# NASCENT SEMICONDUCTOR LIMITED (13378191)

> NASCENT SEMICONDUCTOR LIMITED is an active private limited company (company number 13378191) incorporated on 5 May 2021, registered in Durham. Its registered activity is engineering design activities for industrial process and production (SIC 71121). Latest small accounts cover the period ending 31 May 2025, showing net assets of £452k and cash of £671k, with 12 employees on average. Turnover was £1.92m and profit for the year £204k. Net assets rose 82% on the prior period (£248k).

- Status: Active
- Incorporated: 2021-05-05
- Registered office: Durham, DH1 1TB
- SIC 71121: Engineering design activities for industrial process and production
- Next accounts due: 2027-02-28
- Confirmation statement due: 2027-05-19
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 146 comparable companies in Newcastle (median £5,656, upper quartile £37k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-05-31 | £452k | £671k | £66k | £331k | £1.92m | £204k | 12 |
| 2024-05-31 | £248k | £271k | £107k | £160k | £1.22m | £244k | 6 |
| 2023-05-31 | — | — | — | — | — | — | — |

current ratio 2.22; net margin 10.6%; size band small.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £451,560 at 31 May 2025
- Net assets up 10% or more on the prior period: +82.2% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 2.22
- Cash at bank of £50,000 or more: Cash £670,933
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 5 May 2021

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Professor Alton Barrett Horsfall — owns 25–50% of shares; holds 25–50% of voting rights, since 2021-09-08
- Grey Space Holdings Private Limited (corporate-entity) — owns 25–50% of shares; holds 25–50% of voting rights, since 2022-09-08

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/13378191
HTML: https://firmoscan.com/company/13378191-nascent-semiconductor-limited