CIENA LIMITED
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Next accounts due
2026-07-31 (in 2mo)
Last filed for 2024-11-02
Confirmation statement due
2027-03-24 (in 10mo)
Last made up 2026-03-10
Watchouts
None on the register
Cash
£0
-100% vs 2023
Net assets
£694M
-6.6% vs 2023
Employees
630
-19% vs 2023
Profit before tax
£22M
-59.2% vs 2023
Net assets
2-year trend · vs Telecommunications median
Accounts
2-year trend · latest reflected 2024-11-02
| Metric | Trend | 2023-10-28 | 2024-11-02 |
|---|---|---|---|
| Turnover | £172,247,573 | £195,432,711 | |
| Operating profit | £4,870,768 | £6,887,450 | |
| Profit before tax | £54,742,704 | £22,314,476 | |
| Net profit | £46,119,224 | £23,166,852 | |
| Cash | £56,165,755 | £0 | |
| Total assets less current liabilities | £746,078,850 | £701,961,618 | |
| Net assets | £742,811,648 | £693,664,557 | |
| Equity | £742,811,648 | £693,664,557 | |
| Average employees | 778 | 630 | |
| Wages | £71,921,248 | £72,699,144 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-10-28 | 2024-11-02 |
|---|---|---|---|
| Operating margin | 2.8% | 3.5% | |
| Net margin | 26.8% | 11.9% | |
| Return on capital employed | 0.7% | 1.0% | |
| Current ratio | 1.94x | 1.11x | |
| Interest cover | 7.90x | 9.48x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- BKL Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's 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 original financial statements were authorised for issue.”
Group structure
- CIENA LIMITED · parent
- Ciena Spain S.L. 100%
- Ciena Global Products Company, Ltd. 100%
- Ciena Australia Pty. Ltd 100%
- Ciena Israel Ltd. 100%
- Ciena Comm Guatemala SA 100%
- Ciena (Asia) Limited 100%
- Ciena Comm (Malaysia) Sdn.Bhg 100%
- Ciena Comm Japan Co., Ltd. 100%
- Ciena US Holding I, LLC 100%
- Ciena US Holding III, LLC 100%
- Ciena Canada, ULC 100%
- Ciena Communications Brasil Ltd. 100%
- Yun Jie Business Information Consulting (Shanghai) Co., Ltd 100%
- Ciena Norway AS 100%
- Ciena South Africa Propietary Limited 100%
Significant events
- “Going forward Ciena Limited will act as a limited-risk distributor that buys products from Ciena's global distribution company and sells those products to third parties and related parties. Ciena Limited also operates as Ciena's marketing, sales support, and customer support entity in UK. It markets Ciena products and provides post-sales support to customers in its local territory.”
- “On 13 June 2025, the Company allotted 1 ordinary share of £1 each at a price of £325,000,000 per share, raising total proceeds of £325,000,000. The shares were fully paid on issue. On 30 June 2025, the Company allotted 1 ordinary share of £1 each at a price of £96,617,814 per share, raising total proceeds of £96,617,814. The shares were fully paid on issue.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 24 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LICHTER, Erik Jordan | Secretary | 2024-08-27 | — | — |
| LICHTER, Erik Jordan | Director | 2024-08-27 | Apr 1972 | American |
| LIU, Jiong | Director | 2024-08-27 | Sep 1968 | American |
Show 24 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BATES, Roger | Secretary | 1997-03-11 | 1998-04-27 |
| CHINNICI, Joseph Ralph | Secretary | 1998-05-28 | 2000-10-02 |
| DE ORY, Rafael | Secretary | 2001-04-09 | 2003-05-05 |
| GOURLAY, Theresa | Secretary | 2004-06-10 | 2007-04-05 |
| JEFFERY, Nicholas Simon | Secretary | 2003-05-05 | 2004-06-10 |
| MERCER, Kevin | Secretary | 2007-09-27 | 2015-10-30 |
| POWELL, Guy | Secretary | 1998-04-27 | 2000-09-29 |
| ROTHENSTEIN, David Marc | Secretary | 2015-11-17 | 2024-08-27 |
| RUUD, Edvin | Secretary | 2000-10-02 | 2001-04-09 |
| STEVENSON JR, Russell Bennett | Secretary | 2007-04-05 | 2007-09-27 |
| QUADRANGLE SECRETARIES LIMITED | Corporate Nominee Secretary | 1997-03-10 | 1997-03-12 |
| AQUINO, Michael Gerard | Director | 2006-04-19 | 2012-03-05 |
| BATES, Roger | Director | 1997-03-11 | 1998-04-27 |
| CHINNICI, Joseph Ralph | Director | 1997-03-11 | 2007-12-31 |
| COLLIER III, James F | Director | 2004-06-10 | 2006-04-19 |
| FAGEN, William Michael | Director | 1997-03-11 | 1998-01-19 |
| JEFFERY, Nicholas Simon | Director | 2004-03-11 | 2004-06-10 |
| MOYLAN, JR., James E. | Director | 2008-01-02 | 2024-08-27 |
| NETTLES, Patrick Henly | Director | 1997-03-11 | 2003-03-13 |
| POWELL, Guy | Director | 1998-04-27 | 2000-09-29 |
| ROTHENSTEIN, David Marc | Director | 2008-10-31 | 2024-08-27 |
| STEVENSON JR, Russell Bennett | Director | 2003-03-13 | 2008-10-31 |
| STOORNE INCORPORATIONS LIMITED | Corporate Nominee Director | 1997-03-10 | 1997-03-12 |
| STOORNE SERVICES LIMITED | Corporate Nominee Director | 1997-03-10 | 1997-03-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Ciena Global Holding Lp | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-06-17 | Active |
| Ciena Global Holding, Lp | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-06-17 | Active |
| Ciena Corporation | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2021-06-17 |
Filing timeline
Last 20 of 166 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-11-06 RP04SH01 Legacy
- 2023-12-28 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-11-06 | RP04SH01 | change-of-name | Legacy | |
| 2025-11-04 | AA | accounts | Accounts with accounts type full | |
| 2025-09-04 | SH01 | capital | Capital allotment shares | |
| 2025-09-04 | SH01 | capital | Capital allotment shares | |
| 2025-03-18 | AD02 | address | Change sail address company with old address new address | |
| 2025-03-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-06 | AA | accounts | Accounts with accounts type full | |
| 2024-08-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-28 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-08-28 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-28 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-08-28 | AP01 | officers | Appoint person director company with name date | |
| 2024-03-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-04 | AD02 | address | Change sail address company with old address new address | |
| 2023-12-28 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2023-12-28 | SH20 | capital | Legacy | |
| 2023-12-28 | CAP-SS | insolvency | Legacy | |
| 2023-12-28 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 2
- 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.
Year-on-year
FY2023 → FY2024 · period ending 2024-11-02 vs 2023-10-28
-
Turnover
+13.5%
£172,247,573 £195,432,711
-
Cash
-100%
£56,165,755 £0
-
Net assets
-6.6%
£742,811,648 £693,664,557
-
Employees
-19%
778 630
-
Operating profit
+41.4%
£4,870,768 £6,887,450
-
Profit before tax
-59.2%
£54,742,704 £22,314,476
-
Wages
+1.1%
£71,921,248 £72,699,144
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