Truespeed Communications Ltd
Active09187893Information & communicationIncorporated 28 Aug 2014 · Bath
The principal activity of the company in the year under review was that of telecoms and provision of internet services.
Revenue
£5.4m
▲ +48.1% vs prior ~12m period
Profit after tax
-£12.9m
Margin -114.8%
Employees
130
▼ -1.5% vs prior ~12m period
Net assets
-£135.8m
Total assets £85.1m
Financial history
Revenue by accounting period
7 periods available · ▲ growth ▼ decline
Dec 2019Not available
Dec 2020
£3.7m
Dec 2021
£5.4m▲ +48.1%
Dec 2022Not available
Dec 2023Not available
Dec 2024Not available
Dec 2025Not available
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2025 | — | — | -£27.6m | 130 | -£135.8m |
| 31 Dec 2024 | — | — | -£25.0m | 132 | -£109.9m |
| 31 Dec 2023 | — | — | -£25.7m | 220 | -£84.9m |
| 31 Dec 2022 | — | — | -£17.6m | 176 | -£59.2m |
| 31 Dec 2021 | £5.4m | ▲ +48.1% | -£12.9m | 138 | -£41.6m |
| 31 Dec 2020 | £3.7m | — | -£11.9m | 123 | -£28.6m |
| 31 Dec 2019 | — | — | — | — | -£16.7m |
Latest available figures
Period ending 31 Dec 2021. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £5.4m
- Gross profit
- £3.6m
- Operating profit
- -£6.2m
- Profit before tax
- -£12.9m
- Profit after tax
- -£12.9m
Balance sheet
- Total assets
- £85.1m
- Cash
- £1.1m
- Total liabilities
- £221.0m
- Net assets
- -£135.8m
- Revenue per employee
- Not available
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