bae systems plc

bae systems plc Company Information

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Company Number

01470151

Industry

Manufacture of motor vehicles

 

Building of ships and floating structures

 
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Shareholders

undisclosed

Group Structure

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Contact

Registered Address

6 carlton gardens, london, SW1Y 5AD

bae systems plc Estimated Valuation

£29.9b

Pomanda estimates the enterprise value of BAE SYSTEMS PLC at £29.9b based on a Turnover of £23.1b and 1.3x industry multiple (adjusted for size and gross margin).

bae systems plc Estimated Valuation

£33.9b

Pomanda estimates the enterprise value of BAE SYSTEMS PLC at £33.9b based on an EBITDA of £3.4b and a 10.12x industry multiple (adjusted for size and gross margin).

bae systems plc Estimated Valuation

£26.4b

Pomanda estimates the enterprise value of BAE SYSTEMS PLC at £26.4b based on Net Assets of £10.6b and 2.5x industry multiple (adjusted for liquidity).

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Bae Systems Plc Overview

Bae Systems Plc is a live company located in london, SW1Y 5AD with a Companies House number of 01470151. It operates in the manufacture of weapons and ammunition sector, SIC Code 25400. Founded in December 1979, it's largest shareholder is undisclosed with a 100% stake. Bae Systems Plc is a mature, mega sized company, Pomanda has estimated its turnover at £23.1b with healthy growth in recent years.

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Bae Systems Plc Health Check

Pomanda's financial health check has awarded Bae Systems Plc a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

4 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £23.1b, make it larger than the average company (£19.2m)

£23.1b - Bae Systems Plc

£19.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (5.3%)

6% - Bae Systems Plc

5.3% - Industry AVG

production

Production

with a gross margin of 28.6%, this company has a comparable cost of product (28.6%)

28.6% - Bae Systems Plc

28.6% - Industry AVG

profitability

Profitability

an operating margin of 11.2% make it as profitable than the average company (9.8%)

11.2% - Bae Systems Plc

9.8% - Industry AVG

employees

Employees

with 89 employees, this is below the industry average (132)

89 - Bae Systems Plc

132 - Industry AVG

paystructure

Pay Structure

on an average salary of £90.9m, the company has a higher pay structure (£50.4k)

£90.9m - Bae Systems Plc

£50.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £259.3m, this is more efficient (£226.4k)

£259.3m - Bae Systems Plc

£226.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 72 days, this is later than average (45 days)

72 days - Bae Systems Plc

45 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 19 days, this is quicker than average (48 days)

19 days - Bae Systems Plc

48 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 25 days, this is less than average (93 days)

25 days - Bae Systems Plc

93 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 19 weeks, this is more cash available to meet short term requirements (8 weeks)

19 weeks - Bae Systems Plc

8 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 66.6%, this is a similar level of debt than the average (69%)

