Virgin Media O2: who owns it, who runs it and what the accounts show
Vmed O2 UK Limited's person with significant control on the Companies House register is Liberty Global Europe 2 Limited. In the year to December 2025 Vmed O2 UK Limited reported turnover of £10,113m.
- In the year to December 2025, Virgin Media O2 had turnover of £10,113m, down 5.3% on the year before.
- It made a pre-tax loss of £1,754m, losing £17.34 of every £100 of sales.
- It employed an average of 17,058 people, with staff costs of £1,235m.
- Vmed O2 UK Limited is controlled by Liberty Global Europe 2 Limited, according to the Companies House register.
- These figures are from Vmed O2 UK Limited's group accounts for the year to December 2025, filed at Companies House on 4 May 2026.
- Registered name
- VMED O2 UK LIMITED
- Company number
- 12580944
- Status
- Active
- Incorporated
- 30 April 2020
- Registered office area
- Reading
- Industry code on the register
- 70100: Activities of head offices; management consultancy activities
- Accounts
- Group accounts, covering the companies it owns
- Accounts type
- Full group accounts
- Latest accounts
- Year to December 2025, filed 4 May 2026
What does Virgin Media O2 do?
Virgin Media O2 provides mobile, broadband, TV and home phone services to UK households and businesses. It sells under two consumer brands: O2 for mobile and Virgin Media for broadband and TV over its own cable and fibre network. It makes money from monthly contracts and bundles that combine services. The company was formed in 2021 as a joint venture between Liberty Global and Telefónica, and trades through VMED O2 UK Limited.
In brief: telecoms · mobile, broadband and TV · O2 and Virgin Media brands · Liberty Global and Telefónica joint venture
Source: Spark Intel editorial, checked 24 September 2026. Official website: virginmediao2.co.uk.
Who owns Virgin Media O2?
The Companies House register records Liberty Global Europe 2 Limited as the person with significant control of Vmed O2 UK Limited, company number 12580944. Liberty Global Europe 2 Limited is itself company number 08380130.
That places Vmed O2 UK Limited inside a larger group. Its accounts are group accounts, covering the companies it owns as well.
The full ownership record is on the Companies House register. Control is given in the bands the register uses, not as exact shareholdings.
Who runs Virgin Media O2?
The Companies House register lists 9 current officers for Vmed O2 UK Limited.
All 9 current officers
| Officer | Appointed |
|---|---|
| Charles Henry Rowland Bracken | 30 April 2020 |
| Michael Thomas Fries | 1 June 2021 |
| Enrique Rodriguez | 1 June 2021 |
| Ángel Vilá Boix | 1 June 2021 |
| Enrique Medina Malo | 1 June 2021 |
| Andrea Vincenzo Salvato | 1 June 2021 |
| Marc Thomas Murtra Millar | 18 January 2025 |
| Emilio Gayo Rodriguez | 24 March 2025 |
| Juan Azcue Vich | 22 January 2026 |
Every current officer, with appointment dates, is on the Companies House register.
What did Virgin Media O2 file?
Vmed O2 UK Limited reported turnover of £10,113m in the year to December 2025. That was down 5.3% on £10,681m the year before.
It reported 17,058 employees. The year before it reported 15,932.
It filed a pre-tax loss of £1,754m for the year, against a pre-tax profit of £2m the year before.
Staff costs came to £1,235m. That is an average of £72,000 a head. It ended the year with £574m at the bank and net assets of £10,923m. It paid dividends of £483m.
| Measure | Dec 2025 | Dec 2024 |
|---|---|---|
| Turnover | £10,113m | £10,681m |
| Pre-tax profit | -£1,754m (filed) | £2m (filed) |
| Employees | 17,058 | 15,932 |
| Staff costs | £1,235m | £1,065m |
| Average staff cost per head | £72,000 | £67,000 |
| Bank and cash | £574m | £1,128m |
| Net assets | £10,923m | £12,598m |
| Dividends paid | £483m | £850m |
| Interest paid | £2,291m | |
| Interest received | £817m |
Read the accounts to December 2025 (PDF, Companies House) · every accounts filing
What do these figures mean? Turnover vs profit · Profit per £100 · Cash vs profit · Net assets · Group accounts
Are there any charges against Virgin Media O2?
