LIGHTSPEED NETWORKS LTD Financials
- Company number
- 08671303CopyCopy
- Registered office
- Office 2b, Westpoint, Lynch Wood, Peterborough PE2 6FZ
- Incorporated
- 02/09/2013
Company snapshot
- Status
- Active
- Employees
- 0 (2025)
- Latest financial data
- 2025
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-60.99%vs 20242024: £-46.97M
Total Assets
29.58%vs 20242024: £188.01M
Cash in Bank
-54.30%vs 20242024: £1.19M
Total Liabilities
39.15%vs 20242024: £143.58M
Employees
0vs 20242024: 0
In 2025, LIGHTSPEED NETWORKS LTD reported net assets of £-75.61M. The same filing shows total assets of £243.62M, cash in bank of £545.91K and total liabilities of £199.79M. Reported headcount was 0 in 2025. Total Liabilities rose from £143.58M in 2024 to £199.79M in 2025 (39.15%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-60.99%from £-46.97M in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures LIGHTSPEED NETWORKS LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
Decreasedvs 2023Cash in Bank
+207%vs 2023+75.3% a year compound (CAGR)
Total Assets
+67.5%vs 2023+29.4% a year compound (CAGR)
Total Liabilities
+98.7%vs 2023+41% a year compound (CAGR)
Employees
-100%vs 2023-53Biggest increase
Cash in Bank+207%
£177.58K in 2023 to £545.91K in 2025
Biggest decrease
Employees-100%
53 in 2023 to 0 in 2025
LIGHTSPEED NETWORKS LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from LIGHTSPEED NETWORKS LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- -31.04%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 82.01%2025
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 0.27%2025
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 0.22%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for LIGHTSPEED NETWORKS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | -238.60K | -6.45M | -27.07M | -46.97M | -75.61M |
| Total Assets£ | 21.21M | 118.27M | 145.45M | 188.01M | 243.62M |
| Cash in Bank£ | 93.94K | 720.26K | 177.58K | 1.19M | 545.91K |
| Total Liabilities£ | 11.84M | 67.04M | 100.53M | 143.58M | 199.79M |
| Employees | 5 | 54 | 53 | 0 | 0 |
LIGHTSPEED NETWORKS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for LIGHTSPEED NETWORKS LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
LIGHTSPEED NETWORKS LTD reported net assets of £-75.61M for 2025. That compares with £-46.97M in 2024, a change of -60.99%.
LIGHTSPEED NETWORKS LTD reported total assets of £243.62M for 2025. That compares with £188.01M in 2024, a change of 29.58%.
LIGHTSPEED NETWORKS LTD reported cash in bank of £545.91K for 2025. That compares with £1.19M in 2024, a change of -54.30%.
LIGHTSPEED NETWORKS LTD reported 0 employees in 2025, compared with 0 in 2024.
Between 2023 and 2025, LIGHTSPEED NETWORKS LTD's cash in bank rose by 207%, total assets rose by 67.5%, total liabilities rose by 98.7% and employee numbers fell by 100%. Cash in bank compounded at 75.3% a year across the two years to 2025, from £177.58K to £545.91K. Reported headcount went from 53 in 2023 to 0 in 2025 (-53).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.