WARTSILA DEFENCE SOLUTIONS LTD
Get an alert when WARTSILA DEFENCE SOLUTIONS LTD files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
—
Latest balance sheet
Net assets
£4.2M
+13.6% vs 2023
Employees
158
+2.6% vs 2023
Profit before tax
£1.8M
+44,400% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £28,187,000 | £26,738,000 | -5.1% | |
| Operating profit | £685,000 | £1,896,000 | +176.8% | |
| Profit before tax | -£4,000 | £1,772,000 | +44,400% | |
| Net profit | £57,000 | £984,000 | +1,626.3% | |
| Cash | — | — | — | |
| Total assets less current liabilities | — | £4,474,000 | — | |
| Net assets | £3,673,000 | £4,171,000 | +13.6% | |
| Equity | £3,673,000 | £4,171,000 | +13.6% | |
| Average employees | 154 | 158 | +2.6% | |
| Wages | £6,889,000 | £7,950,000 | +15.4% | |
| Directors' remuneration | £133,000 | £141,000 | +6% |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 2.4% | 7.1% | |
| Net margin | 0.2% | 3.7% | |
| Return on capital employed | — | 42.4% | |
| Current ratio | 0.92x | 0.96x | |
| Interest cover | 0.99x | 15.29x |
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.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Azets Audit Services
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis, which assumes that the Company will continue trading.”
Significant events
- “The company is aware that in July 2024 the Court of Appeal upheld the 2023 High Court decision in the Virgin Media v NTL Pension Trustees II Limited case.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GARDINER, Benjamin Steffan Don | Secretary | 2024-09-23 | — | — |
| BURFORD, Robert Brian | Director | 2020-03-19 | May 1964 | British |
| JONES, Robin Edward | Director | 2022-11-10 | Apr 1988 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HENSHAW, John Richard | Secretary | 2023-10-16 | 2024-03-26 |
| MARTIN, Tracy Margaret | Secretary | 2020-03-10 | 2023-10-16 |
| NAGY, Georgina | Secretary | 2024-04-03 | 2024-09-23 |
| DE GRUYTER, Tamara | Director | 2020-03-19 | 2024-05-14 |
| HENSHAW, John Richard | Director | 2020-03-19 | 2023-12-12 |
| ROWLANDS, Christopher David | Director | 2020-03-10 | 2022-11-10 |
| SCOTT, Fraser | Director | 2023-12-12 | 2026-04-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Wartsila Corp | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-03-10 | Active |
Filing timeline
Last 20 of 32 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-22 | TM01 | officers | Termination director company with name termination date | |
| 2025-09-29 | AA | accounts | Accounts with accounts type full | |
| 2025-05-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-05 | AA | accounts | Accounts with accounts type full | |
| 2024-09-23 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-09-23 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-05-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-14 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-03 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-03-26 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-12-12 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-12 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-16 | AP03 | officers | Appoint person secretary company with name date | |
| 2023-10-16 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-09-27 | AA | accounts | Accounts with accounts type full | |
| 2023-05-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-19 | AAMD | accounts | Accounts amended with accounts type full | |
| 2022-11-18 | TM01 | officers | Termination director company with name termination date | |
| 2022-11-18 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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.