66.6% - Bae Systems Plc

69% - Industry AVG

BAE SYSTEMS PLC financials

EXPORTms excel logo

Bae Systems Plc's latest turnover from December 2023 is £23.1 billion and the company has net assets of £10.6 billion. According to their latest financial statements, Bae Systems Plc has 89 employees and maintains cash reserves of £4.1 billion as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover23,078,000,00021,258,000,00019,521,000,00019,277,000,00018,305,000,00016,821,000,00017,224,000,00017,790,000,00016,787,000,00015,430,000,00016,864,000,00016,691,000,00017,770,000,00020,980,000,00020,374,000,000
Other Income Or Grants000000000000000
Cost Of Sales16,469,569,88514,684,342,03914,781,509,35714,802,925,91113,482,056,17812,405,592,67812,635,440,47813,356,767,22212,321,756,92411,399,704,53712,506,218,28912,105,134,00112,752,066,57815,266,282,53416,299,200,000
Gross Profit6,608,430,1156,573,657,9614,739,490,6434,474,074,0894,822,943,8224,415,407,3224,588,559,5224,433,232,7784,465,243,0764,030,295,4634,357,781,7114,585,865,9995,017,933,4225,713,717,4664,074,800,000
Admin Expenses4,035,430,1154,189,657,9612,350,490,6432,544,074,0892,923,943,8222,810,407,3223,276,559,5222,691,232,7783,073,243,0762,813,295,4633,551,781,7113,071,865,9993,437,933,4224,112,717,4663,108,800,000
Operating Profit2,573,000,0002,384,000,0002,389,000,0001,930,000,0001,899,000,0001,605,000,0001,312,000,0001,742,000,0001,392,000,0001,217,000,000806,000,0001,514,000,0001,580,000,0001,601,000,000966,000,000
Interest Payable419,000,000838,000,000346,000,000478,000,000454,000,000407,000,000367,000,000479,000,000371,000,000324,000,000560,000,000855,000,0001,385,000,0001,199,000,0002,273,000,000
Interest Receivable172,000,000443,000,00067,000,000144,000,000181,000,00026,000,00024,000,000675,000,00017,000,00028,000,00099,000,000452,000,0001,218,000,00037,000,0001,573,000,000
Pre-Tax Profit2,326,000,0001,989,000,0002,110,000,0001,596,000,0001,626,000,0001,224,000,0001,073,000,0001,151,000,0001,090,000,000882,000,000422,000,0001,202,000,0001,466,000,0001,409,000,000266,000,000
Tax-386,000,000-315,000,000-198,000,000-225,000,000-94,000,000-191,000,000-216,000,000-213,000,000-147,000,000-130,000,000-246,000,000-243,000,000-206,000,000-418,000,000-327,000,000
Profit After Tax1,940,000,0001,674,000,0001,912,000,0001,371,000,0001,532,000,0001,033,000,000857,000,000938,000,000943,000,000752,000,000176,000,000959,000,0001,260,000,000991,000,000-61,000,000
Dividends Paid857,000,000802,000,000777,000,000746,000,000724,000,0000684,000,000670,000,00000638,000,000000534,000,000
Retained Profit1,000,000,000789,000,000981,000,000553,000,000752,000,0001,000,000,000143,000,000243,000,000918,000,000740,000,000-470,000,000959,000,0001,256,000,0001,081,000,000-611,000,000
Employee Costs8,091,000,0007,495,000,0006,667,000,0006,687,000,0006,417,000,0005,876,000,0005,830,000,0005,440,000,0005,052,000,0004,827,000,0005,054,000,0005,300,000,0005,356,000,0005,608,000,0005,605,000,000
Number Of Employees8983,00082,00080797876,00076,00075,00076,00078,00081,00087,00092,0000
EBITDA*3,354,000,0003,154,000,0003,114,000,0002,366,000,0002,518,000,0001,952,000,0002,047,000,0002,085,000,0001,846,000,0001,521,000,0002,199,000,0002,409,000,0002,211,000,0002,497,000,0002,566,000,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets6,881,000,0009,819,000,0007,706,000,0007,759,000,0006,015,000,0004,512,000,0004,276,000,0004,683,000,0003,634,000,0003,828,000,0003,777,000,0004,368,000,0005,255,000,0005,198,000,0005,380,000,000
Intangible Assets13,410,000,00012,644,000,00011,716,000,00011,745,000,00010,371,000,00010,658,000,00010,378,000,00011,264,000,00010,117,000,0009,983,000,0009,735,000,00010,928,000,00011,465,000,00011,216,000,00011,306,000,000
Investments & Other1,200,000,0001,271,000,0001,002,000,000785,000,000928,000,000785,000,000655,000,000760,000,000483,000,000403,000,000463,000,000454,000,000248,000,0001,042,000,000117,000,000
Debtors (Due After 1 year)2,046,000,0002,253,000,0001,656,000,0001,886,000,0001,512,000,000352,000,000387,000,000351,000,000275,000,00000254,000,000314,000,00000
Total Fixed Assets20,291,000,00020,828,000,00018,317,000,00018,124,000,00016,386,000,00015,170,000,00014,654,000,00015,947,000,00013,751,000,00013,811,000,00013,512,000,00015,296,000,00016,720,000,00016,414,000,00016,686,000,000
