BAE SYSTEMS MARINE LIMITED - Profile & Financials

Accounts Submitted 1 Oct 2025

Confirmation Statement Submitted 4 Sept 2025

Net assets £788.51M £24.05M 2023 year on year

Total assets £2860.86M £181.47M 2023 year on year

Total Liabilities £2072.34M £205.51M 2023 year on year

Charges None No charges registered

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Contact & Details

Contact

Update Details

Registered Address

Victory Point Lyon Way, Frimley Camberley Surrey GU16 7EX England

Office (London)

110 Southwark St, London SE1 0SU

Telephone

+17206969830

es.flcommunications@baesystems.com

Website

baesystems.com

Credit Report

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Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2023

Type Total Exemption Full

Next accounts 31 December 2024

Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2014–2023)

Cash in Bank

N/A

Net Assets

£788.51M

Decreased by £24.05M (-3%)

Total Liabilities

£2072.34M

Increased by £205.51M (+11%)

Turnover

£2560.77M

Increased by £631.36M (+33%)

Employees

10814

Increased by 1128 (+12%)

Debt Ratio

72%

Increased by 2 (+3%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2023 Dec Year End	2022 Dec 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

3 active 36 resigned

Show resigned officers

						Status
Bae Systems Corporate Secretary Limited	Corporate-secretary	United Kingdom	Unknown	—	23 Sept 2025	Active
Gavin Scott	Director	British	United Kingdom	57	1 Mar 2021	Active
Stephen Edward Timms	Director	British	United Kingdom	60	1 Mar 2021	Active

Shareholders

Shareholders (1)


Bae Systems Marine (holdings) Limited	100.0%	136,764,000	Issued	4 Sept 2015

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Bae Systems Marine (holdings) Limited

United Kingdom

Active

Notified 6 Apr 2016

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

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Group Structure

BAE SYSTEMS MARINE (HOLDINGS) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

MESLINK LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

MES INTERCO united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent

BAE SYSTEMS (HOLDINGS) LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

BAE SYSTEMS PLC united kingdom

BAE SYSTEMS MARINE LIMITED Current Company

FBV DESIGNS LIMITED united kingdom shares 25 to 50 percent, voting rights 25 to 50 percent

Charges

No charges registered

Documents

Company Filings

Date	Category	Description	Document
1 Oct 2025	Accounts	Annual accounts made up to 2024-12-31	View(63 pages)
25 Sept 2025	Officers	Termination of Anthony Clarke as director on 2025-09-23	View(1 page)
25 Sept 2025	Officers	Appointment of Bae Systems Corporate Secretary Limited as director on 2025-09-23	View(2 pages)
4 Sept 2025	Confirmation Statement	Confirmation statement made on 2025-09-04 with no updates	View(3 pages)
4 Sept 2024	Confirmation Statement	Confirmation statement made on 2024-09-04 with no updates	View(3 pages)