The Number UK Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04352737

The Number UK Limited

Filleted Financial Statements

31 December 2025

The Number UK Limited

Statement of Financial Position

31 December 2025

	2025	2024
Note	£000	£000

Fixed assets

Investments	8	910	1,175

Current assets

Debtors	9	24,610	42,772
Cash at bank and in hand		17,470	28,945
		--------	--------
		42,080	71,717

Creditors: amounts falling due within one year	10	( 20,158)	( 51,145)
		--------	--------
Net current assets		21,922	20,572
		--------	--------
Total assets less current liabilities		22,832	21,747
		--------	--------
Net assets		22,832	21,747
		--------	--------

Capital and reserves

Called up share capital	1,000	1,000
Profit and loss account	21,832	20,747
	--------	--------
Shareholders funds	22,832	21,747
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements were approved by the board of directors and authorised for issue on 15 September 2026 , and are signed on behalf of the board by:

Mr I Kiddy

Director

Company registration number: 04352737

The Number UK Limited

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 5th Floor, 1 Capital Quarter, Tyndall Street, Cardiff, CF10 4BZ, Wales.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity. These accounts are rounded to the nearest thousand pounds (£000), except where otherwise stated.

Going concern

After reviewing the company's performance projections, the available group support and future funding model, the directors are satisfied that the company has adequate resources to enable it to meet its obligations. The directors have approved the budget for 2026. The directors believe the company's cash flows and funding will be sufficient to ensure the company will continue to be a going concern for at least 12 months from the approval of these financial statements.

Consolidation

The entity has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the entity and its subsidiary undertakings comprise a small group.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The judgements (apart from those involving estimations) that management has made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements are as follows: Intercompany balances and investments The company exercises judgement to determine whether intercompany balances and investments are impaired. In the year the directors have determined an impairment of £nil (2024: £nil) was required in amounts owed by group undertakings and an impairment of £0.3m (2024: £0.2m) was required in relation to the investments in subsidiaries.

Revenue recognition

Revenue is recognised to the extent that the company obtains rights to consideration received, excluding discounts and Value Added Tax. The company owns the rights to telephone numbers which are used by the general public as a directory service. Revenue is recognised at a point in time based on the number of calls to these telephone numbers and their duration, at contracted rates.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the Balance Sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or receive more, tax, with the following exceptions: Deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing difference can be deducted. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the Balance Sheet date.

Intangible fixed assets

Intangible assets represent an acquisition of an exclusive entitlement to utilise the 118118 code,The Number UK Limited's number for directory assistance services in the UK. Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Licences	-	25% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Investments

Investments held as fixed assets are shown at cost less provision for impairment.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the company but are presented separately due to their size or incidence.

Financial instruments

The company has elected to apply the provisions of Section 11 "Basic Financial Instruments" of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's Balance Sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include trade and other receivables, cash and bank balances, and intercompany balances, are initially recognised at transaction price. Where the arrangement constitutes a financing transaction, the receivable is initially measured at the present value of future receipts discounted at a market rate of interest. Subsequent measurement is at amortised cost using the effective interest method, less any provision for impairment. Discounting is omitted where the effect of discounting is immaterial. The company's cash and cash equivalents, trade and most other receivables due within the operating cycle fall into this category of financial instruments. Impairment of financial assets Financial assets are assessed for indicators of impairment at each reporting date. Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated Net Asset Value derived from the financial asset(s) has been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate. If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss. Financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after the deduction of all its liabilities. Basic financial liabilities, which include trade and other payables, and intercompany loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial. Debt instruments are subsequently carried at their amortised cost using the effective interest rate method. Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial. Derecognition of financial assets Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the company will continue to recognise the value of the portion of the risks and rewards retained. Derecognition of financial liabilities Financial liabilities are derecognised when the company's contractual obligations expire or are discharged or cancelled.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Share capital

Ordinary shares are classified as equity.

4. Employee numbers

The average number of persons employed by the company during the year, including the directors, amounted to:

	2025	2024
	No.	No.
Directors	2	2
	----	----

5. Tax on profit

Major components of tax expense

	2025	2024
	£000	£000

Current tax:

UK current tax expense	373	984

Deferred tax:

Origination and reversal of timing differences	14	17
	----	-------
Tax on profit	387	1,001
	----	-------

6. Exceptional items

	2025	2024
	£000	£000
Intercompany loan forgiveness	–	7,936
Foreign exchange gain/ (loss) on intercompany loans	(1,335)	1,694
Impairment of fixed asset investment	(265)	(215)
Impairment of intercompany balances
	-------	-------
	(1,600)	9,415
	-------	-------

7. Intangible assets

	Licences
	£000
Cost
At 1 January 2025 and 31 December 2025	2,000
	-------
Amortisation
At 1 January 2025 and 31 December 2025	2,000
	-------
Carrying amount
At 31 December 2025	–
	-------
At 31 December 2024	–
	-------

8. Investments

	Shares in group undertakings
	£000
Cost
At 1 January 2025 and 31 December 2025	5,420
	-------
Impairment
At 1 January 2025	4,245
Impairment losses	265
	-------
At 31 December 2025	4,510
	-------

Carrying amount
At 31 December 2025	910
	-------
At 31 December 2024	1,175
	-------

9. Debtors

	2025	2024
	£000	£000
Trade debtors	191	256
Amounts owed by group undertakings and undertakings in which the company has a participating interest	24,352	42,435
Other debtors	67	81
	--------	--------
	24,610	42,772
	--------	--------

Amounts owed by group undertakings includes one (2024: one) loan with a total value of £24,224,000 (2024: £42,224,000). At the start of the year the loan bears interest at the higher of Bank of England base rate plus 4.5%, or 6% and is repayable on demand, from June 2025 onwards the loan interest rate changed to a fixed rate of 16%.

10. Creditors: amounts falling due within one year

	2025	2024
	£000	£000
Trade creditors	–	16
Amounts owed to group undertakings and undertakings in which the company has a participating interest	524	32,432
Corporation tax	19,498	18,574
Social security and other taxes	32	50
Other creditors	104	73
	--------	--------
	20,158	51,145
	--------	--------

In the prior year, the amounts owed to group undertakings included one unsecured and repayable on demand loan with a total value of £31,180,000. The loan bore interest at EURIBOR plus 2.25%. The loan was fully repaid during the current year.

11. Summary audit opinion

The auditor's report dated 15 September 2026 was unqualified .

The senior statutory auditor was Peter Conneely , for and on behalf of Moore Kingston Smith LLP .

12. Related party transactions

The company has taken advantage of the exemption conferred by FRS102 'Related party disclosures' not to disclose transactions with members of the group headed by kgb on the grounds that 100% of the voting rights in the company are controlled within that group and the company is included in consolidated financial statements.

13. Controlling party

Carbone SARL, a company registered in Luxembourg, is the immediate parent company. The ultimate parent undertaking and controlling party of the company is kgb, a company incorporated in the United States of America.