Vmed O2 UK Limited has registered 2 charges at Companies House, of which 1 is 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.
The outstanding charge
| Charge holder | Created |
|---|---|
| Bank Mendes Gans N.V. | 3 July 2024 |
Each charge, with its holder and dates, is on the Companies House register.
How Virgin Media O2 compares
Of the 10 broadband and mobile, Virgin Media O2 is 3rd on turnover, 6th on profit margin and 8th on growth. EE keeps the most of every £100 of sales: £26.80.
| Rank | Broadband and mobile | Turnover | Profit per £100 |
|---|---|---|---|
| 1st | BT | £19,654m | £10.60 |
| 3rd | Virgin Media O2 | £10,113m | −£17.34 |
| + 8 more broadband and mobile ranked |
Ranked by turnover. Profit per £100 is pre-tax profit for every £100 of turnover, shown only where the profit is filed.
Virgin Media O2 files as Vmed O2 UK Limited, whose person with significant control is Liberty Global Europe 2 Limited, with turnover of £10,113m in its latest filed year.
Questions about Virgin Media O2
What does Virgin Media O2 do?
Virgin Media O2 provides mobile, broadband, TV and home phone services to UK households and businesses. It sells under two consumer brands: O2 for mobile and Virgin Media for broadband and TV over its own cable and fibre network. It makes money from monthly contracts and bundles that combine services. The company was formed in 2021 as a joint venture between Liberty Global and Telefónica, and trades through VMED O2 UK Limited.
Is Virgin Media O2 bigger than BT?
No, by turnover. Virgin Media O2 reported £10,113m in its latest accounts, against £19,654m at BT. Our BT v Virgin Media O2 page compares the two on profit, margin, growth and staff. BT v Virgin Media O2 →
How does Virgin Media O2 compare with its rivals?
By turnover, Virgin Media O2 is 3rd of the 10 companies in our battle of broadband and mobile, behind BT. The battle ranks them on turnover, pre-tax profit, margin, growth and net assets. The battle of broadband and mobile →
Who owns Virgin Media O2?
The Companies House register records Liberty Global Europe 2 Limited as the person with significant control of Vmed O2 UK Limited.
How much does Virgin Media O2 make?
Vmed O2 UK Limited reported turnover of £10,113m in the year to December 2025. It filed a pre-tax loss of £1,754m.
How many people work at Virgin Media O2?
Vmed O2 UK Limited reported 17,058 employees in the year to December 2025.
Who runs Virgin Media O2?
The Companies House register lists 9 current officers for Vmed O2 UK Limited. The full list, with appointment dates, is on the Companies House register.
- Figures come from Vmed O2 UK Limited's filings at Companies House, company number 12580944, for the period shown at the top of the page.
- These are group accounts: they include the companies it owns.
- Pre-tax profit is the figure the company filed, for both years.
- A figure the filing does not disclose is shown as n/d. A zero in the filing is treated as not disclosed, never as nil.
- Rounding: below £0.1m in thousands, from £0.1m to £2m to one decimal place, from £2m to the nearest million.
- Ownership is shown in the control bands the register of people with significant control uses, not as exact shareholdings.
- Officers' names and appointment dates come from the Companies House register. Job titles come from the company's own website. The description of what the company does comes from its website, or is marked Spark Intel editorial where it is written from stable, checked facts, with the date either way.
Spark Intel, “Virgin Media O2: who owns it, who runs it and what the accounts show”, updated 9 November 2026. https://www.spark-intel.co.uk/companies/virgin-media-o2/. Figures from Companies House filings for VMED O2 UK LIMITED (12580944).
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