rolls-royce submarines limited
rolls-royce submarines limited Company Information
Company Number
00620485
Next Accounts
Sep 2025
Shareholders
rolls-royce plc
rolls-royce industries ltd
Group Structure
View All
Industry
Other research and experimental development on natural sciences and engineering
+1Registered Address
atlantic house raynesway, derby, derbyshire, DE21 7BE
Website
https://www.rolls-royce.comrolls-royce submarines limited Estimated Valuation
Pomanda estimates the enterprise value of ROLLS-ROYCE SUBMARINES LIMITED at £0 based on a Turnover of £902.3m and 0x industry multiple (adjusted for size and gross margin).
rolls-royce submarines limited Estimated Valuation
Pomanda estimates the enterprise value of ROLLS-ROYCE SUBMARINES LIMITED at £0 based on an EBITDA of £112m and a 0x industry multiple (adjusted for size and gross margin).
rolls-royce submarines limited Estimated Valuation
Pomanda estimates the enterprise value of ROLLS-ROYCE SUBMARINES LIMITED at £462.1m based on Net Assets of £196.4m and 2.35x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Rolls-royce Submarines Limited Overview
Rolls-royce Submarines Limited is a live company located in derbyshire, DE21 7BE with a Companies House number of 00620485. It operates in the manufacture of steam generators, except central heating hot water boilers sector, SIC Code 25300. Founded in February 1959, it's largest shareholder is rolls-royce plc with a 100% stake. Rolls-royce Submarines Limited is a mature, mega sized company, Pomanda has estimated its turnover at £902.3m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Rolls-royce Submarines Limited Health Check
Pomanda's financial health check has awarded Rolls-Royce Submarines Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs
7 Strong
1 Regular
4 Weak
Size
annual sales of £902.3m, make it larger than the average company (£380.6m)
£902.3m - Rolls-royce Submarines Limited
£380.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (1.3%)
14% - Rolls-royce Submarines Limited
1.3% - Industry AVG
Production
with a gross margin of 15.4%, this company has a higher cost of product (33%)
15.4% - Rolls-royce Submarines Limited
33% - Industry AVG
Profitability
an operating margin of 11% make it more profitable than the average company (6.1%)
11% - Rolls-royce Submarines Limited
6.1% - Industry AVG
Employees
with 4125 employees, this is above the industry average (1931)
4125 - Rolls-royce Submarines Limited
1931 - Industry AVG
Pay Structure
on an average salary of £75.8k, the company has an equivalent pay structure (£70.2k)
£75.8k - Rolls-royce Submarines Limited
£70.2k - Industry AVG
Efficiency
resulting in sales per employee of £218.7k, this is more efficient (£170.6k)
£218.7k - Rolls-royce Submarines Limited
£170.6k - Industry AVG
Debtor Days
it gets paid by customers after 70 days, this is later than average (52 days)
70 days - Rolls-royce Submarines Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 132 days, this is slower than average (48 days)
132 days - Rolls-royce Submarines Limited
48 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (99 days)
1 days - Rolls-royce Submarines Limited
99 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (20 weeks)
4 weeks - Rolls-royce Submarines Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.5%, this is a higher level of debt than the average (56.4%)
68.5% - Rolls-royce Submarines Limited
56.4% - Industry AVG
