AWE PLC
Get an alert when AWE PLC files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2025-03-31
Confirmation statement due
2026-10-31 (in 5mo)
Last made up 2025-10-17
Watchouts
Cash
£143M
+32.8% vs 2024
Net assets
-£98M
+51.3% vs 2024
Employees
—
Average over period
Profit before tax
-£15M
-10.2% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 officer resignations in last 12 months
Multiple officers have left the board recently — see the People section for who.
Name history
Renamed 1 time since incorporation
- AWE PLC 1994-04-01 → present
- ATOMIC WEAPONS ESTABLISHMENT PLC 1992-11-06 → 1994-04-01
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £1,818,236,000 | £2,148,615,000 | |
| Operating profit | -£13,585,000 | -£15,007,000 | |
| Profit before tax | -£13,618,000 | -£15,012,000 | |
| Net profit | -£11,047,000 | -£30,343,000 | |
| Cash | £107,782,000 | £143,099,000 | |
| Total assets less current liabilities | £2,953,000 | £116,497,000 | |
| Net assets | -£201,118,000 | -£97,972,000 | |
| Equity | -£201,118,000 | -£97,972,000 | |
| Average employees | — | — | |
| Wages | £406,877,000 | £488,853,000 |
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | -0.7% | -0.7% | |
| Net margin | -0.6% | -1.4% | |
| Return on capital employed | -460.0% | -12.9% | |
| Gearing (liabilities / total assets) | 158.6% | 126.0% | |
| Current ratio | 1.05x | 1.00x | |
| Interest cover | -411.67x | -17.00x |
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
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- National Audit Office
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors consider that the Company has a secure long-term position on which to base their expectation that the Company will continue as a going concern... The directors have a reasonable expectation that the Company will be able to continue in operational existence for at least the period through to 30 November 2026.”
Group structure
- AWE PLC · parent
- AWE Pension Trustees Limited 100%
Significant events
- “On 12 November 2025 we announced a redundancy programme to change our organisational structure designed to help us meet the demands of the future. This proposed restructure is about building the right structure, skills, and capabilities to deliver on AWE’s mission and meet future challenges.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
12 active · 77 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CARTER, Sarah Marie Louise | Secretary | 2025-04-01 | — | — |
| ARMER, Kirsty Lauren | Director | 2026-01-01 | Jun 1970 | British |
| ELLIOTT, Nicholas Karl | Director | 2024-03-20 | Jul 1965 | British |
| ELSY, Richard Peter | Director | 2021-07-01 | Nov 1959 | British |
| FLINT, Claire Louise | Director | 2021-07-01 | Mar 1964 | British |
| HRUBY, Jill Marie | Director | 2026-01-01 | Mar 1959 | American |
| HUNTER, Barry Robert | Director | 2021-10-11 | Jan 1974 | British |
| KEYS, Richard John | Director | 2021-07-01 | Apr 1951 | British |
| LAIDLAW, William Samuel Hugh | Director | 2025-01-01 | Jan 1956 | British |
| LLOYD, Henry Butler | Director | 2021-06-30 | Feb 1965 | British |
| ROSEWELL, Bridget Clare | Director | 2023-12-13 | Sep 1951 | British |
| WILD, Mark | Director | 2024-09-12 | May 1965 | British |
Show 77 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ASH, Stuart | Secretary | 1993-12-21 | 2000-03-31 |
