swindon silicon systems limited
swindon silicon systems limited Company Information
Company Number
01378199
Next Accounts
Sep 2025
Shareholders
august uk holdco limited
Group Structure
View All
Industry
Manufacture of electronic components
Registered Address
interface house, interface business park, binckno, swindon, wiltshire, SN4 8SY
swindon silicon systems limited Estimated Valuation
Pomanda estimates the enterprise value of SWINDON SILICON SYSTEMS LIMITED at £94.7m based on a Turnover of £65.5m and 1.45x industry multiple (adjusted for size and gross margin).
swindon silicon systems limited Estimated Valuation
Pomanda estimates the enterprise value of SWINDON SILICON SYSTEMS LIMITED at £106.1m based on an EBITDA of £12.4m and a 8.56x industry multiple (adjusted for size and gross margin).
swindon silicon systems limited Estimated Valuation
Pomanda estimates the enterprise value of SWINDON SILICON SYSTEMS LIMITED at £50m based on Net Assets of £22.4m and 2.23x industry multiple (adjusted for liquidity).
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Swindon Silicon Systems Limited Overview
Swindon Silicon Systems Limited is a live company located in swindon, SN4 8SY with a Companies House number of 01378199. It operates in the manufacture of electronic components sector, SIC Code 26110. Founded in July 1978, it's largest shareholder is august uk holdco limited with a 100% stake. Swindon Silicon Systems Limited is a mature, large sized company, Pomanda has estimated its turnover at £65.5m with healthy growth in recent years.
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Swindon Silicon Systems Limited Health Check
Pomanda's financial health check has awarded Swindon Silicon Systems Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £65.5m, make it larger than the average company (£20.7m)
£65.5m - Swindon Silicon Systems Limited
£20.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (7.1%)
10% - Swindon Silicon Systems Limited
7.1% - Industry AVG
Production
with a gross margin of 20.1%, this company has a higher cost of product (30.4%)
20.1% - Swindon Silicon Systems Limited
30.4% - Industry AVG
Profitability
an operating margin of 18% make it more profitable than the average company (6.8%)
18% - Swindon Silicon Systems Limited
6.8% - Industry AVG
Employees
with 81 employees, this is similar to the industry average (88)
81 - Swindon Silicon Systems Limited
88 - Industry AVG
Pay Structure
on an average salary of £81k, the company has a higher pay structure (£48.3k)
£81k - Swindon Silicon Systems Limited
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £809.1k, this is more efficient (£181.5k)
£809.1k - Swindon Silicon Systems Limited
£181.5k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (51 days)
14 days - Swindon Silicon Systems Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 86 days, this is slower than average (37 days)
86 days - Swindon Silicon Systems Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 160 days, this is more than average (92 days)
160 days - Swindon Silicon Systems Limited
92 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (18 weeks)
0 weeks - Swindon Silicon Systems Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 39.7%, this is a similar level of debt than the average (40.7%)
39.7% - Swindon Silicon Systems Limited
40.7% - Industry AVG
SWINDON SILICON SYSTEMS LIMITED financials
