ETHERSTACK WIRELESS LIMITED
Get an alert when ETHERSTACK WIRELESS LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
—
Latest balance sheet
Net assets
—
Equity attributable
Employees
—
Average over period
Profit before tax
—
Period ending 2025-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
3-year trend · vs Technology 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 | £2,737,684 | £592,168 | £3,812,245 | +543.8% | |
| Operating profit | -£7,060 | -£3,210,761 | — | — | |
| Profit before tax | -£732,664 | -£4,073,543 | — | — | |
| Net profit | -£564,010 | -£3,948,583 | — | — | |
| Cash | £922,498 | £6,367 | — | — | |
| Total assets less current liabilities | £9,563,069 | £8,003,820 | — | — | |
| Net assets | -£7,592,564 | -£11,652,340 | — | — | |
| Equity | -£7,592,564 | — | — | — | |
| Average employees | 8 | 8 | — | — | |
| Wages | £707,562 | £740,210 | — | — | |
| Directors' remuneration | £91,779 | £98,695 | — | — | |
| Highest paid director | £46,282 | £49,347 | — | — |
Figures converted to GBP from USD at 0.742 per USD (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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -0.3% | — | — | |
| Net margin | -20.6% | — | — | |
| Return on capital employed | -0.1% | -40.1% | — | |
| Gearing (liabilities / total assets) | 176.2% | 238.0% | — | |
| Current ratio | 6.82x | 3.02x | — | |
| Interest cover | -0.01x | -3.67x | — |
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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- ETHERSTACK WIRELESS LIMITED 2019-11-12 → present
- ETHERSTACK LONDON LIMITED 2012-05-04 → 2019-11-12
- ETHERSTACK LIMITED 2006-01-16 → 2012-05-04
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PKF Littlejohn LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on existing cash resources, and current and forecasted performance, including consideration of the impacts of macroeconomic uncertainties relevant to the key markets in which Etherstack operates, and a range of mitigating actions that are available, including financial support commitments from Directors of Etherstack plc, the Directors reasonably expect there to continue to be sufficient cash resources to be able to pay liabilities as they fall due for at least 12 months from the date of approval of these financial statements. Accordingly, the Directors continue to adopt the going concern basis of accounting in preparing the annual financial statements.”
Group structure
- ETHERSTACK WIRELESS LIMITED · parent
- Indian Pacific Nederland BV 100%
- Etherstack Inc. 100%
- Etherstack Pty Limited 100%
- Auria Wireless Pty Limited 100%
- Etherstack Japan Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BARNES, Paul Martin | Secretary | 2006-01-26 | — | British |
| HOEY, Adam Michael | Secretary | 2025-08-26 | — | — |
| BARNES, Paul Martin | Director | 2006-01-26 | Sep 1953 | British |
| DEACON, David Andrew | Director | 2006-01-26 | Jun 1969 | Australian |
| STEPHENS, Peter Francis Howard | Director | 2007-09-14 | Oct 1955 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BHARDWAJ, Ashok | Nominee Secretary | 2006-01-16 | 2006-01-16 |
| GOFF, William Thomas Noel Patrick | Director | 2007-09-14 | 2009-11-30 |
| SWANN, Kevin | Director | 2007-04-01 | 2008-10-17 |
| TURNER, Nicholas John | Director | 2007-09-14 | 2009-11-30 |
| BHARDWAJ CORPORATE SERVICES LIMITED | Corporate Nominee Director | 2006-01-16 | 2006-01-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Etherstack Plc | Corporate entity | Shares 75–100% | 2016-06-30 | Active |
Filing timeline
Last 20 of 89 total filings
Material constitutional events — rename, articles re-file, resolution
- 2019-11-12 RESOLUTIONS Resolution PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-11 | AA | accounts | Accounts with accounts type full | |
| 2026-03-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-27 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-08-22 | AA | accounts | Accounts with accounts type full | |
| 2025-04-10 | CH01 | officers | Change person director company with change date | |
| 2025-02-27 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-01-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-08 | AA | accounts | Accounts with accounts type full | |
| 2024-05-23 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-01-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-17 | AA | accounts | Accounts with accounts type full | |
| 2023-01-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-14 | AA | accounts | Accounts with accounts type full | |
| 2022-01-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-23 | AA | accounts | Accounts with accounts type full | |
| 2021-01-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-07-16 | AA | accounts | Accounts with accounts type full | |
| 2020-01-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-11-12 | RESOLUTIONS | resolution | Resolution | |
| 2019-07-30 | 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.