Registered number: 10306180
Unaudited
For the Year Ended 31 December 2024
Company Information
Contents
Strategic Report
For the Year Ended 31 December 2024
The principal activity of SGX Sensortech China Holdco Limited (“the company”) is that of a holding company.
During the year the company received dividends of £nil (2023: £160,000) which it in the prior year it subscribed for additional share capital in its subsidiary undertaking.
During the year the company received dividends of £nil (2023: £160,000) which it in the prior year it subscribed for additional share capital in its subsidiary undertaking.
The principal activity of the company is to act as a holding company and therefore its principal risks relate to the carrying value of investments that this company holds. The management this risk the company reviews the performance of those companies in which it holds its investments.
The company's main KPI is dividends reviewed from its subsidiaries.
Section 172 of the Act requires directors to act in a way that they consider, in good faith, would be, most likely to promote the success of a company. In doing so, directors must take into consideration the interests of the various stakeholders of the Company, the impact of the Company's operations on the community and the environment, take a long-term view on consequences of the decisions they make as well as aim to maintaining a reputation for high standards of business conduct and fair treatment between the members of the Company.
In complying with the requirements of section 172 of the Act, the directors should be able to ensure that all decisions are made in a responsible and sustainable way for the benefit of all stakeholders. In accordance with the requirements of the Companies (Miscellaneous Reporting) Regulations 2018, the Company explains below how the directors have discharged their duty under section 172. This section serves as the Company's Section 172 Statement.
The Company's stakeholders include its employees, its customers, its supply chain partners, shareholders, regulators, as well as the wider community in which the company operates and impacts. Details of how the Board seeks to understand the needs and priorities of the Company's stakeholders and how these are taken into account during all its discussions and as part of its decision making are set out below:
Employees
Employee engagement is important to our success. We work to create a diverse and inclusive workplace where every employee can reach their full potential and be at their best. We engage with our people to ensure we are delivering to their expectations, supporting wellbeing and making the right business decisions. This ensures we can retain and develop the best talent.
Customers
Focusing on the needs of our customers is critical to the success of our business. We maintain a high degree of customer interaction in order to anticipate and understand the future needs of our customers and their consumers, building on our years of experience in delivering to our markets. We collaborate and innovate with our customers to improve product performance and value to the consumer.
In complying with the requirements of section 172 of the Act, the directors should be able to ensure that all decisions are made in a responsible and sustainable way for the benefit of all stakeholders. In accordance with the requirements of the Companies (Miscellaneous Reporting) Regulations 2018, the Company explains below how the directors have discharged their duty under section 172. This section serves as the Company's Section 172 Statement.
The Company's stakeholders include its employees, its customers, its supply chain partners, shareholders, regulators, as well as the wider community in which the company operates and impacts. Details of how the Board seeks to understand the needs and priorities of the Company's stakeholders and how these are taken into account during all its discussions and as part of its decision making are set out below:
Employees
Employee engagement is important to our success. We work to create a diverse and inclusive workplace where every employee can reach their full potential and be at their best. We engage with our people to ensure we are delivering to their expectations, supporting wellbeing and making the right business decisions. This ensures we can retain and develop the best talent.
Customers
Focusing on the needs of our customers is critical to the success of our business. We maintain a high degree of customer interaction in order to anticipate and understand the future needs of our customers and their consumers, building on our years of experience in delivering to our markets. We collaborate and innovate with our customers to improve product performance and value to the consumer.
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Strategic Report (continued)
For the Year Ended 31 December 2024
Shareholders and lenders
We work to ensure that our shareholders have a strong understanding of our strategy, performance, ambition and culture.
Governing bodies and regulators
We engage with the national government agencies and key regulators to ensure that we can help shape policy, have licenses to operate safely, enable market insight and ensure regulatory compliance. We work with local governments and health and safety agencies where we have operations or future business opportunities.
Communities
We are committed to building positive relations with the communities in which we operate.
Culture
The Board are responsible for the overall effectiveness in directing the Company and promoting a culture of openness and debate and seeks to facilitate effective contributions by all Directors and employees. The Directors are required to act with integrity, lead by example and promote this culture within the Company.
The Board seeks to ensure the alignment of the Company’s purpose, value and strategy with the culture of openness, debate and integrity through ongoing dialogue, and engagement with Stakeholders. It has adopted a number of policies, practices and behaviours to facilitate a culture of good governance and ensure that this is maintained.
We work to ensure that our shareholders have a strong understanding of our strategy, performance, ambition and culture.
Governing bodies and regulators
We engage with the national government agencies and key regulators to ensure that we can help shape policy, have licenses to operate safely, enable market insight and ensure regulatory compliance. We work with local governments and health and safety agencies where we have operations or future business opportunities.
Communities
We are committed to building positive relations with the communities in which we operate.
Culture
The Board are responsible for the overall effectiveness in directing the Company and promoting a culture of openness and debate and seeks to facilitate effective contributions by all Directors and employees. The Directors are required to act with integrity, lead by example and promote this culture within the Company.
The Board seeks to ensure the alignment of the Company’s purpose, value and strategy with the culture of openness, debate and integrity through ongoing dialogue, and engagement with Stakeholders. It has adopted a number of policies, practices and behaviours to facilitate a culture of good governance and ensure that this is maintained.
