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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-07-15 (in 2mo)

Last made up 2025-07-01

Watchouts

None on the register

Cash

£41M

+0.3% vs 2023

Net assets

£329M

+67.4% vs 2023

Employees

4,834

+17.2% vs 2023

Profit before tax

£159M

+36.3% vs 2023

Name history

Renamed 2 times since incorporation

  1. ROLLS-ROYCE SUBMARINES LIMITED 2018-07-31 → present
  2. ROLLS-ROYCE MARINE POWER OPERATIONS LIMITED 1999-01-15 → 2018-07-31
  3. ROLLS-ROYCE AND ASSOCIATES LIMITED 1959-02-06 → 1999-01-15

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £902,292,000£1,380,954,000
Operating profit £99,075,000£134,937,000
Profit before tax £116,469,000£158,746,000
Net profit £94,669,000£120,810,000
Cash £40,369,000£40,507,000
Total assets less current liabilities £200,010,000£389,751,000
Net assets £196,359,000£328,763,000
Equity £196,359,000£328,763,000
Average employees 4,1254,834
Wages £256,491,000£325,463,000

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-31
Operating margin 11.0%9.8%
Net margin 10.5%8.7%
Return on capital employed 49.5%34.6%
Gearing (liabilities / total assets) 68.5%54.3%
Current ratio 1.42x2.10x
Interest cover 798.99x57.35x

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.

Audit & accounting basis

Accounting basis
FRS 101
Reporting scope
Standalone (parent only)
Auditor
PricewaterhouseCoopers LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors of the Company have prepared the Financial Statements on a going concern basis which assumes the Company will continue in operation for at least 12 months from the date of approval of the Financial Statements and be able to meet its obligations as they fall due. In forming this judgement the Directors have taken account of the current and forecast trading performance of the business for the period to 31 December 2026, including taking account of reasonably possible changes in trading performance and the likelihood of the renewal/replacement of key contracts which expire within that year. The nature of the Company's contracts enables it to be consistently cash generative. Management's forecasts indicate that this is expected to continue throughout the forecast period. After considering the factors as set out above, the Directors have a reasonable expectation that the Company has access to sufficient financial and other resources to continue in operational existence for the foreseeable future that is at least twelve months from the date of approval of these Financial Statements. Accordingly, the Directors believe that it is appropriate that these Financial Statements are prepared on a going concern basis.”

