Company Name: EE LIMITED Company No: 02382161 Safe No: UK02044681

Company Status: Active - Accounts Filed

Contract Industry Credit Limit Contract Status DBT Industry Limit DBT 75 £83,300,000 £500,000,000 Active 30 24

Registered Address: TRIDENT PLACE MOSQUITO WAY HATFIELD HERTFORDSHIRE AL10 9BW

Your Name: Jeremy Lovell Your User ID: 101003740 Date / Time: 17:56 Tuesday, 15 May 2018

Generated for HRHLLP1 (101003740) on 15/05/2018 at 17:55 Page 1 of 10 Your Name: Jeremy Lovell Your User ID: 101003740 Date / Time: 17:56 Tuesday, 15 May 2018

Company Name: EE LIMITED Limited Company Company Number: 02382161 Report Summary Safe Number: UK02044681

Company Summary

Registered Address TRIDENT PLACE MOSQUITO Trading Address Unit 1-4 WAY Trident Place HATFIELD Mosquito Way HERTFORDSHIRE Hatfield, Hertfordshire AL10 9BW AL10 9BW Website Address http://www.ee.co.uk Telephone Number 01707315988 Fax Number TPS No FPS Yes Incorporation Date 10/05/1989 Previous Name EVERYTHING EVERYWHERE LIMITED Type Private limited with Share Capital FTSE Index - Date of Change 02/09/2013 Filing Date of Accounts 20/05/2017 Currency GBP Share Capital £22,050,306 SIC07 61900 Charity Number - SIC07 Description OTHER TELECOMMUNICATIONS ACTIVITIES Principal Activity A group engaged in management support, pension trustee and finance company.

Credit Rating & Limit Based upon the company’s latest Todays Rating [1-100] 75 industry Previous Rating [0-100] 73 classification, todays Todays Limit £83,300,000 rating of 75 places 75 the company in the Previous Limit £98,200,000 upper 25% of 9258 Todays Contract Limit £500,000,000 companies sampled from the same industry

Rating - Key Financials Filed / Established Rating - Newly Incorporated Rating Description Rating Description 71 - 100 Very Low Risk 51 - 100 Low Risk 51 - 70 Low Risk 30 - 50 Moderate Risk 30 - 50 Moderate Risk 1 - 29 Caution - High Risk 21 - 29 High Risk Not Rated Please see report for description 1 - 20 Very High Risk Not Rated Please see report for description

INTERNATIONAL SCORE SCORE DESCRIPTION

International Score Description: A Very Low Risk A Very Low Risk B Low Risk The Creditsafe International Score represents a C Moderate Risk

Generated for HRHLLP1 (101003740) on 15/05/2018 at 17:55 Page 2 of 10 common risk scoring platform which enables D High Risk companies to be compared on an international basis. E Not Rated

Additional Information

CCJ's 19 (£18,859) Accountant - 06/10/2016 COUNTY COURT £323 Judgment Mortgages 92 BUSINESS CENTRE Trade Debtors - 06/06/2016 COUNTY COURT £658 Judgment BUSINESS CENTRE Group 111 companies 09/04/2016 COUNTY COURT MONEY £12,869 Judgment Linkages 380 companies CLAIMS CENTRE Countries In 100 countries Ultimate Holding Company BT GROUP PLC

Key Financials

Year to Date Turnover Pre Tax Profit Shareholder's Funds Employees 31/03/2017 £7,991,000,000 £651,000,000 £2,948,000,000 12461 31/12/2015 £6,307,000,000 £631,000,000 £2,840,000,000 13078 31/12/2014 £6,327,000,000 -£255,000,000 £8,921,000,000 12566

Mortgage Summary

Total Mortgage 92 Outstanding 54 Satisfied 38

Trade Debtors / Bad Debt Summary

Total Number of Documented Trade 235 Total Value of Documented Trade £387,366

Acquisitions Details

Date 29/01/2016 Acquiring Company BT GROUP PLC (04190816) Acquired Company EE Limited (02382161) Consideration Part 1 - Consideration Part 2 - , Contact Details Ross Cook - Press Office, 020 7356 5369 Additional Details -

Commentary

This company has been treated as a Large company in respect of the rating/limit generated.

Generated for HRHLLP1 (101003740) on 15/05/2018 at 17:55 Page 3 of 10 This company's return on total assets employed ratio indicates a highly efficient use of assets. This company has made late payments on a medium percentage of invoices. This company's ratio of total liabilities to total assets indicates the presence of moderate equity funding. This company's bank loans and overdrafts (less cash) account for a moderate percentage of short term liabilities. This company trades in an industry with a moderate level of corporate failures.

