How much does Ratp Dev UK Ltd make?

Ratp Dev UK Ltd reported revenue of £4.3m and a loss of £18.8m in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Ratp Dev UK Ltd have?

Ratp Dev UK Ltd reported an average of 7 employees in the year to 31 Dec 2023.

Is Ratp Dev UK Ltd profitable?

No — Ratp Dev UK Ltd reported a loss of £18.8m in the year to 31 Dec 2023.

Company No. 07281350 · Incorporated 11 Jun 2010

Ratp Dev UK Ltd

Registered name: RATP DEV UK LTD

Ratp Dev UK Ltd made £4.3m revenue and a £18.8m loss in the year to 31 Dec 2023. read from filing text

Ratp Dev UK Ltd’s revenue grew 1% to £4.3m in the year to 31 Dec 2023, with a loss of £18.8m and 7 employees. The company is classified under “other service activities incidental to land transportation,” and is based in Guildford; we hold 2 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 52219Other service activities incidental to land transportation, n.e.c.

Status: Active
Location: Guildford, South East
Age: 16 yrs · since 2010
Type: Private Limited Company

Latest accounts · year to 31 Dec 2023

Key figures

IndependentSmall team

Revenue

£4.3m

Growth ▲0.9%

Profit

−£18.8m

Growth —

Profit margin

−440.1%

Employees

Change 0%

Profit / employee

−£2.7m

Revenue/employee £609k

Profitable streak

0yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£4.2m	£4.3m
Operating profit	−£71.1m	−£10.2m
Profit before tax	−£75.9m	−£18.8m
Profit after tax	−£75.9m	−£18.8m
Profit (best available)	−£75.9m	−£18.8m
Employees (average)	7	7
Ratios
Profit margin	−1796%	−440.1%
Revenue per employee	£604k	£609k
Profit per employee	−£10.8m	−£2.7m
Growth (year on year)
Revenue growth	—	▲0.9%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£13.3m	£13.4m
Net assets	−£138m	−£154m
Source	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: −440.1%; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £609k; Revenue ÷ average employees.
Profit per employee: −£2.7m; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: —; Now −£154m
Cash at bank: ▲1%; Now £13.4m
Headcount: 0%; Now 7
Deferred income: —; Now —
Fixed assets: —; Now —

Corporate ownership

Group structure

Subsidiaries (4)

London United Busways Trustee Company NO.3 LimitedFigures not disclosed
Metrolink Ratp Dev LimitedRev. — · Profit £56k
Quality Line Transport LimitedRev. — · Profit £62k
RDGS (Ratp Dev Global Sightseeing) LimitedFigures not disclosed

Minority corporate shareholders

Ratp (Regie Autonome Des Transports Parisiens) (registered outside the UK register)

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£18.8m), from the Companies House accounts bulk data published Dec 2024. Spotted an error? Request a correction.

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