AIRWAVE SOLUTIONS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-12 (in 1y)
Last made up 2026-04-28
Watchouts
None on the register
Cash
£285K
-96.2% vs 2023
Net assets
£10M
+135.8% vs 2023
Employees
469
-4.9% vs 2023
Profit before tax
£26M
+121.8% vs 2023
Net assets
2-year trend · vs Telecommunications median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £416,040,000 | £318,695,000 | |
| Operating profit | £150,424,000 | £72,015,000 | |
| Profit before tax | -£120,561,000 | £26,341,000 | |
| Net profit | -£113,007,000 | £38,179,000 | |
| Cash | £7,532,000 | £285,000 | |
| Total assets less current liabilities | £25,504,000 | £62,357,000 | |
| Net assets | -£28,319,000 | £10,152,000 | |
| Equity | -£28,319,000 | £10,152,000 | |
| Average employees | 493 | 469 | |
| Wages | £33,582,000 | £31,913,000 | |
| Directors' remuneration | £470,000 | £344,000 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-23.4%
£416,040,000 £318,695,000
-
Cash
-96.2%
£7,532,000 £285,000
-
Net assets
+135.8%
-£28,319,000 £10,152,000
-
Employees
-4.9%
493 469
-
Operating profit
-52.1%
£150,424,000 £72,015,000
-
Profit before tax
+121.8%
-£120,561,000 £26,341,000
-
Wages
-5%
£33,582,000 £31,913,000
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 36.2% | 22.6% | |
| Net margin | -27.2% | 12.0% | |
| Return on capital employed | 589.8% | 115.5% | |
| Current ratio | 1.12x | 1.49x | |
| Interest cover | 7.75x | 33.39x |
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 5 times since incorporation
- AIRWAVE SOLUTIONS LIMITED 2007-05-09 → present
- AIRWAVE SAFETY COMMUNICATIONS LIMITED 2007-04-23 → 2007-05-09
- AIRWAVE O2 LIMITED 2005-03-14 → 2007-04-23
- AIRWAVE MMO2 LIMITED 2001-09-06 → 2005-03-14
- BT SIXTY-SIX LIMITED 2001-03-30 → 2001-09-06
- BT WIRELESS LIMITED 2000-04-28 → 2001-03-30
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In assessing the Company's ability to continue to operate as a going concern, the Directors have considered the cash position of the Company, the forecast profits or losses from existing operations including the impact of prospective price control within the CMA remedies order and, after making enquiries, have reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis of accounting in preparing these financial statements.”
Group structure
- AIRWAVE SOLUTIONS LIMITED · parent
- Airwave Solutions International Limited 100%
- Airwave Solutions Deutschland GmbH 100%
Significant events
- “In March 2024, the Home Office issued a notice to Airwave to extend the Company's key blue light core contracts to a national shutdown target date of 31 December 2029.”
- “In 2021, the Competition and Markets Authority (CMA) announced that it had opened a market investigation into the supply of public safety mobile radio services in the UK. In 2023, the CMA imposed a legal order on the Company that implemented a prospective price control on Airwave.”
- “On 30 January 2025, after the year end date of these financial statements, the Court of Appeal denied the Company's application for permission to appeal the CAT's judgment.”
- “In December 2024, the Competition Appeal Tribunal (CAT) received an application to begin proposed collective proceedings against the company as well as Motorola Solutions UK Limited, a related group undertaking, and Motorola Solutions, Inc., the ultimate parent company.”
- “The Company has published its carbon reduction plan alongside an intention to track towards achieving net zero emissions by 2050, recognising that the Company's key blue light core contracts currently have a national shutdown target date of 31 December 2029.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
7 active · 53 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ENGLAND, David Jonathan Richard | Secretary | 2020-02-20 | — | — |
| LEE, Yvonne Low Min | Director | 2021-03-31 | Nov 1984 | Malaysian |
| MAHER, Katherine Ann | Director | 2022-02-28 | Oct 1982 | American |
| MAYNE, Fergus Andrew Otway | Director | 2021-07-01 | Nov 1970 | British |
| SHORLAND, David Roger | Director | 2025-12-22 | Jan 1970 | British |
| SMITH, Simon Ross | Director | 2023-12-29 | Jul 1981 | British |
| WADDELL, Ian Alexander | Director | 2021-03-31 | Feb 1979 | British |
Show 53 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAMBER, Joanne | Secretary | 2016-02-19 | 2020-02-20 |
| BOYLE, Paul | Secretary | 2013-01-31 | 2016-02-19 |
| CAMERON-CHILESHE, Stephanie Delores | Secretary | 2011-02-01 | 2013-06-17 |
| DAVIDSON, Rachael Jennifer | Secretary | 2008-11-27 | 2013-01-31 |
| LAWRINSON, Anthony James | Secretary | 2007-04-20 | 2008-02-28 |
