RICO DEVELOPMENTS LTD

Dissolved Glasgow

Other information service activities n.e.c.

38 employees website.com
Information technology, telecommunications and data Other information service activities n.e.c.
R

RICO DEVELOPMENTS LTD

Other information service activities n.e.c.

Founded 20 Jan 2010 Dissolved Glasgow, Scotland 38 employees website.com
Information technology, telecommunications and data Other information service activities n.e.c.

Previous Company Names

EXCHANGELAW (460) LIMITED 20 Jan 2010 — 19 Feb 2010
EXCHANGELAW (460) LIMITED 20 Jan 2010 — 19 Feb 2010
Accounts Submitted 9 Sept 2025 Next due 30 Sept 2026 4 months remaining
Confirmation Submitted 22 Jan 2025 Next due 5 Feb 2026 4 months overdue
Net assets £-1M £11K 2023 year on year
Total assets £821K £103K 2023 year on year
Total Liabilities £2M £114K 2023 year on year
Charges None No charges registered

Contact & Details

Contact

Registered Address

Radleigh House/1 Golf Road Clarkston Glasgow G76 7HU Scotland

Telephone

0800 000 0000

Email

info@example.com

Website

www.example.com

Full company profile for RICO DEVELOPMENTS LTD (SC371462), a dissolved information technology, telecommunications and data company based in Glasgow, Scotland. Incorporated 20 Jan 2010. Other information service activities n.e.c.. 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 2023
Type Total Exemption Full
Next accounts 31 December 2024
Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2015–2023)

Cash in Bank

£115.48k

Decreased by £229.94k (-67%)

Net Assets

-£1.09M

Increased by £11.11k (+1%)

Total Liabilities

£1.91M

Decreased by £114.23k (-6%)

Turnover

N/A

Employees

38

Decreased by 3 (-7%)

Debt Ratio

233%

Increased by 14 (+6%)

Financial History

Revenue, profit, EBITDA and key financial figures

2023
Dec Year End
2022
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

Investors (7)

Investor NameInvestor SinceParticipating Rounds
Investor 1Feb 2017Seed
Investor 2Feb 2017Seed
Investor 3Mar 2021Seed

Share Capital

Share Capital

Share allotments and capital structure

5 Allotments 2,121,270 Shares £2.48m Total
Date FromShare ClassShares AllottedAmount RaisedPrice/Share
31 Jul 2023507,015£289k£0.57
25 Apr 2023702,954£401k£0.57
19 May 202155,555£100k£1.8
18 Feb 2021855,554£1.54m£1.8
4 Nov 2016192£151k£785.94

Officers

Officers

1 active 2 resigned
Status
Gavin James StirratDirectorBritishEngland501 Aug 2022Active

Shareholders

Shareholders (70)

Scottish Enterprise Glasgow
19.2%
Colin R. Brown
13.2%

Persons with Significant Control

Persons with Significant Control (0)

No PSC information available

Group Structure

Group Structure

No group structure identified

Charges

Charges

No charges registered

Properties

Properties

0 total

No related properties

Documents

Company Filings

DateCategoryDescriptionDocument
14 Nov 2025ResolutionResolutions
9 Sept 2025AccountsAnnual accounts made up to 31 Dec 2024
19 Aug 2025ResolutionResolutions
22 Jan 2025Confirmation StatementConfirmation statement made on 22 Jan 2025 with no updates
20 Aug 2024AccountsAnnual accounts made up to 31 Dec 2023
14 Nov 2025 Resolution

Resolutions

9 Sept 2025 Accounts

Annual accounts made up to 31 Dec 2024

19 Aug 2025 Resolution

Resolutions

22 Jan 2025 Confirmation Statement

Confirmation statement made on 22 Jan 2025 with no updates

20 Aug 2024 Accounts

Annual accounts made up to 31 Dec 2023

Recent Activity

Latest Activity

Resolutions

6 months ago on 14 Nov 2025

Annual accounts made up to 31 Dec 2024

8 months ago on 9 Sept 2025

Resolutions

8 months ago on 19 Aug 2025

Confirmation statement made on 22 Jan 2025 with no updates

1 years ago on 22 Jan 2025

Annual accounts made up to 31 Dec 2023

1 years ago on 20 Aug 2024