SHIN-ETSU HANDOTAI EUROPE LIMITED
Operating from Livingston, the company manufactures high-grade silicon and epitaxial wafers for the semiconductor industry as a subsidiary of the Tokyo-listed Japanese group Shin-Etsu Chemical Co. Ltd.
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Cash
£134m
USD 180,577,000
+2.8% highest in 3 filed years
Net assets
£252m
USD 339,836,000
-7.7% lowest in 3 filed years
Employees
482
-7.8% lowest in 3 filed years
Profit before tax
-£2.3m
USD -3,123,000
-117.3% lowest in 3 filed years
Net assets
3-year trend · vs Technology median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £354,902,730 | £283,708,214 | £236,161,781 | -16.8% | |
| Operating profit | £27,172,105 | £6,380,134 | -£8,316,141 | -230.3% | |
| Profit before tax | £34,087,700 | £13,381,089 | -£2,317,625 | -117.3% | |
| Net profit | £25,077,659 | £10,405,126 | -£2,451,948 | -123.6% | |
| Cash | £121,265,297 | £130,392,391 | £134,008,905 | +2.8% | |
| Total assets less current liabilities | £276,288,830 | £280,716,332 | — | — | |
| Net assets | £260,032,946 | £273,316,619 | £252,197,403 | -7.7% | |
| Equity | £260,032,946 | £273,316,619 | £252,197,403 | -7.7% | |
| Average employees | 515 | 523 | 482 | -7.8% | |
| Wages | £19,594,446 | £20,936,008 | £19,725,417 | -5.8% | |
| Directors' remuneration | £352,997 | £397,167 | £398,516 | +0.3% | |
| Highest paid director | £187,480 | £225,247 | £230,798 | +2.5% |
Figures converted to GBP from USD at 0.742 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 7.7% | 2.2% | -3.5% | |
| Net margin | 7.1% | 3.7% | -1.0% | |
| Return on capital employed | 9.8% | 2.3% | — | |
| Gearing (liabilities / total assets) | 23.8% | 21.1% | 17.9% | |
| Current ratio | 3.84x | 3.98x | 4.76x | |
| Interest cover | 80.37x | 39.49x | — |
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.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“the Directors believe that the Company is well placed to manage its business risk despite the uncertain economic outlook and have a reasonable expectation that the Company has adequate resources to continue in operational existence for a period of at least 12 months”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 18 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BURNESS PAULL LLP | Corporate Secretary | 2010-07-31 | — | — |
| ITO, Tatsuo | Director | 2000-07-01 | Feb 1947 | Japanese |
| TAMURA, Akihiko | Director | 2018-04-01 | Dec 1965 | Japanese |
| WALLACE, John Scott | Director | 2012-04-01 | Jun 1967 | British |
Show 18 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PIA, Paul Dominic | Secretary | — | 2010-07-31 |
| AKADO, Seiichiro | Director | 2000-04-01 | 2001-02-01 |
| AKIYAMA, Kenji, Dr | Director | 1998-12-01 | 2000-01-31 |
| ARAI, Hiroshi | Director | 1994-07-01 | 1999-06-25 |
| DE VRIES, Henri Maurice | Director | — | 1998-12-31 |
| DEMIZU, Kiyoshi | Director | 1999-06-25 | 2001-07-01 |
| ENOKI, Shigeo | Director | 2002-02-01 | 2005-05-01 |
| HANYO, Akira | Director | — | 1993-06-21 |
| HIROSE, Fumisato | Director | 1997-12-01 | 2012-06-20 |
| IWASHITA, Isao | Director | 1998-09-01 | 2003-06-06 |
| IWASHITA, Isao | Director | — | 1995-06-01 |
| KUBO, Katsunori | Director | 1993-11-01 | 1998-06-29 |
| MIKI, Katsuhiko | Director | 2000-04-01 | 2002-01-31 |
| NOMURA, Koichi | Director | — | 1994-07-01 |
| OKADA, Osamu | Director | — | 2000-07-01 |
| ONISHI, Satoshi | Director | 2005-05-01 | 2019-06-17 |
| PLLU, Adrian Sawers | Director | 1999-01-01 | 2009-05-31 |
| SHIRAI, Shozo | Director | 1993-01-01 | 1998-11-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Shin-Etsu Chemical Co. Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 194 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-02 | AA | accounts | Accounts with accounts type full | |
| 2026-06-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-08 | AA | accounts | Accounts with accounts type full | |
| 2025-07-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-29 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-10-02 | AA | accounts | Accounts with accounts type full | |
| 2024-07-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-29 | AD04 | address | Move registers to registered office company with new address | |
| 2023-10-17 | AA | accounts | Accounts with accounts type full | |
| 2023-06-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-02-17 | AD03 | address | Move registers to sail company with new address | |
| 2023-02-17 | AD02 | address | Change sail address company with new address | |
| 2023-02-17 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-10-03 | AA | accounts | Accounts with accounts type full | |
| 2022-07-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-21 | AA | accounts | Accounts with accounts type full | |
| 2021-06-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-10-27 | AA | accounts | Accounts with accounts type full | |
| 2020-06-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-10-02 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.