| MCDONALD, Susan | Secretary | 2008-02-28 | 2008-11-27 |
| NEWGATE STREET SECRETARIES LIMITED | Corporate Secretary | 2000-04-28 | 2001-11-19 |
| O2 SECRETARIES LIMITED | Corporate Secretary | 2001-11-19 | 2007-04-20 |
| ABEL, Richard | Director | 2010-11-22 | 2016-02-19 |
| BARTMAN, Gareth James | Director | 2000-04-28 | 2000-11-10 |
| BECKLEY, Edward Thomas | Director | 2007-04-20 | 2010-05-17 |
| BEVANS, Graeme Francis | Director | 2009-07-21 | 2010-07-31 |
| BOBBETT, Richard Gordon | Director | 2006-10-19 | 2007-04-20 |
| BORTHWICK, David | Director | 2001-09-06 | 2001-09-20 |
| BRAMWELL, Philip Nicholas | Director | 2014-07-07 | 2016-02-19 |
| BRAMWELL, Philip Nicholas | Director | 2001-09-18 | 2006-10-31 |
| BUCKLING, Michael Andrew | Director | 2008-11-27 | 2009-07-21 |
| CAMPBELL, Justine | Director | 2006-10-31 | 2007-04-20 |
| CARRIER, Alain | Director | 2009-07-21 | 2012-03-08 |
| DAVIES, Scott William | Director | 2009-05-28 | 2009-07-21 |
| DYER, Peter | Director | 2015-06-18 | 2016-02-19 |
| DYER, Peter, Dr | Director | 2011-06-28 | 2014-06-30 |
| ELLIS, Robert Keith | Director | 2013-06-11 | 2014-03-28 |
| FETTER, Daniel Karl | Director | 2009-07-21 | 2012-03-08 |
| HARDAKER, Nigel Ian | Director | 2020-05-27 | 2021-03-31 |
| HARWOOD, Robert John | Director | 2000-11-10 | 2007-04-20 |
| HEATHCOTE, Christopher John | Director | 2014-04-28 | 2015-06-08 |
| HENKEN, Oscar Lynn Alexander | Director | 2019-04-01 | 2023-12-29 |
| KENNEDY, Vincent | Director | 2016-02-19 | 2020-05-27 |
| KOTTERING, Andreas Hermann, Dr | Director | 2009-07-21 | 2012-03-08 |
| LOFTUS, Gerard Christopher | Director | 2014-05-12 | 2016-02-19 |
| LUCKEY, Nathan Andrew | Director | 2014-07-21 | 2016-02-19 |
| LYDON, Ryan Thomas | Director | 2019-12-10 | 2021-03-31 |
| MCCULLAGH, Ian | Director | 2016-02-19 | 2021-06-30 |
| MCHUTCHINSON, Joshua | Director | 2008-03-28 | 2010-03-24 |
| MORIARTY, Gerald Edward | Director | 2008-11-27 | 2009-07-21 |
| NICHOLSON, Madalena Maria | Director | 2019-12-10 | 2020-05-27 |
| PEKOFSKE, Daniel George | Director | 2018-10-31 | 2022-02-28 |
| PERUSAT, Marc Michel | Director | 2010-05-17 | 2013-03-22 |
| RICHARDSON, Peter Nigel | Director | 2003-02-03 | 2009-07-21 |
| ROBERTS, Sarah | Director | 2020-05-27 | 2023-11-10 |
| RYAN, Christina Bridget | Director | 2000-04-28 | 2001-09-18 |
| SHORE, Leonard Peter | Director | 2011-07-07 | 2012-03-08 |
| SHORE, Leonard Peter | Director | 2007-04-20 | 2011-06-28 |
| SMITH, Christopher | Director | 2002-02-15 | 2006-06-29 |
| STANLEY, Martin Stephen William | Director | 2012-03-08 | 2014-03-28 |
| STANLEY, Martin Stephen William | Director | 2009-07-21 | 2010-11-03 |
| TURNER, Keith | Director | 2012-03-08 | 2014-03-28 |
| VASYLEVSKA, Tetyana | Director | 2016-02-19 | 2017-03-10 |
| WADDELL, Ian Alexander | Director | 2017-03-10 | 2019-01-31 |
| WALL, Stephen, Sir | Director | 2007-07-17 | 2011-07-25 |
| WALLIS, Eithne Victoria | Director | 2012-03-08 | 2014-03-28 |
| WOZNIAK, John Kenneth | Director | 2016-02-19 | 2018-10-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Guardian Digital Communications Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 242 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-07 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-14 | AA | accounts | Accounts with accounts type full | |
| 2025-05-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-19 | CH01 | officers | Change person director company with change date | |
| 2024-08-30 | AA | accounts | Accounts with accounts type full | |
| 2024-05-13 | AD02 | address | Change sail address company with old address new address | |
| 2024-05-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-12 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-12 | TM01 | officers | Termination director company with name termination date | |
| 2024-01-12 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-29 | AA | accounts | Accounts with accounts type full | |
| 2023-05-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-02-20 | AD03 | address | Move registers to sail company with new address | |
| 2022-12-28 | AD02 | address | Change sail address company with new address | |
| 2022-12-20 | CH01 | officers | Change person director company with change date | |
| 2022-11-24 | AA | accounts | Accounts with accounts type full | |
| 2022-11-15 | CH01 | officers | Change person director company with change date | |
| 2022-10-27 | CH01 | officers | Change person director company with change date | |
| 2022-04-29 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 1
- 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.