SEMTECH LIMITED

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

Villars Hayward LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Directors confirm adequate resources and continued operational existence, adopting going concern basis, supported by group entities and planned debt restructuring in FY26. Auditors found no material uncertainties related to going concern.”

Group structure

1. SEMTECH LIMITED · parent
   1. Semtech Germany GmbH 100% · Germany
   2. Semtech France SAS 100% · France
   3. Semtech Neuchatel SARL 100% · Switzerland
   4. Semtech (International) AG 100% · Switzerland
   5. Sierra Wireless Luxembourg S.a.r.l. 100% · Luxembourg
   6. Sierra Wireless (UK) limited 100% · England

Significant events

• “On May 1, 2023, Semtech Limited acquired 100% of the share capital of Sierra Wireless (UK) Limited and Sierra Wireless Luxemborg S.a.r.l.”
• “Restructuring costs of $31,866 were incurred in the fiscal year.”
• “After the reporting date, the Company settled an intercompany loan of $27,640,000 as part of a global debt rationalization initiative undertaken by the Group.”
• “A loan of $16,415,000 was entered into in 2022. In current year FY26 the loan was settled.”
• “Another loan of $87,052,000 was entered into in FY24... In current year FY26 the loan was settled.”

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

Filings

13

last 12 months

Capital events

1

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  +14.2%

  £6,412,839 → £7,326,032

• Cash

  -92.1%

  £1,867,133 → £146,679

• Net assets

  +114.7%

  -£47,434,462 → £6,959,870

• Employees

  -2.6%

  38 → 37

• Operating profit

  +5,565.9%

  £1,007,893 → £57,105,993

• Profit before tax

  +199.4%

  -£52,973,415 → £52,676,265

• Wages

  +34.2%

  £2,916,855 → £3,913,864

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