IVY NETWORK TECHNOLOGY U.K. LIMITED
Get an alert when IVY NETWORK TECHNOLOGY U.K. LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-02 (in 10mo)
Last made up 2026-02-16
Watchouts
None on the register
Cash
£2M
USD 2,858,908
+93.1% highest in 4 filed years
Net assets
£280K
USD 374,953
-84.8% first positive since 2020
Employees
36
0% vs 2023
Profit before tax
£257K
USD 344,249
+146.1% vs 2023
Net assets
5-year trend · vs Telecommunications median
Accounts
5-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-01-01 | 2019-12-31 | 2020-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | £6,608,966 | £13,017,076 | |
| Operating profit | — | — | — | -£484,305 | £341,672 | |
| Profit before tax | — | — | — | -£558,637 | £257,344 | |
| Net profit | — | £255,543 | £1,816,690 | -£433,280 | £130,112 | |
| Cash | — | £87,471 | £26,505 | £1,107,005 | £2,137,182 | |
| Total assets less current liabilities | — | -£1,830,461 | -£50,645 | £1,842,924 | £280,297 | |
| Net assets | — | -£1,830,461 | -£50,645 | £1,842,924 | £280,297 | |
| Equity | -£2,086,005 | -£1,830,461 | -£50,645 | £1,842,924 | £280,297 | |
| Average employees | — | 29 | 34 | 36 | 36 | |
| Wages | — | — | — | £2,351,403 | £6,105,027 | |
| Directors' remuneration | — | — | — | — | — |
Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — 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
+97%
£6,608,966 £13,017,076
-
Cash
+93.1%
£1,107,005 £2,137,182
highest in 4 filed years
-
Net assets
-84.8%
£1,842,924 £280,297
first positive since 2020
-
Employees
0%
36 36
-
Operating profit
+170.5%
-£484,305 £341,672
-
Profit before tax
+146.1%
-£558,637 £257,344
-
Wages
+159.6%
£2,351,403 £6,105,027
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 | 2019-01-01 | 2019-12-31 | 2020-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | — | -7.3% | 2.6% | |
| Net margin | — | — | — | -6.6% | 1.0% | |
| Return on capital employed | — | — | — | -26.3% | 121.9% | |
| Current ratio | — | — | — | 1.50x | 1.04x | |
| Interest cover | — | — | — | -6.52x | 4.05x |
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 4 times since incorporation
- IVY NETWORK TECHNOLOGY U.K. LIMITED 2019-09-09 → present
- IQOR NETWORK TECHNOLOGY U.K. LTD 2014-10-29 → 2019-09-09
- TELMAR NETWORK TECHNOLOGY LIMITED 2012-01-23 → 2014-10-29
- JABIL TELMAR NETWORK TECHNOLOGY LTD 2011-12-22 → 2012-01-23
- TELMAR NETWORK TECHNOLOGY LTD 2006-02-16 → 2011-12-22
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- MHA
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “There are no post-balance sheet events.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 24 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DAVIDSON CHALMERS STEWART (SECRETARIAL SERVICES) LIMITED | Corporate Secretary | 2014-06-26 | — | — |
| DONNELLY, Caitriona Patricia | Director | 2020-07-20 | Dec 1974 | Irish |
| HARRISON, David Richard | Director | 2019-10-07 | Feb 1975 | British |
| ORLEANS, John Douglas | Director | 2020-07-20 | May 1972 | Irish |
| WILSON, Frank | Director | 2026-03-31 | Jun 1989 | Irish |
Show 24 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DASTOOR, Michael | Secretary | 2011-12-01 | 2014-04-01 |
| JONES, Alan Michael | Secretary | 2006-02-20 | 2011-12-01 |
| MONTENARO, Daniel Leo | Secretary | 2014-04-01 | 2015-02-09 |
| RIDHA, Ayad | Secretary | 2006-02-16 | 2006-02-20 |
| BREEN, Donal Anthony | Director | 2020-07-20 | 2026-01-23 |
| BUSTER, Dennis | Director | 2009-06-18 | 2009-08-31 |
| CADAVID, Sergio Alonso | Director | 2011-12-01 | 2014-04-01 |
| CHESSER, John Allan | Director | 2014-04-01 | 2015-01-16 |
| DASTOOR, Michael | Director | 2011-12-01 | 2014-04-01 |
| GREFF, Brian | Director | 2011-12-01 | 2015-01-16 |
| KIDWELL, John | Director | 2006-02-20 | 2009-06-03 |
| LAD, Ashvin | Director | 2015-01-16 | 2019-08-19 |
| MARCOVICI, Thomas | Director | 2006-02-16 | 2006-02-20 |
| MATTEWS, Jacqueline Anne | Director | 2006-06-06 | 2009-10-01 |
| MCADAM, John | Director | 2006-02-20 | 2009-06-03 |
| MCALPINE, John Harold | Director | 2009-06-18 | 2011-12-01 |
| MONTENARO, Daniel Leo | Director | 2014-04-01 | 2018-05-18 |
| NEWMYER, Grant Richard | Director | 2015-01-18 | 2018-10-18 |
| O'NEILL, Paul Mark | Director | 2015-01-16 | 2018-04-16 |
| PICKETT, Steven | Director | 2009-06-18 | 2011-12-01 |
| POSZTOS, Aniko Katalin | Director | 2018-05-18 | 2020-07-20 |
| RIDHA, Ayad | Director | 2006-02-16 | 2006-02-20 |
| SHARMA, Jai Parkash | Director | 2006-06-06 | 2009-10-01 |
| VAN PUIJENBROEK, Paul | Director | 2006-02-20 | 2009-06-03 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 131 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-12-15 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-31 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-29 | AA | accounts | Accounts with accounts type full | |
| 2025-02-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-14 | AA | accounts | Accounts with accounts type small | |
| 2024-02-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-18 | CH01 | officers | Change person director company with change date | |
| 2023-12-18 | CH01 | officers | Change person director company with change date | |
| 2023-12-18 | CH01 | officers | Change person director company with change date | |
| 2023-12-15 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2023-12-15 | SH20 | capital | Legacy | |
| 2023-12-15 | CAP-SS | insolvency | Legacy | |
| 2023-12-15 | RESOLUTIONS | resolution | Resolution | |
| 2023-12-12 | AA | accounts | Accounts with accounts type full | |
| 2023-04-19 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2023-04-19 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2023-04-19 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2023-04-19 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2023-03-09 | 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
- 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.