ROLLS-ROYCE SUBMARINES LIMITED financials
Rolls-Royce Submarines Limited's latest turnover from December 2023 is £902.3 million and the company has net assets of £196.4 million. According to their latest financial statements, Rolls-Royce Submarines Limited has 4,125 employees and maintains cash reserves of £40.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 902,292,000 | 756,797,000 | 641,590,000 | 613,763,000 | 632,677,000 | 345,531,000 | 102,580,000 | 97,576,000 | 78,723,000 | 50,751,000 | 46,260,000 | 47,942,000 | 36,541,000 | 42,725,000 | 41,426,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 763,129,000 | 644,005,000 | 538,318,000 | 516,927,000 | 528,168,000 | 288,791,000 | 100,665,000 | 96,577,000 | 74,345,000 | 47,357,000 | 48,193,000 | 41,155,000 | 28,376,000 | 34,623,000 | 34,022,000 |
| Gross Profit | 139,163,000 | 112,792,000 | 103,272,000 | 96,836,000 | 104,509,000 | 56,740,000 | 1,915,000 | 999,000 | 4,378,000 | 3,394,000 | -1,933,000 | 6,787,000 | 8,165,000 | 8,102,000 | 7,404,000 |
| Admin Expenses | 40,088,000 | 29,664,000 | 26,937,000 | 26,414,000 | 29,534,000 | 14,724,000 | -287,000 | -340,000 | -519,000 | -260,000 | 78,000 | -120,000 | -11,000 | -83,000 | 769,000 |
| Operating Profit | 99,075,000 | 83,128,000 | 76,335,000 | 70,422,000 | 74,975,000 | 42,016,000 | 2,202,000 | 1,339,000 | 4,897,000 | 3,654,000 | -2,011,000 | 6,907,000 | 8,176,000 | 8,185,000 | 6,635,000 |
| Interest Payable | 124,000 | 10,000 | 19,000 | 32,000 | 38,000 | 90,000 | 37,000 | 124,000 | |||||||
| Interest Receivable | 17,518,000 | 4,955,000 | 595,000 | 1,838,000 | 2,869,000 | 46,000 | 25,000 | 25,000 | 344,000 | 791,000 | |||||
| Pre-Tax Profit | 116,469,000 | 88,073,000 | 76,911,000 | 72,228,000 | 77,806,000 | 42,707,000 | 2,499,000 | 1,409,000 | 4,807,000 | 3,667,000 | -1,695,000 | 7,163,000 | 8,037,000 | 8,619,000 | 7,012,000 |
| Tax | -21,800,000 | -17,784,000 | -14,639,000 | -15,140,000 | -14,265,000 | -10,663,000 | -368,000 | -213,000 | -1,182,000 | -882,000 | 1,348,000 | -1,868,000 | -2,123,000 | -2,574,000 | -2,125,000 |
| Profit After Tax | 94,669,000 | 70,289,000 | 62,272,000 | 57,088,000 | 63,541,000 | 32,044,000 | 2,131,000 | 1,196,000 | 3,625,000 | 2,785,000 | -347,000 | 5,295,000 | 5,914,000 | 6,045,000 | 4,887,000 |
| Dividends Paid | 32,904,000 | ||||||||||||||
| Retained Profit | 94,669,000 | 70,289,000 | 62,272,000 | 57,088,000 | 63,541,000 | 32,044,000 | 2,131,000 | 1,196,000 | 3,625,000 | 2,785,000 | -347,000 | 5,295,000 | 5,914,000 | 6,045,000 | -28,017,000 |
| Employee Costs | 312,653,000 | 266,590,000 | 232,079,000 | 219,904,000 | 215,822,000 | 110,017,000 | 32,231,000 | 29,079,000 | 25,702,000 | 22,140,000 | 19,525,000 | 16,445,000 | 12,011,000 | 11,526,000 | 11,385,000 |
| Number Of Employees | 4,125 | 3,508 | 3,329 | 3,032 | 3,002 | 1,574 | 508 | 496 | 460 | 400 | 378 | 326 | 250 | 249 | 248 |
| EBITDA* | 111,963,000 | 107,796,000 | 88,109,000 | 79,349,000 | 82,342,000 | 49,760,000 | 4,892,000 | 4,394,000 | 4,897,000 | 7,270,000 | 1,555,000 | 9,489,000 | 8,936,000 | 9,813,000 | 7,501,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 96,144,000 | 117,230,000 | 106,008,000 | 97,233,000 | 90,456,000 | 57,325,000 | 48,985,000 | 51,508,000 | 41,064,000 | 53,748,000 | 58,472,000 | 42,277,000 | 27,247,000 | 12,440,000 | |
| Intangible Assets | 9,012,000 | 8,485,000 | 7,355,000 | 7,779,000 | 8,680,000 | 39,000 | 64,000 | 155,000 | 227,000 | 315,000 | 266,000 | 91,000 | 14,000 | ||
