Elbit Systems Uk Limited

Elbit Systems UK Limited, based in London, is a large holding company with an active status, having been incorporated twenty years ago in September 2004. The company, which employs 153 people, holds assets valued at £123,960,554. While it has a registered address, it’s likely a virtual one, as twenty-two companies share the same location. Five directors and one owner oversee the operations, with the owner list having changed nine years ago.

The company operates in the activities of head offices industries and is a regular importer and exporter of electrical machinery and equipment, with 103 months of import activity and 23 months of export activity. Its website showcases a broad range of capabilities, from air and space defense systems to cyber security and training solutions. It’s clear that Elbit Systems UK Limited is a key part of a larger international group, with its website prominently featuring the Elbit Systems Ltd parent company. The company also owns several subsidiaries, including Uav Engines Limited and Affinity Flying Training Services Limited.

Financially, Elbit Systems UK Limited shows a complex picture. Current assets have increased by a significant 48%, reaching £120 million, while net assets have grown by 11% to £51 million. However, administrative expenses have skyrocketed by an incredible 7000%, jumping to £36 million – a potentially concerning trend. Bank borrowings have also increased substantially, rising by 36% to £46 million. Cash bank on hand, however, has decreased by 92%, dropping to just £190,000. Creditors have increased by 57%, reaching £100 million, and trade debtors have increased by 37%, reaching £53 million.

The company’s auditors, Edwards, have issued an unqualified opinion on the financial statements. While the growth in assets and net assets is positive, the sharp increase in administrative expenses warrants further investigation. It’s possible this reflects increased investment in new technologies or expansion of operations, but it could also indicate inefficiencies. The company’s reliance on current financial instruments is notable, and the decrease in cash reserves suggests a need to manage liquidity carefully. The company’s growth is impressive, but it’s important to monitor these trends closely to ensure long-term financial health.

Registered in England/Wales under the registration number 05241591, with a registered address at WC2B 6SR, England, London, 77 Kingsway.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.