LOCKHEED MARTIN UK LIMITED

1. LOCKHEED MARTIN UK LIMITED 2002-11-01 → present
2. LOCKHEED MARTIN UK INTEGRATED SYSTEMS LIMITED 2000-07-17 → 2002-11-01
3. LOCKHEED MARTIN UK GOVERNMENT SYSTEMS LIMITED 1999-07-20 → 2000-07-17
4. LOCKHEED MARTIN TACTICAL SYSTEMS UK LIMITED 1996-05-03 → 1999-07-20
5. LORAL EUROPE LIMITED 1989-07-18 → 1996-05-03
6. CLOSERAY LIMITED 1989-04-17 → 1989-07-18

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

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors, having assessed the company's financial position, have no reason to believe that a material uncertainty exists that casts significant doubt over the company's ability to continue as a going concern or jeopardise its ability to continue within the current banking arrangements. The company participates in the wider Lockheed Martin group's centralised treasury and shared banking arrangements with its fellow subsidiaries. As a result, the directors have received written confirmation of financial support from the ultimate parent undertaking, Lockheed Martin Corporation, covering the period to 30 September 2026. After having made the necessary enquiries to assess the Parent's ability to support including an understanding of the forecasts, cash position and debt commitments of the Group, the directors are satisfied that they are able to provide financial support should the Company require it. Therefore, they continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. LOCKHEED MARTIN UK LIMITED · parent
   1. Advanced Jet Training Limited 0.5%

Significant events

• “a major new programme commencing in the year”
• “During the year the company made various charitable contributions totalling £160,569 (2023 - £107,800).”
• “On 2nd December 2024 Lockheed Martin UK Limited received a notice of termination effective 4th January 2025 that one of Lockheed Martin UK Limited's contracts was being terminated by its customer”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  +31.8%

  £249,484,000 → £328,866,000

• Cash

  +2.6%

  £117,154,000 → £120,169,000

• Net assets

  +50%

  £37,212,000 → £55,805,000

• Employees

  +0.5%

  924 → 929

• Operating profit

  -52.1%

  £60,036,000 → £28,758,000

• Profit before tax

  -49%

  £65,282,000 → £33,270,000

• Wages

  +2.5%

  £69,808,000 → £71,587,000

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