Significant events

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

People

9 active · 48 resigned

Name Role Appointed Born Nationality
CARLIER, Steven Director 2014-05-07 Sep 1971 British
CHOLERTON, Christopher James Director 2023-08-04 Feb 1963 British
CLAYTON, Abigail Director 2025-12-10 Feb 1977 British
COWELL, James John Director 2024-04-22 Dec 1974 British
DEARDEN, Steven Roy Director 2012-01-19 Mar 1960 British
GRAHAM, Paul Richard Director 2019-10-16 Jul 1971 British
JOHNS, Tony Director 2024-10-16 Mar 1962 British
WARREN, Lee Director 2021-12-13 Nov 1972 British
WOOD, Stephen Charles Director 2023-10-03 Aug 1983 British
Show 48 resigned officers
Name Role Appointed Resigned
ASHFIELD, John Richard Secretary 1995-05-19 1999-03-08
GOMA, Delrose Joy Secretary 1999-03-08 2015-08-31
HARVEY-WRATE, Andrew Secretary 2015-08-31 2018-07-25
LONDON, Philip Ronald Secretary 1994-02-25 1995-05-19
MCENTAGGART, Kevin Anthony Secretary 1994-02-25
BARKHAM, John Nichol Director 1994-03-09
BOWEN, Simon Christopher Director 2021-12-13 2023-03-27
BRIDGEMAN, Roger Geoffrey Director 1996-11-26 1998-09-02
BRIDGEMAN, Roger Geoffrey Director 1992-11-01 1994-12-16
BUCKLAND, Richard James Director 1998-11-01 2004-01-27
BURGESS, John Director 1995-12-31
CARRICK, Richard James Director 2019-07-11 2024-01-19
CLARKSON, Donald Thomas Director 1993-02-10
DAWSON, David Alan Director 1993-01-31
DOLAN, Kevin Director 1994-03-09 1998-09-02
FORBES, Duncan John Director 2005-03-01 2010-03-31
GARWOOD, Stephen John, Doctor Director 1996-03-20 1998-09-02
GARWOOD, Stephen John, Dr Director 2010-03-17 2013-10-04
GHALIB, Selchouk Ahmed Director 1992-11-18
GLANVILLE, John Michael Director 1993-04-19 1998-09-02
GORDON, Andrew John Director 2011-04-04 2018-07-03
GORHAM, Duncan Edward Director 1997-08-29
GOULD, Gerald Director 1995-08-10
GOULTY, Christopher John Director 2018-03-07 2021-11-24
GREGORY, Mark Director 2022-01-01 2023-08-04
HALL, Jeremy William Morris Director 2006-07-19 2014-03-31
HAYNES, Lawrence John Director 2009-05-15 2016-04-26
HELME, Michael John Director 2014-05-07 2015-02-27
HELME, Michael John Director 2003-08-06 2005-12-31
HIRSCH, Peter Bernhard, Sir Director 1994-12-16 1998-09-02
HOLT, Harry Arthur Blair Director 2016-04-26 2021-12-31
HOLT, John Director 2011-04-04 2016-03-31
LANYADO, Saul Hyam Bertram, Dr Director 2000-11-16 2007-03-31
LOWE, George Kenneth Director 1998-11-01 2010-03-31
LUDLAM, Stephen Director 2005-03-01 2010-01-18
MEAD, Christopher John Director 1995-08-10 1998-09-02
NOBLE, David Clive Director 1995-08-10 1998-10-31
ORR, David Leon Director 2013-10-04 2024-04-22
OWENS, Rosalind Ellen Macaulay Director 2018-03-07 2023-10-03
PATERSON, John Paul Director 2007-10-25 2009-05-15
PERKINS, Andrew Derrick John Director 1993-06-15
PRICE, David John Director 2000-06-19 2005-03-01
ROSE, John Edward Victor, Sir Director 1993-06-15
ROULSTONE, Anthony Richard Marsden Director 1992-11-16 1997-08-18
SMITH, Jason Stewart Director 2010-01-18 2015-09-30
SUNERTON, Robert Wallace Director 1997-08-18 2000-11-16
WELSH, David Director 2000-02-17 2011-04-04
WHETTON, Paul Anthony Director 1997-05-07 1998-09-02

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Rolls-Royce Plc Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 233 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2025-12-20 RESOLUTIONS Resolution
  • 2025-12-20 MA Memorandum articles
Date Type Category Description
2026-03-10 CH01 officers Change person director company with change date PDF
2025-12-23 AP01 officers Appoint person director company with name date PDF
2025-12-20 RESOLUTIONS resolution Resolution
2025-12-20 MA incorporation Memorandum articles
2025-08-20 AA accounts Accounts with accounts type full
2025-07-03 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-10-28 AP01 officers Appoint person director company with name date PDF
2024-08-19 AA accounts Accounts with accounts type full
2024-07-01 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-05-09 AP01 officers Appoint person director company with name date PDF
2024-05-08 TM01 officers Termination director company with name termination date PDF
2024-01-30 TM01 officers Termination director company with name termination date PDF
2023-10-04 AP01 officers Appoint person director company with name date PDF
2023-10-04 TM01 officers Termination director company with name termination date PDF
2023-08-07 AP01 officers Appoint person director company with name date PDF
2023-08-07 TM01 officers Termination director company with name termination date PDF
2023-08-01 AA accounts Accounts with accounts type full
2023-07-03 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-06-30 TM01 officers Termination director company with name termination date PDF
2022-08-26 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
6

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
0

last 12 months

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

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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

Official Companies House page