TREND NETWORKS LIMITED

1. TREND NETWORKS LIMITED 2021-03-31 → present
2. IDEAL INDUSTRIES NETWORKS LIMITED 2018-04-24 → 2021-03-31

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Blick Rothenberg Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Following their review of the company's performance and financial position the directors have a reasonable expectation that the company has adequate resources to continue in operational existence and will continue to meet its liabilities as they fall due for the foreseeable future, being a period of at least one year from the date these financial statements are approved. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”

Significant events

• “The launch of the first product out of the company's new Blackbird technology platform the SignalTEK QT qualifier - was well received by the market.”
• “Trading strengthened materially again from September onwards, with a strong fourth quarter completing a visible recovery in both revenue and EBITDA trends as the year closed.”
• “2025 was characterised by a highly variable macroeconomic environment across the company's key markets. Following a strong first quarter, trading conditions were impacted by the April "Liberation Day" tariffs announcement, which created a more challenging backdrop through the summer months.”
• “Overall profitability has significantly increased for 2025 due to intercompany debtors being forgiven in full for 2024.”
• “Working capital was elevated during parts of the year, with inventory closing at £2.3m (2024: £2m), following a decision to increase selected component inventory in order to manage supply chain risk and pricing volatility. Inventory peaked mid-year before reducing in the final quarter.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -6.4%

  £15,066,000 → £14,105,000

• Cash

  -61.4%

  £808,000 → £312,000

• Net assets

  +41.7%

  £4,336,000 → £6,145,000

• Employees

  +4.4%

  45 → 47

• Operating profit

  +46.2%

  £1,290,000 → £1,886,000

• Profit before tax

  +202.2%

  -£1,886,000 → £1,928,000

• Wages

  +9.7%

  £2,902,000 → £3,183,000

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