Swindon Silicon Systems Limited's latest turnover from December 2023 is £65.5 million and the company has net assets of £22.4 million. According to their latest financial statements, Swindon Silicon Systems Limited has 81 employees and maintains cash reserves of £83 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 65,537,000 | 66,706,000 | 55,814,000 | 49,576,000 | 60,323,000 | 61,934,000 | 59,362,000 | 58,795,000 | 48,020,000 | 32,255,000 | 24,318,000 | 20,407,000 | 18,139,000 | 12,564,000 | |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 52,386,000 | 44,576,000 | 38,744,000 | 38,462,000 | 46,603,000 | 44,785,000 | 43,929,000 | 43,001,000 | 37,782,000 | 26,783,000 | 18,311,000 | 15,600,000 | 12,318,000 | 8,806,000 | |
| Gross Profit | 13,151,000 | 22,130,000 | 17,070,000 | 11,114,000 | 13,720,000 | 17,149,000 | 15,433,000 | 15,794,000 | 10,238,000 | 5,472,000 | 6,007,000 | 4,807,000 | 5,821,000 | 3,758,000 | |
| Admin Expenses | 1,351,000 | 6,309,000 | 3,454,000 | 4,074,000 | 3,771,000 | 1,757,000 | 5,213,000 | 2,224,000 | 3,443,000 | 3,824,000 | 3,347,000 | 3,296,000 | 2,424,000 | 2,096,000 | |
| Operating Profit | 11,800,000 | 15,821,000 | 13,616,000 | 7,040,000 | 9,949,000 | 15,392,000 | 10,220,000 | 13,570,000 | 6,795,000 | 1,648,000 | 2,660,000 | 1,511,000 | 3,397,000 | 1,662,000 | |
| Interest Payable | 152,000 | 170,000 | 187,000 | 225,000 | 193,000 | 3,000 | 4,000 | ||||||||
| Interest Receivable | 70,000 | 28,000 | |||||||||||||
| Pre-Tax Profit | 11,648,000 | 15,651,000 | 13,429,000 | 6,815,000 | 9,756,000 | 15,392,000 | 10,220,000 | 13,570,000 | 6,795,000 | 1,648,000 | 2,660,000 | 1,508,000 | 3,467,000 | 1,686,000 | |
| Tax | -1,919,000 | -1,443,000 | -1,805,000 | -797,000 | -1,286,000 | -2,203,000 | -961,000 | -1,620,000 | -902,000 | -310,000 | -373,000 | -37,000 | -938,000 | -574,000 | |
| Profit After Tax | 9,729,000 | 14,208,000 | 11,624,000 | 6,018,000 | 8,470,000 | 13,189,000 | 9,259,000 | 11,950,000 | 5,893,000 | 1,338,000 | 2,287,000 | 1,471,000 | 2,529,000 | 1,112,000 | |
| Dividends Paid | |||||||||||||||
| Retained Profit | 9,729,000 | 14,208,000 | 11,624,000 | 6,018,000 | 8,470,000 | 13,189,000 | 9,259,000 | 11,950,000 | 5,893,000 | 1,338,000 | 2,287,000 | 1,471,000 | 2,529,000 | 1,112,000 | |
| Employee Costs | 6,561,000 | 5,857,000 | 5,610,000 | 6,374,000 | 8,511,000 | 8,208,000 | 7,944,000 | 7,746,000 | 7,404,000 | 6,927,000 | 5,797,000 | 5,088,000 | 4,203,000 | 3,559,000 | |
| Number Of Employees | 81 | 74 | 76 | 88 | 121 | 137 | 135 | 130 | 124 | 111 | 88 | 84 | 67 | 57 | |
| EBITDA* | 12,403,000 | 16,578,000 | 14,368,000 | 7,827,000 | 11,669,000 | 16,883,000 | 11,650,000 | 15,196,000 | 8,171,000 | 2,388,000 | 3,208,000 | 2,024,000 | 3,723,000 | 1,967,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,195,000 | 4,678,000 | 4,843,000 | 5,110,000 | 6,186,000 | 8,567,000 | 9,451,000 | 9,826,000 | 10,846,000 | 8,687,000 | 2,840,000 | 2,679,000 | 1,365,000 | 760,000 | |
| Intangible Assets | 895,000 | ||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 5,090,000 | 4,678,000 | 4,843,000 | 5,110,000 | 6,186,000 | 8,567,000 | 9,451,000 | 9,826,000 | 10,846,000 | 8,687,000 | 2,840,000 | 2,679,000 | 1,365,000 | 760,000 | |
| Stock & work in progress | 23,061,000 | 19,335,000 | 14,601,000 | 9,029,000 | 14,392,000 | 11,175,000 | 10,386,000 | 10,216,000 | 6,143,000 | 7,880,000 | 3,428,000 | 4,006,000 | 2,469,000 | 1,354,000 | |
| Trade Debtors | 2,670,000 | 1,442,000 | 1,178,000 | 463,000 | 1,197,000 | 1,045,000 | 836,000 | 1,235,000 | 505,000 | 176,000 | 526,000 | 266,000 | 294,000 | 204,000 | |
| Group Debtors | 12,296,000 | 18,248,000 | 773,000 | 16,546,000 | 14,779,000 | 3,878,000 | 3,810,000 | 3,474,000 | 1,983,000 | 6,969,000 | 5,716,000 | ||||
| Misc Debtors | 6,257,000 | 1,080,000 | 1,733,000 | 487,000 | 414,000 | 654,000 | 1,480,000 | 427,000 | 293,000 | 1,082,000 | 695,000 | 304,000 | 121,000 | 130,000 | |
| Cash | 83,000 | 273,000 | 196,000 | 549,000 | 2,549,000 | 2,451,000 | 4,340,000 | 2,273,000 | 2,511,000 | 642,000 | 52,000 | 544,000 | 2,000 | 368,000 | |
