RADII PARTITIONING LIMITED

1. RADII PARTITIONING LIMITED 2004-08-27 → present
2. RADIUS PARTITIONING LIMITED 2004-07-29 → 2004-08-27
3. GOLDFLEX ENGINEERING LIMITED 2003-11-21 → 2004-07-29

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors at the time of approving the financial statements are confident that the group has adequate resources to continue in operational existence for the foreseeable future. ... As such it was concluded that the analysis provided assurances as to the continuity of the business and did not raise any uncertainty over the ability of the business to continue as a going concern. The directors of the company have received written confirmation from the company's ultimate parent company, Radii Planet Group Limited, confirming that they will provide financial support to enable to meets its liabilities as they fall due for a period of at least 12 months from the date of approval of these financial statements.”

Group structure

1. RADII PARTITIONING LIMITED · parent
   1. Radii GmbH 100% · Düsseldorf, Germany · to develop new opportunities across Northern Europe promoting the Radii product range.

Significant events

• “2024 trading was on track to meet prior year levels until Q4 2024 which was impacted by major project delays due to a London based Main Contractor entering administration. 2025 projected growth is significant reflecting major project wins coupled with the restart of the delayed projects from 2024.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

15

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -22.9%

  £45,548,910 → £35,135,132

• Cash

  -35.2%

  £2,620,464 → £1,698,420

• Net assets

  +31.6%

  £11,592,509 → £15,255,065

• Employees

  +13.8%

  58 → 66

• Operating profit

  -32.7%

  £6,588,078 → £4,431,165

• Profit before tax

  -32.8%

  £6,578,223 → £4,421,107

• Wages

  +6%

  £3,582,200 → £3,798,513

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers