About Solid State PLC
Solid State PLC is a publicly listed company based in Redditch (United Kingdom) founded in 1979. Solid State PLC is engaged in supplying electronics for harsh environments. It operates on a Reseller / Distribution model. Solid State PLC has completed 7 acquisitions, including Active Silicon, Custom Power and Gateway Electronic Components. Its chief executive, as recorded, is Gary Stephen Marsh. Solid State PLC offers products and services including Durable Components, Assemblies, and Manufactured Units. Its focus areas include Electronics and Components and Systems.
Company details
Solid State PLC is involved in providing value-added electronics solutions to commercial, industrial, and defence markets. Durable components, assemblies, and manufactured units are supplied for use in specialist and harsh environments. The company focuses on sustainable growth markets, leveraging specific strengths to deliver technology solutions. A diverse product and service structure is maintained to ensure resilience, reflected in consistent financial performance. Operations are driven by a clear strategy for organic and acquisitive growth, with headquarters based in the UK.
- Headquarters Redditch, United Kingdom
- Stage Public
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website solidstateplc.com
- Social LinkedIn
- Legal Name Solid State Plc
- Annual Revenue$204.1 M (USD)23.25as on Mar 31, 2026
- Net Profit$5.42 M (USD)698.44as on Mar 31, 2026
- EBITDA$17.92 M (USD)42.51as on Mar 31, 2026
- Investors
- Investments & AcquisitionsActive Silicon
& 6 more
Products & Services of Solid State PLC
Solid State PLC offers a comprehensive portfolio of products and services, including Durable Components, Assemblies, and Manufactured Units.
Components are supplied for harsh environment applications.
Assemblies are provided for industrial and defence sectors.
Units are manufactured for specialist technology applications.
Funding Insights of Solid State PLC
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Solid State PLC with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2020 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in Solid State PLC
Solid State PLC has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Gov.uk.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Online government services and information are provided to users. | 1707 | gov.uk | London, United Kingdom |
Investor details for Solid State PLC
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Solid State PLC
15 people are tracked at Solid State PLC (5 in leadership, 5 in board & advisors, 5 in team).
| Name | Role | Group |
|---|---|---|
Gary Stephen Marsh | CEO | Leadership |
Gary Marsh | Chief Executive Officer At Solid State PLC | Leadership |
Peter James | Group Finance Director | Leadership |
David Pollock | Director Of Sales-us | Leadership |
Stephen Brown | Chief Sales Officer (cso) | Leadership |
Tony Frere | Non-executive Chairman | Board & advisors |
Matthew Richards | Director | Board & advisors |
Nigel Rogers | Non-executive Director | Board & advisors |
Pete Magowan | Non-Executive Director | Board & advisors |
Sam Smith | Non-Executive Director | Board & advisors |
Dalien Hamman | Finance Manager | Team |
Lyn Davidson | Group Financial Controller | Company Secretary | Team |
Jennifer Watts (Hill) | Divisional Financial Controller (systems) | Team |
Andy Cornwell | Busness Development Manager | Team |
Natalie Ryan | Marketing Specialist | Team |
Complete people profiles for Solid State PLC
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Solid State PLC
Solid State PLC is a publicly listed company on the LSE with ticker symbol SOLI in UK, operating in the Distribution services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date26 Jun 1996
- Listed onLSE: SOLI
- Listed entitySolid State plc
- Exchange sectorDistribution services
- ISINGB0008237132
- Share price165.00 GBX · 2026-10-14
- Market capitalisation93,981,045.00 GBX
- Price to earnings23.2
- EPS (diluted, trailing year)0.07 GBX
- Dividend yield1.67%
Financials of Solid State PLC
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 154.1M GBP | 4.1M GBP | 13.5M GBP |
| 2024 | 125.1M GBP | 512,000 GBP | 9.5M GBP |
| 2023 | 163.3M GBP | 8.9M GBP | 19.2M GBP |
| 2022 | 126.5M GBP | 6.7M GBP | 14.1M GBP |
| 2021 | 85.0M GBP | 2.5M GBP | 7.1M GBP |
Detailed financial statements for Solid State PLC
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Solid State PLC
Solid State PLC has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Active Silicon, Custom Power and Gateway Electronic Components.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Microwave and RF antennas are supplied with intelligent positioning solutions. | qparusa.com | 0 | Nov 2024 | $2M | ||
Distributor of electronic components and provider of custom machining services. It offers a wide selection of off-the-shelf components across various categories, including magnetics, IoT devices, and passive components. In addition to distribution, it provides a custom ferrite machining service, creating tailored solutions for specific project needs. This includes gapping and machining ferrite cores to bespoke specifications. The company also offers bespoke PCB solutions, designed and manufactured to customer requirements. A product assembly service completes the offering, managing the entire process from sourcing components to final product delivery. | gatewaycando.com | United Kingdom | 2008 | Oct 2024 | $1.86M | |
Manufacturer of custom battery packs | custompower.com | Fountain Valley, United States | 1965 | Jul 2022 | •••• | |
Sensors, relays, and resistors are manufactured by Willow Technologies. | willow.co.uk | Crawley, United Kingdom | 1989 | Mar 2021 | $13.92M | |
Manufacturer of imaging products and embedded vision systems | activesilicon.com | Iver, United Kingdom | 1988 | Mar 2021 | $8.77M | |
LED lights, monitor displays, and laser components are manufactured. | pacer-usa.com | Jupiter, United States | 1989 | Nov 2018 | •••• | |
Provider of bottles, tips, and caps labeling solutions | pacerprivatelabel.com | Rancho Cucamonga, United States | 2003 | Nov 2018 | $4.85M |
Complete acquisition details for Solid State PLC
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Solid State PLC
11 dated milestones of Solid State PLC across 45 years, from founding to its latest funding, stage changes and deals.
- Founded Solid State PLC is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Pacer Technology.
- Acquisition Acquires Solsta.
- Acquisition Acquires Solsta.
- Funding First funding round.
- Acquisition Acquires Active Silicon.
- Acquisition Acquires Willow Technologies.
- Acquisition Acquires Custom Power.
- Acquisition Acquires Gateway Electronic Components.
- Acquisition Acquires Qparusa.
Web traffic of Solid State PLC
The website of Solid State PLC (solidstateplc.com) receives about 2.8K visits a month.
- Monthly visits2.8K
▼ 12% vs previous month
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Solid State Plc
Complete news archive for Solid State PLC
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Solid State PLC
Solid State PLC was founded in 1979 and raised its 1st funding round 41 years after it was founded.
Solid State PLC is headquartered in Redditch, United Kingdom. It is registered at Redditch, Worcestershire, United Kingdom.
Gary Stephen Marsh is the CEO of Solid State PLC, as recorded in our data.
Annual revenue of Solid State PLC is $204.1M as on Mar 31, 2026.
Solid State PLC is involved in providing value-added electronics solutions to commercial, industrial, and defence markets. Durable components, assemblies, and manufactured units are supplied for use in specialist and harsh environments. The company focuses on sustainable growth markets, leveraging specific strengths to deliver technology solutions. A diverse product and service structure is maintained to ensure resilience, reflected in consistent financial performance. Operations are driven by a clear strategy for organic and acquisitive growth, with headquarters based in the UK.
Solid State PLC offers Durable Components, Assemblies, and Manufactured Units.
Yes, Solid State PLC is publicly traded on LSE under the ticker symbol SOLI.
Solid State PLC has made 7 acquisitions, including Active Silicon, Custom Power, and Gateway Electronic Components.
Solid State PLC has 1 investor. Key investors include Gov.uk.
Solid State PLC operates through Solid State Plc.