TKMS ATLAS UK LIMITED
Formerly known as Atlas Elektronik UK, the company is a subsidiary of ThyssenKrupp Marine Systems that develops and supplies underwater defence technology, including sonar and autonomous uncrewed surface vessels, for the Royal Navy and global maritime markets.
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Cash
£16M
+2,043% highest in 3 filed years
Net assets
£93M
+15.6% highest in 3 filed years
Employees
574
-0.2% vs 2024
Profit before tax
£17M
+6.7% highest in 3 filed years
Net assets
3-year trend · vs Unclassified median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-30
| Metric | Trend | 2023-09-30 | 2024-09-30 | 2025-09-30 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £118,020,000 | £137,990,000 | £119,710,000 | -13.2% | |
| Operating profit | £10,878,000 | £13,205,000 | £12,854,000 | -2.7% | |
| Profit before tax | £12,892,000 | £16,049,000 | £17,120,000 | +6.7% | |
| Net profit | £9,256,000 | £11,971,000 | £12,511,000 | +4.5% | |
| Cash | £348,000 | £735,000 | £15,751,000 | +2,043% | |
| Total assets less current liabilities | £80,764,000 | £95,153,000 | £108,784,000 | +14.3% | |
| Net assets | £68,292,000 | £80,263,000 | £92,774,000 | +15.6% | |
| Equity | £68,292,000 | £80,263,000 | £92,774,000 | +15.6% | |
| Average employees | 556 | 575 | 574 | -0.2% | |
| Wages | £31,512,000 | £34,240,000 | £33,899,000 | -1% | |
| Directors' remuneration | £1,274,000 | £1,158,000 | £1,323,000 | +14.2% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-09-30 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|
| Operating margin | 9.2% | 9.6% | 10.7% | |
| Net margin | 7.8% | 8.7% | 10.5% | |
| Return on capital employed | 13.5% | 13.9% | 11.8% | |
| Gearing (liabilities / total assets) | 55.3% | 50.0% | 46.6% | |
| Current ratio | 1.42x | 1.63x | 1.80x |
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 2 times since incorporation — the current trading name was adopted 2025-06-03
- TKMS ATLAS UK LIMITED 2025-06-03 → present
- ATLAS ELEKTRONIK UK LIMITED 2007-01-09 → 2025-06-03
- MAWLAW 679 LIMITED 2005-10-04 → 2007-01-09
Audit & accounting basis
- Accounting basis
- FRS 101 Reduced Disclosure Framework
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on this assessment, the directors consider that there are no material uncertainties that cast significant doubt on the company's ability to continue as a going concern, and accordingly the financial statements have been prepared on that basis.”
Significant events
- “The company changed its registered name from ATLAS ELEKTRONIK UK Limited to TKMS ATLAS UK Limited, effective from 03/06/2025.”
- “On 08/08/2025, at an Extraordinary General Meeting, thyssenkrupp AG's shareholders approved the spin-off of a minority stake of its marine business. The spin-off of TKMS AG & Co KGaA was completed on 17/10/2025.”
- “Following the balance sheet date, the escalation of the Iran conflict caused significant disruption to global oil and gas supply chains, leading to sharp increases in energy prices and heightened UK inflationary pressure. The company however does not have any direct impact.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| EVANS, Claire | Director | 2009-10-05 | Sep 1972 | British |
| GELZE, Johannes, Dr | Director | 2023-07-01 | May 1983 | German |
| KEUPP, Fred Thomas | Director | 2016-09-29 | Feb 1964 | German |
| MAZUR, Antoni, Dr | Director | 2009-10-05 | Feb 1968 | British |
| SKELLAND, Neil David, Dr | Director | 2019-08-01 | Dec 1965 | British |
| WEALE, John Stuart | Director | 2020-11-19 | Jul 1962 | British |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LANGDON, Peter Kenneth | Secretary | 2006-05-23 | 2010-04-30 |
| MAWLAW SECRETARIES LIMITED | Corporate Secretary | 2005-10-04 | 2006-05-23 |
| ALLEN, Martyn | Director | 2011-07-18 | 2012-01-18 |
| ANDERSON, Andrew Alistair | Director | 2009-10-05 | 2011-10-31 |
| BRANDT, Thomas | Director | 2016-09-29 | 2018-01-09 |
| COOPER, Philip Ashley | Director | 2012-05-28 | 2016-12-13 |
| GUILD, Nigel Charles Forbes, Rear Admiral | Director | 2009-10-05 | 2020-11-19 |
| JUCKENHOFEL, Oliver, Dr | Director | 2012-05-28 | 2013-09-30 |
| KOCH-KUSENBERG, Jens Bodo, Dr.- Ing. | Director | 2014-03-05 | 2016-04-19 |
| MEISEL, Stefan | Director | 2018-01-10 | 2023-06-30 |
| SUTCLIFFE, John | Director | 2016-12-13 | 2019-07-31 |
| WATERS, Robert | Director | 2006-05-23 | 2010-01-15 |
| WATSON, Paul John | Director | 2006-05-23 | 2007-02-15 |
| MAWLAW CORPORATE SERVICES LIMITED | Corporate Director | 2005-10-04 | 2006-05-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Tkms Atlas Uk (Holdings) Limited | Corporate entity | Shares 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 94 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-06-03 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-08 | AA | accounts | Accounts with accounts type full | |
| 2025-09-03 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-06-25 | AA | accounts | Accounts with accounts type full | |
| 2025-06-05 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-06-03 | CERTNM | change-of-name | Certificate change of name company | |
| 2024-12-13 | AA | accounts | Accounts with accounts type full | |
| 2024-09-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-14 | AA | accounts | Accounts with accounts type full | |
| 2023-07-03 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-03 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-03 | CH01 | officers | Change person director company with change date | |
| 2022-09-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-28 | AA | accounts | Accounts with accounts type full | |
| 2021-09-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-08-31 | AA | accounts | Accounts with accounts type full | |
| 2020-12-01 | AP01 | officers | Appoint person director company with name date | |
| 2020-11-30 | TM01 | officers | Termination director company with name termination date | |
| 2020-09-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-09-29 | AA | accounts | Accounts with accounts type full |
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.