RAD PROPULSION LTD

11700102
Active Chichester

Engineering related scientific and technical consulting activities

23 employees website.com
Travel and transportation Engineering related scientific and technical consulting activities
R

RAD PROPULSION LTD

11700102

Engineering related scientific and technical consulting activities

Founded 27 Nov 2018 Active Chichester, England 23 employees website.com
Travel and transportation Engineering related scientific and technical consulting activities
Accounts Due 30 Sept 2026 3 months remaining
Confirmation
Net assets £2M £405K 2024 year on year
Total assets £3M £825K 2024 year on year
Total Liabilities £1M £420K 2024 year on year
Charges 1
1 outstanding

Contact & Details

Contact

Registered Address

Appledram Barns Birdham Road Chichester PO20 7EQ England

Telephone

0800 000 0000

Email

info@example.com

Website

www.example.com

Full company profile for RAD PROPULSION LTD (11700102), an active travel and transportation company based in Chichester, England. Incorporated 27 Nov 2018. Engineering related scientific and technical consulting activities. View financials, directors, shareholders, and filings.

Business Summary

This company specializes in providing innovative solutions and services across multiple sectors.

Products & Services

consulting software analytics integration

Reports

Credit Report

In-depth credit score, financial analysis, risk assessment and company intelligence.

Financials

Financials

Period 1 Jan → 31 Dec 2024
Type total-exemption-full
Next accounts 31 Dec 2025
Due by 30 Sept 2026 3 months remaining

Net Assets, Total Assets & Total Liabilities (2019–2024)

Cash in Bank

£512.30k

Decreased by £707.24k (-58%)

Net Assets

£2.24M

Increased by £404.99k (+22%)

Total Liabilities

£1.18M

Increased by £419.89k (+55%)

Turnover

N/A

Employees

23

Increased by 8 (+53%)

Debt Ratio

34%

Increased by 5 (+17%)

Financial History

Revenue, profit, EBITDA and key financial figures

2024
31 Dec Year End
2023
31 Dec Year End
P&L
Revenue
£142.3M
£128.7M
Gross Profit
£48.2M
£43.1M
Operating Profit
£22.4M
£19.8M
Net Profit
£18.1M
£15.9M
EBITDA
£31.5M
£28.2M
Assets
Cash
£24.7M
£21.3M
Total Assets
£89.4M
£82.1M
Liabilities
Total Liabilities
£45.2M
£41.8M
Key Metrics
Employees
1,247
1,156
Latest Revenue
£142.3M
Latest EBITDA
£31.5M
Cash Position
£24.7M

Funding

Fundraising & Grants

Funding Rounds 3
Grants 3

Investors (4)

Investor NameInvestor SinceParticipating Rounds
Investor 3Feb 2024Strategic Investment
Investor 1Jun 2024Venture - Series Unknown, Strategic Investment
Investor 2Jun 2024Strategic Investment

Share Capital

Share Capital

Share allotments and capital structure

18 Allotments 1,527,419 Shares £8.50m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
20 Apr 202672,464£6.9£6.9
30 Mar 202637,756£261k£6.9
20 Feb 202617,927£99k£5.52
20 Feb 2026289,337£2.00m£6.9
14 Oct 202527,128£205k£7.557

Officers

Officers

1 active 2 resigned
Status
Daniel James HookDirectorBritishEngland4627 Nov 2018Active

Shareholders

Shareholders (23)

Daniel Hook
13.9%
313,766
Richard Daltry
13.9%
313,766

Persons with Significant Control

Persons with Significant Control (0)

0 Active 2 Ceased

Richard Daltry

Ceased 22 Oct 2021

Ceased

Daniel Hook

Ceased 22 Oct 2021

Ceased

Group Structure

Group Structure

No group structure identified

Charges

Charges

1 outstanding

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
8 Jun 2026OfficersAppointment of Peter Ross Byford as director on 8 Jun 2026
24 Apr 2026MortgageMortgage Create With Deed With Charge Number Charge Creation Date
21 Apr 2026CapitalAllotment of shares (GBP 267.0786) on 20 Apr 2026
19 Apr 2026ResolutionResolutions
2 Apr 2026CapitalAllotment of shares (GBP 259.8322) on 30 Mar 2026
8 Jun 2026 Officers

Appointment of Peter Ross Byford as director on 8 Jun 2026

24 Apr 2026 Mortgage

Mortgage Create With Deed With Charge Number Charge Creation Date

21 Apr 2026 Capital

Allotment of shares (GBP 267.0786) on 20 Apr 2026

19 Apr 2026 Resolution

Resolutions

2 Apr 2026 Capital

Allotment of shares (GBP 259.8322) on 30 Mar 2026

Recent Activity

Latest Activity

Appointment of Peter Ross Byford as director on 8 Jun 2026

1 weeks ago on 8 Jun 2026

Mortgage Create With Deed With Charge Number Charge Creation Date

1 months ago on 24 Apr 2026

Allotment of shares (GBP 267.0786) on 20 Apr 2026

2 months ago on 21 Apr 2026

Resolutions

2 months ago on 19 Apr 2026

Allotment of shares (GBP 259.8322) on 30 Mar 2026

2 months ago on 2 Apr 2026