NEOS NETWORKS LIMITED
ActiveKey figures
† NEOS 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
2024/25Sector comparison
SIC 61900Where the company stands among the 8,492 active companies whose first SIC code is 61900 (Other telecommunications activities).
- BRITISH TELECOMMUNICATIONS LIMITED£25bn
- BT GROUP PLC£12.6bn
- EE LIMITED£9.3bn
- TELEFONICA O2 HOLDINGS LIMITED£7.2bn
- CITYFIBRE HOLDCO LIMITED£3.1bn
- CABLE & WIRELESS WORLDWIDE LIMITED£1.8bn
- VODAFONETHREE HOLDINGS LIMITED£1.5bn
- COLT TELECOM FINANCE SWEDEN£1.2bn
- CITYFIBRE INFRASTRUCTURE HOLDINGS LIMITED£1bn
- TELTHOLD LIMITED£568.2m
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 8,492. The line on each bar marks the median.
Summary: NEOS NETWORKS LIMITED
What kind of company is it?
NEOS NETWORKS LIMITED is a private limited company registered with Companies House under company number SC213457. It was incorporated on 4 Dec 2000. Its status is active. The registered office is in Glasgow (G2). Its nature of business (SIC 2007) is other telecommunications activities (61900).
How is the company doing financially?
The latest accounts in the database are for 2024/25 (period ending 31 Mar 2025); the company files group accounts. Turnover was £129. Loss for the year was £71. Net assets were £42, down 62.5% on the previous year. Cash at bank and in hand was £23. Total assets were £514 and total liabilities £473. The company had an average of 466 employees. Figures are available for 2 financial years (2023/24–2024/25).
How does it compare with similar companies?
Compared with 8,492 active companies whose first SIC code is 61900: By turnover it ranks lower than 99% of the 353 that publish turnover (median £8,193,961). By net assets it ranks lower than 79% of them (median £12,194). By total assets it ranks lower than 94% of them (median £56,954). By cash it ranks lower than 96% of them (median £32,628). By number of employees it ranks higher than 99% of them (median 1). It is older than 91% of them (median age 9.1 years).
Does it supply the public sector?
The company is named as a supplier in 9 public contract award notices from 9 public sector buyers since 2018. Contracts awarded to it alone have a combined published value of £18m. 2 of the awards are shared with other suppliers, typically framework agreements.
What do public registers and reports show?
It appears on the Home Office register of licensed sponsors (Skilled Worker). HMRC lists it as an exporter of goods, mainly electrical equipment. In its latest payment practices report it took an average of 33 days to pay suppliers, and 19% of invoices were not paid within agreed terms. Its gender pay gap report for 2025/26 shows median hourly pay for women 30.5% lower than for men. It has a modern slavery statement on the government registry.
Who runs and controls the company?
2 persons with significant control are registered.
When are its next filings due?
The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 15 Feb 2027.
Filed accounts2023/24–2024/25
| 2023/24 † | 2024/25 † | |
|---|---|---|
| Turnover | 123 | 129 |
| Profit for the year | -83 | -71 |
| Cash at bank and in hand | 22 | 23 |
| Total assets | 573 | 514 |
| Total liabilities | 461 | 473 |
| Net assets / total equity | 112 | 42 |
| Average number of employees | 631 | 466 |
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.
Public contracts
9 contractsNEOS NETWORKS LIMITED is named as a supplier in 9 public contract award notices from 9 public sector buyers since 2018. The 7 contracts awarded to it alone with a published value add up to £18m. 2 awards are shared with other suppliers and not counted in that total.
