Radical22 Limited
Registered name: RADICAL22 LIMITED
Radical22 Limited made £30.7m revenue and £17.6m profit in the year to 31 Dec 2025.
Radical22 Limited’s revenue grew 32% to £30.7m in the year to 31 Dec 2025, with £17.6m profit. The company is classified under “artistic creation” and is based in London; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 12 yrs · since 2014
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|---|
| Disclosure | No P&L | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | — | £14.7m | £18.7m | £23.3m | £30.7m |
| Cost of sales | — | £765k | £3.9m | £3.9m | −£6.1m |
| Gross profit | — | £13.9m | £14.8m | £19.3m | £24.6m |
| Operating profit | — | £12.7m | £12.2m | £16.5m | £21.4m |
| Profit before tax | — | £11.7m | £13.8m | £19m | £23.4m |
| Profit after tax | — | £9.6m | £10.4m | £14.2m | £17.6m |
| Profit (best available) | — | £9.6m | £10.4m | £14.2m | £17.6m |
| Employees (average) | 2 | 4 | 6 | 6 | — |
| Ratios | |||||
| Profit margin | — | 65.3% | 55.9% | 60.9% | 57.4% |
| Gross margin | — | 94.8% | 79.1% | 83.1% | 80.1% |
| Revenue per employee | — | £3.7m | £3.1m | £3.9m | — |
| Profit per employee | — | £2.4m | £1.7m | £2.4m | — |
| Cash conversion | — | −16.9% | −33.1% | −130.2% | — |
| Growth (year on year) | |||||
| Revenue growth | — | — | ▲27.2% | ▲24.6% | ▲32% |
| Profit growth | — | — | ▲8.8% | ▲35.7% | ▲24.4% |
| Headcount growth | — | ▲100% | ▲50% | 0% | — |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £16.4m | £9.8m | £13.5m | £22.3m | — |
| Net assets | £21.7m | £29.9m | £41.7m | £55.8m | — |
| Fixed assets | £10.9m | £15.4m | £15.9m | £23.1m | — |
| Current assets | £25.3m | £25.1m | £39.2m | £48.2m | — |
| Debtors | £5.1m | £1.5m | £3.6m | £2.6m | — |
| Deferred income | — | £9.2m | £9.3m | £6m | — |
| Cash from operations | — | −£2.2m | −£4.1m | −£21.5m | — |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Dec 2025 | Accounts · bulk data Oct 2026 |
How the business works
- Profit margin
- 57.4%
- Profit ÷ revenue.
- Gross margin
- 80.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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.
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 —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Similar profitable businesses
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- £24.4m
- Profit
- £1.4m
- Staff
- 60
- HP West End LimitedLondon · Artistic creation
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- Profit
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- Hat Trick Productions LimitedLondon · Artistic creation
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- Profit
- £13.2m
- Staff
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- Nimax Theatres LimitedLondon · Artistic creation
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- Profit
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- Shutterstock (UK) LtdLondon · Artistic creation
- Revenue
- £14.4m
- Profit
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- Live Business Group LimitedLondon · Artistic creation
- Revenue
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- Profit
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- Staff
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Sources
Latest figures from accounts for the year to 31 Dec 2025 (profit £17.6m), from the Companies House accounts bulk data published Oct 2026. Spotted an error? Request a correction.
Updated from Companies House on 22 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.