LEONARDO UK LTD

1 EAGLE PLACE, ST JAMES'S, LONDON, SW1Y 6AF

Previous name: LEONARDO MW LTD (changed on 31-Mar-2021)
Previous name: SELEX ES LTD (changed on 09-Sep-2016)
Previous name: SELEX GALILEO LTD (changed on 02-Jan-2013)

Company Number: 02426132
Incorporation date: 25-Sep-1989
Status: Active
Entity type: Private Limited Company

SIC codes:
26309 Manufacture of communication equipment other than telegraph, and telephone apparatus and equipment
26511 Manufacture of electronic measuring, testing etc. equipment, not for industrial process control
30300 Manufacture of air and spacecraft and related machinery
33160 Repair and maintenance of aircraft and spacecraft


SUMMARY

This company is 34.6 years old and is currently active. It is controlled by Leonardo S.P.A.. The company has positive equity (net assets) of GBP 4.9 billion which has increased from GBP 1.7 billion in the previous year. The latest reported revenue figure is GBP 2.1 billion which is similar to the previous year's figure of GBP 2.1 billion. The company has 7 active officers (directors or partners) who are or were officers of 4 other companies. The company has no public disputes filed on the Business Disputes Register. There is one court case involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2019 GBP 2,139,436,000 281,234,000 45,777,000 29,350,000 43,837,000 223,842,000
31-Dec-2018 GBP 2,058,763,000 222,353,000 22,497,000 16,497,000 38,470,000 217,252,000
31-Dec-2017 GBP 1,822,492,000 152,190,000 13,863,000 24,863,000 23,345,000 121,983,000
31-Dec-2016 GBP 990,218,000 23,365,000 11,840,000 3,041,000 18,137,000 81,042,000
31-Dec-2015 GBP 1,020,189,000 95,037,000 10,769,000 2,971,000 15,213,000 87,622,000
31-Dec-2014 GBP 1,108,806,000 66,530,000 6,013,000 1,383,000 14,501,000 56,659,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 GBP 22,293,000 -319,438,000 181,024,000 314,500,000 845,500,000 705,864,000 4,876,236,000
31-Dec-2018 GBP 32,829,000 1,721,053,000 103,731,000 314,500,000 845,500,000 520,629,000 1,680,784,000
31-Dec-2017 GBP 15,566,000 1,835,161,000 163,541,000 314,500,000 845,500,000 494,751,000 1,670,075,000
31-Dec-2016 GBP 25,833,000 455,292,000 537,949,000 114,712,000 270,000,000 455,993,000 717,335,000
31-Dec-2015 GBP 16,294,000 558,182,000 584,879,000 176,764,000 270,000,000 521,371,000 787,722,000
31-Dec-2014 GBP 30,043,000 575,030,000 628,220,000 177,142,000 270,000,000 462,431,000 727,724,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2017 GBP 14.15% 890,000,000 5,400,000,000 6,290,000,000 5,963,427,000
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Lorenzo BERTOLA 08 Jun 2023 24 Apr 2024 1 - 0
Resigned Kevin Geoffrey THOMSIT 16 Feb 2017 16 May 2023 0 - 1
Resigned Federico BONAIUTO 25 Feb 2013 16 Feb 2017 Italian 0 - 1
Resigned Patrizia ACCIARI 22 Feb 2008 25 Feb 2013 0 - 1
Resigned Catherine Amanda JONES 29 Apr 2005 22 Feb 2008 Solicitor British 2 - 15
Resigned David Stanley PARKES 11 Aug 2000 29 Apr 2005 British 78 - 339
Resigned Eric Albert PEACHEY 02 Mar 1990 11 Aug 2000 Chartered Secretary British 0 - 138
Resigned Eric Albert PEACHEY 11 Aug 2000 0 - 138

