PLESSEY SEMICONDUCTORS LIMITED
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Next accounts due
2027-03-31 (in 10mo)
Last filed for 2025-06-30
Confirmation statement due
2027-01-01 (in 8mo)
Last made up 2025-12-18
Watchouts
Cash
£34M
-3.7% vs 2024
Net assets
£7M
-70.9% vs 2024
Employees
267
-4.6% vs 2024
Profit before tax
£11M
+5.6% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2025-06-30
| Metric | Trend | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Turnover | £56,006,000 | £54,686,000 | |
| Operating profit | £10,967,000 | £11,005,000 | |
| Profit before tax | £10,506,000 | £11,092,000 | |
| Net profit | £9,295,000 | £7,512,000 | |
| Cash | £35,413,000 | £34,096,000 | |
| Total assets less current liabilities | £70,873,000 | £40,773,000 | |
| Net assets | £24,650,000 | £7,162,000 | |
| Equity | £24,650,000 | £7,162,000 | |
| Average employees | 280 | 267 | |
| Wages | £15,064,000 | £15,545,000 | |
| Directors' remuneration | £3,173,000 | £683,000 |
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
Year-on-year
FY2024 → FY2025 · period ending 2025-06-30 vs 2024-06-30
-
Turnover
-2.4%
£56,006,000 £54,686,000
-
Cash
-3.7%
£35,413,000 £34,096,000
-
Net assets
-70.9%
£24,650,000 £7,162,000
-
Employees
-4.6%
280 267
-
Operating profit
+0.3%
£10,967,000 £11,005,000
-
Profit before tax
+5.6%
£10,506,000 £11,092,000
-
Wages
+3.2%
£15,064,000 £15,545,000
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-06-30 | 2025-06-30 |
|---|---|---|---|
| Operating margin | 19.6% | 20.1% | |
| Net margin | 16.6% | 13.7% | |
| Return on capital employed | 15.5% | 27.0% | |
| Gearing (liabilities / total assets) | 80.2% | 92.4% | |
| Current ratio | 1.21x | 1.04x | |
| Interest cover | 7.08x | 7.54x |
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
- PLESSEY SEMICONDUCTORS LIMITED 2010-01-14 → present
- X-FAB U.K. LTD. 2000-12-18 → 2010-01-14
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company therefore continues to adopt the going concern basis in preparing its financial statements.”
Group structure
- PLESSEY SEMICONDUCTORS LIMITED · parent
- Plessey Lighting Limited
- JSFM Tamerton Limited
Significant events
- “On 15 August 2025, the company and its direct subsidiaries were acquired by Haylo Labs Limited. Immediately subsequent to the acquisition, the company purchased $28.9m (£21.4m) of plant and machinery from its strategic partner to provide control over its end-to-end production facilities.”
- “The company has also entered into a material loan agreement with its new parent, Haylo Labs Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 20 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LUDKIN, Maria | Secretary | 2025-08-15 | — | — |
| HAYES, David | Director | 2025-08-15 | May 1971 | British |
| SMITH, Richard Alexander Buchan | Director | 2025-08-15 | Nov 1969 | British |
Show 20 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| STANTON, Hilary Lesley | Secretary | 2002-03-13 | 2009-12-31 |
| STANTON, Hilary Lesley | Secretary | 2001-02-08 | 2001-03-23 |
| ABOGADO NOMINEES LIMITED | Corporate Nominee Secretary | 2000-12-18 | 2001-02-08 |
| CHALFEN SECRETARIES LIMITED | Corporate Secretary | 2001-03-23 | 2002-02-27 |
| ALLCHURCH, Andrew Robert | Director | 2002-03-13 | 2005-11-02 |
| BAILEY, Christopher Simon | Director | 2002-03-13 | 2024-06-26 |
| BAILEY, Christopher Simon | Director | 2001-02-08 | 2001-03-23 |
| BOLD, Brenda Shaun | Director | 2005-11-02 | 2007-04-20 |
| CAWSE, David Alan | Director | 2007-04-20 | 2008-07-09 |
| LE GOFF, Michael | Director | 2009-12-31 | 2018-07-05 |
| MEYOHAS, Marc Joseph | Director | 2011-04-20 | 2011-10-17 |
| MROS, Harald | Director | 2001-08-01 | 2002-12-03 |
| RIEMER, Manfred, Dr | Director | 2005-11-02 | 2007-04-20 |
| SAND, Falk | Director | 2001-03-23 | 2001-08-01 |
| SILVESTER, Iain Charles | Director | 2018-07-05 | 2025-08-15 |
| STRICKLAND, Keith, Dr | Director | 2022-04-06 | 2025-08-15 |
| WINKLER, Volker | Director | 2002-12-03 | 2004-08-16 |
| WORRALL, Alan | Director | 2001-02-08 | 2001-03-23 |
| ABOGADO CUSTODIANS LIMITED | Corporate Nominee Director | 2000-12-18 | 2001-02-08 |
| ABOGADO NOMINEES LIMITED | Corporate Nominee Director | 2000-12-18 | 2001-02-08 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Haylo Labs Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-08-15 | Active |
| Plessey Group Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2025-08-15 |
Filing timeline
Last 20 of 153 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-07 | AA | accounts | Accounts with accounts type full | |
| 2025-12-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-08-19 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-08-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-08-19 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-19 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-19 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-08-19 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-04-28 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-04-28 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-01-10 | AA | accounts | Accounts with accounts type full | |
| 2024-12-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-05 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-06-27 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-19 | AA | accounts | Accounts with accounts type full | |
| 2023-12-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-10 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 0
- Officers appointed
- 3
- Officers resigned
- 2
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.