Kirintec Limited
Registered name: KIRINTEC LIMITED
Part of Bae Systems PLC groupKirintec Limited made £66.8m revenue and £33.6m profit in the year to 31 Dec 2024.
Kirintec Limited’s revenue was £66.8m in the year to 31 Dec 2024, with £33.6m profit. The company is classified under “manufacture of communication equipment other than telegraph, and telephone apparatus and equipment” and is based in Ross-on-Wye; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Ross-on-Wye, West Midlands
- Age
- 18 yrs · since 2008
- 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 company is controlled by R P Peers-Smith who owns 94% of the issued share capital of the company.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Profit only | Profit only | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | — | £66.8m |
| Cost of sales | £6.8m | £25.2m | −£31m |
| Gross profit | £18.5m | £32.1m | £35.8m |
| Operating profit | — | — | £26.6m |
| Profit before tax | — | — | £26.3m |
| Profit after tax | £12.4m | £21.8m | £33.6m |
| Profit (best available) | £12.4m | £21.8m | £33.6m |
| Staff costs | £1.8m | £2.1m | — |
| Employees (average) | 36 | 38 | — |
| Ratios | |||
| Profit margin | — | — | 50.3% |
| Gross margin | — | — | 53.6% |
| Profit per employee | £344k | £574k | — |
| Growth (year on year) | |||
| Profit growth | — | ▲76.3% | ▲54% |
| Headcount growth | — | ▲5.6% | — |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £15m | £19.7m | — |
| Net assets | £25.8m | £46.9m | — |
| Fixed assets | £5.2m | £10.8m | — |
| Current assets | £27.2m | £50.3m | — |
| Debtors | £3.5m | £20.1m | — |
| Deferred income | £981k | £2.9m | — |
| Cash from operations | −£9.1m | −£12.8m | — |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | Accounts · bulk data Oct 2025 |
How the business works
- Profit margin
- 50.3%
- Profit ÷ revenue.
- Gross margin
- 53.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Bae Systems PLCultimate parent75–100%
- Bae Systems (Holdings) Limited75–100%
- Kirintec Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Nexus Defence LimitedLiquidationFigures not disclosed
Sister companies (30)
- Alvis LimitedFigures not disclosed
- Bae Systems (Corporate Air Travel) LimitedFigures not disclosed
- Bae Systems (Defence Systems) LimitedFigures not disclosed
- Bae Systems (Dynamics) LimitedFigures not disclosed
- Bae Systems (Farnborough 3) LimitedFigures not disclosed
- Bae Systems (Finance) LimitedFigures not disclosed
- Bae Systems (Funding Two) LimitedFigures not disclosed
- Bae Systems (International) LimitedFigures not disclosed
- Bae Systems (Land and Sea Systems) LimitedFigures not disclosed
- Bae Systems (Meh) LimitedFigures not disclosed
- Bae Systems (Military Air) Overseas LimitedFigures not disclosed
- Bae Systems (Oman) LimitedFigures not disclosed
- Bae Systems (Overseas Holdings) LimitedFigures not disclosed
- Bae Systems (Property Investments) LimitedFigures not disclosed
- Bae Systems Electronic Systems (Overseas) LimitedFigures not disclosed
- Bae Systems Enterprises LimitedFigures not disclosed
- Bae Systems GCS International LimitedFigures not disclosed
- Bae Systems Global Combat Systems Munitions LimitedFigures not disclosed
- Bae Systems Marine (Holdings) LimitedFigures not disclosed
- Bae Systems Services LimitedFigures not disclosed
- Bae Systems Surface Ships (Holdings) LimitedFigures not disclosed
- Callen-Lenz Associates LimitedRev. — · Profit £4.1m
- Detica Group LimitedFigures not disclosed
- In-Space Missions LimitedFigures not disclosed
- Malloy Aeronautics LimitedFigures not disclosed
- Mes IntercoLiquidationFigures not disclosed
- Prismatic LtdFigures not disclosed
- Pulse Power and Measurement LimitedFigures not disclosed
- Stewart & Stevenson TVS UK LtdFigures not disclosed
- TMB International Logistics LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit £33.6m), from the Companies House accounts bulk data published Oct 2025. Spotted an error? Request a correction.
Updated from Companies House on 24 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.