| misc current assets | |||||||||||||||
| total current assets | 32,071,000 | 34,426,000 | 17,708,000 | 28,776,000 | 19,325,000 | 15,325,000 | 33,588,000 | 28,930,000 | 13,330,000 | 13,590,000 | 8,175,000 | 7,103,000 | 9,855,000 | 7,772,000 | |
| total assets | 37,161,000 | 39,104,000 | 22,551,000 | 33,886,000 | 25,511,000 | 23,892,000 | 43,039,000 | 38,756,000 | 24,176,000 | 22,277,000 | 11,015,000 | 9,782,000 | 11,220,000 | 8,532,000 | |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 12,379,000 | 7,884,000 | 2,638,000 | 2,582,000 | 1,593,000 | 2,493,000 | 3,617,000 | 7,258,000 | 3,847,000 | 4,129,000 | 1,965,000 | 1,277,000 | 491,000 | 611,000 | |
| Group/Directors Accounts | 956,000 | 6,109,000 | 1,674,000 | 5,650,000 | 352,000 | 2,265,000 | 220,000 | 242,000 | |||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 257,000 | 240,000 | 3,000 | ||||||||||||
| other current liabilities | 1,838,000 | 4,039,000 | 2,862,000 | 3,567,000 | 1,541,000 | 2,330,000 | 1,255,000 | 850,000 | 1,174,000 | 1,003,000 | 1,304,000 | 1,000,000 | |||
| total current liabilities | 12,379,000 | 7,884,000 | 5,689,000 | 6,861,000 | 4,455,000 | 12,169,000 | 5,158,000 | 9,588,000 | 6,776,000 | 10,629,000 | 3,491,000 | 4,545,000 | 2,015,000 | 1,856,000 | |
| loans | |||||||||||||||
| hp & lease commitments | 1,844,000 | 2,107,000 | 2,381,000 | 2,638,000 | 2,773,000 | ||||||||||
| Accruals and Deferred Income | 2,033,000 | 1,947,000 | 2,119,000 | ||||||||||||
| other liabilities | 516,000 | 226,000 | 98,000 | 2,816,000 | |||||||||||
| provisions | 63,000 | 37,000 | 374,000 | 2,675,000 | |||||||||||
| total long term liabilities | 2,360,000 | 2,333,000 | 2,479,000 | 2,701,000 | 2,810,000 | 2,033,000 | 1,947,000 | 2,493,000 | 2,675,000 | 2,816,000 | |||||
| total liabilities | 14,739,000 | 10,217,000 | 8,168,000 | 9,562,000 | 7,265,000 | 14,202,000 | 7,105,000 | 12,081,000 | 9,451,000 | 13,445,000 | 3,491,000 | 4,545,000 | 2,015,000 | 1,856,000 | |
| net assets | 22,422,000 | 28,887,000 | 14,383,000 | 24,324,000 | 18,246,000 | 9,690,000 | 35,934,000 | 26,675,000 | 14,725,000 | 8,832,000 | 7,524,000 | 5,237,000 | 9,205,000 | 6,676,000 | |
| total shareholders funds | 22,422,000 | 28,887,000 | 14,383,000 | 24,324,000 | 18,246,000 | 9,690,000 | 35,934,000 | 26,675,000 | 14,725,000 | 8,832,000 | 7,524,000 | 5,237,000 | 9,205,000 | 6,676,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 11,800,000 | 15,821,000 | 13,616,000 | 7,040,000 | 9,949,000 | 15,392,000 | 10,220,000 | 13,570,000 | 6,795,000 | 1,648,000 | 2,660,000 | 1,511,000 | 3,397,000 | 1,662,000 | |
| Depreciation | 603,000 | 757,000 | 752,000 | 787,000 | 1,720,000 | 1,491,000 | 1,430,000 | 1,626,000 | 1,376,000 | 740,000 | 548,000 | 513,000 | 326,000 | 305,000 | |
| Amortisation | |||||||||||||||
| Tax | -1,919,000 | -1,443,000 | -1,805,000 | -797,000 | -1,286,000 | -2,203,000 | -961,000 | -1,620,000 | -902,000 | -310,000 | -373,000 | -37,000 | -938,000 | -574,000 | |
| Stock | 3,726,000 | 4,734,000 | 5,572,000 | -5,363,000 | 3,217,000 | 789,000 | 170,000 | 4,073,000 | -1,737,000 | 4,452,000 | -578,000 | 4,006,000 | -2,469,000 | 2,469,000 | 1,354,000 |
| Debtors | -5,891,000 | 11,907,000 | -16,287,000 | 16,814,000 | 685,000 | -17,163,000 | 2,421,000 | 11,765,000 | -392,000 | 373,000 | 2,142,000 | 2,553,000 | -7,384,000 | 7,384,000 | 6,050,000 |
| Creditors | 4,495,000 | 5,246,000 | 56,000 | 989,000 | -900,000 | -1,124,000 | -3,641,000 | 3,411,000 | -282,000 | 2,164,000 | 688,000 | 1,277,000 | -491,000 | 491,000 | 611,000 |
| Accruals and Deferred Income | -1,838,000 | -2,201,000 | 1,177,000 | -2,738,000 | 2,112,000 | -961,000 | 3,194,000 | 405,000 | -324,000 | 171,000 | 1,003,000 | -1,304,000 | 1,304,000 | 1,000,000 | |
