STMICROELECTRONICS LIMITED

1. STMICROELECTRONICS LIMITED 1998-06-11 → present
2. SGS-THOMSON MICROELECTRONICS LIMITED 1987-11-19 → 1998-06-11
3. SGS SEMICONDUCTOR LIMITED 1984-06-01 → 1987-11-19
4. S G S - ATES (UNITED KINGDOM) LIMITED 1973-04-24 → 1984-06-01
5. SGS (UNITED KINGDOM) LIMITED 1968-12-16 → 1973-04-24
6. SGS-FAIRCHILD LIMITED 1962-01-17 → 1968-12-16

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 102

Reporting scope

Standalone (parent only)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company continues to act as a sales and marketing service provider and recharges its operating expenses using a 6% uplift (2023: 6%) to STMicroelectronics International N.V. in accordance with an inter-company agreement. No changes are expected this agreement, which will continue at least until 31 December 2026. The Directors have reviewed forecast information available for the period through to 31 December 2026. The Company conducted forecasts and applied stress testing to those scenarios. On the basis of their assessment of the Company's financial position and resources and analysis of the forecast information available for the period through to 31 December 2026, the conclusion reached was that sufficient financial resources existed within the Company to meet its liabilities and the Company is well placed to manage its business risks. Therefore, the Directors continue to adopt the going concern basis of accounting in preparing the annual financial statements. At 31 December 2024, the Company had net assets of £7,261,000 (2023: £6,535,000) and a short-term intercompany loan of £5,000,000 (2023: £5,000,000).”

Group structure

1. STMICROELECTRONICS LIMITED · parent
   1. STMicroelectronics (Bristol) Pension Trust Limited 100% · England & Wales · Dormant entity

Significant events

• “The Company does not expect to make contributions to its defined benefit pension plans in 2025.”
• “In May 2025, the trustees of the defined benefit pension scheme utilised £3.4m of the scheme assets to enter into a buy-in contract (bulk purchase annuity) with Just Retirement Limited, a third-party insurance company.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +0.3%

  £5,185,000 → £5,202,000

• Cash

  +2.8%

  £463,000 → £476,000

• Net assets

  +11.1%

  £6,535,000 → £7,261,000

• Employees

  +6.9%

  29 → 31

• Operating profit

  +55.2%

  £279,000 → £433,000

• Profit before tax

  +38.3%

  £543,000 → £751,000

• Wages

  +0.4%

  £2,693,000 → £2,705,000

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