SURFACE TECHNOLOGY INTERNATIONAL LIMITED
Company number 02292621 · Monitor this company
Executive summary
Surface Technology International Limited presents a materially improved credit profile: EBITDA rose to £5.7m (11.6% margin) in FY2025, working capital nearly tripled to £12m, and a £23.8m debt-to-equity conversion has repaired the balance sheet ahead of the March 2026 acquisition by Note AB, which brings a stable industrial parent and investment support. The recommendation is CONDITIONAL approval — statutory losses persist (£1.1m in FY2025), cash headroom is minimal at £305k with reliance on asset-based lending, and the ownership transition requires verification of group support. Facilities should be conditioned on parent support from Note AB, regular financial reporting, and covenant protection, with close monitoring of cash, ABL headroom and the return to bottom-line profitability in FY2026.
What it does
The provision of contract electronic manufacturing services.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1988-09-02
- Employees
- 308 (2025 accounts · was 314 in 2024)
- Registered office
- 1a Alma Road, Windsor, Berkshire, United Kingdom, SL4 3HU
- Postcode
- SL4 3HU
- Capital
- 125,600 GBP
- Accounts category
- Full
- Charges
- 4 outstanding
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-11-04
- Next due by
- 2027-11-18
Nature of business (SIC)
- 27900 Manufacture of other electrical equipment
Officers 3 current · 25 resigned
Group structure
Controlled by STI ENTERPRISES HOLDINGS LIMITED — since 2025-12-17
From persons-with-significant-control filings on the public register.
Data protection registration
Registered with the ICO as a data protection fee payer — ZA222885 (Tier 3), registered since 2016.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Gender pay gap
0%
Women's median hourly pay above men's, 2025/26 · in the top 10% for parity
Previous company names
| Name | Date changed |
|---|---|
| SIMPSON MITCHELL DEVELOPMENTS LIMITED | 1989-06-26 |
Previous registered addresses 5
| Address | Changed on |
|---|---|
| OSBORN WAY, HOOK, HAMPSHIRE, RG27 9HX | 2019-10-18 |
| FOSTERS BUSINESS PARK, OLD SCHOOL ROAD, HOOK HANTS, RG27 9NY | 1997-06-27 |
| CASTLE HOUSE, BEAR LANE, FARNHAM, SURREY, GU9 7LF | 1992-09-16 |
| CASTLE HOUSE, BEAR LANE, FARNHAM, SURREY, GU9 7LF | 1992-09-16 |
| ST JAMES'S HOUSE, EAST STREET, FARNHAM, SURREY | 1990-04-20 |
Among its peers
The largest employer
of 11 similar companies in SL, with 308 staff. Among the oldest 25% of its local peers.
The class of 1988
50%
of the 20,916 companies incorporated in 1988 are still active today; 43% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 6 titles
- Leasehold
- 6
- Most recent registration
- 2023-08-25
- Where
- Hampshire (5), Cheshire East (1)
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| HP880116 | Hampshire | Leasehold | 2023-08-25 | — |
| HP870243 | Hampshire | Leasehold | 2022-08-26 | — |
| HP870246 | Hampshire | Leasehold | 2022-08-26 | — |
| HP820266 | Hampshire | Leasehold | 2018-06-22 | — |
| CH643270 | Cheshire East | Leasehold | 2015-10-19 | — |
| HP738621 | Hampshire | Leasehold | 2011-06-30 | — |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.