WINDAR PHOTONICS PLC
Get an alert when WINDAR PHOTONICS PLC files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£3.5m
EUR 4,039,278
-39.9% vs 2024
Net assets
£6.4m
EUR 7,310,174
-12.8% vs 2024
Employees
38
+18.8% highest in 3 filed years
Profit before tax
-£2m
EUR -2,247,934
+3.4% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
These events or conditions indicate that a material uncertainty exists that may cast significant doubt on the Group and Company's ability to continue as a going concern.
-
Audit opinion: Disclaimer of opinion
Latest auditor's report carried a non-clean opinion.
-
Going-concern uncertainty disclosed
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 | £4,140,089 | £2,794,666 | £4,951,325 | +77.2% | |
| Operating profit | -£96,463 | -£1,998,407 | -£1,299,999 | +34.9% | |
| Profit before tax | -£304,952 | -£2,029,450 | -£1,960,522 | +3.4% | |
| Net profit | -£158,534 | -£1,850,419 | -£1,652,274 | +10.7% | |
| Cash | £132,181 | £5,861,262 | £3,522,831 | -39.9% | |
| Total assets less current liabilities | £1,518,598 | £7,307,565 | £6,429,549 | -12% | |
| Net assets | £230,108 | £7,307,518 | £6,375,522 | -12.8% | |
| Equity | £230,108 | £7,307,518 | £6,375,522 | -12.8% | |
| Average employees | 27 | 32 | 38 | +18.8% | |
| Wages | £1,104,837 | £1,513,368 | £1,928,658 | +27.4% | |
| Directors' remuneration | £69,293 | £414,623 | £436,182 | +5.2% | |
| Highest paid director | £24,624 | £165,893 | £184,957 | +11.5% |
Figures converted to GBP from EUR at 0.872 per EUR (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 | -2.3% | -71.5% | -26.3% | |
| Net margin | -3.8% | -66.2% | -33.4% | |
| Return on capital employed | -6.4% | -27.3% | -20.2% | |
| Gearing (liabilities / total assets) | 92.6% | 36.6% | 31.5% | |
| Current ratio | 0.99x | 3.14x | — | |
| Interest cover | -0.46x | -64.38x | -1.56x |
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 1 time since incorporation
- WINDAR PHOTONICS PLC 2014-12-12 → present
- WINDAR PHOTONICS LIMITED 2014-05-06 → 2014-12-12
Audit & accounting basis
- Accounting basis
- UK-adopted international accounting standards
- Reporting scope
- Standalone (parent only)
- Auditor
- Buzzacott Audit LLP
- Audit opinion
- Disclaimer of opinion
- Going concern
- Material uncertainty disclosed
“These events or conditions indicate that a material uncertainty exists that may cast significant doubt on the Group and Company's ability to continue as a going concern.”
Group structure
- WINDAR PHOTONICS PLC · parent
- Windar Denmark ApS 100%
- Windar Photonics A/S 100%
- Windar Photonics (Shanghai) Co. Ltd. 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| RATNAM, Edward Indran | Secretary | 2014-12-12 | — | British |
| BELMAR, Soren Karles | Director | 2025-10-20 | Sep 1989 | Danish |
| HODGES, Paul Joseph | Director | 2021-03-16 | Aug 1959 | British |
| LIS, David George | Director | 2023-10-06 | Feb 1950 | British |
| MANSON, Gavin Maxwell | Director | 2024-02-14 | Feb 1966 | British |
| NIELSEN, Andreas Berg | Director | 2025-06-09 | May 1979 | Danish |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARRELL, Simon Gregory | Director | 2014-12-08 | 2020-03-13 |
| CARLSEN, Nlels Vejrup | Director | 2014-08-29 | 2016-02-29 |
| ERSGARD, Stig Gert | Director | 2014-08-29 | 2015-01-08 |
| HOFFER, Soren | Director | 2017-12-29 | 2021-03-16 |
| JENSEN, Jorgen Korsgaard | Director | 2014-05-06 | 2026-01-06 |
| PETERSEN, Johan Blach, Mr. | Director | 2014-08-29 | 2024-04-09 |
| RAMBUSCH, Martin | Director | 2014-08-29 | 2016-09-15 |
| RICHARDSON, Andrew John | Director | 2022-12-19 | 2025-08-01 |
| WESTON, John Pix | Director | 2014-12-03 | 2017-12-29 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 123 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-08-18 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-14 | AA | accounts | Accounts with accounts type group | |
| 2026-08-25 | AUD | auditors | Auditors resignation company | |
| 2026-08-18 | RESOLUTIONS | resolution | Resolution | |
| 2026-05-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-05-21 | RP01SH01 | miscellaneous | Legacy | |
| 2026-05-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-17 | SH01 | capital | Capital allotment shares | |
| 2026-03-27 | SH01 | capital | Capital allotment shares | |
| 2026-03-27 | SH01 | capital | Capital allotment shares | |
| 2026-01-06 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-13 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-06 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-08 | AA | accounts | Accounts with accounts type group | |
| 2025-06-25 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-01 | CH01 | officers | Change person director company with change date | |
| 2025-05-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-05-01 | CH01 | officers | Change person director company with change date | |
| 2025-05-01 | CH01 | officers | Change person director company with change date | |
| 2025-05-01 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 11
- Capital events
- 3
- 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.