Lumen Technologies Solutions UK Limited

Active14849638Information & communicationIncorporated 5 May 2023 · Harrogate

The Company is an indirect subsidiary of Lumen Technologies, Inc. (“Lumen”), an international facilities-based technology and communications company that provides a broad array of integrated products and services to our global business customers, as well as mass markets customers in North America. The activity of the Company is to provide internal support services to Lumen’s US operations via its Transfer Pricing Agreement with Level 3 Communications, LLC (US). These services are on an as-need basis to support Lumen’s global operations. Lumen is currently focusing its attention on a number of operational and financial objectives, including: (1) growing free cash flow per share as it believes that it has the ability to drive that growth, first through synergy achievement, and then through ongoing efficiencies and profitable revenue growth over the long term; (2) continuing growth in adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization; (3) strong free cash flow generation; (4) achieving the expected operating expense and capital cost savings; (5) investing in the products, services and customer experience platforms necessary to meet the connectivity and managed services needs of the business market; (6) focusing on customers’ needs and improving overall customer experience; (7) concentrating its capital expenditures on those technologies and assets that enable the Group to increase its core network services revenue; and (8) managing the wholesale voice services for margin contribution. On November 1, 2023, certain of Lumen’s affiliates sold the majority of its operations in Europe, the Middle East and Africa (“EMEA”) to Colt Technology Services Group Limited. The Company was formed to support Lumen’s products based on capabilities within the UK. The results of the Company are consolidated into Lumen Technologies, Inc., whose accounts can be obtained from Investor Relations, Lumen Technologies, Inc., 100 CenturyLink Drive, Monroe Louisiana, United States of America.

Revenue

£12.9m

No comparable prior period

Profit after tax

£717k

Margin 4.9%

Employees

79

— vs prior ~12m period

Net assets

£3.4m

Total assets £7.8m

Financial history

Revenue by accounting period

2 periods available · ▲ growth ▼ decline

Dec 2023
£5.6m
Dec 2024
£12.9m▲ +131.9%
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Dec 2024£12.9m▲ +131.9%£655k79£3.4m
31 Dec 2023£5.6m—£330k60£2.7m

Latest available figures

Period ending 31 Dec 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

Profit & loss

Revenue
£12.9m
Gross profit
£12.9m
Operating profit
£628k
Profit before tax
£655k
Profit after tax
£717k

Balance sheet

Total assets
£7.8m
Cash
£1.9m
Total liabilities
£4.5m
Net assets
£3.4m
Revenue per employee
£163k

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