- Oxfordshire County Council
- 1 contract · £8.1m
- Jisc
- 1 contract · £8m
- London Borough of Waltham Forest
- 1 contract · £1m
- Lancashire County Council
- 1 contract · £525k
- HIGHWAYS ENGLAND COMPANY LIMITED
- 1 contract · £250k
- G Cloud 15‡Government Commercial Agency · shared by 311 suppliers, up to £14,000,000,000 in total · runs until Aug 2030
- Telephony provision‡Defence Science and Technology Laboratory · £56,953
- Optical Wavelength‡South London and Maudsley NHS Foundation Trust · £76,000 · runs until May 2030
- Telecommunications Framework‡Jisc · £8,000,000
- Network Refresh - supply of unlit dark fibre or core fibre serviceLancashire County Council · £525,000 · runs until Mar 2038
Show 4 more
- Provision and installation of Ducting, gigabit capable managed and infrastructure services‡London Borough of Waltham Forest · £1,022,000 · runs until Jun 2032
- Oxfordshire County Council - Further Competition for the Procurement of Gigabit Capable Connectivity‡Oxfordshire County Council · £8,061,703 · runs until Oct 2041
- 5139 - Framework for ducting, gigabit managed service and infrastructure services‡London Borough Of Bexley · shared by 4 suppliers, up to £3,000,000 in total · 2 lots
- CHARM Third Party Telecoms (Service Category 7 (SC7))‡HIGHWAYS ENGLAND COMPANY LIMITED · £250,000
From contract award notices on Contracts Finder (since 2016) and Find a Tender (since 2021), published by the Cabinet Office under the Open Government Licence v3.0. Values are as published by the buyer and usually cover the whole contract term; the total leaves out awards shared between several suppliers, where the published figure is a ceiling for all of them, placeholder values and single figures of £1 billion or more. Notices marked ‡ do not state a company number and were linked by an exact match on the registered name. Contracts below the publication thresholds and those of devolved buyers that publish elsewhere are not included.
Statutory reporting
- Average time taken to pay invoices
- 33 days
- Invoices not paid within agreed terms
- 19%
- Standard payment terms
- 30 days
- Member of a payment code
- No
- Within 30 days 81%
- 31 to 60 days 11%
- After 60 days 8%
Earlier periods (7)
- Period ending
- Days to pay
- Within 30 days
- Late
- 31 Mar 2026
- 32
- 76%
- 27%
- 30 Sep 2025
- 30
- 78%
- 28%
- 31 Mar 2025
- 34
- 76%
- 24%
- 30 Sep 2024
- 30
- 79%
- 27%
- 31 Mar 2024
- 31
- 83%
- 22%
- 30 Sep 2023
- 28
- 86%
- 21%
- 31 Mar 2023
- 33
- 83%
- 22%
- Median hourly pay
- women 30.5% lower
- Mean hourly pay
- women 29.2% lower
- Median bonus pay
- women 66.7% lower
- Employer size
- 250 to 499 employees
Earlier years (7)
- Year
- Median hourly pay
- Mean hourly pay
- 2024/25
- women 29.2% lower
- women 27.8% lower
- 2023/24
- women 31.2% lower
- women 29.1% lower
- 2022/23
- women 30.6% lower
- women 27.2% lower
- 2021/22
- women 26.8% lower
- women 20.3% lower
- 2020/21
- women 28.9% lower
- women 22.9% lower
- 2019/20
- women 31.7% lower
- women 23.6% lower
- 2018/19
- women 34.2% lower
- women 29.2% lower
A positive gap means women's average hourly pay is lower than men's across the whole employer; it is not a comparison of pay for the same work. View on the Gender pay gap service
- 2022
- Statement · summary on GOV.UK
Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.
Registers and licences
- Licence type and rating
- Worker (A rating)
- Route
- Skilled Worker
On the Home Office register of licensed sponsors, which lists organisations licensed to sponsor workers from overseas.
Listed by HMRC as an exporter of goods in 1 of the last 12 months on record, most recently May 2026. Main goods: electrical equipment.
From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.
Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.
History
6 events- Financial year 2024/25 endedAccounts: turnover £129, net assets £42, 466 employees
- Financial year 2023/24 endedAccounts: turnover £123, net assets £112, 631 employees
- Name changed to NEOS NETWORKS LIMITEDPreviously SSE TELECOMMUNICATIONS LIMITED
- Bowmore Uk 3 Limited registered as a person with significant control
- Sse Plc registered as a person with significant control
- 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.