Ricardo

Shoreham By Sea, United Kingdom Founded: 1915 • Age: 111 yrs Acquired By WSP
Drive transmission components are manufactured and supplied to OEMs.
Annual revenue $594.8M Latest available
Total funding - 44 rounds
Employees 3000 Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Ricardo

Ricardo is a company based in Shoreham By Sea (United Kingdom) founded in 1915 was acquired by WSP in June 2025. It operates as a Professional Services. The company has 3,000 employees as of June 30, 2024. Ricardo has completed 9 acquisitions, including Aither, Cascade Consulting and E3 Advisory. Ricardo offers products and services including Environmental Consultancy, Engineering Consultancy, and Energy Transition Solutions. Ricardo operates in a competitive market with competitors including Dana, Linamar, Gates, FPT Industrial and Happy Forgings, among others.

  • Headquarter Shoreham By Sea, United Kingdom
  • Employees 3000 as on 30 Jun, 2024
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Ricardo Plc
Operational Areas
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $594.77 M (USD)
    6.63
    as on Jun 30, 2024
  • Net Profit
    $877.05 K (USD)
    112.96
    as on Jun 30, 2024
  • EBITDA
    $64.02 M (USD)
    -14.12
    as on Jun 30, 2024
  • Latest Funding Round
    Not available
  • Investors
    Gov.uk

    & 2 more

  • Employee Count
    3000

    as on Jun 30, 2024

  • Investments & Acquisitions
    Aither

    & 8 more

  • Acquired by
    WSP

    (Jun 11, 2025)

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IPO & Listings of Ricardo

Ricardo is a publicly listed company on the LSE with ticker symbol RCDO in UK, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: LSE · Ticker: RCDO · Sector: Commercial services · UK

Products & Services of Ricardo

Ricardo offers a comprehensive portfolio of products and services, including Environmental Consultancy, Engineering Consultancy, and Energy Transition Solutions.

Product name locked
Category locked
Primary

Environmental solutions are provided for sustainable global impact.

Product name locked
Category locked
Locked

Engineering expertise is delivered for transport and energy.

Product name locked
Category locked
Locked

Energy transition strategies are developed for net zero.

People of Ricardo

Headcount 1000-5000
Employee Profiles 8
Board Members and Advisors 7
Employee Profiles
People
Rachel White
Global President, Clean Energy & Environmental Solutions
People
Mike Bell
Chief Strategy & Digital Officer
People
Natasha Perfect
Group Marketing & Communications Director
People
Clive Wotton
Group Director, Sustainability, Quality & Risk

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Board Members and Advisors
people
Russell King
NED & Chairman of the Remuneration Committee
people
Jack Boyer
Non-Executive Director
people
Bill Spencer
Non-Executive Director
people
Malin Persson
NED & Senior Independent Director

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Funding Insights of Ricardo

Investors in Ricardo

Ricardo has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Gov.uk, WSP and European Union.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Locked Locked Locked
Online government services and information are provided to users.
Locked Locked Locked
Corporate and career solutions are provided via an integrated platform.
Locked Locked Locked
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Investor details for Ricardo

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Ricardo

Ricardo has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include Aither, Cascade Consulting and E3 Advisory.

Investments
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Investment portfolio details for Ricardo

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Environmental and urban infrastructure services are provided to clients.
Locked Locked 2016 Locked
Consulting firm that provides infrastructure advisory services
Locked Locked 2014 Locked
E3 Modelling is engaged in energy-climate-economy nexus consulting.
Locked Locked 2013 Locked
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Complete acquisition details for Ricardo

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Financial Statements - Ricardo

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Detailed financials for Ricardo

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Ricardo Comparisons

Ricardo Primary company
Description
Drive transmission components are manufactured and supplied ...
Location
Shoreham By Sea, United Kingdom
Founded Year
1915
Annual Revenue
$594.77 M (USD)
Net Profit
$877.05 K (USD)
EBITDA
$64.02 M (USD)
Employees
3,000
As of 2024
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Peer comparison for Ricardo

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Competitors of Ricardo

Ricardo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Dana, Linamar, Gates, FPT Industrial and Happy Forgings, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Driveline technologies and components for electrified light vehicles are supplied.
Locked Locked Locked
Motor vehicle and agricultural parts are manufactured and supplied.
Locked Locked Locked
Transmission components are manufactured and supplied to the aftermarket.
Locked Locked Locked
Manufacturer and supplier of powertrain components
Locked Locked Locked
Drive transmission components are manufactured and supplied.
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Detailed competitors of Ricardo

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
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Latest news on Ricardo

REG - Societe Generale SA Ricardo PLC - Form 8.3 - Ricardo plc
London Stock Exchange10 months ago
REG - Jefferies Intl Ltd Ricardo PLC - Form 8.3 - Ricardo Plc
London Stock Exchange10 months ago
REG - Jefferies Intl Ltd Ricardo PLC - Form 8.3 - Ricardo Plc
London Stock Exchange10 months ago
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Complete news archive for Ricardo

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Frequently Asked Questions about Ricardo

Ricardo was founded in 1915 and raised its 1st funding round 97 years after it was founded.

Ricardo is headquartered in Shoreham By Sea, United Kingdom. It is registered at Shoreham By Sea, West Sussex, United Kingdom.

Dave Shemmans is the current CEO of Ricardo.

As of Jun 30, 2024, the latest employee count at Ricardo is 3,000.

Annual revenue of Ricardo is $594.77M as on Jun 30, 2024.

Ricardo is established as a global consultancy specializing in environmental and engineering services. Expertise is provided at the intersection of transport, energy, and climate agendas. Solutions are delivered across eight key market sectors, including security, aerospace, automotive, energy, utilities, waste, financial services, government, public sector, industrial, manufacturing, maritime, rail, and mass transit. Services span the entire value chain, from policy and strategy to program delivery. Sustainable mobility and energy transition strategies are developed to support national net zero goals and create a sustainable future worldwide.

Ricardo's top competitors include Happy Forgings, Linamar and Gates.

Ricardo offers Environmental Consultancy, Engineering Consultancy, and Energy Transition Solutions.

Yes, Ricardo is publicly traded on LSE under the ticker symbol RCDO.

Ricardo has made 9 acquisitions, including Aither, Cascade Consulting, and E3 Advisory.

Ricardo has 3 investors. Key investors include Gov.uk, WSP, and European Union.

The ticker symbol of Ricardo is RCDO on LSE.

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