CCJ

Total Number of Exact CCJs - 16 Total Value of Exact CCJs - £17,993 Total Number of Possible CCJs - 14 Total Value of Possible CCJs - £15,652 Total Number of Satisfied CCJs - 3 Total Value of Satisfied CCJs - £866 Total Number of Writs - -

Payment Information

Company DBT Customer Payment Experiences

Industry DBT Industry DBT

30 24 Within terms 91+ Days

Number of Experiences -

Customer Payment Experiences are supplied by Creditsafe users based on their payment experience with their customers. Trade Payment Information

Average Invoice Value 32029 320 Invoices available 495 Paid 489 Outstanding 6 0 Paid Outstanding

Trade Payment Data is information that we collect from selected third party Within Terms 0-30 Days 31-60 Days 61-90 Days 91+ Days partners who send us information about their whole sales ledger.

Generated for HRHLLP1 (101003740) on 15/05/2018 at 17:55 Page 4 of 10 Enquiries Trend

The last enquiry date was 14/05/2018 There have been 567 enquiries in the last 12 months. There are an average of 47 reports taken each month.

Monthly Breakdown

100 93 66 60 58 52 45 49 50 39 31 29 32 13

0 Jun 2017 Jul 2017 Aug 2017 Sep 2017 Oct 2017 Nov 2017 Dec 2017 Jan 2018 Feb 2018 Mar 2018 Apr 2018 May 2018

3 MONTHS 6 MONTHS 9 MONTHS Enquiries 104 214 383

3 months 104 6 months 214 9 months 383 0 50 100 150 200 250 300 350 400 450

Total Current Directors 6 Total Current Secretaries 1 Total Previous Directors / Company Secretaries 74 Total Person's With Significant Control 1

Current Directors

Title Mr Function Director Name John Howard Watson Nationality British Date of Birth 03/1963 Present Appointments 3 Bt Centre 81 Newgate Street, Latest Address Appointment Date 29/01/2016 London Post Code EC1A 7AJ Title Mr Function Director Name Mark Gareth Tipton Nationality British Date of Birth 04/1971 Present Appointments 2 A9.08 Bt Centre 81 Newgate Latest Address Appointment Date 29/01/2016 Street, London Post Code EC1A 7AJ Title Mr Function Director Name Stephen Christopher Harris Nationality British Date of Birth 11/1970 Present Appointments 4 Pp A9d Bt Centre, 81 Newgate Latest Address Appointment Date 29/01/2016 Street, London Post Code EC1A 7AJ Title Mr Function Director Name Marc David Allera Nationality British Date of Birth 04/1972 Present Appointments 3 Ppa9f Bt Centre 81 Newgate Latest Address Appointment Date 29/01/2016 Street, London Post Code EC1A 7AJ Title Mr Function Director Name Stephen John Best Nationality British Date of Birth 12/1966 Present Appointments 1

Generated for HRHLLP1 (101003740) on 15/05/2018 at 17:55 Page 5 of 10 Faraday Building 1 Knightrider Latest Address Appointment Date 29/01/2016 Street, London Post Code EC4V 5BT Title Mr Function Director Name Jeffrey Neil Langlands Nationality British Date of Birth 04/1976 Present Appointments 1 Bt Centre 81 Newgate Street, Latest Address Appointment Date 29/01/2016 London Post Code EC1A 7AJ

Current Company Secretary

Title Mr Function Company Secretary Name Russell Ian Johnstone Nationality Date of Birth - Present Appointments 1 Trident Place Mosquito Way, Latest Address Appointment Date 01/08/2017 Hatfield, Hertfordshire Post Code AL10 9BW

Top Shareholders

Name Currency Share Count Share Type Nominal Value % of Total Share Count BRITISH TELECOMMUNICATIONS PLC GBP 22,050,306 ORDINARY 1 100

Profit & Loss

Date Of 31/03/17 (%) 31/12/15 (%) 31/12/14 (%) 31/12/13 (%) 31/12/12 Accounts Weeks 65 (%) 52 (%) 52 (%) 52 (%) 52 Currency GBP (%) GBP (%) GBP (%) GBP (%) GBP Consolidated Y (%) Y (%) Y (%) Y (%) Y A/cs

Turnover £7,991,000,000 26.7% £6,307,000,000 -0.3% £6,327,000,000 -2.4% £6,482,000,000 -2.6% £6,657,000,000

