Company Overview
Qinetiq Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 25 June 1999, so this is a well established company. Qinetiq Limited has been in business for 26 years and 9 months. The accounts status is full and the accounts are next due on Thursday 31 December 2026.
Registered Address

Cody Technology Park, Ively Road, Farnborough, Hampshire, GU14 0LX
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Companies House Data
Company NameQINETIQ LIMITED
Company Number03796233
Registered Office AddressCody Technology Park
 Ively Road
 GU14 0LX
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date25/06/1999
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2026
Accounts Last Made Up Date31/03/2025
Accounts Account CategoryFULL
Returns Next Due Date05/10/2016
Returns Last Made Up Date07/09/2015
Directors & Members
Show Resigned
Heather Cashin - Director
(British, 46 years old, born August 1980)
Appointed 06 September 2022
 Active
Martin Cooper - Director
(British, 52 years old, born November 1974)
Appointed 25 October 2024
 Active
James Field - Director
(British, 51 years old, born October 1975)
Appointed 28 July 2022
 Active
Grant Minnican - Director
(British, 57 years old, born March 1969)
Appointed 06 September 2022
 Active
Peter Montague-Fuller - Director
(British, 58 years old, born February 1968)
Appointed 23 March 2021
 Active
Secretaries
Show Resigned
James Field - Secretary
Appointed 28 July 2022
 Active
Other Company Directorships
Heather Cashin
BJ TRUSTEE LIMITED
CUESIM LIMITED
GRAPHICS RESEARCH CORPORATION LIMITED
GYLDAN 11 LIMITED
LEADING TECHNOLOGY LIMITED
METRIX UK LIMITED
PRECIS (2188) LIMITED
QINETIQ GROUP HOLDINGS LIMITED
QINETIQ HOLDINGS LIMITED
QINETIQ OVERSEAS HOLDINGS LIMITED
QINETIQ OVERSEAS TRADING LIMITED
QINETIQ TARGET SERVICES LIMITED
QINETIQ TARGET SYSTEMS LIMITED
SENSOPTICS LIMITED
Martin Cooper
BAE SYSTEMS 2000 PENSION PLAN TRUSTEES LIMITED
BAE SYSTEMS DEPLOYED SYSTEMS LIMITED
BAE SYSTEMS INTEGRATED SYSTEM TECHNOLOGIES (OVERSEAS) LIMITED
BAE SYSTEMS INTEGRATED SYSTEM TECHNOLOGIES LIMITED
BAE SYSTEMS PROJECT SERVICES LIMITED
BAE SYSTEMS SURFACE SHIPS INTEGRATED SUPPORT LIMITED
BAE SYSTEMS SURFACE SHIPS LIMITED
BAE SYSTEMS SURFACE SHIPS MARITIME LIMITED
BAE SYSTEMS SURFACE SHIPS SUPPORT LIMITED
EASTWOOD TREASURY COMPANY LIMITED
FAST HOLDINGS LIMITED
QINETIQ GROUP HOLDINGS LIMITED
QINETIQ GROUP PLC
QINETIQ HOLDINGS LIMITED
QINETIQ OVERSEAS HOLDINGS LIMITED
QINETIQ OVERSEAS TRADING LIMITED
James Field
BJ TRUSTEE LIMITED
CUESIM LIMITED
GRAPHICS RESEARCH CORPORATION LIMITED
GYLDAN 11 LIMITED
LEADING TECHNOLOGY LIMITED
METRIX UK LIMITED
PRECIS (2187) LIMITED
PRECIS (2188) LIMITED
QINETIC LIMITED
QINETIQ ESTATES LIMITED
QINETIQ GP LIMITED
QINETIQ GROUP HOLDINGS LIMITED
QINETIQ HOLDINGS LIMITED
QINETIQ OVERSEAS HOLDINGS LIMITED
QINETIQ OVERSEAS TRADING LIMITED
QINETIQ TARGET SERVICES LIMITED
SENSOPTICS LIMITED
Grant Minnican
NAIMURI LIMITED
QINETIQ ESTATES LIMITED
QINETIQ GP LIMITED
QINETIQ PENSION SCHEME TRUSTEE LIMITED
QINETIQ TARGET SERVICES LIMITED
QINETIQ TRAINING AND SIMULATION LIMITED
Peter Montague-Fuller
QINETIC LIMITED
QINETIQ ESTATES LIMITED
QINETIQ GP LIMITED
QINETIQ GROUP HOLDINGS LIMITED
QINETIQ HOLDINGS LIMITED
QINETIQ OVERSEAS HOLDINGS LIMITED
QINETIQ OVERSEAS TRADING LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2016 31-Mar-2015
Balance Sheet
Fixed Assets 237,200,000 237,200,000 233,400,000
Current Assets 732,500,000 732,500,000 643,100,000
Creditors Due Within One Year 370,800,000 370,800,000 333,100,000
Working Cap 361,700,000 361,700,000 310,000,000
Total Assets Less Current Liabilities 598,900,000 598,900,000 543,400,000
Long-term Liabilities 85,100,000 85,100,000 144,800,000
Net Assets 513,800,000 513,800,000 398,600,000
Share Capital & Reserves
