ALLEGRO MICROSYSTEMS EUROPE LIMITED

• ⚠

  Annual accounts overdue

  Due 2026-03-31.

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. ALLEGRO MICROSYSTEMS EUROPE LIMITED 1991-01-11 → present
2. CHARCO 328 LIMITED 1990-03-01 → 1991-01-11

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

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have reviewed the Company's latest forecast results and cash position and the Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future, being not less than one year from the date of approval of these financial statements. The financial statements for the year ended 29 March 2024 have therefore been prepared on a going concern basis.”

Group structure

1. ALLEGRO MICROSYSTEMS EUROPE LIMITED · parent
   1. Allegro MicroSystems Germany GmbH 100% · Germany
   2. CrivaSense Technologies SAS 65% · France
   3. Allegro MicroSystems France SAS 100% · France

Significant events

• “From 1 April 2024, the Company will no longer carry out the EMEA Sales and Marketing Representative business for Allegro products. These activities will transfer to its parent company, Allegro Microsystems LLC. The Company will however continue to perform research and development, and sales and marketing activities in the UK and the rest of Europe, through its branches and subsidiaries, the cost of which will be re-charged with a profit mark-up to its parent company in accordance with agreements in place between the two companies.”
• “Subsequent to the reporting date, in July 2024, the Company made a capital contribution of €19,000,000 (£16,366,000) to its subsidiary Allegro Microsystems France SAS and received $9,766,000 (£7,719,000) from Allegro Microsystems LLC in compensation for the termination of its EMEA Sales and Marketing distribution agreement with Allegro Microsystems LLC.”

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

3

last 12 months

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

• Turnover

  +1.5%

  £153,905,868 → £156,279,902

• Cash

  +4.3%

  £6,687,056 → £6,976,608

• Net assets

  +15.1%

  £30,551,362 → £35,156,529

• Employees

  +13.1%

  145 → 164

• Operating profit

  -46.8%

  £9,800,035 → £5,218,294

• Profit before tax

  -33.8%

  £9,965,626 → £6,600,681

• Wages

  +25.6%

  £9,149,945 → £11,489,012

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