VISHAY NEWPORT LIMITED

1. VISHAY NEWPORT LIMITED 2024-03-20 → present
2. NEXPERIA NEWPORT LIMITED 2021-08-31 → 2024-03-20
3. NEWPORT WAFER FAB LIMITED 2017-10-03 → 2021-08-31
4. IR NEWPORT LIMITED 2002-03-20 → 2017-10-03
5. INHOCO 2597 LIMITED 2001-12-12 → 2002-03-20

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

IFRS

Reporting scope

Standalone (parent only)

Auditor

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have concluded that the going concern status remains appropriate and have prepared the financial statements on a going concern basis. Siliconix Inc and its parent, Vishay Intertechnology Inc, have indicated their commitment to The Company by providing it with adequate financial support. As part of this commitment, Siliconix Inc converted the debt it assumed from Nexperia BV on its acquisition of Vishay UK Holding Company Limited. Vishay Newport Limited acts as a contract manufacturer for various Vishay entities, under this agreement Newport is guaranteed to remain in a profit position.”

Significant events

• “On 6th March 2024, Siliconix Inc acquired Neptune 6 Limited and, consequently, Nexperia Newport Limited.”
• “On 20th March, 2024, Neptune 6 Limited was renamed Vishay UK Holding Company Limited and Nexperia Newport Limited was renamed Vishay Newport Limited.”
• “On 24th July 2024, Siliconix Inc, Vishay UK Holding Company Limited and Vishay Newport Limited entered into a tripartite agreement to convert to equity $78m of debt.”
• “On 27 November, 2024, the Welsh Government announced that it would be supporting Vishay's £51m ($64m) investment in The Company with a grant of £5m.”
• “The UK Government have announced that it would be supporting Vishay's £250m investment in The Company with a grant.”
• “As at period ending 31 December 2024 there were capital commitments outstanding of $15.6m, this was related to purchase orders that had been issued which had yet to be received or invoiced against.”

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

1

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

  +9.4%

  £58,785,767 → £64,282,431

• Cash

  -33.8%

  £3,642,698 → £2,409,933

• Net assets

  +242.5%

  -£25,584,878 → £36,454,411

• Employees

  -16%

  594 → 499

• Operating profit

  +134.1%

  -£15,770,941 → £5,375,834

• Profit before tax

  +125.1%

  -£17,434,396 → £4,367,680

• Wages

  -23.3%

  £27,744,996 → £21,268,347

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