Red Engineering Design Limited

Active05299489Professional servicesIncorporated 29 Nov 2004 · London

and consulting company delivering integrated solutions for sustainable energy and built environment projects and itself part of the Engie Group. ENGIE is a global energy and services group operating in the three key business sectors of low-carbon electricity generation (with particular emphasis on natural gas and renewables), energy infrastructures and customer solutions. The principal activities of the company are to provide specialist building services in the areas of mechanical, electrical and plumbing (MEP), ICT, sustainability and other related services, mainly to the Data Centre industry players. As a global company, RED has led the drive towards zero carbon across multiple services and sectors for two decades. As a secondary business stream, RED carried out the decarbonization consultancy and data management services under the trading name “Engie Impact”, inherited from its integration to Engie Impact Business Unit from 2019 until 31st December 2022, when RED Group was transferred to Tractebel Business Unit. In April 2024, this business stream was transferred to Engie Impact UK Limited, part of Engie Impact Business Unit (see Note 25).

Revenue

£77.4m

▲ +10.8% vs prior ~12m period

Profit after tax

£1.6m

Margin 2.7%

Employees

380

– 0.0% vs prior ~12m period

Net assets

£9.7m

Total assets £39.0m

Financial history

Revenue by accounting period

6 periods available · ▲ growth ▼ decline

Jan 2020
Not available
Jan 2021
£35.9m
Dec 2021
£45.9m▲ +27.9%
Dec 2022
£56.0m▲ +22.1%
Dec 2023
£69.8m▲ +24.7%
Dec 2024
£77.4m▲ +10.8%
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Dec 2024£77.4m▲ +10.8%£2.0m380£9.7m
31 Dec 2023£69.8m▲ +24.7%-£4.9m380£8.1m
31 Dec 2022£56.0m▲ +22.1%-£1.7m331£11.6m
31 Dec 2021£45.9m▲ +27.9%£3.0m240£13.4m
1 Jan 2021£35.9m—£5.6m168£10.8m
1 Jan 2020————£6.3m

Latest available figures

Period ending 31 Dec 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

Profit & loss

Revenue
£77.4m
Gross profit
£21.2m
Operating profit
£2.1m
Profit before tax
£2.0m
Profit after tax
£1.6m

Balance sheet

Total assets
£39.0m
Cash
£2.5m
Total liabilities
£29.3m
Net assets
£9.7m
Revenue per employee
£204k

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