| COTTLE, Richard John | Secretary | 2009-05-05 | 2016-08-05 |
| DYER, Graham John | Secretary | 2000-03-31 | 2002-09-16 |
| FRANKLIN, Nicholas Curtis | Secretary | 2002-09-30 | 2009-05-05 |
| REES, Gordon Thomas | Secretary | 1992-11-06 | 1993-04-01 |
| SMITH, Jonathan David | Secretary | 2016-12-01 | 2025-03-31 |
| VARY, Stephen Robert | Secretary | 2016-08-05 | 2016-12-01 |
| WILLS, Michael John | Secretary | 1993-03-24 | 1993-12-21 |
| ASH, Stuart | Director | 1993-12-21 | 2000-03-31 |
| ATKINSON, Alison Jane | Director | 2019-07-01 | 2023-04-17 |
| BAXTER, John | Director | 1993-12-21 | 1994-08-04 |
| BEAVEN, Geoffrey Nigel | Director | 1992-11-06 | 1993-04-01 |
| BECKNER, Everet Hess, Dr | Director | 2000-03-31 | 2001-08-31 |
| BERRY, Ian John | Director | 2001-08-29 | 2005-11-07 |
| BILGER, Kevin Michael | Director | 2014-10-13 | 2016-04-15 |
| BOWES, Ian James Robert | Director | 2000-04-06 | 2002-01-31 |
| BOWSHER, Brian Robert, Doctor | Director | 2003-03-21 | 2009-02-27 |
| BRADLEY, Robin Alistair | Director | 1997-01-28 | 2000-03-31 |
| BRANDWOOD, Alan Richard | Director | 2000-04-06 | 2004-04-16 |
| BROWN, Jonathan David | Director | 2003-09-05 | 2007-06-24 |
| BUTLER, Gary John | Director | 2021-01-27 | 2021-06-30 |
| BUTLER, Gary John | Director | 2015-07-16 | 2019-07-01 |
| CARTER, Timothy, Dr | Director | 2014-08-18 | 2015-05-01 |
| CLEGG, Richard, Professor | Director | 2008-09-01 | 2009-08-21 |
| CLULOW, Haydn | Director | 2013-03-01 | 2021-06-29 |
| COOK, Donald Lloyd, Dr | Director | 2006-03-27 | 2009-05-05 |
| COOKE, David John | Director | 2002-04-29 | 2003-09-05 |
| COUCHER, Iain Michael | Director | 2016-04-15 | 2020-05-15 |
| DOWNIE, Ian Wilson | Director | 2010-11-02 | 2011-04-01 |
| DYER, Graham John | Director | 2000-03-31 | 2002-04-29 |
| FILBEE, David Robin, Dr | Director | 2009-08-27 | 2015-05-01 |
| FLETCHER, Robert Andrew | Director | 2009-09-01 | 2015-06-23 |
| FUSSEY, Stephen Fredrick | Director | 2011-09-01 | 2013-03-01 |
| GLASGOW, Andrew John | Director | 1994-06-01 | 1997-01-28 |
| GLUE, David Robert, Dr | Director | 2003-03-01 | 2009-09-04 |
| GLUE, David Robert, Dr | Director | 1992-11-06 | 1993-04-01 |
| GRIEVSON, Thomas Lloyd | Director | 1993-03-24 | 1998-10-02 |
| HAIGHT, William Carey | Director | 2001-08-29 | 2006-12-31 |
| HOMMERT, Paul James, Dr | Director | 2000-04-06 | 2003-03-14 |
| HOWARTH, Paul John Arton, Dr | Director | 2025-08-01 | 2026-02-26 |
| HUTCHINSON, George Malcolm | Director | 2001-08-29 | 2005-08-24 |
| ION, Sue Elizabeth, Dr Dame | Director | 2021-07-01 | 2025-06-05 |
| IRVIN, Robert Anthony Michael, Dr | Director | 2005-11-07 | 2011-05-27 |
| JENKINS, Angela Marie, Dr | Director | 2002-01-14 | 2005-11-11 |
| JUPP, Andrew Paul, Dr | Director | 2005-11-11 | 2014-07-25 |
| KERSHAW, Andrew Richard | Director | 2008-11-24 | 2010-12-31 |
| KETT, Nicole | Director | 2021-06-30 | 2022-06-01 |
| LANDEG, Daryl Kim Kenath, Dr | Director | 2007-08-13 | 2009-08-27 |
| MACHIN, Andrew Clive, Dr | Director | 2000-04-06 | 2002-01-31 |
| MAITLAND, David Russell | Director | 2002-07-08 | 2010-10-01 |
| MANZONI, John Alexander, Sir | Director | 2021-06-30 | 2024-12-31 |
| MARKS, Adrian John | Director | 2000-04-06 | 2001-10-01 |
| MARSH, Maxwell Clive, Dr | Director | 2000-04-06 | 2007-09-30 |
| MARTIN, Shan Elizabeth Hunter | Director | 2011-09-01 | 2015-05-01 |
| MCGILL, Robin William | Director | 2009-05-05 | 2010-12-31 |
