How much does Red Engineering Design Limited make?

Red Engineering Design Limited reported revenue of £77.4m and £1.6m profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Red Engineering Design Limited have?

Red Engineering Design Limited reported an average of 380 employees in the year to 31 Dec 2024.

Is Red Engineering Design Limited profitable?

Yes — Red Engineering Design Limited reported a profit of £1.6m in the year to 31 Dec 2024.

Company No. 05299489 · Incorporated 29 Nov 2004

Red Engineering Design Limited

Registered name: RED ENGINEERING DESIGN LIMITED

Part of Engie Impact Belgium Sa group

Red Engineering Design Limited made £77.4m revenue and £1.6m profit in the year to 31 Dec 2024.

Red Engineering Design Limited’s revenue grew 11% to £77.4m in the year to 31 Dec 2024, with £1.6m profit and 380 employees. The company is classified under “other engineering activities” and is based in London; we hold 4 years of its filed accounts.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 71129Other engineering activities SIC 74100specialised design activities

Status: Active
Location: London, London
Age: 21 yrs · since 2004
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2024

Key figures

Capital-light

Revenue

£77.4m

Growth ▲10.8%

Profit

£1.6m

Growth —

Profit margin

2.1%

Gross 27.3%

Employees

380

Change 0%

Profit / employee

£4.3k

Revenue/employee £204k

Profitable streak

1yr

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022	31 Dec 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£45.9m	£56m	£69.8m	£77.4m
Cost of sales	£31.4m	£36.5m	£53.4m	£56.2m
Gross profit	£14.5m	£19.4m	£16.4m	£21.2m
Operating profit	£3.4m	−£2m	−£4.9m	£2.1m
Profit before tax	£3m	−£1.7m	−£4.9m	£2m
Profit after tax	£2.5m	−£1.8m	−£3.5m	£1.6m
Profit (best available)	£2.5m	−£1.8m	−£3.5m	£1.6m
Staff costs	£19m	£24.2m	—	—
Employees (average)	240	331	380	380
Ratios
Profit margin	5.5%	−3.2%	−5%	2.1%
Gross margin	31.5%	34.7%	23.5%	27.3%
Revenue per employee	£191k	£169k	£184k	£204k
Profit per employee	£10.5k	−£5.5k	−£9.1k	£4.3k
Growth (year on year)
Revenue growth	—	▲22.1%	▲24.7%	▲10.8%
Profit growth	—	▼171.3%	—	—
Headcount growth	—	▲37.9%	▲14.8%	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£4.8m	£5.7m	£3.9m	£2.5m
Net assets	£13.4m	£11.6m	£8.1m	£9.7m
Fixed assets	£1.1m	£2.2m	£2.1m	£1m
Current assets	£23.1m	£29.7m	£33.3m	£38m
Debtors	£7.1m	£10.5m	£13.1m	£12.6m
Deferred income	£5m	£10.5m	£9m	£14.6m
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Dec 2025	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 2.1%; Profit ÷ revenue.
Gross margin: 27.3%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £204k; Revenue ÷ average employees.
Profit per employee: £4.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 1.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 18.9%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.3%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲20%; Now £9.7m
Cash at bank: ▼36%; Now £2.5m
Headcount: 0%; Now 380
Deferred income: ▲62%; Now £14.6m
Fixed assets: ▼52%; Now £1m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Engie Impact Belgium Sa (registered outside the UK register)ultimate parent75–100%
Red Group Holdings Limited75–100%
Red Engineering Design Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (2)

Power Efficiency Holdings LimitedFigures not disclosed
Tractebel UK Engineering LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £1.6m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 13 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.