Bigblu Broadband Limited
Satellite telecommunications activities · London
ActiveUnited KingdomIncorporated 2014Private Limited Company
Financial position
Accounts to 2025-11-30 · GBP · Company accounts
Net assets
£9,535,000
Cash
£4,000
Turnover
£156,000
Profit / loss
−£8,738,000
Current assets
£2,136,000
Creditors < 1 year
£918,000
Equity
£9,535,000
Average employees
7
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 | 2025-11-30Company · AI-read | 2024-11-30Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Net assets | £9,535,000 | £24,373,000 |
| Equity | £9,535,000 | £24,373,000 |
| Share capital | £6,539,000 | £8,827,000 |
| Retained earnings | −£2,110,000 | −£19,272,000 |
| Assets | ||
| Fixed assets | £9,002,000 | £6,201,000 |
| Property, plant & equipment | £14,000 | £34,000 |
| Investments | £8,988,000 | £6,167,000 |
| Current assets | £2,136,000 | £26,655,000 |
| Cash at bank | £4,000 | £28,000 |
| Debtors | £2,025,000 | £1,265,000 |
| Stock | £107,000 | £516,000 |
| Liabilities | ||
| Creditors within one year | £918,000 | £7,798,000 |
| Bank loans & overdrafts | — | £6,500,000 |
| Provisions | £685,000 | £685,000 |
| Profit & loss | ||
| Turnover | £156,000 | — |
| Cost of sales | £236,000 | £312,000 |
| Gross profit | −£80,000 | −£312,000 |
| Distribution costs | — | £483,000 |
| Administrative expenses | £2,473,000 | £2,432,000 |
| Other operating income | £477,000 | £463,000 |
| Operating profit | −£8,754,000 | −£5,164,000 |
| Interest receivable | £27,000 | £165,000 |
| Interest payable | £11,000 | £685,000 |
| Profit before tax | −£8,738,000 | −£5,684,000 |
| Profit / loss | −£8,738,000 | −£5,684,000 |
| Operating costs | ||
| Audit fees | £23,000 | £88,000 |
| Cash flow | ||
| Cash from operations | −£1,897,000 | −£4,757,000 |
| Capital expenditure | £1,000 | — |
| People & pay | ||
| Average employees | 7 | 8 |
| Staff costs | £733,000 | £892,000 |
| Wages & salaries | £854,000 | £777,000 |
| Social security costs | £66,000 | £87,000 |
| Pension costs | £13,000 | £28,000 |
| Directors' remuneration | £588,000 | £507,000 |
| Highest paid director | £276,000 | £370,000 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2025-11-30 say about themselves, read by AI from the scanned filing.
- Auditor
- Johnsons Chartered Accountants
- Audit opinion
- Clean (unmodified)
- Accounts
- FRS 102
- Approved
- 2026-09-15, signed by Frank Waters
Subsidiaries (1)
- Brdy Broadband Limited · 100% · Tompkins Wake, Level 11, 41 Shortland St, Auckland, 1140, New Zealand · Provision of telecomms services (entered liquidation subsequent to the reporting date)
Turnover by segment (1)
- Equipment sales: 156 (000s) (2025-11-30)
Related parties (4)
- Brdy Broadband Limited · Subsidiary · Licence fee · No fee was paid in FY25 (FY24: £29k)
- Brdy Broadband Limited · Subsidiary · Services provided by the Company to BRDY · No services were provided in FY25 (FY24: £226k)
- Brdy Broadband Limited · Subsidiary · Services provided by BRDY to the Company · No services were provided in FY25 (FY24: £308k)
- Brdy Broadband Limited · Subsidiary · Broadband products reseller agreements · £Nil in FY25 (FY24: £299k)
Borrowings (2)
- Santander Bank plc revolving credit facility · £6.5m was drawn down at 30 November 2024; repaid in full (000s) · 8.1% including SONIA (Sterling Overnight Index Average) · The final amount repaid was £6.9m, including interest and charges of £0.4m
- Shareholder loan provided by Harwood Capital and BGF · £500k (000s) · Accrued interest · Repaid in full in July 2026
Share classes (2)
- 43,597,018 Ordinary shares of 15p
- 58,847,018 Ordinary shares of 15p
Events after the year end (6)
- The consideration terms relating to the sale of SkyMesh were amended.
- The company sold most of its “Starlink” inventories held and assets representing prepaid stock; impairment charges totalling £701k were recognised through the statement of comprehensive income.
- The cancellation of the admission of the Company's ordinary shares to trading on AIM took effect on 18 December 2025; matched bargain facilities are provided through JP Jenkins.
- The company completed the disposal of the Starlink distribution business to Brdy Telecom for consideration of £400k.
- The liquidation of Bigblu Broadband Limited (New Zealand), which commenced on 15 November 2025, was concluded and the liquidators issued their final report as at 1 May 2026.
- The £500k shareholder loan provided by Harwood Capital and BGF in December 2025, together with accrued interest, was repaid in full in July 2026.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
1 outstanding chargesFloating · created 2025-12-22
—
OutstandingShow 5 satisfied / released
Fixed · created 2020-09-30 · satisfied 2026-03-26
—
SatisfiedFixed · created 2020-09-30 · satisfied 2026-03-26
—
SatisfiedAll Assets · created 2019-12-15 · satisfied 2026-03-26
—
SatisfiedAll Assets · created 2017-03-01 · satisfied 2020-07-07
—
SatisfiedAll Assets · created 2016-01-27 · satisfied 2020-07-07
—
Satisfied