This report was approved by the board on 18 December 2025 and signed on its behalf.
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Directors' Report
For the Year Ended 31 December 2024
The directors present their report and the financial statements for the year ended 31 December 2024.
The profit for the year, after taxation, amounted to £NIL (2023 - £160,000).
The company has not declared a dividend during the year (2023 - none)
The directors who served during the year were:
The company's performance is expected to continue throughout the next financial period and it is anticipated that the current performance levels will be maintained.
It is important we have a clear understanding of the challenges facing our customers and supplies, as these may have a significant impact on the business in a variety of ways. We seek to have early visibility of potential opportunities or threats by maintaining close dialogue with existing customers and suppliers either by regular meetings or by visiting major market areas on a regular basis.
The Company has not disclosed information in respect of greenhouse gas emissions, energy consumption and energy efficiency action as its energy consumption in the United Kingdom for the year is 40,000kWh or lower.
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Directors' Report (continued)
For the Year Ended 31 December 2024
The directors are responsible for preparing the Strategic Report, the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.
In preparing these financial statements, the directors are required to:
∙select suitable accounting policies for the Company's financial statements and then apply them consistently;
∙make judgements and accounting estimates that are reasonable and prudent;
∙state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the board on 18 December 2025 and signed on its behalf.
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Chartered Accountants' Report to the Board of Directors on the preparation of the Unaudited Statutory Financial Statements of SGX Sensortech China Holdco Limited for the Year Ended 31 December 2024
Chartered Accountants
Birmingham
Birmingham
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Profit and Loss Account
For the Year Ended 31 December 2024
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Balance Sheet
As at 31 December 2024
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 December 2025 .
The notes on pages 8 to 12 form part of these financial statements.
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Notes to the Financial Statements
For the Year Ended 31 December 2024
SGX Sensortech China Holdco Limited is a private company incorporated in the United Kingdom and registered in England and Wales under the Companies Act. The address of the registered office is given in the company information section. The nature of the Company's operations and its principal activities is that of a holding company.
2.Accounting policies
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies.
The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
∙the requirements of Section 7 Statement of Cash Flows;
∙the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d);
∙the requirements of Section 11 Financial Instruments paragraphs 11.42, 11.44 to 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);
∙the requirements of Section 12 Other Financial Instruments paragraphs 12.26 to 12.27, 12.29(a), 12.29(b) and 12.29A;
∙the requirements of Section 26 Share-based Payment paragraphs 26.18(b), 26.19 to 26.21 and 26.23;
∙the requirements of Section 29 Income tax paragraphs 29.28(b) and 29.29. This is an exemption from certain disclosures in relation to Pillar Two model rules where an entity is, or expects to be, within the scope of the Pillar Two legislation. The exemption is dependent on equivalent disclosures being made in the consolidated financial statements. It is not an exemption from all Pillar Two model rules and disclosures. Qualifying entities are still required to provide disclosures in accordance with paragraph 29.26 (g) and 29.28(a) if Pillar two model rules are applicable;
∙the requirements of Section 33 Related Party Disclosures paragraph 33.7.
This information is included in the consolidated financial statements of Amphenol Corporation as at 31 December 2024 and these financial statements may be obtained from Amphenol World Headquarters, 358 Hall Avenue, Wallingford, CT 06492, United States of America.
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Notes to the Financial Statements
For the Year Ended 31 December 2024
2.Accounting policies (continued)
The Company is a parent company that is also a subsidiary included in the consolidated financial statements of a larger group by a parent undertaking established under the law of a state other than the United Kingdom and is therefore exempt from the requirement to prepare consolidated financial statements under section 401 of the Companies Act 2006.
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Notes to the Financial Statements
For the Year Ended 31 December 2024
4.Taxation (continued)
In the Spring Budget 2021, the government announced that from 1 April 2023 the headline corporation tax rate would increase to 25%. The proposal to increase the rate to 25% had been substantively enacted at the company’s balance sheet date, therefore its effects have been included in these financial statements.
Deferred taxes at the balance sheet date have been measured using these enacted tax rates and reflected in these financial statements. There is no expiry date on timing differences, unused tax losses or tax credits.
Deferred taxes at the balance sheet date have been measured using these enacted tax rates and reflected in these financial statements. There is no expiry date on timing differences, unused tax losses or tax credits.
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Notes to the Financial Statements
For the Year Ended 31 December 2024
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Notes to the Financial Statements
For the Year Ended 31 December 2024
Profit and loss account
The Company's immediate parent undertaking is Amphenol East Asia Limited which is registered in Hong Kong.
Amphenol Corporation, a company incorporated in the United States of America and listed on the New York Stock Exchange is the ultimate parent undertaking and is both the largest and the smallest group to consolidate these financial statements. The financial statements of Amphenol Corporation can be obtained from 358 Hall Avenue, Wallingford, Connecticut 06492-0384, USA.
Amphenol Corporation, a company incorporated in the United States of America and listed on the New York Stock Exchange is the ultimate parent undertaking and is both the largest and the smallest group to consolidate these financial statements. The financial statements of Amphenol Corporation can be obtained from 358 Hall Avenue, Wallingford, Connecticut 06492-0384, USA.
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