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Marco DE FAZIO 14 Jul 2023 Director Italian 1 - 00 (0.0%)
Active Federico BONAIUTO 14 Jul 2023 Director Italian 1 - 00 (0.0%)
Active Mark Wayne HAMILTON 01 Jan 2023 Director British 1 - 00 (0.0%)
Active Adam Oliver CLARKE 27 Jul 2022 Director British 1 - 00 (0.0%)
Active Clive James HIGGINS 23 Jul 2021 Director British 4 - 00 (0.0%)
Active Wendy ALLEN 24 Feb 2021 Director British 1 - 10 (0.0%)
Resigned Pasquale DI BARTOLOMEO, 24 Feb 2021 06 Jul 2023 Director Italian 0 - 10 (0.0%)
Resigned Nicholas Charles WHITNEY 22 Apr 2020 30 May 2022 Director British 0 - 10 (0.0%)
Resigned Craig PORTER 20 Feb 2018 23 Jul 2021 Finance Director British 1 - 90 (0.0%)
Resigned Simonetta IARLORI 24 Oct 2017 24 Feb 2021 Chief People, Organisation And Transformation Offi Italian 0 - 10 (0.0%)
Active Gian Piero CUTILLO 20 Jul 2017 Director Italian 1 - 00 (0.0%)
Resigned John Maurice Maynard PONSONBY 01 Jan 2017 10 Jan 2018 Director British 0 - 183 (16.7%)
Resigned Andrew John COWDERY 01 Jan 2017 09 Jan 2019 Director British 1 - 10 (0.0%)
Resigned Andrea PARRELLA 01 Jan 2017 23 Jun 2023 Group General Counsel Italian 0 - 10 (0.0%)
Resigned Daniele ROMITI 01 Jan 2017 23 Oct 2017 Director Italian 0 - 10 (0.0%)
Resigned Geoffrey Frank MUNDAY 18 Apr 2013 30 Apr 2020 Director British 0 - 169 (56.3%)
Resigned Allan Edward COOK 02 Feb 2011 31 Dec 2014 Director And Chairman British 0 - 10 (0.0%)
Resigned Remo Giuseppe PERTICA 02 Feb 2011 31 Jul 2014 Director Italian 0 - 10 (0.0%)
Resigned Norman James BONE 01 Jan 2011 31 Dec 2022 Managing Director British 2 - 20 (0.0%)
Resigned Norman James BONE 01 Jan 2011 31 Dec 2022 Managing Director British 0 - 20 (0.0%)
Resigned Fabrizio GIULIANINI 01 Jan 2010 01 Jun 2017 Chief Executive Officer & Vice Chairman Italian 0 - 10 (0.0%)
Resigned Remo Giuseppe PERTICA 01 Jan 2008 01 Jan 2011 Director Italian 0 - 10 (0.0%)
Resigned Kevin Reginald TEBBIT 01 Jan 2008 15 Mar 2013 Chairman British 0 - 20 (0.0%)
Resigned Steven Lewis MOGFORD 01 Jan 2008 01 Jan 2011 Chief Executive British 0 - 203 (15.0%)
Resigned Geoffrey Frank MUNDAY 18 Oct 2004 01 Jan 2008 Financial Director British 0 - 169 (56.3%)
Resigned Terence George Thomas WEST 30 Apr 2003 31 Dec 2007 Group Financial Controller British 0 - 1411 (78.6%)
Resigned Nicholas Ellis FRANKS 04 Apr 2002 31 Dec 2007 Managing Director British 1 - 2518 (69.2%)
Resigned Christopher Vincent GEOGHEGAN 01 Jul 2000 04 Apr 2002 Company Director British 0 - 3111 (35.5%)
Resigned Allan Edward COOK 01 Apr 1998 30 Jun 2000 Managing Director British 0 - 2513 (52.0%)
Resigned David Michael FROST 19 Aug 1996 30 Apr 2003 Financial Director British 2 - 1714 (73.7%)
Resigned Saul Hyam Bertram, Dr LANYADO 08 Aug 1996 01 Apr 1998 Managing Director British 1 - 125 (38.5%)
Resigned Ronald DUNN 31 Oct 1993 Managing Director British 0 - 107 (70.0%)
Resigned Ian Graham, Mr. KING 30 Sep 1996 Financial Director British 0 - 6031 (51.7%)
Resigned Ian Grant, Dr MACBEAN 30 Sep 1996 Chairman British 0 - 73 (42.9%)
Resigned David John, Dr FLETCHER 28 Jul 1993 Managing Director British 0 - 228 (36.4%)
Number of active directors: 7
Average tenure of active directors: 2.5 years
Average tenure of resigned directors: 3.7 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
AGUSTAWESTLAND LIMITED (00604352) - Active
AGUSTAWESTLAND INTERNATIONAL LIMITED (01499533) - Active
LEONARDO UK LTD (02426132) - Active
LEONARDO HELICOPTERS PENSION SCHEME (TRUSTEE) LIMITED (07831310) - Active
LEONARDO FUTUREPLANNER (TRUSTEE) LIMITED (11178454) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2017-01-092016-08-152016-03-292015-06-122014-06-12
LEONARDO S.P.A.ORDINARY314,500,100
100%
270,000,100
100%
0
0%
0
0%
0
0%
FINMECCANICA ?.P.A.ORDINARY0
0%
0
0%
270,000,100
100%
0
0%
0
0%
SELEX ES S.P.A.ORDINARY0
0%
0
0%
0
0%
270,000,100
100%
270,000,100
100%

SHAREHOLDINGS (BETA)

Company name Share class Shares at confimation date
2021-04-15
LEONARDO UK LTDISSUED ORDINARY25,800,003
100%

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

LEONARDO UK LTD

Controlled companies below

LATE PAYMENTS REPORT


Start date End date Average days to pay % invoices paid over 60 days % invoices not paid within agreed terms Gov.uk report
2023-07-01 2023-12-31 26 6% 19% 81470
2023-01-01 2023-06-30 25 6% 19% 73314
2022-07-01 2022-12-31 26 7% 15% 66354
2022-01-01 2022-06-30 30 9% 19% 60689
2021-07-01 2021-12-31 28 9% 26% 55299
2021-01-01 2021-06-30 29 9% 31% 48232
2020-07-01 2020-12-31 30 9% 41% 39621
2020-01-01 2020-06-30 34 13% 42% 34140
2019-07-01 2019-12-31 37 14% 40% 27023
2019-01-01 2019-06-30 36 14% 46% 19998
2018-07-01 2018-12-31 38 15% 47% 11786
2018-01-01 2018-06-30 40 16% 44% 3357


COURT CASES


Date Title Reference Subject
2019-04-11 Mr J Hawke v Leonardo MW Ltd [2019] UKET 1405097/2018 Breach of Contract

PATENTS


Title Date filed Status Publication number
Antenna and method of manufacture thereof 2017-10-23 Pending GB2558365
Radar systems and methods 2016-11-09 Pending if pre publication date, "Application Published" if publication date is today or in the past GB2544413
Monitoring systems and methods 2016-08-12 Awaiting Applicant's Response GB2542910
Down conversion system and method 2015-12-23 Pending GB2537706
Digital phase meter and phase detection method 2015-12-21 Pending GB2536531
Radar systems and methods 2015-11-11 Pending GB2544463
Sensor system and method 2015-05-06 Pending GB2525992
A radio frequency power amplifier 2015-01-08 Awaiting First Examination GB2533824
Integrated circuits and methods of manufacturing 2014-12-17 Awaiting First Examination GB2533767
Tow cable 2014-08-14 Awaiting Applicant's Response GB2532915
Antenna 2014-05-01 Pending GB2525661
A system and method for removal of contaminants from refrigerants 2014-04-02 Awaiting First Examination GB2524793
A portable antenna 2013-12-10 Granted GB2512168
A collapsible portable antenna 2013-12-09 Granted GB2512166
An improved portable antenna 2013-12-09 Granted GB2512167
Camera 2013-09-20 Awaiting First Examination GB2518393
Thermal imaging calibration system and method 2013-09-16 Awaiting First Examination GB2518224
Decoy 2013-07-10 Granted GB2516077
Seeker system 2013-04-26 Terminated GB2515000
Radar systems and methods 2013-04-03 Awaiting Re-examination GB2512619
Protective housing 2012-11-26 Granted GB2508226
De-Icing system and method 2012-09-11 Granted GB2494766
Photodiode imaging arrays reconfigured or mapped via a non volatile memory 2011-05-18 Granted GB2490929
IR detection system and method 2009-09-24 Granted GB2474014
Improved synthetic aperture radar technique 2007-02-15 Granted GB2446615
Improvements in or relating to detectors 2002-08-07 Granted GB2409514
Sensing systems operating in the presence of pulsed lasers 2002-05-03 Granted GB2502942
Headset apparatus 2001-06-16 Granted GB2376593
Microphone adaptor for a respirator 2001-01-29 Granted GB2371493
Sightline stabilisation 1998-12-23 Ceased GB2345155
Radar apparatus 1996-06-26 Granted GB2303266
Analogue-to-digital converters and digital modulators 1993-09-14 Granted GB2281828

