PLEXUS CORP (UK) LIMITED
Company number SC146948 · Monitor this company
Executive summary
Plexus Corp (UK) Limited presents a CONDITIONAL credit case: a well-capitalised (£56m net assets, no external debt), group-backed manufacturer with a 32-year track record, but currently loss-making at operating level for a second year with gross margin compression and a cash cycle that has doubled to 71 days. Facilities are appropriate only with parent support from Plexus Corp, working capital covenants, and close monitoring of cash burn — which exceeded £10m in FY2025 once intercompany repayments are stripped out. The FY2026 growth outlook in Aerospace & Defence and semiconductors is credible but must be evidenced before any facility expansion.
Shareholders' funds
£55,960
Balance sheet as at 2025-09-27
What it does
The principal activity of the company during the period was to participate in the Electronic Manufacturing Services (“EMS”) industry by providing advanced product design, manufacturing and testing services to our customers with a focus on the mid to lower volume, higher mix segment of the EMS market.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1993-10-13
- Employees
- 566 (2025 accounts · was 595 in 2024)
- Registered office
- Pinnacle Hill, Kelso, Roxburghshire, TD5 8XX
- Postcode
- TD5 8XX
- Capital
- 3,000,000 GBP
- Accounts category
- Full
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-09-27
- Next due by
- 2027-06-30
- Financial year end
- 30 September
Confirmation statement
- Last statement dated
- 2026-10-13
- Next due by
- 2027-10-27
Nature of business (SIC)
- 27900 Manufacture of other electrical equipment
Officers 5 current · 29 resigned
Group structure 3 subsidiaries
Controlled by PLEXUS CORP. LIMITED — since 2016-04-06
From persons-with-significant-control filings on the public register.
Public contracts won 1
£14,532,365 total awarded value where published.
Contains public sector information licensed under the Open Government Licence v3.0 (Contracts Finder).
Licensed visa sponsor
Licensed by the Home Office to sponsor worker visas: Global Business Mobility: Senior or Specialist Worker (Worker (A rating)), Skilled Worker (Worker (A rating)).
Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.
Modern slavery statement
Registered a modern slavery statement for 2025 (period to 2025-06-30) — 4 years on the registry.
Read the statement summary on the government modern slavery statement registry. Contains public sector information licensed under the Open Government Licence v3.0.
Data protection registration
Registered with the ICO as a data protection fee payer — Z8124485 (Tier 3), registered since 2008.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Gender pay gap
12%
Women's median hourly pay below men's, 2025/26 · around the middle of the pack for parity
Previous company names
| Name | Date changed |
|---|---|
| KELTEK (HOLDINGS) LIMITED | 2000-10-06 |
| BONUSEDIT LIMITED | 1993-11-26 |
Previous registered addresses 2
| Address | Changed on |
|---|---|
| MCGRIGOR DONALD, ERSKINE HOUSE, 68-73 QUEEN STREET, EDINBURGH EH2 4NF | 1994-01-15 |
| 24 GREAT KING STREET, EDINBURGH, EH3 6QN | 1993-11-19 |
Among its peers
The largest employer
of 177 similar companies in TD — measured against the wider sector, with 566 staff. Among the oldest 25% of its local peers.
The class of 1993
48%
of the 25,072 companies incorporated in 1993 are still active today; 48% have since been dissolved.
A fact about the year, not a forecast for this company.