SILICON STORAGE TECHNOLOGY LTD
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Cash
£287K
USD 383,000
-68.5% vs 2024
Net assets
£37M
USD 49,740,000
-6.2% vs 2024
Employees
—
Average over period
Profit before tax
£285K
USD 381,000
+7% vs 2024
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £0 | £0 | — | |
| Operating profit | £9,732 | -£5,240 | -153.8% | |
| Profit before tax | £266,507 | £285,222 | +7% | |
| Net profit | £145,980 | £452,163 | +209.7% | |
| Cash | £909,567 | £286,720 | -68.5% | |
| Total assets less current liabilities | £39,703,548 | £37,236,113 | -6.2% | |
| Net assets | £39,703,548 | £37,236,113 | -6.2% | |
| Equity | £39,703,548 | £37,236,113 | -6.2% | |
| Average employees | — | — | — | |
| Wages | — | — | — | |
| Directors' remuneration | £0 | £0 | — |
Figures converted to GBP from USD at 0.749 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Return on capital employed | 0.0% | -0.0% | |
| Current ratio | 37.53x | 31.93x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements are prepared on a going concern basis which has been supported by the provision of a parental letter of support from its ultimate parent, Microchip Technology Inc. The Group letter of support confirms that the Group will provide support to 31 December 2026 where required. The Directors are satisfied that the Group has the ability to provide this support, should it be required.”
Significant events
- “The company has been inactive throughout the year and since the cessation of its usufruct agreement with SST Inc. in June 2020. It is anticipated that the company will remain inactive for the foreseeable future.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BJORNHOLT, James Eric | Director | 2017-04-28 | Aug 1970 | American |
| EDWARDS, William Nicholas | Director | 2017-06-23 | Sep 1974 | British |
| SHARIF, Mohammed Nawaz | Director | 2017-04-28 | Mar 1970 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Microchip Technology Ireland Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-04-28 | Active |
Filing timeline
Last 20 of 29 total filings
Material constitutional events — rename, articles re-file, resolution
- 2020-06-11 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-23 | AA | accounts | Accounts with accounts type full | |
| 2025-04-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-04 | AA | accounts | Accounts with accounts type full | |
| 2024-05-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-02 | AA | accounts | Accounts with accounts type full | |
| 2023-03-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-12-20 | AA | accounts | Accounts with accounts type full | |
| 2022-04-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-12-23 | AA | accounts | Accounts with accounts type full | |
| 2021-04-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-04-12 | AA | accounts | Accounts with accounts type full | |
| 2020-07-10 | AA | accounts | Accounts with accounts type full | |
| 2020-06-24 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2020-06-11 | SH20 | capital | Legacy | |
| 2020-06-11 | CAP-SS | insolvency | Legacy | |
| 2020-06-11 | RESOLUTIONS | resolution | Resolution | |
| 2020-05-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2019-06-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2019-03-29 | SH20 | capital | Legacy |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- 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.