Export ------

Cost of Sales ------

Gross Profit ------

Wages & £531,000,000 15.9% £458,000,000 6% £432,000,000 -6.3% £461,000,000 0.2% £460,000,000 Salaries Directors £11,670,000 55.8% £7,490,000 114% £3,500,000 -0.3% £3,510,000 1.2% £3,470,000 Emoluments

Operating Profit £792,000,000 9.5% £723,000,000 575.7% -£152,000,000 -999.9% £6,000,000103.6% -£165,000,000

Depreciation £508,000,000 14.7% £443,000,000 -1.8% £451,000,000 -2.4% £462,000,000 17.6% £393,000,000

Audit Fees £1,600,000 -2.4% £1,640,000 51.9% £1,080,000 -22.9% £1,400,000 -15.7% £1,660,000

Interest £148,000,000 62.6% £91,000,000 -8.1% £99,000,000 -2.9% £102,000,000 21.4% £84,000,000 Payments

Pre Tax Profit £651,000,000 3.2% £631,000,000 347.5% -£255,000,000 -152.5% -£101,000,000 59.8% -£251,000,000

Taxation -£143,000,000 -10% -£130,000,000 -442.1% £38,000,000 52% £25,000,000 -55.4% £56,000,000

Profit After Tax £508,000,000 1.4% £501,000,000 330.9% -£217,000,000 -185.5% -£76,000,000 61% -£195,000,000

Generated for HRHLLP1 (101003740) on 15/05/2018 at 17:55 Page 6 of 10 Dividends £263,000,000 -59.5% £650,000,000 18% £551,000,000 20.3% £458,000,000 -37.6% £734,000,000 Payable

Retained Profit £245,000,000264.4% -£149,000,000 80.6% -£768,000,000 -43.8% -£534,000,000 42.5% -£929,000,000

Balance Sheet

Date Of 31/03/17 (%) 31/12/15 (%) 31/12/14 (%) 31/12/13 (%) 31/12/12 Accounts

Tangible Assets £2,753,000,000 5.8%£2,603,000,000 0.6% £2,588,000,000 1% £2,563,000,000 1% £2,538,000,000

Intangible £2,892,000,000 -14.5%£3,384,000,000 -65.4% £9,789,000,000 -5.8% £10,394,000,000 -1% £10,496,000,000 Assets Total Fixed £5,645,000,000 -5.7%£5,987,000,000 -51.6% £12,377,000,000 -4.5% £12,957,000,000 -0.6% £13,034,000,000 Assets

Stock £100,000,000 44.9% £69,000,000 -10.4% £77,000,000 -9.4% £85,000,000 -32% £125,000,000

Trade Debtors £629,000,000 -9% £691,000,000 -10.3% £770,000,000 0.8% £764,000,000 0.1% £763,000,000

Cash £30,000,000 -92.3% £388,000,000 -5.6% £411,000,000 -2.8% £423,000,000 -50% £846,000,000

Other Debtors £459,000,000179.9% £164,000,000 -26.1% £222,000,000 -42% £383,000,000 -5.9% £407,000,000

Miscellaneous £15,000,000 -71.7% £53,000,000999.9% £2,000,000 - 0 -100% £8,000,000 Current Assets Total Current £1,233,000,000 -9.7%£1,365,000,000 -7.9% £1,482,000,000-10.5% £1,655,000,000 -23% £2,149,000,000 Assets

Trade Creditors £1,499,000,000 -1.6%£1,524,000,000 -11.5% £1,722,000,000 7% £1,610,000,000 0.2% £1,607,000,000

Bank Loans & £342,000,000 -83.3%£2,042,000,000 - 0-100% £41,000,000412.5% £8,000,000 Overdrafts Other Short Term £139,000,000 - 0 -100% £10,000,000 -9.1% £11,000,000 175% £4,000,000 Finance Miscellaneous Current £646,000,000 4.5% £618,000,000 -13.2% £712,000,000 0.8% £706,000,000 0.4% £703,000,000 Liabilities Total Current £2,626,000,000 -37.2%£4,184,000,000 71.2% £2,444,000,000 3.2% £2,368,000,000 2% £2,322,000,000 Liabilities Bank Loans & Overdrafts and £1,646,000,000 -30.5%£2,370,000,000 -5% £2,494,000,000 -2.3% £2,552,000,000 - £2,552,000,000 LTL Other Long Term £48,000,000 -25% £64,000,000 - 0 - 0 -100% £7,000,000 Finance Total Long Term £1,304,000,000 297.6% £328,000,000 -86.8% £2,494,000,000 -0.7% £2,511,000,000 -1.3% £2,544,000,000 Liabilities . Capital & Reserves

