REGISTERED NUMBER: 14809207 (England and Wales)

Financial Statements

for the Year Ended 31 January 2025

for

Semtech UK Holdings Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

J T Gutierrez

SECRETARY:

J T Gutierrez

REGISTERED OFFICE:

12 New Fetter Lane

London

EC4A 1JP

REGISTERED NUMBER:

14809207 (England and Wales)

AUDITORS:

Villars Hayward LLP

Chartered Accountants,

Chartered Tax Advisers and Statutory Auditors

Boston House

Henley-on-Thames

RG9 1DY

FIXED ASSETS

Investments

4

137,497,000

137,497,000

CURRENT ASSETS

Cash at bank

12,486

12,704

CREDITORS

Amounts falling due within one year

5

25,187

12,577

NET CURRENT (LIABILITIES)/ASSETS

(12,701

)

127

TOTAL ASSETS LESS CURRENT LIABILITIES

137,484,299

137,497,127

CAPITAL AND RESERVES

Called up share capital

1,399

1,399

Share premium

73,503

73,503

Other reserves

137,422,225

137,422,225

Retained earnings

(12,828

)

-

SHAREHOLDERS' FUNDS

137,484,299

137,497,127

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 October 2025 and were signed by:

J T Gutierrez - Director

1.	STATUTORY INFORMATION

Semtech UK Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the US Dollar ($).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared on a going concern basis under the historical cost convention.

Financial assets and liabilities

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks, other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts, when applicable, are shown within current liabilities.

Trade and other creditors are initially recognised at transaction price when there is a legal or constructive obligation committing the company to that expenditure. Creditors are subsequently remeasured to amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost..

Loans payable are measured initially at fair value, net of transaction costs, and non-current loans payable are subsequently remeasured to amortised cost using the effective interest method, less any impairment.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

At the end of each reporting period investments in subsidiaries are assessed for impairment. If an investment is deemed to be impaired, the investment in the subsidiary is reduced to its fair value and an impairment charge is recognised in the income statement. Where a reversal of a previous impairment is required the impairment charge is reversed, up to the original impairment loss, and is recognised as a credit in the income statement.

Going concern

The accounts have been prepared on the assumption that the company is able to carry on business as a going concern which the directors consider appropriate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	FIXED ASSET INVESTMENTS

Other

investments

$

COST

At 1 February 2024

and 31 January 2025

137,497,000

NET BOOK VALUE

At 31 January 2025

137,497,000

At 31 January 2024

137,497,000

The company's investments at the Statement of Financial Position date in the share capital of companies include the following:

Sierra Wireless ULC

Registered office: 13811 Wireless Way, Richmond, British Columbia, V6V 3A4

Nature of business:

%

Class of shares:

holding

Ordinary

100.00

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

$

$

Amounts owed to group undertakings

12,361

12,577

Other creditors

12,826

-

25,187

12,577

6.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

John A D Preston (Senior Statutory Auditor)

for and on behalf of Villars Hayward LLP

7.	ULTIMATE CONTROLLING PARTY

The company's ultimate controlling party is Semtech Corporation registered in the USA. Copies of the financial statements may be obtained from 200 Flynn Road, Camarillo, California, United States, 93012.