£457,373,000
Equity
£5,747,683,000
Average employees
Not available
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2025-12-31Company · AI-read | 2024-12-31Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £5,747,683,000 | £5,528,285,000 |
| Equity | £5,747,683,000 | £5,528,285,000 |
| Share capital | £13,412,000 | £13,412,000 |
| Retained earnings | £5,734,271,000 | £5,514,873,000 |
| Assets | ||
| Fixed assets | £10,479,015,000 | £10,447,280,000 |
| Investments | £10,479,015,000 | £10,447,280,000 |
| Current assets | £81,700,000 | £21,559,000 |
| Cash at bank | £555,000 | £674,000 |
| Debtors | £81,145,000 | £20,885,000 |
| Liabilities | ||
| Creditors within one year | −£457,373,000 | −£234,395,000 |
| Creditors after one year | −£4,354,179,000 | −£4,704,558,000 |
| Pension scheme surplus / deficit | −£1,480,000 | −£1,601,000 |
| Net current assets | −£375,673,000 | −£212,836,000 |
| Assets less current liabilities | £10,103,342,000 | £10,234,444,000 |
| Profit & loss | ||
| Administrative expenses | −£80,000 | £86,621,000 |
| Operating profit | −£716,873,000 | £86,621,000 |
| Profit before tax | £219,412,000 | −£92,514,000 |
| Profit / loss | £219,412,000 | −£92,514,000 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-12-31 say about themselves, read by AI from the scanned filing.
- Audit
- Subsidiary audit exemption, parent guarantee (s479A)
- Immediate parent
- VMED O2 UK Holdco 4 Limited
- Ultimate parent
- VMED O2 UK Limited
- Ultimate controlling party
- VMED O2 UK Limited
- Accounts
- FRS 101
- Approved
- 2026-09-03, signed by J L Boyle
Subsidiaries (54)
- Granstone Holdco Limited · 50.01% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- O2 Cedar Limited · 100% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- O2 Communications Limited · 100% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- O2 Business Holdings Limited · 70% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- Telefonica UK Limited · 100% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- Telefonica UK Pension Trustee Limited · 100% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- VMED O2 Secretaries Limited · 100% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- VMED O2 UK 8 Limited · 100% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- VMED O2 UK Intermediary Handset Financing Limited · 100% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- 4Com Capital Limited · 70% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- 4Com Group Limited · 70% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- 4Com Network Services Limited · 70% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- 4Com Technologies Limited · 70% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- Alternative Networks Limited · 70% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- Campfire Equipment Rentals Limited · 70% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- Cellular Radio Limited · 100% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- Communicate Better Holdings Limited* · 70% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- Communicate Better Limited · 70% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- Daisy Bidco Limited · 70% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- Daisy Communications Holdings Limited · 70% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- Daisy Communications Ltd · 70% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- Daisy Corporate Services Limited · 70% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- Daisy Finco Limited · 70% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- Daisy Group Limited · 70% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- Daisy Local Business Limited · 70% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- Daisy Midco Limited · 70% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- Daisy Telecoms Limited · 70% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- DX Communications Limited · 100% · The Ca'D'Ore, 45 Gordon Street, Glasgow, United Kingdom, G1 3PE
- giffgaff Limited · 100% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- HiHi Limited · 70% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- O2 Networks Limited · 50.01% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- O2 Redwood Limited · 100% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- O2 Unify Limited · 100% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- OneBillTelecom Limited · 70% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- Pioneer Business Systems Limited · 70% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- Premier Choice Communications Limited · 70% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- Reach Digital Telecoms Ltd · 70% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- Southern Business Communications Ltd** · 70% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- Spiritel Mobile Limited · 70% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- Statiq Limited · 100% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- Telefonica Cybersecurity Tech UK Limited · 100% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- The Mobile Phone Store Limited · 100% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- Virgin Media Business Limited · 70% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- O2 Business Limited (formerly VMED O2 UK 6 Limited) · 70% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- VMED O2 UK 7 Limited · 70% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- Voice Mobile Limited · 70% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- Weve Limited · 100% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- XLN Energy Limited · 70% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- XLN Limited · 70% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
- XLN Pay Limited · 70% · 500 Brook Drive, Reading, United Kingdom, RG2 6UU
Borrowings (7)
- Loan notes owed by group undertakings, falling due within one year · £50,000,000 · interest free · mature on 1 August 2026
- Other amounts owed by group undertakings · interest free · repayable on demand · secured on unsecured
- Loan notes owed to group undertakings, falling due after more than one year · £4,354,179,000 · ranging from 4.67% to 5.38% · mature between 1 June 2030 and 1 August 2033
- Senior secured credit facility: term facilities · £6,221 million · secured on secured against the assets of certain members of the Group
- Senior secured credit facility: revolving credit facilities · £1,378 million · secured on secured against the assets of certain members of the Group
- Senior secured notes · £10,316 million · secured on secured against the assets of certain members of the Group
- Senior notes · approximately £1,124 million
Share classes (1)
- 13,412,218 Ordinary shares fully paid of £1
Events after the year end (1)
- On 24 June 2026, the Company received a cash dividend of £29,994,000 from Granstone Holdco Limited.
Contingent liabilities (1)
- The Company has joint and several liabilities under a group VAT registration.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
1 outstanding chargesFixed · created 2025-08-01
—
Outstanding