ARQIT LIMITED
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Next accounts due
2027-06-30 (in 1y)
Last filed for 2025-09-30
Confirmation statement due
2027-01-16 (in 8mo)
Last made up 2026-01-02
Watchouts
None on the register
Cash
£2M
+141.4% vs 2024
Net assets
-£120M
-15.7% vs 2024
Employees
74
-36.8% vs 2024
Profit before tax
-£18M
-36.2% vs 2024
Net assets
2-year trend · vs Technology median
Accounts
2-year trend · latest reflected 2025-09-30
| Metric | Trend | 2024-09-30 | 2025-09-30 |
|---|---|---|---|
| Turnover | £231,294 | £331,664 | |
| Operating profit | -£13,212,873 | -£18,392,328 | |
| Profit before tax | -£13,327,315 | -£18,146,857 | |
| Net profit | -£37,655,336 | -£16,328,298 | |
| Cash | £906,108 | £2,187,146 | |
| Total assets less current liabilities | -£104,143,027 | -£120,467,046 | |
| Net assets | -£104,174,999 | -£120,483,892 | |
| Equity | -£104,174,999 | -£120,483,892 | |
| Average employees | 117 | 74 | |
| Wages | £11,894,391 | £8,175,068 | |
| Directors' remuneration | £958,960 | £334,367 |
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
Year-on-year
FY2024 → FY2025 · period ending 2025-09-30 vs 2024-09-30
-
Turnover
+43.4%
£231,294 £331,664
-
Cash
+141.4%
£906,108 £2,187,146
-
Net assets
-15.7%
-£104,174,999 -£120,483,892
-
Employees
-36.8%
117 74
-
Operating profit
-39.2%
-£13,212,873 -£18,392,328
-
Profit before tax
-36.2%
-£13,327,315 -£18,146,857
-
Wages
-31.3%
£11,894,391 £8,175,068
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-09-30 | 2025-09-30 |
|---|---|---|---|
| Operating margin | -5712.6% | -5545.5% | |
| Net margin | -16280.3% | -4923.1% | |
| Return on capital employed | 12.7% | 15.3% | |
| Gearing (liabilities / total assets) | 1773.4% | 2424.2% | |
| Current ratio | 0.04x | 0.03x | |
| Interest cover | -99.31x | -4404.29x |
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 1 time since incorporation
- ARQIT LIMITED 2017-10-04 → present
- OMEGA QKD LIMITED 2017-01-03 → 2017-10-04
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- Andrew Simpson
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The director believes that it is appropriate to prepare the financial statements on a going concern basis. 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
- ARQIT LIMITED · parent
- Arqit Inc. 100%
- Arqit LLC 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WILLCOCKS, Patrick | Secretary | 2020-11-12 | — | — |
| POINTON, Nicholas Matthew | Director | 2021-03-18 | Apr 1970 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARKER, Trevor Anthony | Director | 2017-01-03 | 2018-08-24 |
| BESTWICK, David James | Director | 2018-08-24 | 2024-09-27 |
| CHANDLER, Stephen Charles | Director | 2019-06-21 | 2021-09-03 |
| ELGAMAL, Taher | Director | 2021-03-18 | 2021-09-03 |
| HALL, Adam Keith | Director | 2019-06-21 | 2021-03-18 |
| WILLIAMS, David John | Director | 2017-10-04 | 2024-09-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Arqit Quantum Inc. | Corporate entity | Shares 75–100% | 2021-09-03 | Active |
| Mr David John Williams | Individual | Shares 25–50%, Voting 25–50% | 2018-03-20 | Ceased 2021-09-03 |
| Mr David James Bestwick | Individual | Shares 25–50%, Voting 25–50% | 2018-03-20 | Ceased 2021-09-03 |
Filing timeline
Last 20 of 60 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-26 | AA | accounts | Accounts with accounts type full | |
| 2026-01-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-02-17 | AA | accounts | Accounts with accounts type full | |
| 2025-02-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-13 | AA | accounts | Accounts with accounts type full | |
| 2024-10-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-08 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-01-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-11 | AA | accounts | Accounts with accounts type full | |
| 2023-01-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-11 | AA | accounts | Accounts with accounts type small | |
| 2022-02-23 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-02-03 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-01-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-01-10 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-01-10 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2021-09-23 | TM01 | officers | Termination director company with name termination date | |
| 2021-09-23 | TM01 | officers | Termination director company with name termination date | |
| 2021-07-01 | AA | accounts | Accounts with accounts type small |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.