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Cash

Latest balance sheet

Net assets

£238M

-7.4% vs 2021

Employees

Average over period

Profit before tax

-£22M

-50.9% vs 2021

Name history

Renamed 1 time since incorporation

  1. HII UNMANNED SYSTEMS, INC 2021-02-04 → present
  2. HYDROID,INC. 2009-12-31 → 2021-02-04

Accounts

2-year trend · latest reflected 2022-12-31

Latest accounts filed cover 2023-12-31; financial figures currently reflect up to 2022-12-31.

Metric Trend 2021-12-312022-12-31
Turnover £70,592,754£76,506,086
Operating profit -£15,324,164-£16,940,215
Profit before tax -£14,853,344-£22,412,226
Net profit -£13,655,352-£19,080,139
Cash
Total assets less current liabilities £340,973,540£341,923,690
Net assets £257,352,890£238,272,700
Equity £257,352,890£238,272,700
Average employees
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 2021-12-312022-12-31
Operating margin -21.7%-22.1%
Net margin -19.3%-24.9%
Return on capital employed -4.5%-5.0%
Gearing (liabilities / total assets) 26.4%33.1%
Current ratio 5.44x3.35x
Interest cover -32.55x

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

Audit opinion
Unaudited (audit-exempt)

Significant events

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

People

3 active · 9 resigned

Name Role Appointed Born Nationality
GREEN III, Edgar Alexander Director 2020-03-26 Nov 1965 American
KING, Tiffany Mcconnell Director 2025-01-01 Jul 1978 American
POWELL, Stephen Director 2025-01-01 Jan 1965 American
Show 9 resigned officers
Name Role Appointed Resigned
MONROE, JR, Charles Ray Secretary 2020-03-26 2024-12-31
BUCHANAN, Richard Director 2009-12-31 2020-08-24
HEALY, Tom Director 2009-12-31 2020-08-24
KLEPAKER, Rolf Arne Director 2009-12-31 2011-11-30
MONROE, JR, Charles Ray Director 2020-03-26 2024-12-31
RYAN, Paul Director 2009-12-31 2020-08-24
TOBIN, Paul Director 2009-12-31 2015-11-13
VON ALT, Christopher Director 2009-12-31 2016-01-01
WYATT, Dale Ricky Director 2020-03-26 2024-12-31

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 43 total filings

Date Type Category Description
2025-11-05 OSCH03 officers Change person director overseas company with change date
2025-11-05 OSCH03 officers Change person director overseas company with change date
2025-11-05 OSCH03 officers Change person director overseas company with change date
2025-11-04 OSCH02 other Change company details overseas company with change details
2025-06-23 OSAP07 officers Appoint person authorised accept overseas company with appointment date
2025-06-23 OSTM02 officers Termination person secretary overseas company with name termination date
2025-03-28 OSTM01 officers Termination person director overseas company with name termination date
2025-03-28 OSTM01 officers Termination person director overseas company with name termination date
2025-03-25 OSAP01 officers Appoint person director overseas company with name appointment date
2025-03-25 OSAP01 officers Appoint person director overseas company with name appointment date
2024-10-07 AA accounts Accounts with accounts type full
2024-10-07 AA accounts Accounts with accounts type full
2024-10-07 AA accounts Accounts with accounts type full
2021-12-21 AA accounts Accounts with accounts type full
2021-12-21 AA accounts Accounts with accounts type full
2021-11-18 OSAP01 officers Appoint person director overseas company with name appointment date
2021-11-18 OSAP01 officers Appoint person director overseas company with name appointment date
2021-11-18 OSAP03 officers Appoint person secretary overseas company with appointment date
2021-11-18 OSAP01 officers Appoint person director overseas company with name appointment date
2021-11-09 OSTM01 officers Termination person director overseas company with name termination date

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
6

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.

Year-on-year

FY2021 → FY2022 · period ending 2022-12-31 vs 2021-12-31

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

Heads up: a more recent set of accounts has been filed but isn't yet reflected here — the figures above are older than the company's latest filing.

Official Companies House page