Nemco

What Nemco does

Nemco Limited is a UK-based contract electronics manufacturer (CEM) founded in 1985 by Dave Pearce and headquartered in a 60,000 sq ft state-of-the-art facility on Wedgwood Way, Stevenage, Hertfordshire. The company is privately held, founder-controlled, and employs 120+ people, with no external private equity or venture capital disclosed in its history. Nemco provides end-to-end PCB-based electronics manufacturing services spanning design for manufacture and new product introduction, surface mount and conventional through-hole PCB assembly (including 24-layer high-density boards and microBGA placement), in-circuit and functional testing, automated optical inspection, X-ray inspection, ionic contamination and RF testing, advanced conformal coating (acrylic selective spray and silicon dip), full box-build integration with cable looms and harnesses, and ERP-based supply chain management. Supporting infrastructure includes an ISO 7 cleanroom (BS EN ISO 14644-1:2015), the plant is AS9100 Rev D, ISO 9001:2015, ISO 14001:2015, Cyber Essentials Plus, JOSCAR, and SC21 Silver accredited, and is a member of the ADS Group, Make UK Defence, and the eight-member Manufacturing Assembly Network (MAN Group).

The business operates a sales-led, direct field sales go-to-market targeting enterprise OEM customers across eight regulated verticals — aerospace, defence, medical, industrial, automotive and transportation, renewable energy, power failure correction, automation, and safety devices — with named accounts including a Tier 1 aviation customer, TRC defence, a power shelf test equipment OEM, and the UK Ventilator Challenge government consortium. Pricing is project-based and quote-driven, using cost-plus, fixed-price, and volume-discount structures across one-time project work, professional services (design, test), and managed services (supply chain). Customers are served in the UK and across Europe, North America, and Asia, with demand generated through a named business development team (David Albon, Ryan Handley, David Duric), sustained presence at major UK trade shows (Subcon, Southern Manufacturing & Electronics, Engineering Design Show, DPRTE), and an extensive content marketing programme. Notable capability demonstrations include the UK Ventilator Challenge (24,000 PCBAs and 11 bespoke test systems delivered in under three weeks) and rapid-turn delivery of complex 24-layer aviation PCBAs where an incumbent subcontractor had failed.

Name

Nemco

Legal name

Nemco Limited

Website

https://nemco.co.uk

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

51–100 employees

Short description

Nemco is a UK-based, founder-owned contract electronics manufacturer founded in 1985, providing PCB assembly, box build, design, testing and supply chain services to aerospace, defence, medical, industrial and automotive OEMs from a 60,000 sq ft AS9100-accredited facility in Stevenage.

Ownership category

akta.pro rank

Product category

Contract Electronics Manufacturing

NAICS

Printed Circuit Assembly (Electronic Assembly) Manufacturing (334418)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

PCB Assembly (PCBA/EMS) (HDAHAOAI)

Keywords

• Contract electronics manufacturing
• PCB assembly services
• Box build assembly
• Electronics design services
• Supply chain management

Headquarters

HQ city

Stevenage

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. PCB Assembly Services: Provides surface mount (SMT) and conventional PCB population services, from prototype creation through to volume production, including mixed technology assembly and fine pitch component placement
2. Box Build and Full Product Assembly: Complete box build assembly services including full turnkey solutions, wiring looms and harness production, mechanical assembly, and final product integration
3. PCB Design Services: PCB layout, design for manufacture, and new product introduction services provided as part of the CEM engagement
4. Test Solutions: Ionic contamination testing, AOI, X-ray inspection, and custom test system design and build services including bespoke test equipment
5. Supply Chain Management: ERP-based supply chain management services including component sourcing, material procurement, and forward material allocation
6. Conformal Coating: Advanced conformal coating services using acrylic and silicon materials for environmental protection of PCBs

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Nemco is a UK-based contract electronics manufacturer (CEM) providing PCB assembly, box build, PCB design, test solutions, conformal coating, and supply chain management services. The company serves OEMs across aerospace, defence, medical, industrial, automotive and renewable energy sectors from a 60,000 sq ft facility in Stevenage, supporting the full product lifecycle from prototyping through volume production.

Product overview

Nemco is a UK-based contract electronics manufacturer (CEM) offering a comprehensive, integrated suite of PCB and electronics manufacturing services. The portfolio is organized as a full-service manufacturing ecosystem rather than discrete standalone products: PCB Assembly (prototype creation, SMT and conventional population) forms the manufacturing core; Box Build extends this to complete product assembly including wiring looms and harness; PCB Design supports layout, DFM, and NPI; Supply Chain Management provides ERP-based procurement and inventory control; Test Solutions offers inspection (AOI, X-ray), ionic contamination testing, and functional validation; and Conformal Coating adds environmental protection. Supporting infrastructure includes an ISO 7 cleanroom. Together these services cover the full product lifecycle from concept through volume production, serving sectors including aerospace, defence, automotive, medical, industrial, renewable energy, and safety devices.