Share Cap 200,000,000 200,000,000 200,000,000
Profit & Loss Reserves 313,800,000 313,800,000 198,500,000
Other Reserves 0 0 100,000
Shareholders Funds 513,800,000 513,800,000 398,600,000
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2016 31-Mar-2015
Tangible Fixed Assets - - -
Fixed Assets 24.5% 24.5% 26.6%
Stocks Inventory 0.4% 0.4% 0.6%
Debtors 9.1% 9.1% 11.7%
Cash Bank In Hand 24.8% 24.8% 18.4%
Current Assets 75.5% 75.5% 73.4%
Creditors Due Within One Year 38.2% 38.2% 38.0%
Net Current Assets Liabilities 37.3% 37.3% 35.4%
Creditors Due After One Year 8.8% 8.8% 16.5%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 53.0% 53.0% 45.5%
Called Up Share Capital 20.6% 20.6% 22.8%
Share Capital Allotted Called Up Paid 20.6% 20.6% 22.8%
Profit Loss Account Reserve 32.4% 32.4% 22.6%
Shareholder Funds 53.0% 53.0% 45.5%
Capital Employed - - -
Total Assets Less Current Liabilities 61.8% 61.8% 62.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2016 31-Mar-2015
Liquidity Ratio 2.0 2.0 1.9
Solvency Ratio 2.1 2.1 1.8
Reserves to Assets 0.3 0.3 0.2
Secured Creditors Unlock full report
Mortgages Charges 6
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 6
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2016 31-Mar-2015
Assets 969,700,000 969,700,000 876,500,000
Debt 455,900,000 455,900,000 477,900,000
Net Assets/Debt 513,800,000 513,800,000 398,600,000

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet indicates the substantial net assets of a large company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet indicates the substantial net assets of a large company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet indicates the substantial net assets of a large company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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RED TAPIR LIMITED
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VIZEXON LIMITED
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TOP FINANCIAL DEALS LIMITED
X92 Cody Technology Park, Old Ively Road, Farnborough, GU14 0LX
TEQURA LTD
C/O SIMPLICITY AI CODY TECHNOLOGY PARK, OLD IVELY ROAD, FARNBOROUGH, HAMPSHIRE, GU14 0LX
GYLDAN 4 LIMITED
Cody Technology Park, Ively Road, Farnborough, Hampshire, GU14 0LX
GYLDAN 5 LIMITED
Cody Technology Park, Ively Road, Farnborough, Hampshire, GU14 0LX
Document Filings
Confirmation statement made on 7 September 2025 with no updates
Appointment of Martin Cooper as a director on 25 October 2024
Confirmation statement made on 7 September 2024 with no updates
Termination of appointment of Caroline Borg as a director on 16 April 2024
Confirmation statement made on 7 September 2023 with no updates
Director's details changed for James Stephen Field on 17 April 2023
Confirmation statement made on 7 September 2022 with no updates
Appointment of Mrs Heather Anne Cashin as a director on 6 September 2022
Appointment of Mr Grant Clarke Minnican as a director on 6 September 2022
Termination of appointment of Malcolm Andrew Coffin as a director on 11 August 2022
Termination of appointment of Jon Messent as a director on 28 July 2022
Termination of appointment of Jon Messent as a secretary on 28 July 2022
Appointment of James Stephen Field as a director on 28 July 2022
Appointment of James Stephen Field as a secretary on 28 July 2022
Appointment of Ms Caroline Borg as a director on 25 November 2021
Termination of appointment of David Miles Smith as a director on 25 November 2021
Confirmation statement made on 7 September 2021 with no updates
Director's details changed for Mr David Miles Smith on 13 July 2021
Termination of appointment of Stephen Webster as a director on 30 April 2021
Appointment of Peter Malcolm Montague-Fuller as a director on 23 March 2021
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