Stock & work in progress1,156,000,000976,000,000811,000,000858,000,000835,000,000774,000,000733,000,000744,000,000726,000,000690,000,000680,000,000655,000,000716,000,000644,000,000887,000,000
Trade Debtors4,573,000,0004,979,000,0003,714,000,0004,190,000,0004,054,000,0001,427,000,0001,664,000,0001,437,000,0002,342,000,0002,253,000,0002,540,000,000882,000,0001,141,000,0001,252,000,0003,027,000,000
Group Debtors075,000,00034,000,00069,000,000067,000,00086,000,00069,000,000092,000,00001,453,000,000234,000,000307,000,000207,000,000
Misc Debtors1,612,000,0001,112,000,0001,077,000,0001,232,000,0001,404,000,0003,683,000,0002,494,000,0001,799,000,000598,000,000505,000,000498,000,000538,000,0001,994,000,0002,000,000,000530,000,000
Cash4,067,000,0003,107,000,0002,917,000,0002,768,000,0002,587,000,0003,232,000,0003,271,000,0002,769,000,0002,537,000,0002,384,000,0002,222,000,0003,355,000,0002,141,000,0002,813,000,0003,693,000,000
misc current assets205,000,000252,000,000194,000,000189,000,000210,000,000393,000,000135,000,000211,000,000129,000,00053,000,000229,000,00095,000,000155,000,000600,000,000459,000,000
total current assets11,773,000,00010,634,000,0008,818,000,0009,406,000,0009,244,000,0009,576,000,0008,383,000,0007,029,000,0006,332,000,0005,977,000,0006,169,000,0006,978,000,0006,381,000,0007,616,000,0008,803,000,000
total assets32,064,000,00031,462,000,00027,135,000,00027,530,000,00025,630,000,00024,746,000,00023,037,000,00022,976,000,00020,083,000,00019,788,000,00019,681,000,00022,274,000,00023,101,000,00024,030,000,00025,489,000,000
Bank overdraft679,000,00000467,000,0000785,000,0007,000,0000237,000,000482,000,000402,000,00021,000,000518,000,00011,000,00015,000,000
Bank loan000000000000000
Trade Creditors 866,000,000839,000,000697,000,000697,000,000675,000,000703,000,000596,000,000707,000,0004,013,000,0004,312,000,000651,000,000710,000,000966,000,0001,114,000,0001,063,000,000
Group/Directors Accounts000000000000000
other short term finances053,000,000457,000,0000377,000,00007,000,000000000909,000,000526,000,000
hp & lease commitments147,000,000241,000,000212,000,000236,000,000238,000,0000000000006,000,000
other current liabilities9,251,000,0008,713,000,0007,330,000,0007,983,000,0007,843,000,0007,797,000,0006,984,000,0006,592,000,0002,903,000,0003,251,000,0007,392,000,0008,186,000,0008,791,000,0009,624,000,00010,529,000,000
total current liabilities10,943,000,0009,846,000,0008,696,000,0009,383,000,0009,133,000,0009,285,000,0007,594,000,0007,299,000,0007,153,000,0008,045,000,0008,445,000,0008,917,000,00010,275,000,00011,658,000,00012,139,000,000
loans11,637,000,00013,400,000,00011,676,000,00012,236,000,0008,499,000,0007,132,000,0008,271,000,0008,952,000,0007,622,000,0005,815,000,0002,583,000,0006,000,000,0007,429,000,0004,521,000,0005,941,000,000
hp & lease commitments1,273,000,0001,375,000,0001,083,000,0001,020,000,0001,116,000,0000000000000
Accruals and Deferred Income1,212,000,0001,056,000,000851,000,0000584,000,0000787,000,000300,000,000121,000,00045,000,00039,000,00046,000,000267,000,000174,000,0000
other liabilities2,337,000,0001,330,000,000916,000,0001,688,000,000897,000,0001,461,000,000936,000,000727,000,000899,000,000887,000,0001,121,000,0001,435,000,000304,000,000520,000,000522,000,000
provisions1,834,000,0001,988,000,0006,030,000,00010,558,000,00010,284,000,0009,528,000,0009,526,000,00013,318,000,00010,122,000,00011,974,000,0008,150,000,00010,138,000,0001,054,000,0007,774,000,00010,128,000,000
total long term liabilities10,398,000,00010,216,000,00010,771,000,00013,226,000,00010,986,000,0009,843,000,00010,688,000,00012,213,000,0009,928,000,0009,866,000,0007,818,000,0009,583,000,0008,527,000,0006,969,000,0008,687,000,000
total liabilities21,341,000,00020,062,000,00019,467,000,00022,609,000,00020,119,000,00019,128,000,00018,282,000,00019,512,000,00017,081,000,00017,911,000,00016,263,000,00018,500,000,00018,802,000,00018,627,000,00020,826,000,000
net assets10,559,000,00011,215,000,0007,436,000,0004,643,000,0005,407,000,0005,546,000,0004,712,000,0003,438,000,0002,989,000,0001,842,000,0003,381,000,0003,720,000,0004,240,000,0005,403,000,0004,591,000,000
total shareholders funds10,559,000,00011,215,000,0007,436,000,0004,643,000,0005,407,000,0005,546,000,0004,712,000,0003,438,000,0002,989,000,0001,842,000,0003,381,000,0003,720,000,0004,240,000,0005,403,000,0004,591,000,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit2,573,000,0002,384,000,0002,389,000,0001,930,000,0001,899,000,0001,605,000,0001,312,000,0001,742,000,0001,392,000,0001,217,000,000806,000,0001,514,000,0001,580,000,0001,601,000,000966,000,000