| Deferred Taxes & Provisions | -63,000 | 26,000 | 37,000 | -374,000 | -2,301,000 | 2,675,000 | |||||||||
| Cash flow from operations | 17,144,000 | 1,902,000 | 21,070,000 | -2,229,000 | 2,880,000 | 32,042,000 | 3,122,000 | 2,042,000 | 12,196,000 | -907,000 | 2,130,000 | -2,292,000 | -5,273,000 | -4,400,000 | |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -956,000 | 956,000 | -6,109,000 | 6,109,000 | -1,674,000 | -3,976,000 | 5,298,000 | -1,913,000 | 2,265,000 | -220,000 | 220,000 | 242,000 | |||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | -263,000 | -531,000 | -240,000 | 105,000 | 2,773,000 | 3,000 | |||||||||
| other long term liabilities | 290,000 | 128,000 | 98,000 | -2,816,000 | 2,816,000 | ||||||||||
| share issue | |||||||||||||||
| interest | -152,000 | -170,000 | -187,000 | -225,000 | -193,000 | -3,000 | 70,000 | 24,000 | |||||||
| cash flow from financing | -16,319,000 | -1,233,000 | -20,938,000 | -60,000 | -3,443,000 | -33,324,000 | -1,674,000 | -6,792,000 | 8,084,000 | -1,913,000 | 6,028,000 | 6,966,000 | 5,833,000 | ||
| cash and cash equivalents | |||||||||||||||
| cash | -190,000 | 77,000 | -353,000 | -2,000,000 | 98,000 | -1,889,000 | 2,067,000 | -238,000 | 1,869,000 | 590,000 | -492,000 | 544,000 | -2,000 | 2,000 | 368,000 |
| overdraft | |||||||||||||||
| change in cash | -190,000 | 77,000 | -353,000 | -2,000,000 | 98,000 | -1,889,000 | 2,067,000 | -238,000 | 1,869,000 | 590,000 | -492,000 | 544,000 | -2,000 | 2,000 | 368,000 |
swindon silicon systems limited Credit Report and Business Information
Swindon Silicon Systems Limited Competitor Analysis
Perform a competitor analysis for swindon silicon systems limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in SN4 area or any other competitors across 12 key performance metrics.
swindon silicon systems limited Ownership
SWINDON SILICON SYSTEMS LIMITED group structure
Swindon Silicon Systems Limited has no subsidiary companies.
Ultimate parent company
2 parents
SWINDON SILICON SYSTEMS LIMITED
01378199
swindon silicon systems limited directors
Swindon Silicon Systems Limited currently has 2 directors. The longest serving directors include Mr Frank Devita (May 2021) and Mr Joseph Barberia (Mar 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Frank Devita | 55 years | May 2021 | - | Director | |
| Mr Joseph Barberia | United States | 55 years | Mar 2024 | - | Director |
P&L
December 2023turnover
65.5m
-2%
operating profit
11.8m
-25%
gross margin
20.1%
-39.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
22.4m
-0.22%
total assets
37.2m
-0.05%
cash
83k
-0.7%
net assets
Total assets minus all liabilities
swindon silicon systems limited company details
company number
01378199
Type
Private limited with Share Capital
industry
26110 - Manufacture of electronic components
incorporation date
July 1978
age
47
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
interface house, interface business park, binckno, swindon, wiltshire, SN4 8SY
Bank
BANK OF AMERICA
Legal Advisor
-
swindon silicon systems limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 6 charges/mortgages relating to swindon silicon systems limited. Currently there are 0 open charges and 6 have been satisfied in the past.
swindon silicon systems limited Capital Raised & Share Issues BETA
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Click to start generating capital raising & share issue transactions for SWINDON SILICON SYSTEMS LIMITED. This can take several minutes, an email will notify you when this has completed.
swindon silicon systems limited Companies House Filings - See Documents
| date | description | view/download |
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