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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-06-19 (in 1mo)

Last made up 2025-06-05

Watchouts

None on the register

Cash

Latest balance sheet

Net assets

£1B

+2.1% vs 2023

Employees

Average over period

Profit before tax

£654M

+24.5% vs 2023

Name history

Renamed 2 times since incorporation

  1. BAE SYSTEMS ENTERPRISES LIMITED 1988-04-05 → present
  2. SHIP WEAPON SYSTEMS MANAGEMENT LIMITED 1982-12-13 → 1988-04-05
  3. BRITISH AIRCRAFT CORPORATION (COMMERCIAL-AIRCRAFT) LIMITED 1963-12-02 → 1982-12-13

Accounts

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

Metric Trend 2023-12-312024-12-31
Turnover
Operating profit £300,000
Profit before tax £525,014,000£653,749,000
Net profit £525,014,000£653,749,000
Cash
Total assets less current liabilities £1,295,770,000£1,323,412,000
Net assets £1,295,770,000£1,323,412,000
Equity £1,295,770,000£1,323,412,000
Average employees
Wages

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
Return on capital employed 0.0%
Gearing (liabilities / total assets) 67.5%67.1%

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
Deloitte LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The financial statements have been prepared on the going concern basis, notwithstanding net current liabilities of £2,694,406k. The Company is dependent for its working capital on funds provided to it by BAE Systems plc, the Company's ultimate parent. BAE Systems plc has indicated that, for at least 12 months from the date of approval of these financial statements, it will continue to make available funds as are needed by the Company to meet its liabilities as they fall due and in particular will not seek repayment of amounts currently made available. The directors consider that this should enable the Company to continue in operational existence for the foreseeable future by meeting its liabilities as they fall due for payment.”

Group structure

  1. BAE SYSTEMS ENTERPRISES LIMITED · parent
    1. BAE Systems (Operations) Limited 99% · England and Wales
    2. BAE Systems Integrated Systems Technologies (KSA) Limited 100% · England and Wales
    3. BAE Systems (Kazakhstan) Limited 99% · England and Wales
    4. BAE Systems Deployed Systems Limited 60% · England and Wales
    5. Air Astana JSC 49% · Kazakhstan

Significant events

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

People

3 active · 18 resigned

Name Role Appointed Born Nationality
BAE SYSTEMS CORPORATE SECRETARY LIMITED Corporate Secretary 2025-08-07
CLARKE, Anthony Director 2024-06-01 Jul 1973 British
HINTON, Robert James Director 2024-12-18 Jun 1987 British
Show 18 resigned officers
Name Role Appointed Resigned
GODDEN, David Roy Secretary 1992-12-31
GOODGE, Linda Susan Secretary 1996-02-09 2021-03-24
HOLDING, Ann-Louise Secretary 2021-03-24 2024-12-18
JONES, Stephen Andrew Secretary 1995-08-01 1996-02-09
PARKES, David Stanley Secretary 1992-12-31 1995-08-01
PRIOR, Katherine Alexandra Secretary 2024-12-18 2025-08-07
BLACK, Terence Robert William Director 1999-02-26 2001-05-23
CARROLL, Stuart Paul Director 1997-04-25 1999-02-26
DOUGLAS, Ian Robert Director 1991-09-24
FRASER, John Muir Director 1992-12-31
GILLIBRAND, Sydney Director 1991-12-31
GODDEN, David Roy Director 1992-12-31
HOLDING, Ann-Louise Director 2001-05-23 2024-12-18
HOOKE, Richard Graham Director 1992-09-08
IRVING, Ian William Director 1992-12-31
JONES, Stephen Andrew Director 1994-12-22 1996-02-09
PARKES, David Stanley Director 1992-12-31 2024-05-31
WINDRIDGE, Susan Doreen Director 1992-12-31 1997-04-25

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Bae Systems (Holdings) Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 169 total filings

Date Type Category Description
2025-08-15 AA accounts Accounts with accounts type full
2025-08-07 AP04 officers Appoint corporate secretary company with name date PDF
2025-08-07 TM02 officers Termination secretary company with name termination date PDF
2025-06-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-01-15 CH01 officers Change person director company with change date PDF
2024-12-19 AP03 officers Appoint person secretary company with name date PDF
2024-12-19 AP01 officers Appoint person director company with name date PDF
2024-12-18 TM02 officers Termination secretary company with name termination date PDF
2024-12-18 TM01 officers Termination director company with name termination date PDF
2024-08-09 AA accounts Accounts with accounts type full
2024-06-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-06-05 AP01 officers Appoint person director company with name date PDF
2024-06-05 TM01 officers Termination director company with name termination date PDF
2023-12-14 CH03 officers Change person secretary company with change date PDF
2023-12-12 CH01 officers Change person director company with change date PDF
2023-12-08 CH01 officers Change person director company with change date PDF
2023-12-05 PSC05 persons-with-significant-control Change to a person with significant control PDF
2023-12-04 AD01 address Change registered office address company with date old address new address PDF
2023-08-08 AA accounts Accounts with accounts type full
2023-06-05 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
1

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