Rad Propulsion Ltd
11700102
Healthy
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 26/11/2025
Due 10/12/2026
Industry
Officers
director · Since 27/11/2018
ENGINEER
BRITISH · ENGLAND · Age 46
Also on 2 other boards
Mr Peter Ross Byford
director · Since 08/06/2026
BRITISH · UNITED KINGDOM · Age 48
corporate director · Since 20/02/2026
Reg: 06813379
Also on 109 other boards
Former
director · Resigned 31/01/2022
secretary · Resigned 20/02/2026
secretary · Resigned 20/02/2026
director · Resigned 20/02/2026
Persons with Significant Control
Former PSCs
Mr Richard Daltry
Ceased 22/10/2021
Mr Daniel Hook
Ceased 22/10/2021
Charges1 outstanding
Innovate UK Loans Limited
Change History
Active
Private Limited Company
APPLEDRAM BARNS
CHICHESTER
CompanyRankvs 773+ SIC 71122 peers73
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2025
Net Worth
£1.2M
Balance sheet strength
Cash
£714k
Cash in the bank
Net Current Assets
£2.2M
Working capital
Current Assets
£3.5M
Current Liabilities
£1.3M
Fixed Assets
£261k
Debtors
£1.1M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.78 | -£1.1M |
| 2024 | 2.92 | +£405k |
| 2023 | 3.38 | — |
Derived from filed accounts. Not audited figures.