# RADICAL IP LTD (11991706)

> RADICAL IP LTD is an active private limited company (company number 11991706) incorporated on 13 May 2019, registered in Ebbw Vale, Gwent. Its registered activity is renting and leasing of other machinery, equipment and tangible goods n.e.c. (SIC 77390). Latest small accounts cover the period ending 31 May 2025, showing net assets of £10k and cash of £45, with 2 employees on average. Net assets rose 3% on the prior period (£9,782).

- Status: Active
- Incorporated: 2019-05-13
- Registered office: Ebbw Vale, Gwent, NP23 5SD
- SIC 77390: Renting and leasing of other machinery, equipment and tangible goods n.e.c.
- Next accounts due: 2027-02-28
- Confirmation statement due: 2027-05-27
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the upper half of 59 comparable companies in Cardiff (median £7,540, upper quartile £145k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-05-31 | £10k | £45 | £255k | £333k | — | — | 2 |
| 2024-05-31 | £9,782 | £15k | £183k | £299k | — | — | 2 |

current ratio 0.77; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £10,039 at 31 May 2025
- Current assets below creditors within one year: Current ratio 0.77
- Incorporated five or more years ago: Incorporated 13 May 2019

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Huw Brent Durban — owns 25–50% of shares; holds 25–50% of voting rights, since 2019-05-13
- Mr Nicholas James Corlett — owns 25–50% of shares; holds 25–50% of voting rights, since 2019-05-13

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/11991706
HTML: https://firmoscan.com/company/11991706-radical-ip-ltd