Radical22 Live LLP
Registered name: RADICAL22 LIVE LLP
Radical22 Live LLP made £45.6m revenue and £6.2m profit in the year to 31 Mar 2025.
Radical22 Live LLP’s revenue grew 439% to £45.6m in the year to 31 Mar 2025, with £6.2m profit and 0 employees. The company is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 10 yrs · since 2016
- Type
- Limited Liability Partnership
Partnership. Profit is shown before the partners' own pay, so margins aren't comparable with a limited company. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £24.5m | £51.6m | £8.5m | £45.6m |
| Cost of sales | £15.9m | £31.3m | £6.2m | £38.6m |
| Gross profit | £8.6m | £20.3m | £2.2m | £7.1m |
| Operating profit | £8.9m | £21.7m | £1.6m | £5.9m |
| Profit after tax | £8.9m | £21.8m | £1.8m | £6.2m |
| Profit (best available) | £8.9m | £21.8m | £1.8m | £6.2m |
| Employees (average) | 0 | 0 | 0 | 0 |
| Ratios | ||||
| Profit margin | 36.3% | 42.3% | 20.8% | 13.5% |
| Gross margin | 35.1% | 39.3% | 26.5% | 15.5% |
| Cash conversion | 76.5% | 103.9% | 66.6% | 171% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲110.6% | ▼83.6% | ▲439.4% |
| Profit growth | — | ▲145.6% | ▼92% | ▲251.6% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £1.1m | £5.9m | £1.7m | £1.3m |
| Net assets | £8.9m | £21.8m | £1.9m | £6.2m |
| Fixed assets | £6.6k | £8.7k | £13.6m | £13.5m |
| Current assets | £38.6m | £44m | £14m | £31.1m |
| Debtors | £1.4m | £1.8m | £7.6m | £25.5m |
| Deferred income | £9.7m | £0 | — | — |
| Cash from operations | £6.8m | £22.6m | £1.1m | £10.1m |
| Source | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Jul 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 13.5%
- Profit ÷ revenue.
- Gross margin
- 15.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- 171%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 29.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 55.9%
- 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
- ▲229%
- Now £6.2m
- Cash at bank
- ▼25%
- Now £1.3m
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- ▼1%
- Now £13.5m
Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £6.2m), from the Companies House accounts bulk data published Dec 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.