FILTRONIC PLC

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

  +121.4%

  £25,432,000 → £56,318,000

• Cash

  +100.9%

  £7,215,000 → £14,494,000

• Net assets

  +103.1%

  £17,420,000 → £35,376,000

• Employees

  +36.4%

  121 → 165

• Operating profit

  +139.6%

  £5,610,000 → £13,442,000

• Profit before tax

  +145.9%

  £5,361,000 → £13,185,000

• Wages

  +69.4%

  £6,091,000 → £10,318,000

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. FILTRONIC PLC 1998-03-02 → present
2. FILTRONIC COMTEK P.L.C. 1994-07-13 → 1998-03-02
3. YPCS 28 P.L.C. 1994-01-25 → 1994-07-13

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In assessing going concern, the Board have considered: The principal risks faced by the Group which are addressed within the risk management section of the Annual Report; The financial position of the Group including forecasts and financial projections; The healthy cash position at 31 May 2025 of £14.5m (2024: £7.2m) and the additional headroom available through the renewal of RCF of £5.0m (2024: £nil) and Economic headwinds with the potential for customers to reassess their priorities, with opportunities postponed or curtailed. Following the above considerations, the directors are satisfied that the Group has adequate financial resources to continue in operational existence for a period of at least 12 months from the date of this report. Accordingly, the going concern basis has been adopted in the preparation of the Annual Report for the year ended 31 May 2025.”

Group structure

1. FILTRONIC PLC · parent
   1. Filtronic Broadband Limited 100% · UK · Design and manufacture of microwave products for telecommunication systems
   2. Filtronic Holdings UK Limited 100% · UK · Holding Company
   3. Isotek (Holdings) Limited 100% · UK · Holding Company
   4. Filtronic Wireless Limited 100% · UK · Design and manufacture of RF and microwave products for telecommunication systems
   5. Filtronic Wireless Inc. 100% · USA · Design and manufacture of RF and related products for telecommunication systems
   6. Filtronic Wireless Limited 100% · Hong Kong · Holding Company
   7. Isotek Hong Kong Holdings Limited 100% · Hong Kong · Holding Company
   8. Isotek Telecommunications Suzhou Limited 100% · China · Design and manufacture of Filters and related products for telecommunication systems

Significant events

• “Filtronic plc achieves record-breaking performance across multiple fronts, reflecting strong execution against growth strategy.”
• “The Group made significant investment in R&D and capital expenditure during the year, including acquisition of property, plant and equipment.”
• “The Company expanded manufacturing capacity which is now fully operational.”
• “The Board is satisfied that the Group has adequate financial resources to continue in operational existence for at least 12 months.”

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

Filings

9

last 12 months

Capital events

9

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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