About Ricardo
Ricardo is a publicly listed company based in Shoreham By Sea (United Kingdom) founded in 1915, and was acquired by WSP in June 2025. Drive transmission components are manufactured and supplied to OEMs. It operates on a Professional Services model. The company has 3,000 employees. Ricardo has completed 9 acquisitions, including Aither, Cascade Consulting and E3 Advisory. Its chief executive, as recorded, is Dave Shemmans. Its website ricardo.com draws about 103 thousand monthly visits. Its Indian entity Ricardo India Private Limited reported revenue of ₹5.21 Cr. Ricardo offers products and services including Environmental Consultancy, Engineering Consultancy, and Energy Transition Solutions. Its focus areas include Consulting, Environmental Consulting, Sustainability Solutions and Engineering Consulting.
Company details
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.
- Headquarters Shoreham By Sea, United Kingdom
- Employees 3,000
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Website category Vehicles · Automotive Industry
- Email••••••••
- Phone•••• ••••
- Website ricardo.com/en
- Social LinkedIn X Instagram
- Acquired by WSP (Jun 2025)
- Legal Name Ricardo Plc
Associated legal entities of Ricardo
Ricardo operates through Ricardo India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ricardo India Private Limited CIN U74140DL2007PTC170272 | Active | 08 Nov 2007 | New Delhi, Delhi | ₹5.2 Cr | 11 | 2 | View details |
Products & Services of Ricardo
Ricardo offers a comprehensive portfolio of products and services, including Environmental Consultancy, Engineering Consultancy, and Energy Transition Solutions.
Environmental solutions are provided for sustainable global impact.
Engineering expertise is delivered for transport and energy.
Energy transition strategies are developed for net zero.
Funding Insights of Ricardo
- Total Rounds 44
- Investors Count 2
Latest 10 of 44 funding rounds of Ricardo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2022 | Grant | – | – | ||
| Jul 2022 | $3.58M | Grant | – | – | |
| Mar 2022 | Grant | – | – | ||
| Jan 2022 | $113,626 | Grant | – | – | |
| Dec 2021 | $3.97M | Grant | – | – | |
| Dec 2021 | $180,575 | Grant | – | – | |
| Dec 2021 | $846,860 | Grant | – | – | |
| Dec 2021 | $168,868 | Grant | – | – | |
| Nov 2021 | $444,657 | Grant | – | – | |
| Nov 2021 | $33,723 | Grant | – | – |
3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Online government services and information are provided to users. | 1707 | gov.uk | London, United Kingdom | |
Corporate and career solutions are provided via an integrated platform. | 1959 | wsp.com | Montreal, Canada |
Investor details for Ricardo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Ricardo India Private Limited (Ricardo)
Ricardo India Private Limited is the primary company behind Ricardo. The board of Ricardo India Private Limited currently have 2 directors; the longest-serving is Bridget Katherine Bolton, appointed in 2021. 14 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bridget Katherine Bolton DIN 09398992 | Director | 15 Nov 2021 | 4 yrs 11 mo | Ricardo India Private Limited |
| Palak Agnihotri DIN 06966524 | Additional Director | 08 Jan 2024 | 2 yrs 10 mo | Ricardo India Private Limited |
People of Ricardo
16 people are tracked at Ricardo (8 in leadership, 7 in board & advisors, 1 in team); the tracked headcount is 3,000.
| Name | Role | Group |
|---|---|---|
Dave Shemmans | CEO | Leadership |
Richard Guest | Managing Director, Performance Products | Leadership |
Rachel White | Global President, Clean Energy & Environmental Solutions | Leadership |
Mike Bell | Chief Strategy & Digital Officer | Leadership |
Natasha Perfect | Group Marketing & Communications Director | Leadership |
Clive Wotton | Group Director, Sustainability, Quality & Risk | Leadership |
Graham Ritchie | Group CEO | Leadership |
Jason Oms O'Donnell | Managing Director, Automotive & Industrial | Leadership |
Russell King | NED & Chairman of the Remuneration Committee | Board & advisors |
Jack Boyer | Non-Executive Director | Board & advisors |
Bill Spencer | Non-Executive Director | Board & advisors |
Malin Persson | NED & Senior Independent Director | Board & advisors |
Laurie Bowen | NED & Chairwoman of the Nomination Committee | Board & advisors |
Mark Clare | Chair | Board & advisors |
Judith Cottrell | Director | Board & advisors |
Harpreet Sagoo | General Counsel & Company Secretary | Team |
Complete people profiles for Ricardo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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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.
