Cherrytech Group

What Cherrytech Group does

Cherrytech Group is a privately held UK-headquartered contract electronics manufacturer (CEM) with wholly-owned production facilities in Waterlooville, Hampshire (UK) and Lamphun, Thailand. Founded approximately in 1999 and operating for 25+ years, the group delivers turnkey electronics manufacturing services spanning surface-mount (SMT) and through-hole PCB assembly, cable and electro-mechanical assembly, box builds, prototype builds, product testing, design for manufacture (DFM), and component obsolescence management. The group comprises the parent Cherrytech Limited, its Thai operating entity Cherrytech Asia Co., Ltd., the Quarndon Components subsidiary (hard-to-find and obsolete electronic component sourcing), and the recently acquired Soumac Assembly Services (UK-based CEM, integrated October 2024).

The company serves two primary customer segments: startups and SMEs bringing new electronic products to market across IoT, industrial control, and medical applications, and enterprise customers in the aerospace, defense, and security sectors (validated by JOSCAR certification). Its core technical capability rests on a dual-site, wholly-owned manufacturing footprint that enables a 'prototype in the UK, scale in Thailand' workflow without supplier change, combined with in-house supply chain and obsolescence management. Revenue is generated via quote-based, project-specific contracts covering manufacturing fees, component sourcing margins, and project management services, with multi-year contract cadence and direct enterprise field sales plus inside sales as the primary go-to-market motion. The company has invested significantly in operational capacity over 2023-2024, including a Thailand facility expansion that more than tripled output, UK SMT line additions, and the Soumac acquisition.

Name

Cherrytech Group

Legal name

Cherrytech Limited

Website

https://cherrytechgroup.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

11–50 employees

Short description

Cherrytech Group is a UK-headquartered contract electronics manufacturer with wholly-owned UK and Thailand facilities, providing turnkey PCB assembly, cable/box builds, prototyping, supply chain, and obsolescence management to SMEs and aerospace/defense OEMs.

Ownership category

akta.pro rank

Headquarters

HQ city

Portsmouth

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Contract Electronics Manufacturing Services: Cherrytech generates revenue through providing contract manufacturing services including PCB assembly (surface mount and through-hole), cable and electro-mechanical assembly, box builds, prototype builds, and product testing. Revenue is derived from manufacturing fees, component sourcing margins, and project management services for B2B customers across multiple production volumes.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Cherrytech Group is a contract electronics manufacturer providing turnkey electronic manufacturing solutions from two wholly-owned facilities in the UK (Waterlooville, Hampshire) and Thailand (Lamphun). Core services include PCB assembly (surface mount and through-hole), cable and electro-mechanical assembly, box builds, prototype builds, product testing, design for manufacture, and component sourcing, supported by proactive obsolescence management. The company enables customers to prototype in the UK and scale to volume production in Thailand with a single supplier.

Product overview

Cherrytech Group is a contract electronics manufacturer (CEM) offering turnkey electronic manufacturing solutions. The company operates wholly owned production facilities in both the UK (Waterlooville, Hampshire) and Thailand (Lamphun), providing flexible manufacturing options from prototype to volume production. Their core portfolio includes PCB Assembly (surface mount and through-hole), Cable and Electro-Mechanical Assembly, and Supply Chain solutions. The group includes subsidiary Quarndon Components for electronic component distribution and sourcing, along with recently acquired Soumac Assembly Services (UK). Additional services encompass Obsolescence Management, Box Build Assembly, Prototype Builds, Product Testing, and Design for Manufacture (DFM). The company serves customers from initial prototype development in the UK through to volume production in their Thailand facility.

