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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-09-18 (in 4mo)

Last made up 2025-09-04

Watchouts

1 item

Cash

Latest balance sheet

Net assets

£118K

-25.8% vs 2023

Employees

0

Average over period

Profit before tax

£118K

-25.8% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Name history

Renamed 1 time since incorporation

  1. INTERNATIONAL MILITARY SALES LIMITED 1991-07-03 → present
  2. INTERCEDE 878 LIMITED 1990-09-04 → 1991-07-03

Accounts

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

Metric Trend 2023-12-312024-12-31
Turnover £151,000£185,000
Operating profit £145,000£125,000
Profit before tax £159,000£118,000
Net profit £159,000£118,000
Cash
Total assets less current liabilities
Net assets £159,000£118,000
Equity £159,000£118,000
Average employees 00
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
Operating margin 96.0%67.6%
Net margin 105.3%63.8%
Gearing (liabilities / total assets) 80.3%89.3%
Current ratio 1.25x1.12x
Interest cover 17.86x

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

“After making due enquiries, the directors have a reasonable expectation that the Company has adequate resources to continue operational existence for at least 12 months from the date of approval of the financial statements. The company has net assets of £118k and the Company will continue to receive royalty income for at least 12 months from the date of approval of the financial statements. For this reason, they continue to adopt the going concern basis in preparing the financial statements.”

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

People

3 active · 29 resigned

Name Role Appointed Born Nationality
BAE SYSTEMS CORPORATE SECRETARY LIMITED Corporate Secretary 2025-07-31
JAMIESON, Scott William Director 2025-12-02 Mar 1975 British
PEAGRAM, Rebecca Margaret Director 2025-12-02 Sep 1969 British
Show 29 resigned officers
Name Role Appointed Resigned
CLARKE, Anthony Secretary 2024-06-01 2025-07-31
FRASER, Alan William Gray Secretary 1996-02-01 1996-10-24
JARMAN, Patrick Edmund Secretary 1998-04-17 1999-10-08
MAXWELL, Ian Henry Secretary 1996-10-24 1998-04-17
PARKES, David Stanley Secretary 1999-10-08 2024-05-31
STARLING, Christopher Secretary 1996-02-01
ALLOTT, David Leonard Director 2008-05-30 2011-09-12
ANDERTON, Ian Director 2013-02-04 2015-04-13
BILLINGHAM, Nigel Anthony Director 2004-07-30 2005-01-04
BLAKEMORE, Charles Anthony Director 2011-09-12 2013-02-04
CLAPHAM, David John Director 2013-02-04 2016-04-01
CLARKE, Michael Andrew Director 2020-10-01 2025-12-02
COLLINS, Adam Robert Director 2017-06-15 2020-08-21
CURTIS, Roger Keith Director 1996-10-24
DAVIES, Andrew Oswell Bede Director 2005-01-04 2008-05-30
FOGG, Stephen Director 2015-04-13 2015-11-10
FRASER, Alan William Gray Director 1996-02-01 2000-03-16
GRANT, Jonathan Paul Director 2003-11-21 2007-11-26
HAINSWORTH, Keith Alan Director 2002-08-05 2003-11-21
IERLAND, Brian William Director 2007-11-26 2011-08-08
MAXWELL, Ian Henry Director 1996-10-24 1998-04-17
MILLER, Matthew Stephen Director 2016-02-24 2017-06-15
MILLS, Shaun Michael Director 2000-03-16 2003-01-31
OSBALDESTIN, Jennifer Blair Director 2015-11-10 2020-04-06
PLANT, Glynn Edward Patrick Director 2020-04-06 2025-12-02
RICHARDSON, Clive Robert Director 2000-03-16 2004-07-30
SMITH, Robert David Director 1993-06-17 2000-03-16
SPARKES, Christopher Neil James Director 2011-08-08 2013-02-04
STARLING, Christopher Director 1996-02-01

Ownership

Persons with significant control

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

Filing timeline

Last 20 of 160 total filings

Date Type Category Description
2025-12-04 TM01 officers Termination director company with name termination date PDF
2025-12-04 TM01 officers Termination director company with name termination date PDF
2025-12-04 AP01 officers Appoint person director company with name date PDF
2025-12-04 AP01 officers Appoint person director company with name date PDF
2025-09-04 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-08-08 AA accounts Accounts with accounts type full
2025-08-05 AP04 officers Appoint corporate secretary company with name date PDF
2025-08-05 TM02 officers Termination secretary company with name termination date PDF
2024-09-04 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-08-09 AA accounts Accounts with accounts type full
2024-06-05 AP03 officers Appoint person secretary company with name date PDF
2024-06-05 TM02 officers Termination secretary company with name termination date PDF
2023-12-12 CH01 officers Change person director company with change date PDF
2023-12-12 CH01 officers Change person director company with change date PDF
2023-12-11 CH03 officers Change person secretary 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
2023-09-04 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-08-09 AA accounts Accounts with accounts type full
2022-09-02 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
8

last 12 months

Capital events
0

last 24 months

Officers appointed
3

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.

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