OTE PLC
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Cash
£7M
EUR 7,594,000
+1.6% vs 2024
Net assets
£7M
EUR 7,698,394
+0.2% vs 2024
Employees
1
0% vs 2024
Profit before tax
£60K
EUR 69,160
-67.1% vs 2024
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | — | — | — | |
| Operating profit | — | — | — | |
| Profit before tax | £182,690 | £60,144 | -67.1% | |
| Net profit | £115,235 | £15,898 | -86.2% | |
| Cash | £6,501,080 | £6,604,053 | +1.6% | |
| Total assets less current liabilities | £614,163,882 | £180,623,005 | -70.6% | |
| Net assets | £6,678,940 | £6,694,838 | +0.2% | |
| Equity | £6,678,940 | £6,694,838 | +0.2% | |
| Average employees | 1 | 1 | 0% | |
| Wages | £59,943 | £58,722 | -2% | |
| Directors' remuneration | — | — | — |
Figures converted to GBP from EUR at 0.870 per EUR (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Gearing (liabilities / total assets) | 99.1% | 98.9% | |
| Current ratio | 1.06x | 1.02x |
Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- OTE PLC 1999-12-23 → present
- TARGETVOTE PUBLIC LIMITED COMPANY 1999-12-17 → 1999-12-23
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the above, no material uncertainties that cast significant doubt about the ability of the Company to continue as a going concern have been identified by the Directors. Accordingly, the Directors continue to adopt the going concern basis in preparing the annual report and financial statements.”
Significant events
- “On 3 July 2025, the Company issued €60 million Notes due October 2025 under the GMTN Programme, fully subscribed by Deutsche Telekom AG. On the same date, using the above funds, the Company subscribed to a €60 million bond loan issued by OTE S.A. matching the GMTN Notes tenor. On 7 October 2025, the Notes and the bond loan issued by OTE S.A. were repaid at maturity.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 19 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WILMINGTON TRUST SP SERVICES (LONDON) LIMITED | Corporate Secretary | 1999-12-22 | — | — |
| DUFFY, Christopher John | Director | 2019-09-30 | Oct 1973 | British |
| KYRIAKOPOULOS, Ioannis | Director | 2023-05-11 | Jun 1974 | British |
| MAZARAKIS, Charalampos | Director | 2012-08-30 | Oct 1964 | Greek |
| WILMINGTON TRUST SP SERVICES (LONDON) LIMITED | Corporate Director | 1999-12-22 | — | — |
Show 19 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Secretary | 1999-12-17 | 1999-12-22 |
| AIVAZIS, Iordanis | Director | 2003-04-08 | 2010-09-02 |
| BAKER, Robin Gregory | Director | 2002-01-18 | 2007-07-20 |
| CLARKE-WHELAN, Mignon | Director | 2015-03-05 | 2018-10-01 |
| COPP, Kevin Donald | Director | 2010-09-02 | 2012-07-01 |
| DEMOSTHENOUS, Andreas Stavros | Director | 2015-01-21 | 2018-03-19 |
| FAIRRIE, James Patrick Johnston | Director | 2002-01-18 | 2007-07-20 |
| FILER, Mark Howard | Director | 2007-09-11 | 2017-04-26 |
| HUGHES, Eileen Marie | Director | 2018-03-19 | 2019-09-30 |
| KALIABETSOS, Panos | Director | 2003-04-08 | 2024-01-01 |
| KOUVATSOS, Dimitris | Director | 1999-12-22 | 2003-03-29 |
| MCDERMOTT, Martin | Director | 2007-09-11 | 2014-12-05 |
| MINOPRIO, Piers | Director | 1999-12-22 | 2002-01-18 |
| SUTTON, Robert | Director | 2018-10-01 | 2018-11-01 |
| TZOULAS, Anastasios | Director | 2015-03-05 | 2024-01-01 |
| WATSON, Stuart | Director | 2019-06-30 | 2023-05-11 |
| WYNNE, Daniel Jonathan | Director | 2017-04-26 | 2019-06-30 |
| INSTANT COMPANIES LIMITED | Corporate Nominee Director | 1999-12-17 | 1999-12-22 |
| SWIFT INCORPORATIONS LIMITED | Corporate Nominee Director | 1999-12-17 | 1999-12-22 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Hellenic Telecommunications Organization S.A. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 135 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-23 | AA | accounts | Accounts with accounts type full | |
| 2026-02-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-12 | CH01 | officers | Change person director company with change date | |
| 2025-04-09 | AA | accounts | Accounts with accounts type full | |
| 2025-03-14 | CH01 | officers | Change person director company with change date | |
| 2025-02-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-11 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-12-11 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2024-04-17 | AA | accounts | Accounts with accounts type full | |
| 2024-02-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-09 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-09 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-16 | AP01 | officers | Appoint person director company with name date | |
| 2023-05-16 | TM01 | officers | Termination director company with name termination date | |
| 2023-04-06 | AA | accounts | Accounts with accounts type full | |
| 2023-02-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-04 | CH01 | officers | Change person director company with change date | |
| 2022-03-28 | AA | accounts | Accounts with accounts type full | |
| 2022-03-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-03-31 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.