Ultra Electronics Limited

Unknown

Company number02830644

Company typeUnknown

JurisdictionUnknown

IncorporatedInvalid Date

Concentration risk

Buyer concentrationHigh risk

79%

Top 3 buyers account for 79% of total contract value

Sector concentrationHigh risk

100%

Top 2 sectors represent 100% of portfolio

Single buyer dependencyMedium risk

39%

Largest buyer (Defence Equipment and Support) represents 39% of total value

Route to marketHigh risk

100%

100% of contract value via direct award

Contract renewal windowLow risk

0 in 24mo

0 contracts due for renewal in next 24 months

New buyer acquisitionHigh risk

0 in 24mo

0 new buying relationships in last 24 months

Buyer breakdown15 buyers

Total buyers15

Top 5 concentration88%

Returning buyers15

New buyers (24 mo)0

Top buyers by contract value

Defence Equipment and Support

£24m1 contract

Ministry of Defence, Ships, Communications and Situational Awareness (CSA)

£17m5 contracts

Ministry of Defence

£8m14 contracts

Sellafield Ltd

£3m1 contract

Sector breakdown1 sectors

100%

Other

Stable

Contract value£62m

Contracts34

Buyers15

Contract patterns

Avg contract value£2m

Avg duration2yr 0mo

Renewal rate27%

Total contracts34

Awards by year

2017£4m

2018£35m

2019£6m

2020£7m

2022£5m

Buyer	Sector	Contracts	Total value	% of portfolio	Latest award
Defence Equipment and Support	Other	1	£24m	39.4%	2018-12-19
Ministry of Defence, Ships, Communications and Situational Awareness (CSA)	Other	5	£17m	26.6%	2020-04-23
Ministry of Defence	Other	14	£8m	12.7%	2022-11-08
Sellafield Ltd	Other	1	£3m	5.2%	2017-03-31
Ministry of Defence, Air Support, Air Platform Systems Project Team (APS PT)	Other	1	£3m	4.0%	2018-12-03
Ministry of Defence, Ships, Maritime Combat Systems (MCS) Team	Other	1	£2m	2.6%	2016-03-31
Ministry of Defence, Ships, Queen Elizabeth Class	Other	1	£2m	2.6%	2015-12-11
DEFENCE RELATIONSHIP MANAGEMENT	Other	1	£1m	2.2%	2018-10-10
Defence Science and Technology Laboratory	Other	1	£1m	1.9%	2022-03-24
Ministry of Defence, ISTAR, Situational Awareness Command and Control (SACC) Delivery Team	Other	2	£1m	1.7%	2017-04-27
Ministry of Defence, Air Support, Air Commodities Project Team (AC PT)	Other	1	£400k	0.6%	2019-04-03
BABCOCK INTERNATIONAL GROUP PLC	Other	1	£210k	0.3%	2016-03-01
UK SHARED BUSINESS SERVICES LIMITED	Other	2	£31k	0.0%	2022-01-19
Ministry of Defence - Defence Equipment and Support (Maritime Combat Systems - UEW)	Other	1	£0k	0.0%
CTM Portal for the NDA Shared Services Alliance	Other	1	£0k	0.0%