- IPO date05 Apr 1962
- Listed onLSE: RCDO
- Listed entityRicardo plc
- Exchange sectorCommercial services
- Share price427.00 GBX (-0.47% on the day) · 2025-09-29
- Market capitalisation266,893,691.00 GBX
- EPS (diluted, trailing year)-0.09 GBX
- Dividend yield2.47%
- Volume (last session)8,542
- Analyst consensusNeutral
Financials of Ricardo
Figures of Ricardo India Private Limited, the primary company behind Ricardo, for FY 2024. Revenue was ₹5.21 Cr (+10% year on year). Net profit was ₹30.8 Lakh (6% margin). EBITDA was ₹48.3 Lakh (9% margin). Revenue has grown at a compounded annual rate of -16% over three years and -13% over five years.
- ₹5.21 CrRevenue · FY 2024 · +10% YoY
- ₹30.8 LakhNet profit · 6% margin
- ₹48.3 LakhEBITDA · 9% margin
- ₹5.7 LakhPaid-up capital
- 11Employees (provident fund records)
- -16%Revenue CAGR, 3 years
- -13%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2024 | 474.7M GBP | 700,000 GBP | 51.1M GBP |
| 2023 | 445.2M GBP | -5.4M GBP | 59.5M GBP |
| 2022 | 380.2M GBP | 8.6M GBP | 40.4M GBP |
| 2021 | 343.7M GBP | 1.7M GBP | 33.8M GBP |
| 2020 | 352.0M GBP | -6.5M GBP | 20.8M GBP |
Balance sheet, profit and loss, cash flow and ratios of Ricardo India Private Limited are on its company page.
Detailed financial statements for Ricardo
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Consulting firm that provides infrastructure advisory services | e3advisory.com | Sydney, Australia | 2014 | Dec 2024 | $63.31M | |
Water management services are provided by Aither in Australia. | aither.com.au | Melbourne, Australia | 2012 | Mar 2023 | •••• | |
E3 Modelling is engaged in energy-climate-economy nexus consulting. | e3modelling.com | Athens, Greece | 2013 | Jan 2023 | •••• | |
Diversified consulting services in infrastructure are provided to clients. | insideinfrastructure.com.au | Adelaide, Australia | 2010 | Mar 2022 | •••• | |
Environmental and urban infrastructure services are provided to clients. | plcconsulting.com.au | Melbourne, Australia | 2016 | Jul 2019 | $6.8M | |
Transport engineering services are provided in Australia. | transportengineering.com.au | 0 | May 2019 | $37.57M | ||
Environmental consultancy services are provided to various clients. | cascadeconsulting.co.uk | Manchester, United Kingdom | 2001 | Aug 2015 | •••• | |
Assurance, certification, inspection, and risk management services are provided. | lr.org | London, United Kingdom | 1760 | Apr 2015 | $46.28M | |
Internet services are provided by PPC in the United States. | ppc.com | Buffalo Grove, United States | 1992 | Jun 2008 | $65M |
Complete acquisition details for Ricardo
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Timeline of Ricardo
14 dated milestones of Ricardo across 110 years, from founding to its latest funding, stage changes and deals.
- Founded Ricardo is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires PPC.
- Funding First funding round.
- Acquisition Acquires Lloyd's Register.
- Acquisition Acquires Cascade Consulting.
- Acquisition Acquires Transportengineering.
- Acquisition Acquires PLC Consulting.
- Acquisition Acquires inside infrastructure.
- Funding Latest funding round, Grant,.
- Acquisition Acquires E3 Modelling.
- Acquisition Acquires Aither.
- Acquisition Acquires E3 Advisory.
- Exit Acquired by WSP.
Web traffic of Ricardo
The website of Ricardo (ricardo.com) receives about 103K visits a month and ranks #447,379 among all websites worldwide, #11,451 in Automotive Industry.
- Monthly visits103K
▲ 16.7% vs previous month
- Unique visitors37.8K
per month
- Global rank#447,379
among all websites
- Category rank#11,451
Vehicles · Automotive Industry
- Bounce rate43%
- Pages per visit1.7
- Average visit26 sec
- DevicesDesktop 43% · Mobile 57%
Websites whose visitors overlap most with Ricardo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| gtisoft.com | 100% | 45K | #663,805 | View details | |
| avl.com | 100% | 147.4K | #263,002 | View details | |
| dieselnet.com | 91% | #395,266 | View details | ||
| fev.com | 76% | 44.7K | #853,047 | View details | |
skoda-career.com | skoda-career.com | 70% | #2,350,757 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 18 similar websites and full traffic analytics for Ricardo
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Related news about Ricardo
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 CEO of Ricardo, as recorded in our data.
Ricardo has 3,000 employees.
The primary company behind Ricardo, Ricardo India Private Limited, reported revenue of ₹5.21 Cr for FY 2024, up 10% year on year.
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 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.
Ricardo operates through Ricardo India Private Limited.
Yes. Ricardo was acquired by WSP in June 2025.