RHEINMETALL BAE SYSTEMS LAND LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. RHEINMETALL BAE SYSTEMS LAND LIMITED 2019-07-18 → present
2. BAE SYSTEMS GLOBAL COMBAT SYSTEMS LIMITED 2010-06-01 → 2019-07-18
3. BAE SYSTEMS LAND SYSTEMS (WEAPONS & VEHICLES) LIMITED 2005-01-05 → 2010-06-01
4. ALVIS VICKERS LIMITED 2002-10-08 → 2005-01-05
5. ALVIS VICKERS LTD. 2002-10-01 → 2002-10-08
6. ALVIS VEHICLES LTD. 1998-10-30 → 2002-10-01
7. ALVIS INDUSTRIES LIMITED 1992-03-23 → 1998-10-30
8. ALVIS LIMITED 1976-12-31 → 1992-03-23
9. WEST YORKSHIRE FOUNDRIES LIMITED 1946-07-12 → 1976-12-31

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company carries out business and programme weekly and monthly liquidity reviews, monthly forecast reviews and five-year projections as part of the annual Budget process... The Directors have a reasonable expectation that the Company has access to adequate resources to continue in existence for at least 12 months from the date of approval of the financial statements.”

Significant events

• “In February 2024 the first prototype CR3 vehicle was completed and sent for trials in Unterluss, Germany with the second following in early 2025. In December 2024 the first completed MIV vehicle 'CP12' was dispatched and delivered to our UK customer followed by the manufacturing completion of the second in March 2025 ready for acceptance testing.”
• “Order intake is higher in 2024 due to securing the contract to design and manufacture the Active Protection Systems for the CR3 programme and the 5 year extension to the Heavy Armour PDS contract.”
• “There have been no significant events affecting the Company since the year end.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +39.5%

  £155,202,000 → £216,521,000

• Cash

  +6,300%

  £1,000 → £64,000

• Net assets

  +3.8%

  £30,300,000 → £31,456,000

• Employees

  +1.8%

  709 → 722

• Operating profit

  -61.7%

  £6,516,000 → £2,497,000

• Profit before tax

  -75.1%

  £7,198,000 → £1,794,000

• Wages

  +8.4%

  £36,580,000 → £39,667,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers