BAE SYSTEMS SURFACE SHIPS LIMITED

VICTORY POINT, LYON WAY, FRIMLEY, CAMBERLEY, SURREY, GU16 7EX

Previous name: BVT SURFACE FLEET LIMITED (changed on 30-Oct-2009)
Previous name: BAE SYSTEMS SURFACE FLEET SOLUTIONS LIMITED (changed on 01-Jul-2008)

Company Number: 06160534
Incorporation date: 14-Mar-2007
Status: Active
Entity type: Private Limited Company

SIC codes:
30110 Building of ships and floating structures





SUMMARY

This company is 17.1 years old and is currently active. It is controlled by Bae Systems Surface Ships (Holdings) Limited. The company has positive equity (net assets) of GBP 436.7 million which has decreased from the previous year's figure of GBP 471.3 million. The latest reported revenue figure is GBP 1.4 billion which is similar to the previous year's figure of GBP 1.3 billion. The company has 4 active officers (directors or partners) who are or were officers of 23 other companies, 2 (8.7%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases 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 1,375,336,000 78,867,000 15,379,000 15,057,000 48,431,000
31-Dec-2018 GBP 1,347,562,000 -51,351,000 32,000 12,515,000 -54,185,000
31-Dec-2017 GBP 1,382,513,000 1,713,000 31,110,000 -3,616,000
31-Dec-2016 GBP 1,515,677,000 81,826,000 3,391,000 32,446,000 51,337,000
31-Dec-2015 GBP 1,372,055,000 43,263,000 17,703,000 13,972,000
31-Dec-2014 GBP 1,274,340,000 19,795,000 4,313,000 70,784,000
31-Dec-2013 GBP 1,293,498,000 48,461,000 3,997,000 55,316,000
31-Dec-2012 GBP 1,423,112,000 49,731,000 4,061,000 56,754,000
31-Dec-2011 GBP 1,053,874,000 17,306,000 4,139,000 17,944,000
31-Dec-2010 GBP 984,289,000 20,012,000 1,000 26,065,000
31-Dec-2009 GBP 765,187,000 62,662,000 8,000 47,000 46,269,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 GBP 835,955,000 37,821,000 42,570,000 357,830,000 436,668,000
31-Dec-2018 GBP 37,821,000 42,570,000 390,084,000 471,277,000
31-Dec-2017 GBP 1,604,760,000 963,206,000 37,821,000 42,570,000 447,653,000 520,995,000
31-Dec-2016 GBP 1,484,109,000 785,028,000 37,821,000 42,570,000 16,590,000 95,335,000
31-Dec-2015 GBP 19,000 1,760,209,000 37,821,000 42,570,000 253,134,000
31-Dec-2014 GBP 2,597,000 37,821,000 42,570,000 400,382,000
31-Dec-2013 GBP 220,000 328,513,000 3,010,000 37,821,000 42,570,000 279,602,000 359,993,000
31-Dec-2012 GBP 207,000 399,038,000 370,459,000 3,737,000 37,821,000 42,570,000 222,112,000
31-Dec-2011 GBP 405,647,000 458,322,000 14,000 17,000 18,000 18,000
31-Dec-2010 GBP 492,037,000 505,147,000 5,207,000 37,821,000 42,570,000 150,378,000 230,769,000
31-Dec-2009 GBP 338,937,000 409,575,000 6,542,000 37,821,000 42,570,000 123,823,000 204,214,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2012 GBP 99.96% 80,356,000 36,135 80,392,135 41,986,135
31-Dec-2011 GBP -222,376.47% -80,356,000 80,392,135 36,135 42,824,635
* 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 Ann-Louise Louise HOLDING 30 Oct 2009 28 Mar 2024 British 49 - 151
Resigned George Edward Alexander KENT 01 Jul 2008 30 Oct 2009 0 - 10
Resigned David Stanley PARKES 07 Aug 2007 01 Jul 2008 British 79 - 338
Resigned Ann-Louise Louise HOLDING 14 Mar 2007 01 Jul 2008 Chartered Secretary British 49 - 151

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Scott William JAMIESON 01 Oct 2022 Director British 12 - 00 (0.0%)
Active Rebecca Margaret PEAGRAM 31 Aug 2022 Director British 12 - 40 (0.0%)
Active Claire Frances CAMPBELL 29 Mar 2022 Director British 10 - 03 (30.0%)
Resigned Gareth Jeffrey EDWARDS 27 May 2021 13 Oct 2022 Finance Director British 8 - 81 (6.3%)
Active Simon Robert, Sir LISTER 01 Jan 2021 Director British 11 - 03 (27.3%)
Resigned Stephen Edward TIMMS 26 Feb 2019 31 Dec 2020 Managing Director British 3 - 123 (20.0%)
Resigned Sunil Kumar CHADDAH 05 Mar 2018 13 Apr 2021 Director British 0 - 103 (30.0%)
Resigned David Edward BRISTOW 01 Mar 2018 31 Aug 2022 Accountant British 0 - 242 (8.3%)
Resigned David John MITCHARD 13 Feb 2017 30 Sep 2022 Company Director British 1 - 141 (6.7%)
Resigned Iain STEVENSON 01 Sep 2016 26 Feb 2019 Director British 1 - 93 (30.0%)
Resigned Michael John HOWARTH 10 Jun 2016 10 Feb 2017 Company Director British 5 - 93 (21.4%)
Resigned Michael John HOWARTH 10 Jun 2016 10 Feb 2017 Company Director British 3 - 143 (17.6%)
Resigned Christopher Neil James SPARKES 10 Jun 2016 01 Mar 2018 Finance Director British 0 - 419 (22.0%)
Resigned David Barry GILL 21 Oct 2014 05 Mar 2018 Finance Director British 0 - 114 (36.4%)
Resigned Rory Mcculloch FISHER 20 Mar 2013 16 Jun 2014 Managing Director British 1 - 243 (12.0%)
Resigned Martin Stephen COOPER 25 Feb 2013 27 Jul 2016 Finance Director British 0 - 111 (9.1%)
Resigned Glynn Stuart PHILLIPS 16 Mar 2011 21 Oct 2014 Finance Director British 0 - 216 (28.6%)
Resigned Michael ORD 20 Jan 2011 01 Sep 2016 Managing Director British 13 - 154 (14.3%)
Resigned Nigel WHITEHEAD 04 Nov 2008 30 Oct 2009 Group Managing Director United Kingdom 0 - 72 (28.6%)
Resigned Ian Anthony BOOTH 11 Sep 2008 30 Oct 2009 Managing Director British 2 - 20 (0.0%)
Resigned Alan John JOHNSTON 01 Jul 2008 22 Jun 2011 Chief Executive British 3 - 3110 (29.4%)
Resigned Robin John IMMS 01 Jul 2008 26 Sep 2012 Financial Director British 0 - 2910 (34.5%)
Resigned Francesco Alberto PAONESSA 01 Jul 2008 16 Dec 2008 Managing Director British 0 - 20 (0.0%)
Resigned Christopher John CUNDY 01 Jul 2008 30 Oct 2009 Chartered Accountant British 0 - 20 (0.0%)
Resigned Peter John MCINTOSH 01 Jul 2008 30 Oct 2009 Engineer British 1 - 124 (30.8%)
Resigned Paul John LESTER 01 Jul 2008 30 Oct 2009 Company Director British 4 - 7517 (21.5%)
Resigned Ian Graham KING 01 Jul 2008 04 Nov 2008 Chief Operating Officer British 0 - 6031 (51.7%)
Resigned Thomas John, Sir PARKER 01 Jul 2008 30 Oct 2009 Company Director British 0 - 362 (5.6%)
Resigned Andrew Oswell Bede DAVIES 01 Jul 2008 30 Oct 2009 Managing Director British 4 - 459 (18.4%)
Resigned Peter Robert EARL 01 Jul 2008 30 Oct 2009 Finance Director British 0 - 289 (32.1%)
Resigned William BROWN 19 May 2008 01 Jul 2008 Company Director British 0 - 41 (25.0%)
Resigned Victor Reginald EMERY 05 Apr 2007 16 Dec 2008 Managing Director British 0 - 101 (10.0%)
Resigned Alan John TOUGH 05 Apr 2007 19 May 2008 Finance Director British 0 - 130 (0.0%)
Resigned David Stanley PARKES 14 Mar 2007 05 Apr 2007 Company Secretary British 79 - 338227 (54.4%)
Resigned Ann-Louise Louise HOLDING 14 Mar 2007 05 Apr 2007 Chartered Secretary British 49 - 151104 (52.0%)
Number of active directors: 4
Average tenure of active directors: 2.1 years
Average tenure of resigned directors: 2.0 years
Average active director Dissolution Rate: 14.3%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
BAE SYSTEMS (PROJECTS) LIMITED (00444860) - Active
BAE SYSTEMS PROJECT SERVICES LIMITED (00553146) - Active
SELLAFIELD LIMITED (01002607) - Active
BAE SYSTEMS SURFACE SHIPS INTEGRATED SUPPORT LIMITED (02132891) - Active
BT PROPERTY LIMITED (02410818) - Active
BAE SYSTEMS DEPLOYED SYSTEMS LIMITED (03146958) - Active
BAE SYSTEMS SURFACE SHIPS SUPPORT LIMITED (03246760) - Active
BAE SYSTEMS INTEGRATED SYSTEM TECHNOLOGIES LIMITED (03456325) - Active
BAE SYSTEMS INTEGRATED SYSTEM TECHNOLOGIES (OVERSEAS) LIMITED (03654110) - Active
DIVIDEND TRAINING LIMITED (03672234) - Active
AUTUMNWINDOW LIMITED (04109614) - Active
AUTUMNWINDOW NO.3 LIMITED (04132382) - Active
BAE SYSTEMS SURFACE SHIPS MARITIME LIMITED (04164801) - Active
BAE SYSTEMS SURFACE SHIPS PROPERTY SERVICES LIMITED (04295809) - Liquidation
BAE SYSTEMS SURFACE SHIPS PORTSMOUTH LIMITED (04298873) - Liquidation
AUTUMNWINDOW NO.2 LIMITED (04312827) - Active
BAE SYSTEMS SURFACE SHIPS INTERMEDIATE HOLDINGS LIMITED (04373908) - Liquidation
BAE SYSTEMS SURFACE SHIPS INTERNATIONAL LIMITED (04380304) - Active
BAE SYSTEMS SURFACE SHIPS (HOLDINGS) LIMITED (06135651) - Active
BAE SYSTEMS SURFACE SHIPS (PROJECTS) LIMITED (06145816) - Active
BAE SYSTEMS SURFACE SHIPS LIMITED (06160534) - Active
BAE SYSTEMS SURFACE SHIPS (OVERSEAS) LIMITED (06930355) - Active
TECHMODAL VENTURES LIMITED (11821076) - Active
KBS MARITIME LIMITED (13289372) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2016-03-142015-03-142014-03-142013-03-142012-03-14
BAE SYSTEMS SURFACE SHIPS (HOLDINGS) LIMITEDORDINARY2,147,483,647
100%
2,147,483,647
100%
2,147,483,647
100%
2,147,483,647
100%
2,147,483,647
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

BAE SYSTEMS SURFACE SHIPS LIMITED

no controlled companies

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 14 1% 3% 79771
2023-01-01 2023-06-30 15 1% 0% 73582
2023-01-01 2023-06-30 15 1% 4% 73688
2023-01-01 2023-06-30 15 1% 4% 73689
2022-07-01 2022-12-31 16 1% 5% 67640
2022-01-01 2022-06-30 16 2% 6% 60598
2021-07-01 2021-12-31 16 1% 5% 53807
2021-01-01 2021-06-30 16 2% 7% 47998
2020-07-01 2020-12-31 10 2% 7% 40430
2020-01-01 2020-06-30 22 6% 23% 33507
2019-07-01 2019-12-31 20 6% 15% 26735
2019-01-01 2019-06-30 25 9% 23% 19321
2018-07-01 2018-12-31 23 7% 25% 10821
2018-01-01 2018-06-30 22 5% 25% 4975


COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 30110 Building of ships and floating structures)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
BAE SYSTEMS MARINE LIMITED VICTORY POINT, LYON WAY, FRIMLEY, CAMBERLEY, SURREY, ENGLAND, GU16 7EX 00229770 2017-12-31 1,430,707,000 129,175,000
BAE SYSTEMS SURFACE SHIPS LIMITED VICTORY POINT, LYON WAY, FRIMLEY, CAMBERLEY, SURREY, ENGLAND, GU16 7EX 06160534 2017-12-31 1,382,513,000 -3,616,000
DEVONPORT ROYAL DOCKYARD LIMITED DEVONPORT ROYAL DOCKYARD, DEVONPORT, PLYMOUTH, PL1 4SG 02077752 2018-03-31 734,205,000 103,879,000
BABCOCK MARINE (ROSYTH) LIMITED ROSYTH BUSINESS PARK, ROSYTH, DUNFERMLINE, FIFE, KY11 2YD SC333105 2018-03-31 312,073,000 12,730,000
SUNSEEKER INTERNATIONAL LIMITED SUNSEEKER HOUSE, WEST QUAY ROAD, POOLE, DORSET, BH15 1JD 00675320 2017-12-31 289,132,000 -1,644,000
HOLYHEAD MARINE SERVICES LIMITED NEWRY BEACH YARD, HOLYHEAD, ANGLESEY, LL65 1YB 00895484 2018-03-31 6,910,444 0
S JACKSON AND SONS BOAT BUILDERS LIMITED THE OFFICES, 161, MANCHESTER ROAD, ACCRINGTON, ENGLAND, BB5 2NY 10649484 2018-03-31 218,473 0
ALUMINIUM BOATS EAST COAST LIMITED 23 CHAPEL ROAD, TERRINGTON ST. CLEMENT, KING'S LYNN, UNITED KINGDOM, PE34 4ND 09982306 2018-02-28 119,099 0
PHILWISE LIMITED 23 REDWOOD, EGHAM, ENGLAND, TW20 8SU 01473790 2017-06-30 41,357 0 69201-Accounting and auditing activities
77330-Renting and leasing of office machinery and equipment (including computers)
77390-Renting and leasing of other machinery, equipment and tangible goods not elsewhere classified
CK PIPEFITTING LTD 95B LETHAMHILL ROAD, RIDDRIE, GLASGOW, SCOTLAND, G33 2SF SC511730 2018-07-31 30,112 0
CHEVERTON SALES AND SERVICES LIMITED MERIDIAN HOUSE HATTONBURN, CLYNDER, HELENSBURGH, ARGYLL AND BUTE, G84 0QL SC217935 2018-04-30 8,550 0 30120-Building of pleasure and sporting boats
POD BOATS LIMITED THE SOLAR KINGFISHER CANALSIDE BEHIND 31 PRITCHATTS ROAD, EDGBASTON, BIRMINGHAM, B15 2TT 08603484 2018-03-31 1,018 0 30120-Building of pleasure and sporting boats
VOSPER THORNYCROFT (UK) LIMITED 33 WIGMORE STREET, LONDON, W1U 1QX 00070274 0000-00-00 0 0 82990-Other business support service activities not elsewhere classified

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
BAE SYSTEMS SURFACE SHIPS LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.4% 1.7% 3.3% 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 0.7% 3.5% 7.0% Medium
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