BABCOCK LAND DEFENCE LIMITED

1. BABCOCK LAND DEFENCE LIMITED 2020-07-16 → present
2. BABCOCK DSG LTD 2015-04-01 → 2020-07-16
3. DSG LAND EQUIPMENT SUPPORT LIMITED 2014-11-26 → 2015-04-01

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 101

Reporting scope

Standalone (parent only)

Auditor

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Following review, the directors have concluded that the Company has adequate resources to continue as a going concern for at least 12 months from the date of signing these financial statements. The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt upon the company's ability to continue as a going concern. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Group structure

1. BABCOCK LAND DEFENCE LIMITED · parent
   1. Peterhouse GmbH 100% · Germany

Significant events

• “Awarded a sole-source five-year extension (DSG 2) worth around £1 billion for maintenance, repair and asset management of British Army vehicles and equipment.”
• “Secured a 15-month contract extension from the UK MOD in January 2025 to support urgent operational requirements for Ukraine's military land assets.”
• “Won a proof-of-concept contract in March 2025 from the UK MOD to enable Ukraine's armed forces to use innovative technology to 3D print military equipment.”
• “Awarded an additional contract in partnership with Supacat to manufacture 53 Jackal 3 'Extenda' variants of the High Mobility Transporter for the British Army.”
• “Defence Training business awarded its first training contracts by NATO, including a five-year contract to support military exercises and a one-year contract for wargaming expertise.”
• “In September 2025 the Company signed a follow-on contract to work in collaboration with Devon-based Supacat, to deliver an order of 53 high mobility transporters from the UK Ministry of Defence. These vehicles are expected to be delivered to the customer in the year ending 31 March 2027.”
• “Over the next 12 to 24 months the fleet size of the Contract Hire contract is expected to reduce to nil as lease agreements end, with significant asset disposals forecast.”
• “The Babcock Group will rationalise legal entities, with contracts from other legal entities within the Land and UK Aviation sector transferring into Babcock Land Defence Limited over the next couple of years.”
• “In October 2024, 100 Ordinary shares of £1 each were issued for an aggregate nominal value of £100. Consideration of £50m was received in relation to the issue of shares.”

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

Filings

4

last 12 months

Capital events

1

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.

• Turnover

  +25.5%

  £296,024,000 → £371,371,000

• Cash

  -81.3%

  £573,000 → £107,000

• Net assets

  +147.7%

  -£50,430,000 → £24,052,000

• Employees

  +13.2%

  2,580 → 2,920

• Operating profit

  +2,368.1%

  £1,382,000 → £34,109,000

• Profit before tax

  +2,122.2%

  £1,536,000 → £34,133,000

• Wages

  +18.1%

  £101,109,000 → £119,366,000

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