BMT LIMITED

1. BMT LIMITED 2022-10-27 → present
2. BMT DEFENCE AND SECURITY UK LIMITED 2018-03-27 → 2022-10-27
3. BMT DEFENCE SERVICES LIMITED 1988-12-08 → 2018-03-27

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 102

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the Directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “The July 2024 UK general election took place just before the start of the financial year, which led to delays in significant procurement decisions and contract awards, most notably affecting our defence business, as the new UK Government slowed or stopped consulting and external assistance spend whilst they conducted spending and strategic reviews, made more complex by the rapidly changing geopolitical and economic environment.”
• “Although the Government's Strategic Defence Review was published in June 2025, the Defence Investment Plan, which will outline how resources are allocated, was delayed until 2026. However, we continued to deliver critical engineering support to our UK armed forces, predominantly through the Engineering Delivery Partner (EDP) framework agreement and also through the Fleet Solid Support (FSS) programme with Navantia, where we achieved completion of the Critical Design Review (CDR) just after the end of the financial year, representing a significant milestone in the ship's lifecycle. This was despite the disruption caused by the Harland and Wolff shipbuilder going into administration.”

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

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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.

• Turnover

  -8.7%

  £128,432,000 → £117,222,000

• Cash

  -38%

  £35,982,000 → £22,299,000

• Net assets

  -2.7%

  £27,342,000 → £26,597,000

• Employees

  -3.2%

  747 → 723

• Operating profit

  -38.6%

  £23,809,000 → £14,611,000

• Profit before tax

  -35%

  £19,243,000 → £12,516,000

• Wages

  +1%

  £41,708,000 → £42,134,000

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