Mercia Semiconductor Limited

Mercia Semiconductor Ltd from Tamworth UK: a small, active company founded five years ago, employs just two people, and holds £195,261 in assets. It’s a family business with a single director and two owners, operating from a virtual address shared by fifty-nine other companies. Regular importer and exporter of optical and medical tools and devices, Mercia Semiconductor has been importing for 25 months and exporting for 19 months.

The company specializes in distribution and consultancy for the semiconductor and related industries. Its website showcases a range of products and services, including IC decapsulation, sample preparation, and wafer scribing, partnering with global leaders in semiconductor technology. Mercia Semiconductor’s website also highlights a commitment to customer care and building enduring relationships. It’s clear that the company is trying to be a one-stop shop for semiconductor needs, offering both equipment and expertise.

Financially, Mercia Semiconductor shows some concerning trends. Accumulated depreciation on property, plant, and equipment has grown significantly, nearly doubling from £1,300 to £2,800. Advances to directors have also increased dramatically, from £690 to £7,300. However, cash reserves have improved substantially, rising from £7,100 to £19,000. Creditors have increased considerably, from £59,000 to £160,000, which could be a sign of increased activity or potential liquidity issues. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so these figures are unaudited. It’s a bit strange that the company is burning through cash, but the increase in cash reserves suggests it’s managing to generate some revenue.

Registered in England/Wales under the registration number 12254530, with a registered address at B79 7RB, England, Tamworth, Staffordshire, C/O Philip Barnes & Co Limited The Old Council Chambers, Halford Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.