Depreciation344,000,000551,000,000517,000,000299,000,000506,000,000269,000,000266,000,000260,000,000272,000,000304,000,000317,000,000669,000,000319,000,000379,000,0001,600,000,000
Amortisation437,000,000219,000,000208,000,000137,000,000113,000,00078,000,000469,000,00083,000,000182,000,00001,076,000,000226,000,000312,000,000517,000,0000
Tax-386,000,000-315,000,000-198,000,000-225,000,000-94,000,000-191,000,000-216,000,000-213,000,000-147,000,000-130,000,000-246,000,000-243,000,000-206,000,000-418,000,000-327,000,000
Stock180,000,000165,000,000-47,000,00023,000,00061,000,00041,000,000-11,000,00018,000,00036,000,00010,000,00025,000,000-61,000,00072,000,000-243,000,000887,000,000
Debtors-188,000,0001,938,000,000-896,000,000407,000,0001,441,000,000898,000,000975,000,000441,000,000365,000,000-188,000,000-89,000,000-556,000,000124,000,000-205,000,0003,764,000,000
Creditors27,000,000142,000,000022,000,000-28,000,000107,000,000-111,000,000-3,306,000,000-299,000,0003,661,000,000-59,000,000-256,000,000-148,000,00051,000,0001,063,000,000
Accruals and Deferred Income694,000,0001,588,000,000198,000,000-444,000,000630,000,00026,000,000879,000,0003,868,000,000-272,000,000-4,135,000,000-801,000,000-826,000,000-740,000,000-731,000,00010,529,000,000
Deferred Taxes & Provisions-154,000,000-4,042,000,000-4,528,000,000274,000,000756,000,0002,000,000-3,792,000,0003,196,000,000-1,852,000,0003,824,000,000-1,988,000,0009,084,000,000-6,720,000,000-2,354,000,00010,128,000,000
Cash flow from operations3,543,000,000-1,576,000,000-471,000,0001,563,000,0002,280,000,000957,000,000-2,157,000,0005,171,000,000-1,125,000,0004,919,000,000-831,000,00010,785,000,000-5,799,000,000-507,000,00019,308,000,000
Investing Activities
capital expenditure1,391,000,000-3,811,000,000-643,000,000-3,554,000,000-1,835,000,000-863,000,000558,000,000-2,539,000,000-394,000,000-603,000,000391,000,000529,000,000-937,000,000-624,000,000-18,286,000,000
Change in Investments-71,000,000269,000,000217,000,000-143,000,000143,000,000130,000,000-105,000,000277,000,00080,000,000-60,000,0009,000,000206,000,000-794,000,000925,000,000117,000,000
cash flow from investments1,462,000,000-4,080,000,000-860,000,000-3,411,000,000-1,978,000,000-993,000,000663,000,000-2,816,000,000-474,000,000-543,000,000382,000,000323,000,000-143,000,000-1,549,000,000-18,403,000,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans -53,000,000-404,000,000457,000,000-377,000,000377,000,000-7,000,0007,000,00000000-909,000,000383,000,000526,000,000
Long term loans-1,763,000,0001,724,000,000-560,000,0003,737,000,0001,367,000,000-1,139,000,000-681,000,0001,330,000,0001,807,000,0003,232,000,000-3,417,000,000-1,429,000,0002,908,000,000-1,420,000,0005,941,000,000
Hire Purchase and Lease Commitments-196,000,000321,000,00039,000,000-98,000,0001,354,000,00000000000-6,000,0006,000,000
other long term liabilities1,007,000,000414,000,000-772,000,000791,000,000-564,000,000525,000,000209,000,000-172,000,00012,000,000-234,000,000-314,000,0001,131,000,000-216,000,000-2,000,000522,000,000
share issue-1,656,000,0002,990,000,0001,812,000,000-1,317,000,000-891,000,000-166,000,0001,131,000,000206,000,000229,000,000-2,279,000,000131,000,000-1,479,000,000-2,419,000,000-269,000,0005,202,000,000
interest-247,000,000-395,000,000-279,000,000-334,000,000-273,000,000-381,000,000-343,000,000196,000,000-354,000,000-296,000,000-461,000,000-403,000,000-167,000,000-1,162,000,000-700,000,000
cash flow from financing-2,908,000,0004,650,000,000697,000,0002,402,000,0001,370,000,000-1,168,000,000323,000,0001,560,000,0001,694,000,000423,000,000-4,061,000,000-2,180,000,000-803,000,000-2,476,000,00011,497,000,000
cash and cash equivalents
cash960,000,000190,000,000149,000,000181,000,000-645,000,000-39,000,000502,000,000232,000,000153,000,000162,000,000-1,133,000,0001,214,000,000-672,000,000-880,000,0003,693,000,000
overdraft679,000,0000-467,000,000467,000,000-785,000,000778,000,0007,000,000-237,000,000-245,000,00080,000,000381,000,000-497,000,000507,000,000-4,000,00015,000,000
change in cash281,000,000190,000,000616,000,000-286,000,000140,000,000-817,000,000495,000,000469,000,000398,000,00082,000,000-1,514,000,0001,711,000,000-1,179,000,000-876,000,0003,678,000,000