Date Of 31/03/17 (%) 31/12/15 (%) 31/12/14 (%) 31/12/13 (%) 31/12/12 Accounts Called Up Share £22,000,000 - £22,000,000 - £22,000,000 - £22,000,000 - £22,000,000 Capital P & L Account £1,088,000,00012.4% £968,000,000124.2% -£4,003,000,000-25.4% -£3,192,000,000-22.6% -£2,604,000,000 Reserve Revaluation ------Reserve Sundry £1,838,000,000 -0.6% £1,850,000,000 -85.7% £12,902,000,000 0% £12,903,000,000 0% £12,899,000,000 Reserves Shareholder £2,948,000,000 3.8% £2,840,000,000 -68.2% £8,921,000,000 -8.3% £9,733,000,000 -5.7% £10,317,000,000 Funds Other Financial Items

Date Of 31/03/17 (%) 31/12/15 (%) 31/12/14 (%) 31/12/13 (%) 31/12/12 Accounts

Net Worth £56,000,000110.3% -£544,000,000 37.3% -£868,000,000-31.3% -£661,000,000-269.3% -£179,000,000

Working Capital -£1,393,000,000 50.6%-£2,819,000,000 -193% -£962,000,000-34.9% -£713,000,000-312.1% -£173,000,000

Total Assets £6,878,000,000 -6.4% £7,352,000,000 -47% £13,859,000,000 -5.2% £14,612,000,000 -3.8% £15,183,000,000

Generated for HRHLLP1 (101003740) on 15/05/2018 at 17:55 Page 7 of 10 Total Liabilities £3,930,000,000 -12.9% £4,512,000,000 -8.6% £4,938,000,000 1.2% £4,879,000,000 0.3% £4,866,000,000

Net Assets £2,948,000,000 3.8% £2,840,000,000-68.2% £8,921,000,000 -8.3% £9,733,000,000 -5.7% £10,317,000,000

Cash Flow

Date Of 31/03/17 (%) 31/12/15 (%) 31/12/14 (%) 31/12/13 (%) 31/12/12 Accounts Net Cashflow - - £1,272,000,000 7.1% £1,188,000,000 -1.1% £1,201,000,000 14.3% £1,051,000,000 from Operations Net Cashflow - -100% £677,000,000 16.7% £580,000,000 999.9% -£14,000,000 -103.3% £422,000,000 before Financing Net Cashflow - - -£694,000,000 -17.2% -£592,000,000 -44.7% -£409,000,000 -405.2% £134,000,000 from Financing Increase in - - -£17,000,000 -41.7% -£12,000,000 97.2% -£423,000,000 -176.1% £556,000,000 Cash Miscellaneous

Date Of 31/03/17 (%) 31/12/15 (%) 31/12/14 (%) 31/12/13 (%) 31/12/12 Accounts Contingent NO - NO - NO - NO - NO Liability Capital £4,252,000,000 34.2% £3,168,000,000 -72.2% £11,415,000,000 -6.8% £12,244,000,000 -4.8% £12,861,000,000 Employed Number of 12461 -4.7% 13078 4.1% 12566 -2.2% 12849 -6.2% 13704 Employees Accountants Auditors PRICEWATERHOUSECOOPERS LLP Auditor The audit report contains no adverse comments Comments Bankers HSBC BANK PLC Bank Branch Code Ratios

Date Of 31/03/17 31/12/15 31/12/14 31/12/13 31/12/12 Accounts Pre-tax profit 8.15 10 -4.03 -1.56 -3.77 margin %

Current ratio 0.47 0.33 0.61 0.70 0.93

Sales/Net -5.74 -2.24 -6.58 -9.09 -38.48 Working Capital

Gearing % 55.80 83.50 28 26.20 24.70

Equity in % 74 71.60 219.20 230.70 220.10

Creditor Days 85.35 87.95 99.06 90.41 87.86

Debtor Days 35.81 39.88 44.29 42.90 41.72

Liquidity/Acid 0.43 0.30 0.57 0.66 0.87 Test Return On Capital 15.31 19.91 -2.23 -0.82 -1.95 Employed % Return On Total Assets 9.46 8.58 -1.83 -0.69 -1.65 Employed % Current Debt 0.89 1.47 0.27 0.24 0.22 Ratio

Total Debt Ratio 1.33 1.58 0.55 0.50 0.47

Stock Turnover 1.25 1.09 1.21 1.31 1.87 Ratio % Return on Net Assets 22.08 22.21 -2.85 -1.03 -2.43 Employed %

Generated for HRHLLP1 (101003740) on 15/05/2018 at 17:55 Page 8 of 10 Report Notes