| Investments & Other | 24,326,000 | 12,057,000 | 11,654,000 | 12,058,000 | 12,593,000 | 12,869,000 | |||||||||
| Debtors (Due After 1 year) | 6,446,000 | 2,520,000 | 427,000 | 6,352,000 | 293,000 | 293,000 | 293,000 | 293,000 | 293,000 | ||||||
| Total Fixed Assets | 24,326,000 | 117,213,000 | 119,269,000 | 110,843,000 | 104,585,000 | 99,136,000 | 57,364,000 | 49,049,000 | 51,663,000 | 60,512,000 | 54,356,000 | 59,031,000 | 42,661,000 | 27,554,000 | 12,733,000 |
| Stock & work in progress | 2,951,000 | 3,035,000 | 3,404,000 | 4,856,000 | 6,694,000 | 6,767,000 | 4,154,000 | 6,808,000 | 7,913,000 | 5,647,000 | 4,843,000 | 2,816,000 | 1,769,000 | 1,552,000 | 305,000 |
| Trade Debtors | 175,305,000 | 102,849,000 | 67,274,000 | 61,636,000 | 30,832,000 | 59,709,000 | 15,056,000 | 17,897,000 | 26,113,000 | 5,885,000 | 13,330,000 | 11,100,000 | 15,000 | 2,709,000 | |
| Group Debtors | 224,077,000 | 215,221,000 | 245,335,000 | 63,185,000 | 198,067,000 | 120,488,000 | 11,523,000 | 5,797,000 | 14,960,000 | 15,391,000 | 21,119,000 | 17,152,000 | 19,551,000 | 11,138,000 | 2,472,000 |
| Misc Debtors | 12,522,000 | 5,187,000 | 15,999,000 | 16,973,000 | 52,829,000 | 4,792,000 | 1,799,000 | 3,130,000 | 2,936,000 | 2,922,000 | 1,978,000 | 1,057,000 | 3,977,000 | 4,072,000 | 829,000 |
| Cash | 40,369,000 | 40,043,000 | 40,394,000 | 103,458,000 | 1,425,000 | 3,423,000 | 9,538,000 | 81,272,000 | |||||||
| misc current assets | 142,986,000 | ||||||||||||||
| total current assets | 598,210,000 | 366,335,000 | 372,406,000 | 250,108,000 | 289,847,000 | 195,179,000 | 32,532,000 | 33,632,000 | 51,922,000 | 29,845,000 | 41,270,000 | 32,125,000 | 25,312,000 | 26,300,000 | 87,587,000 |
| total assets | 622,536,000 | 483,548,000 | 491,675,000 | 360,951,000 | 394,432,000 | 294,315,000 | 89,896,000 | 82,681,000 | 103,585,000 | 90,357,000 | 95,626,000 | 91,156,000 | 67,973,000 | 53,854,000 | 100,320,000 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 277,144,000 | 172,007,000 | 161,608,000 | 169,013,000 | 20,220,000 | 26,576,000 | 8,977,000 | 6,964,000 | 8,332,000 | 5,038,000 | 4,658,000 | 7,159,000 | 6,773,000 | 6,385,000 | 4,207,000 |
| Group/Directors Accounts | 36,287,000 | 30,480,000 | 4,050,000 | 153,000 | 1,177,000 | 1,626,000 | 2,619,000 | 63,215,000 | |||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 523,000 | 228,000 | 523,000 | 520,000 | 506,000 | ||||||||||
| other current liabilities | 108,572,000 | 81,502,000 | 217,123,000 | 81,936,000 | 219,144,000 | 152,555,000 | 30,159,000 | 27,090,000 | 48,176,000 | 31,235,000 | 38,064,000 | 49,076,000 | 32,375,000 | 25,098,000 | 21,705,000 |
| total current liabilities | 422,526,000 | 284,217,000 | 379,254,000 | 251,469,000 | 239,870,000 | 179,131,000 | 39,136,000 | 34,054,000 | 56,508,000 | 40,323,000 | 42,875,000 | 57,412,000 | 40,774,000 | 34,102,000 | 89,127,000 |
| loans | 2,494,000 | ||||||||||||||
| hp & lease commitments | 1,247,000 | ||||||||||||||
| Accruals and Deferred Income | 40,306,000 | 12,939,000 | 11,921,000 | 10,556,000 | 8,827,000 | 9,523,000 | 7,446,000 | 7,524,000 | 7,124,000 | 4,667,000 | |||||
| other liabilities | 3,651,000 | 29,374,000 | 16,183,000 | 19,426,000 | 19,437,000 | 3,268,000 | 12,457,000 | 15,302,000 | |||||||
| provisions | 7,844,000 | 17,568,000 | 9,344,000 | 11,754,000 | 7,692,000 | 3,074,000 | 4,809,000 | 2,948,000 | 1,750,000 | 751,000 | 848,000 | ||||
