RHEINMETALL BAE SYSTEMS LAND LIMITED
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Cash
£5k
-92.2% vs 2024
Net assets
£38m
+21.8% highest in 3 filed years
Employees
746
+3.3% highest in 3 filed years
Profit before tax
£8.9m
+397.3% highest in 3 filed years
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.
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £155,202,000 | £216,521,000 | £281,238,000 | +29.9% | |
| Operating profit | £6,516,000 | £2,497,000 | £10,889,000 | +336.1% | |
| Profit before tax | £7,198,000 | £1,794,000 | £8,921,000 | +397.3% | |
| Net profit | £5,593,000 | £1,156,000 | £6,850,000 | +492.6% | |
| Cash | £1,000 | £64,000 | £5,000 | -92.2% | |
| Total assets less current liabilities | £45,432,000 | £45,403,000 | £55,462,000 | +22.2% | |
| Net assets | £30,300,000 | £31,456,000 | £38,306,000 | +21.8% | |
| Equity | £30,300,000 | £31,456,000 | £38,306,000 | +21.8% | |
| Average employees | 709 | 722 | 746 | +3.3% | |
| Wages | £36,580,000 | £39,667,000 | £40,180,000 | +1.3% | |
| Directors' remuneration | £458,000 | £595,000 | £426,000 | -28.4% | |
| Directors' pension contributions | £62,000 | £109,000 | £36,000 | -67% | |
| Highest paid director | £282,000 | £290,000 | £241,000 | -16.9% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 4.2% | 1.2% | 3.9% | |
| Net margin | 3.6% | 0.5% | 2.4% | |
| Return on capital employed | 14.3% | 5.5% | 19.6% | |
| Gearing (liabilities / total assets) | 77.8% | 82.4% | 84.7% | |
| Current ratio | 0.68x | 0.76x | 0.90x | |
| Interest cover | 8.79x | 2.20x | 5.29x |
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.
Name history
Renamed 8 times since incorporation
- RHEINMETALL BAE SYSTEMS LAND LIMITED 2019-07-18 → present
- BAE SYSTEMS GLOBAL COMBAT SYSTEMS LIMITED 2010-06-01 → 2019-07-18
- BAE SYSTEMS LAND SYSTEMS (WEAPONS & VEHICLES) LIMITED 2005-01-05 → 2010-06-01
- ALVIS VICKERS LIMITED 2002-10-08 → 2005-01-05
- ALVIS VICKERS LTD. 2002-10-01 → 2002-10-08
- ALVIS VEHICLES LTD. 1998-10-30 → 2002-10-01
- ALVIS INDUSTRIES LIMITED 1992-03-23 → 1998-10-30
- ALVIS LIMITED 1976-12-31 → 1992-03-23
- WEST YORKSHIRE FOUNDRIES LIMITED 1946-07-12 → 1976-12-31
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“the directors have a reasonable expectation that the Company has access to adequate resources to continue in existence for at least 12 months from the date of approval of the financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 52 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PERRY, Laura May | Director | 2025-12-01 | Dec 1986 | British |
| PLANT, Glynn Edward Patrick | Director | 2023-05-30 | Sep 1972 | British |
| RICHARDS, Rebecca Louise | Director | 2025-12-01 | Nov 1978 | British |
| STEWART, Nigel John | Director | 2020-07-01 | Oct 1964 | British |
| WINKLER, Tim Oliver | Director | 2024-01-02 | Oct 1976 | German |
Show 52 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ABEL, Geoffrey Charles | Secretary | — | 1992-06-08 |
| EARDLEY, Barry Eric | Secretary | 1994-10-03 | 2003-02-26 |
| JARMAN, Patrick Edmund | Secretary | 2003-02-26 | 2005-02-04 |
| MATTHEWS, John Michael | Secretary | 1992-06-08 | 1993-10-08 |
| PARKES, David Stanley | Secretary | 2005-02-04 | 2019-07-01 |
| PEARSON, Anthony Ralph | Secretary | 1994-04-08 | 1994-10-03 |
| ABUNASSAR, John Joseph | Director | 2019-12-01 | 2025-11-30 |
| ALLOTT, David Leonard | Director | 2008-05-30 | 2011-09-12 |
| BLAKEMORE, Charles Anthony | Director | 2011-09-12 | 2013-02-04 |
| BLUE, James Milton | Director | 2018-01-25 | 2018-10-15 |
| BOND, David Alan | Director | 2013-02-04 | 2015-08-10 |
| BRITTAIN, David Briggs | Director | — | 1997-02-21 |
| CLAYTON, Ian Duncan | Director | 1997-06-09 | 1998-11-02 |
| COLLINS, Adam Robert | Director | 2017-06-15 | 2019-07-01 |
