RADTEST LTD Financials
- Company number
- 04626618CopyCopy
- Registered office
- 82a James Carter Road, Mildenhall, Suffolk IP28 7DE
- Incorporated
- 02/01/2003
Company snapshot
- Status
- Active
- Employees
- 9 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
24.99%vs 20242024: £1.04M
Total Assets
0.77%vs 20242024: £2.09M
Cash in Bank
-14.13%vs 20242024: £682.38K
Total Liabilities
-29.45%vs 20242024: £745.63K
Employees
+1vs 20242024: 8
In 2025, RADTEST LTD reported net assets of £1.30M. The same filing shows total assets of £2.11M, cash in bank of £585.99K and total liabilities of £526.04K. Reported headcount was 9 in 2025. Net Assets rose from £1.04M in 2024 to £1.30M in 2025 (24.99%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
24.99%from £1.04M in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures RADTEST LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+433%vs 2023+131% a year compound (CAGR)
Cash in Bank
+281%vs 2023+95.1% a year compound (CAGR)
Total Assets
+167%vs 2023+63.5% a year compound (CAGR)
Total Liabilities
+5.3%vs 2023+2.6% a year compound (CAGR)
Employees
+12.5%vs 2023+1Biggest increase
Net Assets+433%
£244.29K in 2023 to £1.30M in 2025
Every indicator Okredo holds for RADTEST LTD rose between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from RADTEST LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 61.87%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 24.98%2025
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 111.40%2025
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 27.83%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for RADTEST LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 424.35K | 423.50K | 244.29K | 1.04M | 1.30M |
| Total Assets£ | 799.31K | 833.48K | 787.54K | 2.09M | 2.11M |
| Cash in Bank£ | 251.15K | 382.50K | 153.87K | 682.38K | 585.99K |
| Total Liabilities£ | 374.96K | 386.47K | 499.76K | 745.63K | 526.04K |
| Employees | 6 | 8 | 8 | 8 | 9 |
RADTEST LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for RADTEST LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
RADTEST LTD reported net assets of £1.30M for 2025. That compares with £1.04M in 2024, a change of 24.99%.
RADTEST LTD reported total assets of £2.11M for 2025. That compares with £2.09M in 2024, a change of 0.77%.
RADTEST LTD reported cash in bank of £585.99K for 2025. That compares with £682.38K in 2024, a change of -14.13%.
RADTEST LTD reported 9 employees in 2025, compared with 8 in 2024.
Between 2023 and 2025, RADTEST LTD's net assets rose by 433%, cash in bank rose by 281%, total assets rose by 167% and total liabilities rose by 5.3%. Net assets compounded at 131% a year across the two years to 2025, from £244.29K to £1.30M. Reported headcount went from 8 in 2023 to 9 in 2025 (+1).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.