Differentiator

Problem solved

Functional benefit

Products and services

• PCB Assembly Printed Circuit Board Assembly services including both surface mount technology (SMT) and through-hole assembly, along with associated testing capabilities, offered to OEMs and product developers for prototype and volume production runs.
• Cable and Electro-Mechanical Assembly Full turnkey solutions including cable assembly, cable harnesses, and electro-mechanical assemblies, with auto cable cut, strip, and cable harnessing capabilities for OEM customers.
• Supply Chain Supply chain solutions including component sourcing and procurement management, supported by the Quarndon Components subsidiary's worldwide distributor network for hard-to-find and obsolete parts.
• Obsolescence Management Proactive obsolescence management services to help customers identify End-of-Life risks, monitor component lifecycles, highlight single-source vulnerabilities, and support mitigation strategies including last-time buys and alternative component sourcing.
• Quarndon Components Subsidiary of Cherrytech Group trading in the distribution of electronic components, specializing in sourcing both hard-to-find and obsolete components through a worldwide network of franchised and independent distributors.
• Box Build Assembly Full box build assembly services as part of turnkey manufacturing solutions, integrating PCBs, cables, and electro-mechanical sub-assemblies into finished products for OEM customers.
• Prototype Builds Prototype build services to help customers develop and test products before full production, primarily delivered from the UK facility.
• Product Testing Comprehensive product testing services as part of the manufacturing process, supporting quality verification for assembled electronics.
• Design for Manufacture (DFM) Design for Manufacture services to help customers optimize product designs for efficient and cost-effective production.

Quantifiable outcome

• 75% of UK site's annual electricity needs met by newly installed solar array, demonstrating operational efficiency and sustainability commitment
• +1 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Soumac Assembly ServicescoreStrategic or Co-development Partner · 31 October 2024Cherrytech Limited acquired Soumac Assembly Services, a UK-based Contract Electronics Manufacturer founded in 1992. SAS initially specialized in electronics test and repair before expanding into contract manufacturing, with a strong reputation for exceptional quality, competitive pricing, and fast-turn solutions. The acquisition expands Cherrytech's UK footprint, adds capacity, and enhances risk mitigation alongside their existing Asia operation. No immediate changes to customer services were announced.

Scale indicators4 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• Flex Ltd: Global EMS and supply chain solutions provider with operations across multiple continents. Provides the same core contract manufacturing services as Cherrytech (PCB assembly, box build, prototyping) at massive global scale.
• Jabil Inc. One of the world's largest EMS providers, offering end-to-end electronics design, manufacturing, and supply chain services across diverse end-markets. Comparable business model to Cherrytech but at vastly greater scale and global reach.
• Plexus Corp. Mid-sized global EMS provider focused on complex, regulated end-markets including aerospace/defense, medical, and industrial. Closely comparable business model to Cherrytech in low-volume, high-mix electronics manufacturing.
• Sanmina Corporation: Global integrated manufacturing solutions provider offering PCB assembly, cable/box build, and supply chain services to communications, defense, medical, and industrial customers. Overlaps with Cherrytech's aerospace/defense and industrial EMS capabilities.
• Creation Technologies: Mid-sized North American EMS provider serving aerospace/defense, medical, and industrial OEMs with PCB assembly and full box build services. Comparable low-to-medium volume, high-mix model similar to Cherrytech.
• TT Electronics plc: UK-listed electronics manufacturer serving aerospace, defense, medical, and industrial markets with electronic manufacturing and engineered component solutions. Overlaps with Cherrytech in aerospace/defense EMS but is significantly larger and more diversified.
• Benchmark Electronics, Inc. Global EMS provider offering design, engineering, manufacturing, and aftermarket services for aerospace/defense, medical, and industrial customers. Comparable service portfolio to Cherrytech at significantly larger scale.

Direct peers

• Axiom Manufacturing Services: UK-based CEM offering PCB assembly, cable and box build, and full turnkey solutions with off-shore manufacturing options. Comparable to Cherrytech in service portfolio and SME/aerospace-defense customer focus.
• Custom Interconnect Ltd: UK-based contract electronics manufacturer of PCBs, cable assemblies, and box builds, serving aerospace, defense, medical, and industrial customers. Directly comparable to Cherrytech in size, service mix, and target verticals.
• SigmaTron International, Inc. Small-cap US-based EMS provider offering PCB assembly, cable assembly, and box build services with offshore manufacturing in Asia. Closest direct peer to Cherrytech in size, scope, and dual-shore operating model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/cherrytech-limited
• Facebookfacebook.com/sharer.php?u=https://cherrytechgroup.com
• Xx.com/cherrytechgroup

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries2 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 Cherrytech Group