| COOPER, Michael Irvin | Director | 1992-06-08 | 1998-11-02 |
| DAVIES, Andrew Oswell Bede | Director | 2005-02-04 | 2008-05-30 |
| EARDLEY, Barry Eric | Director | 1993-09-24 | 2005-08-04 |
| EARDLEY, Barry Eric | Director | — | 1992-06-08 |
| EDWARDS, Gareth Jeffrey | Director | 2019-07-01 | 2023-03-31 |
| GIBBY, William Dafydd Llwyd | Director | 2024-04-08 | 2025-11-30 |
| GORISSEN, Frank Wilfried | Director | 2020-08-27 | 2021-05-24 |
| GRANT, Jonathan Paul | Director | 2005-02-04 | 2007-11-26 |
| GREENSLADE, Martin Frederick | Director | 2000-04-01 | 2005-02-04 |
| HARDING, Steven | Director | 2023-11-01 | 2025-11-01 |
| HARDISTY, Peter Jonathan | Director | 2019-07-01 | 2020-10-22 |
| HARRISON, Trevor | Director | 2002-09-09 | 2005-09-30 |
| HOOPER, Carrie Jean | Director | 2019-07-01 | 2022-01-28 |
| HUDSON, Benjamin James | Director | 2019-07-01 | 2019-11-29 |
| HUGHES, Christopher Glyn Sheridan | Director | 2013-07-04 | 2015-06-22 |
| IERLAND, Brian William | Director | 2007-11-26 | 2011-08-08 |
| IVES, Stefan | Director | 2021-05-11 | 2024-01-02 |
| JARMAN, Patrick Edmund | Director | 1999-09-13 | 2005-02-04 |
| JONES, Ronald | Director | 1997-01-27 | 1998-05-29 |
| KARA, Michael Andrzei, Dr. | Director | 2019-07-01 | 2020-07-27 |
| MARINUCCI, John | Director | 2013-07-04 | 2015-04-03 |
| MCCLEAN, Colin Thomas | Director | 2022-07-01 | 2024-04-08 |
| MCDONELL, James | Director | — | 1992-06-08 |
| MCGOVERN, Michael Hugh | Director | 2022-02-07 | 2023-10-02 |
| MILLER, Matthew Stephen | Director | 2013-07-04 | 2017-06-15 |
| MITCHELL, Stuart Roger | Director | 1996-03-15 | 2000-03-31 |
| NOEDING, Marco, Dr | Director | 2020-10-22 | 2022-06-30 |
| OSBALDESTIN, Jennifer Blair | Director | 2015-08-10 | 2020-06-29 |
| PEARSON, Anthony Ralph | Director | 1992-06-08 | 1999-10-13 |
| PREST, Nicholas Martin | Director | — | 2004-09-27 |
| ROWE, Christopher Gordon | Director | 1996-06-10 | 2002-11-30 |
| SENFTLE, Joseph Thomas | Director | 2015-06-22 | 2019-06-13 |
| SMITH, Stephen James | Director | — | 1992-08-14 |
| SPARKES, Christopher Neil James | Director | 2011-08-08 | 2013-07-04 |
| WEBSTER, Donald James | Director | — | 1993-11-01 |
| WHITE, Brian Noble | Director | — | 1993-07-31 |
| WILKINS, Stuart James | Director | 1995-03-09 | 1997-09-26 |
| WINCH, Brian Clappison | Director | 1993-10-21 | 1995-11-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Rheinmetall Defence Uk Limited | Corporate entity | Shares 50–75%, Voting 50–75% | 2019-07-01 | Active |
| Bae Systems Land Systems (Finance) Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 326 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-21 | AA | accounts | Accounts with accounts type full | |
| 2026-09-18 | CH01 | officers | Change person director company with change date | |
| 2026-06-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-06-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-14 | CH01 | officers | Change person director company with change date | |
| 2026-01-04 | AA | accounts | Accounts with accounts type full | |
| 2025-12-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-04 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-29 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-10-11 | AA | accounts | Accounts with accounts type full | |
| 2024-05-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-09 | AP01 | officers | Appoint person director company with name date | |
| 2024-04-09 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-22 | CH01 | officers | Change person director company with change date | |
| 2024-01-22 | CH01 | officers | Change person director company with change date | |
| 2024-01-15 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 11
- 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.