| total long term liabilities | 3,651,000 | 29,374,000 | 16,183,000 | 19,426,000 | 24,606,000 | 49,090,000 | 17,611,000 | 17,798,000 | 17,670,000 | 24,358,000 | 29,634,000 | 10,394,000 | 9,274,000 | 7,875,000 | 5,515,000 |
| total liabilities | 426,177,000 | 313,591,000 | 395,437,000 | 270,895,000 | 264,476,000 | 228,221,000 | 56,747,000 | 51,852,000 | 74,178,000 | 64,681,000 | 72,509,000 | 67,806,000 | 50,048,000 | 41,977,000 | 94,642,000 |
| net assets | 196,359,000 | 169,957,000 | 96,238,000 | 90,056,000 | 129,956,000 | 66,094,000 | 33,149,000 | 30,829,000 | 29,407,000 | 25,676,000 | 23,117,000 | 23,350,000 | 17,925,000 | 11,877,000 | 5,678,000 |
| total shareholders funds | 196,359,000 | 169,957,000 | 96,238,000 | 90,056,000 | 129,956,000 | 66,094,000 | 33,149,000 | 30,829,000 | 29,407,000 | 25,676,000 | 23,117,000 | 23,350,000 | 17,925,000 | 11,877,000 | 5,678,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 99,075,000 | 83,128,000 | 76,335,000 | 70,422,000 | 74,975,000 | 42,016,000 | 2,202,000 | 1,339,000 | 4,897,000 | 3,654,000 | -2,011,000 | 6,907,000 | 8,176,000 | 8,185,000 | 6,635,000 |
| Depreciation | 10,427,000 | 22,221,000 | 9,831,000 | 7,058,000 | 4,773,000 | 6,445,000 | 2,643,000 | 2,964,000 | 3,528,000 | 3,488,000 | 2,535,000 | 760,000 | 1,628,000 | 866,000 | |
| Amortisation | 2,461,000 | 2,447,000 | 1,943,000 | 1,869,000 | 2,594,000 | 1,299,000 | 47,000 | 91,000 | 88,000 | 78,000 | 47,000 | ||||
| Tax | -21,800,000 | -17,784,000 | -14,639,000 | -15,140,000 | -14,265,000 | -10,663,000 | -368,000 | -213,000 | -1,182,000 | -882,000 | 1,348,000 | -1,868,000 | -2,123,000 | -2,574,000 | -2,125,000 |
| Stock | -84,000 | -369,000 | -1,452,000 | -1,838,000 | -73,000 | 2,613,000 | -2,654,000 | -1,105,000 | 2,266,000 | 804,000 | 2,027,000 | 1,047,000 | 217,000 | 1,247,000 | 305,000 |
| Debtors | 88,647,000 | -11,797,000 | 190,740,000 | -137,841,000 | 97,166,000 | 156,611,000 | 1,554,000 | -17,185,000 | 13,459,000 | -6,170,000 | 7,118,000 | 5,766,000 | 8,333,000 | 9,200,000 | 6,303,000 |
| Creditors | 105,137,000 | 10,399,000 | -7,405,000 | 148,793,000 | -6,356,000 | 17,599,000 | 2,013,000 | -1,368,000 | 3,294,000 | 380,000 | -2,501,000 | 386,000 | 388,000 | 2,178,000 | 4,207,000 |
| Accruals and Deferred Income | 27,070,000 | -135,621,000 | 135,187,000 | -137,208,000 | 26,283,000 | 149,763,000 | 4,087,000 | -19,721,000 | 18,670,000 | -7,525,000 | -8,935,000 | 16,623,000 | 7,677,000 | 5,850,000 | 26,372,000 |
| Deferred Taxes & Provisions | -7,844,000 | -9,724,000 | 8,224,000 | -2,410,000 | 4,062,000 | 4,618,000 | -1,735,000 | 1,861,000 | 1,198,000 | 999,000 | -97,000 | 848,000 | |||
| Cash flow from operations | 133,807,000 | -23,044,000 | 11,964,000 | 207,629,000 | -18,813,000 | 55,459,000 | 9,314,000 | 5,444,000 | 2,874,000 | -15,817,000 | 19,015,000 | 7,327,000 | 4,723,000 | 30,195,000 | |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 12,269,000 | 12,057,000 | -11,654,000 | -404,000 | -535,000 | -276,000 | 12,869,000 | ||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 5,807,000 | 30,480,000 | -4,050,000 | 3,897,000 | -1,024,000 | -449,000 | -993,000 | -60,596,000 | 63,215,000 | ||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -2,494,000 | 2,494,000 | |||||||||||||
| Hire Purchase and Lease Commitments | 295,000 | -295,000 | 3,000 | -1,233,000 | 1,753,000 | ||||||||||
| other long term liabilities | -25,723,000 | 13,191,000 | -3,243,000 | -11,000 | 19,437,000 | -3,268,000 | -9,189,000 | -2,845,000 | 15,302,000 | ||||||
