BT IOT NETWORKS LIMITED

Active
Company number 02329342Private limited companyIncorporated 1988

Key figures

£34,069+11.3%
Net assets 2024/25
+11.3%
Average annual growth 2023/24–2024/25
010 k20 k30 k40 k2023/242024/25

† BT IOT NETWORKS LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.

Ratios

2024/25

Sector comparison

SIC 62090

Where the company stands among the 49,491 active companies whose first SIC code is 62090 (Other information technology service activities).

Turnover£3,130,000
Higher than 54% · median £1,674,711 among 1,418 that publish turnover
Net assets£34,069
Higher than 65% · median £7,933
Total assets£35,408
Lower than 52% · median £39,436
Company age37.9 years
Older than 99% · median 7.6 years

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 49,491. The line on each bar marks the median.

Summary: BT IOT NETWORKS LIMITED

What kind of company is it?

BT IOT NETWORKS LIMITED is a private limited company registered with Companies House under company number 02329342. It was incorporated on 19 Dec 1988. Its status is active. The registered office is in London (E1). Its nature of business (SIC 2007) is other information technology service activities (62090).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 31 Mar 2025); the company files audit-exempt subsidiary. Turnover was £3,130,000. Profit for the year was £3,472,000. Net assets were £34,069, up 11.3% on the previous year. Figures are available for 2 financial years (2023/24–2024/25).

How does it compare with similar companies?

Compared with 49,491 active companies whose first SIC code is 62090: By turnover it ranks higher than 54% of the 1,418 that publish turnover (median £1,674,711). By net assets it ranks higher than 65% of them (median £7,933). By total assets it ranks lower than 52% of them (median £39,436). It is older than 99% of them (median age 7.6 years).

Who runs and controls the company?

One person with significant control is registered.

When are its next filings due?

The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 20 Dec 2026.

Filed accounts2023/24–2024/25
2023/24 †2024/25 †
Turnover2,597,0003,130,000
Profit for the year2,783,0003,472,000
Total assets32,96135,408
Total liabilities——
Net assets / total equity30,59734,069

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

History

5 events
  1. Financial year 2024/25 endedAccounts: turnover £3.1m, net assets £34.1k
  2. Financial year 2023/24 endedAccounts: turnover £2.6m, net assets £30.6k
  3. Name changed to BT IOT NETWORKS LIMITEDPreviously TRANSCOMM UK LIMITED
  4. British Telecommunications Limited registered as a person with significant control
  5. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.