CityFibre: who owns it, who runs it and what the accounts show

CityFibre builds and runs full-fibre broadband networks in towns and cities across the UK, selling access on a wholesale basis to broadband providers rather than to households directly. It makes money from the fees internet providers pay to use its network to serve their own customers, as well as from connections for businesses and public sector sites. It positions itself as an alternative national network to Openreach. It was founded in 2011 and is privately owned by infrastructure investors.

In brief: full-fibre network · wholesale only · alternative to Openreach · privately owned

The Companies House register records Cityfibre Holdco Limited as the person with significant control of CityFibre Infrastructure Holdings Limited, company number 08772997. Cityfibre Holdco Limited is itself company number 11722699.

That places CityFibre Infrastructure Holdings Limited inside a larger group. Its accounts are group accounts, covering the companies it owns as well.

The Companies House register lists 7 current officers for CityFibre Infrastructure Holdings Limited.

CityFibre Infrastructure Holdings Limited reported turnover of £134m in the year to December 2024. That was up 34.3% on £100m the year before.

It reported 1,594 employees. The year before it reported 1,876.

It filed a pre-tax loss of £360m for the year, against a pre-tax loss of £316m the year before.

Staff costs came to £142m. That is an average of £89,000 a head. It ended the year with £85m at the bank and net assets of £538m.

CityFibre Infrastructure Holdings Limited has registered 12 charges at Companies House, of which 2 are still outstanding. A charge is security a lender takes over a company's assets; one is satisfied when the lending behind it is repaid or released.