Website & contact details
- Website
Octric Semiconductors Limited
- Incorporated
- 1 December 2016 (9 years)
- Previously known as
- Octric Semiconductor Limited (until 27 September 2024)Ii-Vi Compound Semiconductors Limited (until 27 September 2024)Kaiam Laser Limited (until 14 August 2017)Earlier: MM&S (5946) Limited
- Industry
- Manufacture of electronic components (26110)
- Owned by
- Secretary of State for Defence of Great Britain and Northern Ireland
- Accounts type
- Full
- Region
- North East
- Address
- C/o Square One Law Anson HouseFleming Business CentreBurdon TerraceJesmondNewcastle Upon TyneNE2 3AE
Filing status
- Accounts due
- 31 December 2026
- Last accounts
- 31 March 2025
- Conf. stmt due
- 10 April 2027
- Last conf. stmt
- 27 March 2026
Charges
- Total
- 2
- Outstanding
- 1
- Part satisfied
- 0
- Satisfied
- 1
Officers 8 active
Officer details are public data from the Companies House register.
British
Born April 1973 (53)
Director · Appointed 29 September 2025
British
Born March 1956 (70)
Director · Appointed 26 September 2025
British
Born May 1976 (50)
Babla, Chettan
Director · Appointed 25 September 2025
British
Born June 1970 (56)
Director · Appointed 22 July 2025
British
Born October 1962 (64)
Love, Graham Carvell
Director · Appointed 13 December 2024
British
Born March 1954 (72)
Director · Appointed 15 November 2024
British
Born July 1983 (43)
Fairweather, Andy
Director · Appointed 27 September 2024
British
Born November 1979
Officer history (17 former)
14 August 2026
30 September 2025
30 September 2025
29 September 2025
26 September 2025
25 September 2025
Appointed Babla, Chettan as Director
31 August 2025
Resigned Croston, Ian Richard as Director
22 July 2025
13 December 2024
Appointed Love, Graham Carvell as Director
15 November 2024
15 November 2024
15 November 2024
27 September 2024
Resigned Rowles, Gareth Keith as Director
27 September 2024
Resigned Loten, Simon Howard as Director
27 September 2024
Appointed Fairweather, Andy as Director
27 September 2024
6 September 2024
Resigned Bashaw Ii, Walter Robert as Director
14 March 2024
Resigned Mcdermott, Thomas James as Director
18 January 2023
Appointed Bashaw Ii, Walter Robert as Director
18 January 2023
Resigned Schwendinger, Jo Anne as Secretary
23 December 2021
Appointed Croston, Ian Richard as Director
1 May 2020
Appointed Loten, Simon Howard as Director
1 May 2020
Resigned Childs, Russell as Director
3 April 2018
Appointed Schwendinger, Jo Anne as Secretary
3 April 2018
Resigned Raymond, Mary Jane as Secretary
3 April 2018
3 April 2018
Appointed Childs, Russell as Director
31 July 2017
Resigned Ryde, Magnus as Director
31 July 2017
Appointed Mcdermott, Thomas James as Director
31 July 2017
Appointed Rowles, Gareth Keith as Director
31 July 2017
Resigned Maclay Murray & Spens LLP as Corporate Secretary
31 July 2017
Resigned Pezeshki, Bardia, Dr as Director
31 July 2017
Appointed Raymond, Mary Jane as Secretary
13 January 2017
Appointed Ryde, Magnus as Director
13 January 2017
13 January 2017
13 January 2017
Appointed Pezeshki, Bardia, Dr as Director
12 January 2017
1 December 2016
1 December 2016
1 December 2016
1 December 2016
Appointed Maclay Murray & Spens LLP as Corporate Secretary
Ownership 1 active