There are no notes to display. Status History

No Status History found

Event History

Date Description 06/04/2018 Confirmation Statement 03/08/2017 Mr J.A. Blendis has resigned as company secretary 03/08/2017 New Company Secretary Mr R.I. Johnstone appointed 31/05/2017 Payment Data Update Received 30/05/2017 New Accounts Filed 30/05/2017 New Accounts Filed 18/05/2017 NEW WRITS RECORD 04/04/2017 Confirmation Statement 12/04/2016 Annual Returns 11/03/2016 Payment Data Update Received 10/03/2016 New Accounts Filed 10/03/2016 New Accounts Filed 12/02/2016 New Board Member Mr J.H. Watson appointed 08/02/2016 New Board Member Mr J.N. Langlands appointed 08/02/2016 New Board Member Mr S.J. Best appointed Rating History Show graph

Date Rating Description 30/05/2017 75 Very Low Risk 11/03/2016 73 Very Low Risk 24/08/2014 73 Very Low Risk 15/07/2014 28 High Risk 10/05/2014 7 Very High Risk 07/02/2014 28 High Risk 21/11/2013 28 High Risk 04/09/2013 7 Very High Risk 20/08/2013 10 Very High Risk 17/07/2013 11 Very High Risk Limit History Show graph

Date Limit 30/05/2017 £83,300,000 11/03/2016 £98,200,000 24/08/2014 £100,000,000 08/10/2012 £0 31/07/2012 £15,000,000 13/02/2012 £15,000,000 12/10/2011 £15,000,000 10/10/2011 £9,150,000 01/10/2011 £0 14/09/2011 £9,150,000 Previous Company Names

Date Previous Name 02/09/2013 EVERYTHING EVERYWHERE LIMITED 01/07/2010 T-MOBILE (UK) LIMITED 17/04/2002 ONE 2 ONE PERSONAL COMMUNICATIONS LIMITED 05/10/1999 MERCURY PERSONAL COMMUNICATIONS LIMITED 18/05/1992 UNITEL LIMITED

Generated for HRHLLP1 (101003740) on 15/05/2018 at 17:55 Page 9 of 10 13/09/1989 YELDASH LIMITED Writ Details

Date Court Plaintiff 22/12/2016 London - Queen's Bench HUTCHINSON 3G UK LTD 02/12/2013 R C J - LONDON QUEENS BENCH MUNDIO MOBILE LTD

Statistics Summary

Group 15 companies BRITISH Linkages 380 companies Holding Company TELECOMMUNICATIONS PUBLIC LIMITED COMPANY Countries In 100 countries Ownership Status Wholly Owned Ultimate Holding Company BT GROUP PLC

Group Structure Full

Registered Latest Key Consol. Company Name Safe Number Rating Limit Turnover Number Financials Accounts BT GROUP PLC UK03840987 04190816 31.03.2017 Y 86 £100,000,000£24,062,000,000

BPSLP LIMITED UK16535741 11251566 - N 45 £500

BELMULLET LTD N/A N/A - - - -

EXTRACLICK LIMITED UK04200424 04552808 31.03.2017 N 38 £125,000

BT COMMUNICATIONS... IE00135656 IE141524 31.03.2017 N 98 €3,750,000 €457,605,000

GROUPBT LIMITED UK03827388 04177089 31.03.2017 N 53 £14,150,000

DUBLIN LONDON NET... IE00264818 IE270686 31.03.2016 N N/R -

BT AMERICAS HOLDINGS INC N/A N/A - - - -

BT FIFTY-THREE LIMITED UK03278032 03621745 31.03.2017 N 45 £50,000

BT BROADBAND LUXEMBOUR... LU00159222 B71594 - - N/R -

BT COMMERCE LLC N/A N/A - - - -

BT EIGHTY-FOUR LIMITED UK04794931 05149396 31.03.2012 N N/R -

BT CONFERENCING VIDEO INC N/A N/A - - - -

BT GROUP INVESTMENTS L... UK03928138 04278695 31.03.2017 N 70 £3,250,000

BRITISH TELECOMMUNIC... UK01466764 01800000 31.03.2017 Y 86 £100,000,000£24,062,000,000

Creditsafe UK Bryn House, Caerphilly Business Park, Van Rd, Caerphilly, CF83 3GG

www.creditsafeuk.com twitter.com/creditsafeuk facebook.com/creditsafeuk linkedin.com/company/creditsafe

Registered in Wales. Company number: 03836192

Generated for HRHLLP1 (101003740) on 15/05/2018 at 17:55 Page 10 of 10