COMPETITORS

(Based on Sic code: 26309 Manufacture of communication equipment other than telegraph, and telephone apparatus and equipment)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
LEONARDO MW LTD 1 EAGLE PLACE, ST JAMES'S, LONDON, ENGLAND, SW1Y 6AF 02426132 2017-12-31 1,822,492,000 121,983,000 26511-Manufacture of electronic measuring, testing etc. equipment, not for industrial process control
30300-Manufacture of air and spacecraft and related machinery
33160-Repair and maintenance of aircraft and spacecraft
TUNSTALL HEALTHCARE (UK) LIMITED WHITLEY BRIDGE, YORKSHIRE, DN14 0HR 01332249 2018-09-30 96,720,000 27,994,000
INDUSTRIAL CONTROL DISTRIBUTORS LIMITED UNITS 8-9 BRIDLE CLOSE, FINEDON ROAD INDUSTRIAL ESTATE, WELLINGBOROUGH, NORTHAMPTONSHIRE, NN8 4RN 03609272 2018-03-31 14,961,393 0
MEREDITH BROADCAST AUDIO LIMITED CORELEY MILL, CORELEY, LUDLOW, SHROPSHIRE, SY8 3AU 06791375 2017-12-31 1,747,157 0
BHI LIMITED 22 WOOLVEN CLOSE, BURGESS HILL, WEST SUSSEX, RH15 9RR 04421557 2019-03-31 346,604 0
ORBIT COMMUNICATION SYSTEMS EUROPE LTD. REDFERN LEGAL LLP, 7 HENRIETTA STREET, LONDON, WC2E 8PS 04489239 2018-12-31 145,707 0 33130-Repair of electronic and optical equipment
METERLINK INTERNATIONAL LIMITED 17 BROOMPARK ROAD, EDINBURGH, EH12 7JZ SC188515 2018-08-31 141,938 0 62012-Business and domestic software development
TIMIT LTD 7 MAIN STREET, LEICESTER, LE3 3AL 04933104 2018-10-31 60,309 0 26511-Manufacture of electronic measuring, testing etc. equipment, not for industrial process control
62090-Other information technology service activities
CALLTRONICS LIMITED KL ACCOUNTANTS LTD. OFFICE 64 CONSETT BUSINESS PARK, VILLA REAL, CONSETT, ENGLAND, DH8 6BN 05181242 2018-06-30 49,357 0 62012-Business and domestic software development
62020-Information technology consultancy activities
VISITOR INFORMATION SERVICES LIMITED 12 BROOK AVENUE, WILNECOTE, TAMWORTH, STAFFORDSHIRE, ENGLAND, B77 5BT 09807645 2018-10-31 9,740 0
COTECH ELECTRONIC SERVICES LIMITED 11 ELM AVENUE, WATFORD HEATH, WATFORD, HERTFORDSHIRE, WD19 4BD 02588855 2019-04-30 1,773 0
TRACE LIGHTING LTD 7 MAYHURST CLOSE, HOLLYWOOD, BIRMINGHAM, ENGLAND, B47 5QH 06222486 2018-04-30 648 0
CAL ENTERPRISES LIMITED 11 HIGHLANDS AVENUE, BARROW IN FURNESS, CUMBRIA, LA13 0AU 04815849 2018-11-30 0 0
STRONGBYTE SOLUTIONS LIMITED UNIT 7 WYCHWOOD BUSINESS CENTRE, MILTON ROAD, SHIPTON UNDER WYCHWOOD, OXFORDSHIRE, OX7 6XU 07768497 2018-12-31 0 0
AVEVA GROUP PLC HIGH CROSS, MADINGLEY ROAD, CAMBRIDGE, CB3 0HB 02937296 0000-00-00 0 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
LEONARDO UK LTD 0.8% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.3% 1.3% 2.4% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 1.0% 5.6% 10.9% Medium
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