TRAK MICROWAVE LIMITED

1. TRAK MICROWAVE LIMITED 1993-03-05 → present
2. TRAK MICROWAVE COMPANY LIMITED 1987-11-23 → 1993-03-05
3. CHANNEL MICROWAVE (SCOTLAND) LIMITED 1985-07-26 → 1987-11-23

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 101

Reporting scope

Standalone (parent only)

Auditor

James Cowper Kreston Audit

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared cash flow forecasts for a period of 12 months from the date of approval of these financial statements which indicate that, taking account of reasonably possible downsides on the operations and its financial resources, the Company will have sufficient funds to meet its liabilities as they fall due for that period, including working capital funding, if required, from its parent undertaking Smiths Interconnect Group Limited. The Company participates in a group treasury arrangement. Company's cash flow forecasts are, where necessary, dependent on Smiths Interconnect Group Limited providing financial support during that period. Smiths Interconnect Group Limited has indicated its intention to make available such funds as are needed by the Company over the period covered by the forecasts. Principally by way of early repayment of the long-term receivable of £12,671,053 owed to the Company (note 14). Consequently, the Directors are confident that the Company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”

Significant events

• “On 16th October 2025, Smiths Group Plc announced that it had entered into an agreement for the sale of Smiths Interconnect to Molex Electronic Technologies Holdings, LLC ("Molex", a Koch company). Completion of the Transaction is expected to take place in the second half of fiscal year 2026.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  -7%

  £8,755,000 → £8,138,000

• Cash

  -37.3%

  £75,000 → £47,000

• Net assets

  +0.7%

  £18,268,000 → £18,400,000

• Employees

  +11.1%

  63 → 70

• Operating profit

  -145.9%

  £1,190,000 → -£546,000

• Profit before tax

  -88.6%

  £1,889,000 → £215,000

• Wages

  +31%

  £2,647,000 → £3,467,000

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