KCOM Group Company Overview and Financial Data

KCOM Group is a leading telecommunications and IT services provider in the UK. The company was founded in 1902 and has since grown to become a major player in the industry.

KCOM Group offers a range of services including fibre broadband, TV, and phone, as well as IT services for businesses. Its fibre broadband network covers over 100,000 homes and businesses in Hull and East Yorkshire.

The company has a strong presence in the region, with a team of over 1,500 employees. KCOM Group has a long history of innovation, having been the first company to introduce fibre broadband to Hull.

KCOM Group's financial data shows that it has a revenue of £220 million and a profit before tax of £40 million.

KCOM Group has seen significant financial developments in recent years. The company's profit fell in 2013 due to higher investment, but it still managed to hike its annual dividend by 10% until 2016.

The company's financial performance has been influenced by various takeover bids. In 2019, Macquarie's MEIF 6 Fibre unit acquired KCOM, dropping a £566 million bid from a British pension fund USSL unit. This deal was announced on July 12, 2019.

A key aspect of KCOM's financial situation is its relationship with various investors. For example, activist hedge fund PrimeStone halved its stake in KCom Group in 2018.

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KCOM Group PLC is a company with a significant annual revenue. The KCOM Group PLC annual revenue was $322.8 million in 2025.

KCOM Group PLC is based in Kingston Upon Hull, Kingston Upon Hull.

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KCOM Group has received funding from only one investor in its latest round, which was a Conventional Debt round on June 15, 2020, for $37.6M.

This funding round was led by Lloyds Bank, a well-established financial institution.

The company has a total of two institutional investors, including Draper Esprit and Lloyds Bank.

Here is a summary of KCOM Group's institutional investors:

KCOM Group's latest funding round was a Conventional Debt round, which is a type of funding that provides a loan to the company.

KCOM Group has been acquired by Macquarie Infrastructure and Real Assets, marking a significant milestone in the company's history. The acquisition was finalized after a competitive auction process, with MEIF6's £627 million cash offer being recommended by the KCOM Board on 12 July.

Macquarie Infrastructure and Real Assets is a leading owner of critical telecommunications infrastructure, with a presence in the UK for 30 years. They have invested and arranged more than £40 billion in infrastructure projects since 2005.

KCOM Group is one of the UK's longest-established telecommunications companies, providing essential telecommunications infrastructure and services to households and businesses in the Hull and East Yorkshire region. They offer fibre-to-the-premises network services to approximately 140,000 households and businesses.

Graham Sutherland, CEO of KCOM, expressed confidence that Macquarie Infrastructure and Real Assets will support their long-term growth ambitions while maintaining their strong local focus and presence.

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KCOM Group's acquisition by Macquarie Infrastructure and Real Assets is a significant development in the telecommunications industry, with the company looking to increase fibre accessibility and reduce digital exclusion in the region.

KCOM Group has a diverse management team, with a mix of experienced professionals at the helm. The company is led by CEO Tim Shaw, who has been in the role since April 2022.

Tim Shaw, 46, has been instrumental in shaping the company's direction and strategy. He brings a wealth of experience to the role, having been a Director/Board Member since December 2018.

The company's Director of Finance, Carrie Hutchison, has been in her role since December 2022. However, her age is not publicly disclosed.

Ian Shepherdson, the Chief Technology/Science/R&D Officer, is another key member of the management team. Unfortunately, his age and the exact start date of his tenure are not available.

KCOM Group's Board of Directors is composed of experienced professionals, including Jaap Postma and Fiona Goldsmith. Jaap Postma, 51, has been a Director/Board Member since January 2020, while Fiona Goldsmith, 59, joined the board in April 2022.

Here is a summary of the key members of KCOM Group's management team:

KCOM Group has been involved in several significant events related to its listing.

The company announced the cancellation of its listing on August 2, 2019.

Here is a list of some key press releases related to KCOM's listing:

KCOM's listing cancellation was part of a larger process involving a takeover bid.

KCOM Group PLC has issued several press releases in the past, including the announcement of the cancellation of its listing on August 2, 2019.

The company also filed Form 8.3 on August 1, 2019, and Form 8.5 (EPT/NON-RI) on July 29, 2019.

A scheme of arrangement became effective for KCOM on August 1, 2019.

Here is a list of press releases from KCOM Group PLC:

KCOM Group has two main legal entities associated with it.

KCOM LIMITED is a company based in the United Kingdom, with a date of incorporation of October 30, 1996. It has been deadpooled.

KCOM GROUP LIMITED, on the other hand, is an active company in the United Kingdom, incorporated on July 20, 1987. This company has a significant workforce, with 1302 employees as of January 31, 2021.

Here's a brief overview of the two entities: