Octric Semiconductors Limited
10505662
Some Concerns
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Previously known as
Compliance
Last accounts
31/03/2025
full
Next accounts due
31/12/2026
Confirmation statement
Last: 27/03/2026
Due 10/04/2027
Industry
Officers
director · Since 15/11/2024
DIRECTOR
BRITISH · UNITED KINGDOM · Age 43
Also on 2 other boards
director · Since 22/07/2025
NON-EXECUTIVE DIRECTOR
BRITISH · UNITED KINGDOM · Age 63
Also on 4 other boards
director · Since 26/09/2025
NON-EXECUTIVE DIRECTOR
BRITISH · UNITED KINGDOM · Age 50
director · Since 29/09/2025
NON-EXECUTIVE DIRECTOR
BRITISH · UNITED KINGDOM · Age 70
Former
director · Resigned 12/01/2017
corporate director · Resigned 13/01/2017
corporate director · Resigned 13/01/2017
corporate secretary · Resigned 31/07/2017
director · Resigned 31/07/2017
director · Resigned 31/07/2017
secretary · Resigned 03/04/2018
director · Resigned 01/05/2020
secretary · Resigned 18/01/2023
director · Resigned 14/03/2024
director · Resigned 06/09/2024
director · Resigned 27/09/2024
corporate secretary · Resigned 27/09/2024
director · Resigned 27/09/2024
director · Resigned 31/08/2025
director · Resigned 30/09/2025
director · Resigned 30/09/2025
Persons with Significant Control
Secretary Of State For Defence Of Great Britain And Northern Ireland
Ministry Of Defence, Whitehall, London, SW1A 2HB
Notified 27/09/2024
Former PSCs
Vindex Limited
Ceased 31/07/2017
Vindex Services Limited
Ceased 31/07/2017
Coherent Corp.
Ceased 02/05/2024
Ii-Vi Inc.
Ceased 31/07/2017
Ii-Vi Laser Enterprise Ltd
Ceased 27/09/2024
Charges1 outstanding
THE SECRETARY OF STATE FOR DEFENCE OF GREAT BRITAIN AND NORTHERN IRELAND
Change History
Active
Private Limited Company
C/O SQUARE ONE LAW ANSON HOUSE, FLEMING BUSINESS CENTRE
NEWCASTLE UPON TYNE
CompanyRankvs 260+ SIC 26110 peers56
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/03/2025
Net Worth
£22.1M
Balance sheet strength
Cash
£7.6M
Cash in the bank
Profit Before Tax
-£8.1M
Bottom line earnings
Net Current Assets
£7.7M
Working capital
Current Assets
£12.7M
Current Liabilities
£5.0M
Fixed Assets
£29.3M
Debtors
£4.6M
Admin Expenses
£10.5M
Profit After Tax
-£5.9M
Tax at Year End(2024)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.54 | -£5.9M |
| 2024 | 2.43 | -£6.1M |
| 2023 | 1.36 | — |
Derived from filed accounts. Not audited figures.