| MCKEON, Monte Buck | Director | 2015-05-01 | 2018-06-28 |
| MCNAUGHTON, Andrew James | Director | 2021-07-01 | 2023-12-13 |
| MORTON, Peter George | Director | 2018-01-09 | 2021-09-30 |
| MORTON, Peter George | Director | 2011-10-10 | 2015-05-01 |
| NICHOLSON, Graeme Peter, Dr | Director | 2019-07-01 | 2021-06-29 |
| NICHOLSON, Graeme Peter, Dr | Director | 2009-08-27 | 2015-05-01 |
| RAE, John, Doctor | Director | 2000-03-31 | 2002-03-31 |
| RICHARDS, Brian Henry | Director | 1993-03-29 | 1994-06-01 |
| ROTTLER, Jerry Stephen, Dr | Director | 2021-01-27 | 2025-12-31 |
| SMITH, Jason Stewart | Director | 2002-01-14 | 2009-08-28 |
| STEVENSON, Iain | Director | 2023-06-07 | 2024-07-27 |
| STOUT, James Douglas | Director | 2000-04-06 | 2003-03-01 |
| TAYLOR, Ian | Director | 2011-09-01 | 2013-03-01 |
| TAYLOR, Julie | Director | 2012-04-01 | 2014-10-27 |
| TAYLOR, Paul | Director | 2014-04-30 | 2014-09-19 |
| TAYLOR, Paul David | Director | 2012-05-08 | 2014-01-28 |
| TINSLEY, Richard John | Director | 2009-09-04 | 2012-04-30 |
| TYLER, Ian Paul | Director | 2021-01-27 | 2021-06-29 |
| WHYSALL, Roger James | Director | 1998-10-05 | 2000-03-31 |
| WILLS, Michael John | Director | 1993-03-24 | 1993-12-21 |
| WINTER, Francis Sidney | Director | 2000-04-06 | 2003-09-05 |
| YOUNG, Heather | Director | 2007-06-25 | 2012-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Secretary Of State For Defence Of The United Kingdom Of Great Britain And Northern Ireland | Legal person | Shares 75–100% | 2021-06-30 | Active |
| Awe Management Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2021-06-30 |
Filing timeline
Last 20 of 314 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-27 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-05 | AA | accounts | Accounts with accounts type full | |
| 2026-01-05 | TM01 | officers | Termination director company with name termination date | |
| 2026-01-05 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-05 | AP01 | officers | Appoint person director company with name date | |
| 2025-10-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-09 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-01 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-03-31 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-01-07 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-06 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-30 | AA | accounts | Accounts with accounts type full | |
| 2024-10-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-16 | AP01 | officers | Appoint person director company with name date | |
| 2024-07-31 | TM01 | officers | Termination director company with name termination date | |
| 2024-03-21 | CH01 | officers | Change person director company with change date | |
| 2024-03-21 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-15 | AP01 | officers | Appoint person director company with name date | |
| 2023-12-15 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 3
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+18.2%
£1,818,236,000 £2,148,615,000
-
Cash
+32.8%
£107,782,000 £143,099,000
-
Net assets
+51.3%
-£201,118,000 -£97,972,000
-
Employees
—
Not reported
-
Operating profit
-10.5%
-£13,585,000 -£15,007,000
-
Profit before tax
-10.2%
-£13,618,000 -£15,012,000
-
Wages
+20.1%
£406,877,000 £488,853,000
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