Electronic Equipment, Instruments and Components
Company Overview of HiWave Technologies PLC
Company Overview
Regus House
1010 Cambourne Business Park
Cambourne
Cambridge, CB23 6DP
United Kingdom
Founded in 1952
Key Executives for HiWave Technologies PLC
HiWave Technologies PLC Key Developments
The board of HiWave Technologies PLC announced on February 25, 2013 that it intended to commence the process of appointment of administrators shortly. The appointment of James Sleight and Peter Hart, partners of Geoffrey Martin & Co, as the administrators of the company took effect on March 6, 2013.
HiWave Technologies PLC(LSE:HIW) dropped from FTSE All-Small Index (GBP)
HiWave Technologies PLC reported its Interim Management Statement for the period October 1, 2012 to February 15, 2013. Revenues for the quarter to December 2012 were £200,000, below the Board's expectation, reflecting difficult market conditions. Gross profit margin on component revenue continues to improve at 37% and 100% on royalty revenue; cash and receivables as at 31st December 2012 £900,000; net assets as at 31st December 2012 £400,000; open order book currently over $344,000. The Group's financial position has not changed materially since the release of the Final Results for the year ended 30 September 2012. The Group's financial position has not changed materially since the release of the Final Results for the year ended 30 September 2012 announced on 31 January 2013.
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To contact HiWave Technologies PLC, please visit www.hi-wave.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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