RAPISCAN SYSTEMS LIMITED

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +36.2%

  £271,048,815 → £369,079,764

• Cash

  -24.6%

  £20,050,000 → £15,116,000

• Net assets

  +23.2%

  £274,798,000 → £338,524,000

  highest in 4 filed years

• Employees

  +3.4%

  477 → 493

  highest in 4 filed years

• Operating profit

  +92.1%

  £31,033,864 → £59,623,234

• Profit before tax

  +340.8%

  £17,545,000 → £77,332,000

  highest in 4 filed years

• Wages

  +11.1%

  £36,006,000 → £40,007,000

  highest in 4 filed years

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

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.

1. RAPISCAN SYSTEMS LIMITED 2005-03-01 → present
2. RAPISCAN SECURITY PRODUCTS LIMITED 1992-12-15 → 2005-03-01
3. RIBBLEVALE LIMITED 1992-10-13 → 1992-12-15

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Mercer & Hole LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. RAPISCAN SYSTEMS LIMITED · parent
   1. ES Rapiscan Systems Turkmen 90% · Turkmenistan
   2. Quadratica (UK) Limited 100% · England
   3. Chassis Engineering Limited 100% · England

Significant events

• “On 8 April 2025, the company acquired a 100% shareholding in Chassis Engineering Limited.”
• “At 29 June 2025 the company had a contingent liability in respect of outstanding performance bonds with a value of $57,051k (2024: $42,497k).”
• “The company operates in the growing market of security screening, with the increased alertness towards terrorist threats and border protection.”
• “The company has operations and customers in the Middle East, a region which has experienced heightened geopolitical instability since the year-end. Ongoing conflict and wider regional tensions have the potential to create uncertainty for the Company's business, including disruption to customer activity, supply chains, logistics, project delivery timelines and foreign exchange markets.”

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

Filings

2

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.