MICROCHIP LIMITED

1. MICROCHIP LIMITED 2002-03-01 → present
2. ARIZONA MICROCHIP TECHNOLOGY LIMITED 1987-12-14 → 2002-03-01
3. AZIC LIMITED 1987-11-06 → 1987-12-14

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 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. The Directors are satisfied that the Group has the ability to provide this support, should it be required.”

Group structure

1. MICROCHIP LIMITED · parent
   1. Microchip Touch Solutions Limited 100% · UK · R&D

Significant events

• “The Company was a party to a Mutual Agreement Procedure (MAP) which was entered into on 7 February 2024 in conjunction with another group company, Microchip Technology Ireland Limited. The MAP related to a prior year HMRC audit, and was concluded in October 2025, providing a proposed settlement to both parties. The estimated settlement due to the Company to be paid by HMRC is £950,000, which is expected to be settled in the coming months.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  -55.6%

  £150,545,589 → £66,904,374

• Cash

  +137.5%

  £1,022,239 → £2,427,724

• Net assets

  -46.7%

  £11,252,039 → £5,999,259

• Employees

  -1.8%

  114 → 112

• Operating profit

  -61.6%

  £4,934,766 → £1,893,254

• Profit before tax

  -62.3%

  £5,074,870 → £1,914,752

• Wages

  -22.9%

  £7,792,439 → £6,010,378

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