Differentiator

Problem solved

Functional benefit

Products and services

• PCB Assembly
• Box Build
• PCB Design
• Supply Chain Management
• Test Solutions
• Conformal Coating
• Prototyping Services
• Cable and Harness Assembly

Quantifiable outcome

• 24,000 PCBAs delivered on schedule during UK Ventilator Challenge alongside 11 bespoke test systems built in under three weeks
• +2 more outcomes

Named customers4 records

Segments9 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Manufacturing Assembly Network (MAN Group)coreStrategic or Co-development Partner · 1 January 2006Nemco is a founding member of the Manufacturing Assembly Network (MAN), a unique global collective formed in 2006 comprising eight UK sub-contract manufacturers and a leading engineering design agency. Members include Alucast, Brandauer, Fluxsys, Grove Design, James Lister & Sons, KimberMills International, Nemco, and PP Control & Automation. The group employs over 1,000 people across 12 factories, exports to more than 35 countries, and works together to share best practices and secure contracts for UK industry.
• ADS GroupcoreStrategic or Co-development PartnerNemco is a member of ADS Group, the trade organisation for the aerospace, defence, security and space sectors. ADS membership demonstrates Nemco's commitment to the aerospace and defence supply chain and provides access to industry events, roadshows, and networking opportunities.
• Make UK DefenceminorStrategic or Co-development PartnerNemco joined Make UK Defence to strengthen connections within the UK's defence and security industry. This membership supports Nemco's presence in the defence sector and provides access to industry resources and networking opportunities.
• UK Ventilator Challenge ConsortiumcoreStrategic or Co-development PartnerDuring the COVID-19 pandemic, Nemco played a key role in the UK Ventilator Challenge, coordinating material supply across multiple consortium partners. Nemco manufactured 24,000 PCBAs and designed and built 11 bespoke test systems in under three weeks, coordinating the wider production ecosystem.
• WMG, University of Warwick SME GroupminorStrategic or Co-development PartnerAs part of the Design & Make Challenge organised by MAN, graduate engineers from WMG's SME Group at the University of Warwick guide students alongside apprentices from MAN companies. Nemco participates in this annual STEM initiative to inspire young talent in manufacturing and engineering.
• Hertfordshire LEPminorStrategic or Co-development PartnerNemco participates in Generation Stevenage events organised by Hertfordshire LEP's skills portal in partnership with local stakeholders, recruiting for careers in electronics manufacturing.

Scale indicators9 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• NOTE AB: Swedish mid-size contract electronics manufacturer with similar business model (PCBA, box build, NPI, supply chain) and comparable customer mix across industrial, medtech and defence. Closest profile match to Nemco in size, geographic focus and service offering.
• Inission AB: Nordic industrial CEM providing PCB assembly, box build, test and supply chain services across industrial, medtech and defence. Similar size band and end-market mix to Nemco with comparable service breadth.
• Scanfil Oyj: Finnish-listed contract manufacturer with European manufacturing footprint, serving industrial, energy, medtech and automotive customers. Comparable full-service EMS offering (PCBA, box build, supply chain) and similar mid-market positioning make it a relevant peer.
• EC Electronics: UK-based CEM providing PCB assembly, box build and cable harness services across industrial, medical and aerospace sectors. Comparable service offering and UK manufacturing footprint to Nemco.
• Hanza Holding: Nordic-headquartered CEM offering PCB assembly, box build, mechanics and supply chain services to industrial, medtech and defence customers. Comparable scale and vertically integrated offering make it a strong direct peer to Nemco.
• Offshore Electronics: UK-based contract electronics manufacturer serving aerospace, defence, medical and industrial customers with PCB assembly and full product build. Similar size band and sector exposure to Nemco make it a relevant UK peer.
• Kitron ASA: Norwegian CEM with a strong defence, aerospace, medical and industrial customer base, providing PCB assembly and box build services. Larger than Nemco but operates the same core contract manufacturing model for similar regulated end-markets, including UK and US customers.
• Custom Interconnect: UK-based contract electronics manufacturer offering PCB assembly, box build, test and supply chain services to aerospace, defence, medical and industrial customers. Closest UK domestic peer to Nemco in scale and sector focus.

Broad incumbents

• Flex Ltd: Global contract electronics manufacturing services giant serving aerospace, defence, medical, industrial and automotive OEMs worldwide. Sets the competitive benchmark on scale, geographic footprint and supply chain breadth against which mid-size UK CEMs like Nemco are evaluated.
• TT Electronics: UK-headquartered global electronics manufacturer with much broader portfolio (sensors, power conversion, connectivity) but operates overlapping CEM/PCBA capabilities for aerospace, defence and medical customers. Larger and more diversified than Nemco, but competes for similar programmes.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/NEMCOLimited
• LinkedInlinkedin.com/company/nemco-limited
• Xx.com/nemcoltd_cem

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nemco