IONIX SYSTEMS LIMITED
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Cash
£251K
-19.8% lowest in 3 filed years
Net assets
£11M
+6.4% highest in 3 filed years
Employees
46
-2.1% lowest in 3 filed years
Profit before tax
£3.7M
+21.5% highest in 3 filed years
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £19,658,000 | £24,638,000 | £32,833,000 | +33.3% | |
| Operating profit | £1,588,000 | £3,062,000 | £4,095,000 | +33.7% | |
| Profit before tax | £1,709,000 | £3,038,000 | £3,690,000 | +21.5% | |
| Net profit | £1,473,000 | £3,121,000 | £3,275,000 | +4.9% | |
| Cash | £634,000 | £313,000 | £251,000 | -19.8% | |
| Total assets less current liabilities | £11,177,000 | £10,677,000 | £11,361,000 | +6.4% | |
| Net assets | £11,177,000 | £10,677,000 | £11,361,000 | +6.4% | |
| Equity | £11,177,000 | £10,677,000 | £11,361,000 | +6.4% | |
| Average employees | 48 | 47 | 46 | -2.1% | |
| Wages | £1,485,000 | £1,522,000 | £1,648,000 | +8.3% | |
| Directors' remuneration | — | — | — | — |
Values shown as filed in the company's annual accounts. — 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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 8.1% | 12.4% | 12.5% | |
| Net margin | 7.5% | 12.7% | 10.0% | |
| Return on capital employed | 14.2% | 28.7% | 36.0% | |
| Gearing (liabilities / total assets) | 22.7% | 41.3% | — | |
| Current ratio | 4.45x | 2.44x | 1.65x | |
| Interest cover | — | — | 9.33x |
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.
Name history
Renamed 3 times since incorporation
- IONIX SYSTEMS LIMITED 2009-04-03 → present
- VOLEX WIRING SYSTEMS LIMITED 1985-06-28 → 2009-04-03
- WARD & GOLDSTONE (AUTOMOBILE EQUIPMENT) LIMITED 1980-12-31 → 1985-06-28
- WARD & GOLDSTONE (AUTO & AIRCRAFT EQUIPMENT) LIMITED 1957-10-29 → 1980-12-31
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have performed a comprehensive review of the Company's ability to continue as a going concern. This review involved the Directors flexing the current budget and forecasts to varying degrees to perform sensitivity analysis to understand how the financial position of the Company may look and therefore put themselves in a position to be able to conclude on the going concern nature of the business.”
Group structure
- IONIX SYSTEMS LIMITED · parent
- Ionix Systems OU 100%
Significant events
- “During the year under review the Company continued the strategy to move production of some commercial products from the Company's subsidiary based in Estonia to a sister company based in India to expand the production capacity of the business on a subcontract manufacturing basis. This will free up production capacity in the Estonian factory to allow additional revenue generating business with European manufacturing requirements to be taken on.”
- “The conflict in Iran has impacted the business in 2026 minimally at present as shipments to and from India have been routed around the impacted area. This has however resulted in an increased freight cost for using more expensive routes and the impact of fuel surcharges.”
- “In February 2026 the Company signed an extension to its lease of the current premises Prospect House, Taylor Business Park, Risley for a period of 5 years.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 21 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| D'AMICO, Lance Edward | Secretary | 2016-09-06 | — | — |
| D'AMICO, Lance Edward | Director | 2025-11-12 | Jan 1969 | American |
| LAMPO, Craig Anthony | Director | 2015-07-01 | Dec 1969 | American |
Show 21 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ASHCROFT, Mark | Secretary | 1993-08-31 | 2005-10-14 |
| HOOPER, Kenneth Stanley | Secretary | — | 1993-08-31 |
| SANCHEZ, Michael James | Secretary | 2009-04-03 | 2009-11-04 |
| TATE, Wendy | Secretary | 2005-10-14 | 2009-04-03 |
| WETMORE, Edward Charles | Secretary | 2013-10-04 | 2016-09-06 |
| ABOGADO NOMINEES LIMITED | Corporate Secretary | 2013-10-04 | 2023-07-17 |
| ASHCROFT, Mark | Director | 1993-08-31 | 2005-10-14 |
| BAXTER, Ian | Director | 2009-01-05 | 2009-04-03 |
| DAVIES, Grahame | Director | — | 1997-03-31 |
| DEGNAN, Ian Alan | Director | 2006-12-16 | 2009-01-05 |
| GARE, Michael Adrian | Director | 2010-07-14 | 2013-10-04 |
| HOOPER, Kenneth Stanley | Director | — | 2003-03-31 |
| HUDSON, David Brian | Director | 2003-04-01 | 2004-10-22 |
| MCKEE, Ivan Paul | Director | 2009-04-03 | 2013-10-04 |
| NORWITT, Richard Adam | Director | 2013-10-04 | 2025-11-12 |
| POULSON, Howard | Director | — | 1993-08-31 |
| REARDON, Diana Gentile | Director | 2013-10-04 | 2015-07-01 |
| TATE, Wendy | Director | 2005-10-14 | 2009-04-03 |
| TAYLOR, Elaine | Director | 2009-05-15 | 2013-10-04 |
| TAYLOR, William | Director | 2009-04-03 | 2013-10-04 |
| WALTER, Derek Edmund Piers | Director | 2004-10-22 | 2006-12-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Amphenol Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-01-01 | Active |
| Ionix Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2021-01-01 |
Filing timeline
Last 20 of 160 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-27 | AA | accounts | Accounts with accounts type full | |
| 2026-02-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-14 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-14 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-13 | AA | accounts | Accounts with accounts type full | |
| 2025-04-03 | AA | accounts | Accounts with accounts type group | |
| 2025-02-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-17 | AA | accounts | Accounts with accounts type group | |
| 2024-02-20 | AD02 | address | Change sail address company with old address new address | |
| 2024-02-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-17 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-02-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-10-07 | AA | accounts | Accounts with accounts type group | |
| 2022-02-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-08 | AA | accounts | Accounts with accounts type full | |
| 2021-02-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-02-08 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-02-08 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2020-11-25 | AA | accounts | Accounts with accounts type full | |
| 2020-02-17 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
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.