How much does Rheinmetall Electronics UK Ltd make?

Rheinmetall Electronics UK Ltd reported revenue of £8.6m and a loss of £691k in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Rheinmetall Electronics UK Ltd have?

Rheinmetall Electronics UK Ltd reported an average of 66 employees in the year to 31 Dec 2023.

Is Rheinmetall Electronics UK Ltd profitable?

No — Rheinmetall Electronics UK Ltd reported a loss of £691k in the year to 31 Dec 2023.

Company No. 02389307 · Incorporated 25 May 1989

Rheinmetall Electronics UK Ltd

Registered name: RHEINMETALL ELECTRONICS UK LTD

Part of Rheinmetall Defence Uk Ltd group

Rheinmetall Electronics UK Ltd made £8.6m revenue and a £691k loss in the year to 31 Dec 2023. read from filing text

Rheinmetall Electronics UK Ltd’s revenue fell 1% to £8.6m in the year to 31 Dec 2023, with a loss of £691k and 66 employees. The company is classified under “other research and experimental development on natural sciences and engineering” and is based in Newport; we hold 2 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 72190Other research and experimental development on natural sciences and engineering

Status: Active
Location: Newport, South East
Age: 37 yrs · since 1989
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The immediate parent company is Rheinmetall Defence UK Limited.”

Latest accounts · year to 31 Dec 2023

Key figures

Capital-light

Revenue

£8.6m

Growth ▼1.1%

Profit

−£691k

Growth ▼189.9%

Profit margin

−8%

Gross 31%

Employees

Change ▲26.9%

Profit / employee

−£10.5k

Revenue/employee £131k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£8.7m	£8.6m
Cost of sales	£5.4m	£6m
Gross profit	£3.4m	£2.7m
Operating profit	£1.1m	−£558k
Profit before tax	£998k	−£858k
Profit after tax	£768k	−£691k
Profit (best available)	£768k	−£691k
Staff costs	£2.9m	£3.8m
Employees (average)	52	66
Ratios
Profit margin	8.8%	−8%
Gross margin	38.7%	31%
Revenue per employee	£168k	£131k
Profit per employee	£14.8k	−£10.5k
Growth (year on year)
Revenue growth	—	▼1.1%
Profit growth	—	▼189.9%
Headcount growth	—	▲26.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.7k	£40k
Net assets	£3.7m	£3m
Fixed assets	£670k	£779k
Current assets	£8.3m	£13.5m
Debtors	£2.2m	£3.6m
Deferred income	£1.9m	£944k
Source	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Jul 2024

Derived from the latest filing

How the business works

Profit margin: −8%; Profit ÷ revenue.
Gross margin: 31%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £131k; Revenue ÷ average employees.
Profit per employee: −£10.5k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 10.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 42%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▼19%; Now £3m
Cash at bank: ▲2324%; Now £40k
Headcount: ▲27%; Now 66
Deferred income: ▼51%; Now £944k
Fixed assets: ▲16%; Now £779k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Rheinmetall Defence Uk Ltd (registered outside the UK register)ultimate parent75–100%
Rheinmetall Electronics UK Ltdthis company

Bands show the share of ownership each company holds in the one below it.

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£691k), from the Companies House accounts bulk data published Jul 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.