AEROFLEX LIMITED

• ⚠

  Material uncertainty over going concern

  The Directors intend to liquidate the Company in due course and accordingly the financial statements have been prepared on a basis other than going concern. Voluntary liquidation of the Company is part of a group simplification project.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  —

  Not reported

• Cash

  —

  Not reported

• Net assets

  -96.4%

  £99,554,000 → £3,624,000

• Employees

  —

  Not reported

• Operating profit

  -105.3%

  £113,000 → -£6,000

• Profit before tax

  +301.8%

  £113,000 → £454,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. 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.

1. AEROFLEX LIMITED 2010-01-14 → present
2. AEROFLEX INTERNATIONAL LIMITED 2003-08-20 → 2010-01-14
3. IFR LIMITED 1998-03-02 → 2003-08-20
4. IFR INSTRUMENTS LIMITED 1998-02-20 → 1998-03-02
5. MARCONI INSTRUMENTS LIMITED 1936-08-06 → 1998-02-20

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“The Directors intend to liquidate the Company in due course and accordingly the financial statements have been prepared on a basis other than going concern. Voluntary liquidation of the Company is part of a group simplification project.”

Group structure

1. AEROFLEX LIMITED · parent
   1. Aeroflex Milan S.r.l. · Italy · Dormant entity

Significant events

• “As part of the integration of Aeroflex Limited into the Viavi Group, a Business Transfer Agreement ("BTA") with Viavi Solutions UK Limited was signed and executed on 4 October 2020. Under this agreement, the trading activities and business were sold as a going concern, together with most of the assets, to Viavi Solutions UK Limited.”
• “Following the sale of the two properties to a third party on 06 May 2022, the Company is expected to move towards becoming a dormant holding company during the next financial period.”
• “There have not been any material post period end events requiring disclosure.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.