People and entities with significant control, from the Companies House PSC register
Secretary of State for Defence of Great Britain and Northern Ireland
Legal person · Notified 27 September 2024
Owns 75–100% of shares
Holds 75–100% of voting rights
Right to appoint and remove directors
Government Department
Former controllers (5)
27 September 2024
Ceased Ii-Vi Laser Enterprise Ltd — Owns 75–100% of shares
2 May 2024
Ceased Coherent Corp. — Owns 75–100% of shares
31 July 2017
Ceased Ii-Vi Inc. — Owns 75–100% of shares
31 July 2017
Ceased Vindex Limited — Owns 25–50% of shares
31 July 2017
Ceased Vindex Services Limited — Owns 25–50% of shares
Financials
Balance sheet as at 31 March 2025 · full accounts
- Net Assets
- £22,129,192
- Cash
- £7,592,434
- Profit Before Tax
- (£8,054,868)
- Debt Ratio
- 47%
- Current Ratio
- 2.5x
- Return on Equity
- -27%
Trend
Net Assets
Balance sheet detail
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Fixed Assets | £29,295,718 | £30,103,479 | £35,878,353 | £88,036,092 | £69,487,346 | £69,831,765 | £51,275,660 |
| Current Assets | £12,679,443 | £7,776,571 | £32,263,397 | £32,359,850 | £6,434,137 | £9,709,014 | £12,578,125 |
| Debtors | £4,557,704 | £5,376,746 | £16,991,241 | £22,956,430 | £1,963,885 | £6,902,005 | £6,414,993 |
| Cash | £7,592,434 | £678,952 | £12,113,566 | £1,080,475 | £3,427,084 | £1,921,851 | £5,310,338 |
| Creditors (< 1 year) | £4,996,384 | £3,199,196 | £23,731,452 | £33,773,708 | £4,179,104 | £2,644,690 | £2,104,157 |
| Creditors (> 1 year) | £11,000,000 | £0 | £83,569 | ||||
| Net Current Assets | £7,683,059 | £4,577,375 | £8,531,945 | (£1,413,858) | £2,255,033 | £7,064,324 | £10,473,968 |
| Net Assets | £22,129,192 | £28,061,870 | £34,133,493 | £67,619,134 | £56,580,379 | £65,131,089 | £54,367,435 |
| Shareholder Funds | £22,129,192 | £28,061,870 | £34,133,493 | £67,619,134 | £56,580,379 | £65,131,089 | £54,367,435 |
| Turnover | £104,529,554 | £13,298,788 | £8,442,844 | £8,088,517 | £7,007,611 | ||
| Cost of Sales | £15,901,903 | £82,376,249 | £19,463,097 | £10,535,016 | £11,319,044 | £12,531,554 | |
| Gross Profit | £22,153,305 | (£6,164,309) | (£2,092,172) | (£3,230,527) | (£5,523,943) | ||
| Admin Expenses | £10,534,589 | £23,510,126 | £13,476,585 | £5,856,634 | £3,541,369 | £3,397,836 | £4,397,191 |
| Staff Costs | £3,693,682 | £9,889,049 | £18,161,095 | £8,763,351 | £4,139,194 | £4,060,929 | £5,115,929 |
| Operating Profit | £16,617,527 | £5,790,669 | (£5,344,616) | (£6,078,080) | (£9,738,216) | ||
| Profit Before Tax | (£8,054,868) | (£5,010,832) | £4,700,161 | £5,496,459 | (£5,358,993) | (£6,072,481) | (£9,736,075) |
| Tax | (£2,122,190) | (£390,379) | £588,059 | £250,149 | (£1,480,259) | (£1,064,357) | (£1,830,493) |
| Profit for Period | (£5,932,678) | (£4,620,453) | £4,112,102 | £5,246,310 | (£3,878,734) | (£5,008,124) | (£7,905,582) |
Filings 123
| Date | Description | Made Up To | Pages | |
|---|---|---|---|---|
| 7 November 2026 | Resolutions | |||
| 2 November 2026 | Statement of capital following an allotment of shares | |||
| 8 September 2026 | Resolutions | |||
| 1 September 2026 | Statement of capital following an allotment of shares | |||
| 17 August 2026 | Appointment of a director |
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