QINETIQ TARGET SYSTEMS LIMITED

Active Farnborough

Manufacture of air and spacecraft and related machinery

186 employees website.com
Safety and security Manufacture of air and spacecraft and related machinery
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QINETIQ TARGET SYSTEMS LIMITED

Manufacture of air and spacecraft and related machinery

Founded 15 Jan 1985 Active Farnborough, England 186 employees website.com
Safety and security Manufacture of air and spacecraft and related machinery

Previous Company Names

MEGGITT DEFENCE SYSTEMS LIMITED 26 Mar 1998 — 23 Dec 2016
TARGET TECHNOLOGY LIMITED 16 Jun 1986 — 26 Mar 1998
TARGET TECHNOLOGY (1985) LIMITED 15 Jan 1985 — 16 Jun 1986
Accounts Submitted 19 Sept 2025 Next due 31 Dec 2026 7 months remaining
Confirmation Submitted 28 Oct 2025 Next due 11 Nov 2026 5 months remaining
Net assets £51M £16M 2024 year on year
Total assets £65M £18M 2024 year on year
Total Liabilities £14M £2M 2024 year on year
Charges 3
3 satisfied

Contact & Details

Contact

Registered Address

Cody Technology Park Ively Road Farnborough GU14 0LX England

Telephone

0800 000 0000

Email

info@example.com

Website

www.example.com

Full company profile for QINETIQ TARGET SYSTEMS LIMITED (01877695), an active safety and security company based in Farnborough, England. Incorporated 15 Jan 1985. Manufacture of air and spacecraft and related machinery. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Apr → 31 Mar 2025
Type full
Next accounts 31 Mar 2026
Due by 31 Dec 2026 7 months remaining

Balance Sheet & P&L (2013–2024)

Cash in Bank

£14.26M

Increased by £8.51M (+148%)

Net Assets

£50.64M

Increased by £16.11M (+47%)

Total Liabilities

£14.16M

Increased by £1.61M (+13%)

Turnover

£49.05M

Increased by £8.78M (+22%)

Employees

186

Increased by 33 (+22%)

Debt Ratio

22%

Decreased by 5 (-19%)

Financial History

Revenue, profit, EBITDA and key financial figures

2025
31 Mar Year End
2023
31 Mar Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

Officers

0 active 3 resigned
Status

No officers found

No officers found

Shareholders

Shareholders (1)

Qinetiq Holdings Limited
100.0%

Persons with Significant Control

Persons with Significant Control (1)

1 Active 1 Ceased
Active
Notified 21 Dec 2016
Nature of Control
  • Ownership Of Shares 75 To 100 Percent,voting Rights 75 To 100 Percent,right To Appoint And Remove Directors

Meggitt Properties Plc

Ceased 21 Dec 2016

Ceased

Group Structure

Group Structure

QINETIQ GROUP PLC united kingdom
QINETIQ TARGET SYSTEMS LIMITED Current Company

Charges

Charges

3 satisfied

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
16 Feb 2026OfficersAppointment of John Edward Parkinson as director on 12 Feb 2026
12 Feb 2026OfficersTermination of John Edward Tobias Clark as director on 29 Jan 2026
28 Oct 2025Confirmation StatementConfirmation statement made on 28 Oct 2025 with no updates
19 Sept 2025AccountsAnnual accounts made up to 31 Mar 2025
15 Sept 2025OfficersChange to director Mr Simon Galt on 8 Sept 2025
16 Feb 2026 Officers

Appointment of John Edward Parkinson as director on 12 Feb 2026

12 Feb 2026 Officers

Termination of John Edward Tobias Clark as director on 29 Jan 2026

28 Oct 2025 Confirmation Statement

Confirmation statement made on 28 Oct 2025 with no updates

19 Sept 2025 Accounts

Annual accounts made up to 31 Mar 2025

15 Sept 2025 Officers

Change to director Mr Simon Galt on 8 Sept 2025

Recent Activity

Latest Activity

Appointment of John Edward Parkinson as director on 12 Feb 2026

3 months ago on 16 Feb 2026

Termination of John Edward Tobias Clark as director on 29 Jan 2026

3 months ago on 12 Feb 2026

Confirmation statement made on 28 Oct 2025 with no updates

7 months ago on 28 Oct 2025

Annual accounts made up to 31 Mar 2025

8 months ago on 19 Sept 2025

Change to director Mr Simon Galt on 8 Sept 2025

8 months ago on 15 Sept 2025