| share issue | |||||||||||||||
| interest | 17,394,000 | 4,945,000 | 576,000 | 1,806,000 | 2,831,000 | 46,000 | -90,000 | 25,000 | -12,000 | 220,000 | 791,000 | ||||
| cash flow from financing | -70,494,000 | 51,751,000 | -58,754,000 | -98,920,000 | 26,836,000 | 947,000 | 189,000 | -3,042,000 | -13,223,000 | 826,000 | 14,392,000 | -294,000 | -871,000 | -60,222,000 | 97,701,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 326,000 | -351,000 | -63,064,000 | 102,033,000 | -1,998,000 | 3,423,000 | -9,538,000 | -71,734,000 | 81,272,000 | ||||||
| overdraft | |||||||||||||||
| change in cash | 326,000 | -351,000 | -63,064,000 | 102,033,000 | -1,998,000 | 3,423,000 | -9,538,000 | -71,734,000 | 81,272,000 |
rolls-royce submarines limited Credit Report and Business Information
Rolls-royce Submarines Limited Competitor Analysis
Perform a competitor analysis for rolls-royce submarines limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mega companies, companies in DE21 area or any other competitors across 12 key performance metrics.
rolls-royce submarines limited Ownership
ROLLS-ROYCE SUBMARINES LIMITED group structure
Rolls-Royce Submarines Limited has no subsidiary companies.
Ultimate parent company
2 parents
ROLLS-ROYCE SUBMARINES LIMITED
00620485
rolls-royce submarines limited directors
Rolls-Royce Submarines Limited currently has 8 directors. The longest serving directors include Mr Steven Dearden (Jan 2012) and Mr Steven Carlier (May 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Steven Dearden | United Kingdom | 65 years | Jan 2012 | - | Director |
| Mr Steven Carlier | United Kingdom | 53 years | May 2014 | - | Director |
| Mr Paul Graham | United Kingdom | 53 years | Oct 2019 | - | Director |
| Mr Lee Warren | United Kingdom | 52 years | Dec 2021 | - | Director |
| Mr Christopher Cholerton | England | 62 years | Aug 2023 | - | Director |
| Mr Stephen Wood | United Kingdom | 41 years | Oct 2023 | - | Director |
| Mr James Cowell | United Kingdom | 50 years | Apr 2024 | - | Director |
| Mr Tony Johns | United Kingdom | 63 years | Oct 2024 | - | Director |
P&L
December 2023turnover
902.3m
+19%
operating profit
99.1m
+19%
gross margin
15.5%
+3.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
196.4m
+0.16%
total assets
622.5m
+0.29%
cash
40.4m
+0.01%
net assets
Total assets minus all liabilities
rolls-royce submarines limited company details
company number
00620485
Type
Private limited with Share Capital
industry
72190 - Other research and experimental development on natural sciences and engineering
25300 - Manufacture of steam generators, except central heating hot water boilers
incorporation date
February 1959
age
66
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
rolls-royce marine power operations limited (July 2018)
rolls-royce and associates limited (January 1999)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
atlantic house raynesway, derby, derbyshire, DE21 7BE
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
rolls-royce submarines limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to rolls-royce submarines limited.
rolls-royce submarines limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for ROLLS-ROYCE SUBMARINES LIMITED. This can take several minutes, an email will notify you when this has completed.
rolls-royce submarines limited Companies House Filings - See Documents
| date | description | view/download |
|---|