bae systems plc Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Bae Systems Plc Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for bae systems plc by selecting its closest rivals, whether from the MANUFACTURING sector, other mega companies, companies in SW1Y area or any other competitors across 12 key performance metrics.

bae systems plc Ownership

BAE SYSTEMS PLC group structure

Bae Systems Plc has 36 subsidiary companies.

Ultimate parent company

BAE SYSTEMS PLC

01470151

36 subsidiaries

BAE SYSTEMS PLC Shareholders

undisclosed 100%

bae systems plc directors

Bae Systems Plc currently has 13 directors. The longest serving directors include Ms Elizabeth Corley (Feb 2016) and Mr Charles Woodburn (May 2016).

officercountryagestartendrole
Ms Elizabeth CorleyUnited Kingdom68 years Feb 2016- Director
Mr Charles WoodburnUnited Kingdom53 years May 2016- Director
Ms Nicole PiaseckiUnited Kingdom62 years Jun 2019- Director
Mr Stephen PearceUnited Kingdom60 years Jun 2019- Director
Mr Bradley Greve57 years Apr 2020- Director
Mr Bradley GreveUnited Kingdom57 years Apr 2020- Director
Mr Thomas ArseneaultUnited Kingdom61 years Apr 2020- Director
Dr Jane Griffiths69 years Apr 2020- Director
Mr Nicholas AndersonEngland64 years Nov 2020- Director
Dr Ewan KirkEngland63 years Jun 2021- Director

P&L

December 2023

turnover

23.1b

+9%

operating profit

2.6b

+8%

gross margin

28.7%

-7.4%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

10.6b

-0.06%

total assets

32.1b

+0.02%

cash

4.1b

+0.31%

net assets

Total assets minus all liabilities

bae systems plc company details

company number

01470151

Type

Public limited with Share Capital

industry

29100 - Manufacture of motor vehicles

30110 - Building of ships and floating structures

25400 - Manufacture of weapons and ammunition

incorporation date

December 1979

age

46

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

December 2023

previous names

british aerospace public limited company (May 2000)

british aerospace limited (December 1981)

accountant

-

auditor

DELOITTE LLP

address

6 carlton gardens, london, SW1Y 5AD

Bank

BARCLAYS BANK PLC, BARCLAYS BANK PLC, BARCLAYS BANK PLC

Legal Advisor

-

bae systems plc 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 found 51 charges/mortgages relating to bae systems plc. Currently there are 5 open charges and 46 have been satisfied in the past.

bae systems plc 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 BAE SYSTEMS PLC. This can take several minutes, an email will notify you when this has completed.

bae systems plc Companies House Filings - See Documents

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