Radmat Limited
Registered name: RADMAT LIMITED
Radmat Limited made £0 profit in the year to 31 Dec 2024 (revenue not disclosed).
Radmat Limited reported £0 profit in the year to 31 Dec 2024; its revenue was not disclosed. It had 2 employees. The company is classified under “other business support service activities” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 8 yrs · since 2018
- 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. From the filing: “Mr R Speroni is the ultimate controlling party by virtue of his directorship and shareholding.”
Key figures
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Profit only | Profit only | Profit only |
| Profit & loss | |||
| Revenue (turnover) | — | — | — |
| Cost of sales | £58.4m | £65.9m | £63.7m |
| Profit after tax | £2m | £0 | £0 |
| Profit (best available) | £2m | £0 | £0 |
| Staff costs | £0 | £0 | £0 |
| Employees (average) | 1 | 1 | 2 |
| Ratios | |||
| Profit margin | — | — | — |
| Profit per employee | £2m | £0 | £0 |
| Growth (year on year) | |||
| Profit growth | — | ▼100% | — |
| Headcount growth | — | 0% | ▲100% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £814k | £2.1m | £2.2m |
| Net assets | £18.1m | £6m | £27.6m |
| Fixed assets | £3.8m | £4.3m | £5.4m |
| Debtors | £0 | £0 | £0 |
| Deferred income | £0 | £0 | £0 |
| Cash from operations | −£3.8m | −£9.8m | −£11.8m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Oct 2025 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- £0
- 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
- ▲364%
- Now £27.6m
- Cash at bank
- ▲5%
- Now £2.2m
- Headcount
- ▲100%
- Now 2
- Deferred income
- —
- Now £0
- Fixed assets
- ▲27%
- Now £5.4m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (8)
- Radmat Building Products LimitedRev. £42.7m · Profit £3.4m
- Cooker Hire LimitedFigures not disclosed
- Instar UK LimitedFigures not disclosed
- Quantum Insulation LimitedFigures not disclosed
- Roof Giant LimitedFigures not disclosed
- Roofbase North LimitedActive - Proposal to Strike offFigures not disclosed
- Smithton Building Products LimitedFigures not disclosed
- South West Roofing Academy LimitedActive - Proposal to Strike offFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £0), from the Companies House accounts bulk data published Oct 2025. 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.