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Next accounts due

2026-09-29 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-09-28 (in 4mo)

Last made up 2025-09-14

Watchouts

None on the register

Cash

£4M

-34.2% vs 2023

Net assets

-£6M

-17.1% vs 2023

Employees

86

-12.2% vs 2023

Profit before tax

-£871K

-3.3% vs 2023

Accounts

6-year trend · latest reflected 2024-12-31

Metric Trend 2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31
Turnover £12,885,662£11,173,977
Operating profit -£629,328-£614,531
Profit before tax -£843,392-£871,364
Net profit -£843,392-£871,364
Cash £5,633,364£3,709,566
Total assets less current liabilities £5,145,975£4,125,611
Net assets -£5,086,670-£5,958,034
Equity -£5,876,778-£2,520,689-£3,638,492-£4,243,278-£5,086,670-£5,958,034
Average employees 9886
Wages £3,064,047£3,001,882
Directors' remuneration

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

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

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

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-31
Operating margin -4.9%-5.5%
Net margin -6.5%-7.8%
Return on capital employed -12.2%-14.9%
Gearing (liabilities / total assets) 161.5%197.9%
Current ratio 2.51x2.86x
Interest cover -1.40x-1.36x

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.

Name history

Renamed 2 times since incorporation

  1. RADIAL COMMERCE LIMITED 2016-03-23 → present
  2. ZENDOR/GSI COMMERCE LIMITED 2008-01-03 → 2016-03-23
  3. ZENDOR.COM LIMITED 1999-10-11 → 2008-01-03

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Cooper Parry Group Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Given the current market environment, there is uncertainty over levels of trading and the company has made an operating loss for the year. The Directors believe that they have a strong long-term business model in place. The company is able to offer UK and global retailers and brands comprehensive, end-to-end e-commerce solutions that have already demonstrated success for group companies in the United States. The business is able to provide an end-to-end solution for the UK's online market and also to serve as a model that will be used to empower retailers and brands in establishing and building their e-commerce business across Europe. The financial statements have been prepared on a going concern basis as the company has the continued financial support from the group parent company, bpost NA/SV.”

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

People

4 active · 44 resigned

Name Role Appointed Born Nationality
CHAPMAN, Wayne Steven Director 2025-08-06 Feb 1974 British
KIEFER, Rainer Michael Director 2026-01-01 May 1969 German
MCQUILLAN, Barry Director 2025-08-06 Jun 1973 British
PAULUS DE CHÂTELET, Maxime Pierre Director 2024-07-08 Feb 1976 Belgian
Show 44 resigned officers
Name Role Appointed Resigned
CATALDO, Paul D Secretary 2010-09-01 2011-11-06
MILLER, Arthur Henry Secretary 2007-12-14 2010-09-01
TYNAN, Peter John Secretary 1999-10-11 2007-12-14
BRITANNIA COMPANY FORMATIONS LIMITED Corporate Secretary 1999-10-11 1999-10-11
CITCO MANAGEMENT (UK) LIMITED Corporate Secretary 2019-11-22 2020-05-05
TAYLOR WESSING SECRETARIES LIMITED Corporate Secretary 2014-05-12 2018-09-30
ALLEN, Nicholas Robert Director 2004-03-04 2009-02-02
BASNETT, Keith Director 1999-10-11 2004-03-22
BEVERIDGE, Iain Anderson Director 2010-09-01 2013-08-01
CATALDO, Paul David Director 2017-12-31 2019-06-14
CATALDO, Paul David Director 2007-12-14 2017-05-24
CATLING, John Howard Director 2000-02-09 2001-09-12
CONN, Michael Director 2007-12-14 2011-06-17
DARTIENNE, Philippe Pierre Director 2023-08-07 2024-07-08
DAVIS, Steven Director 2007-12-14 2010-10-18
DE HEPCEE, Baudouin Director 2019-06-14 2021-09-30
DE LOVE, Dries Arsène Georges Director 2024-05-28 2025-08-06
DEPAUL, Phillip Director 2012-09-10 2015-11-26
EVANS, Kalvin Director 2017-02-24 2019-06-14
FELDMAN, Seth Charles Director 2015-11-26 2016-04-14
GREEN, Graham Director 2000-02-09 2006-08-31
HALLEUX, Marjorie Denise Director 2019-06-14 2024-04-30
HARTMANN, Tobias Director 2015-02-19 2015-11-26
KLIGER, Michael Director 2013-08-06 2015-02-25
KOWALSKI, Timothy John Director 1999-10-11 2003-12-02
LEE, Andrew Stephen Director 2000-02-09 2003-08-31
MARTIN, James Director 1999-10-11 2002-09-02
MILLER, Arthur Henry Director 2007-12-14 2010-09-01
MORTIER, Thomas Guy Alexandre Director 2025-08-06 2025-12-31
NOTT, Edward Brian Director 2000-02-09 2001-09-11
PENSOTTI, Frederico Luigi Director 2016-04-14 2017-12-31
PERRY, Laurence Director 2003-03-28 2007-12-14
RISK, Keith James Director 2003-08-31 2007-12-14
ROBERTS, Clive Timothy Director 2003-03-28 2007-03-30
ROSENBERG, Scott Director 2011-06-17 2012-09-07
SINCLAIR, Stuart William Director 2000-02-09 2005-05-11
STIENES, Robert Andrew Director 2015-11-26 2017-02-24
STORRAR, Colin Director 2007-01-18 2007-12-14
VAN BEVEREN, Kathleen Director 2021-09-30 2023-08-07
WHITE, Alan Director 2002-11-18 2007-12-15
WILLIS, Ben Samuel Director 2017-02-24 2019-06-14
WINTERS, Daniel Jay Director 2010-09-01 2011-06-17
WUESTHOFF, Robert Director 2010-10-18 2011-06-17
DEANSGATE COMPANY FORMATIONS LIMITED Corporate Nominee Director 1999-10-11 1999-10-11

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Bpost Sa/Nv Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2019-09-13 Active

Filing timeline

Last 20 of 202 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2025-05-23 RESOLUTIONS Resolution
  • 2025-05-23 MA Memorandum articles
Date Type Category Description
2026-03-30 AP01 officers Appoint person director company with name date PDF
2026-01-30 TM01 officers Termination director company with name termination date PDF
2025-09-24 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-04 AA accounts Accounts with accounts type full PDF
2025-08-12 AP01 officers Appoint person director company with name date PDF
2025-08-12 AP01 officers Appoint person director company with name date PDF
2025-08-12 AP01 officers Appoint person director company with name date PDF
2025-08-12 TM01 officers Termination director company with name termination date PDF
2025-05-23 RESOLUTIONS resolution Resolution
2025-05-23 MA incorporation Memorandum articles
2024-09-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-09-24 AA accounts Accounts with accounts type full PDF
2024-07-08 AP01 officers Appoint person director company with name date PDF
2024-07-08 TM01 officers Termination director company with name termination date PDF
2024-05-29 AP01 officers Appoint person director company with name date PDF
2024-04-30 TM01 officers Termination director company with name termination date PDF
2023-09-29 AA accounts Accounts with accounts type full PDF
2023-09-27 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-08-31 AP01 officers Appoint person director company with name date PDF
2023-08-31 TM01 officers Termination director company with name termination date PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
10

last 12 months

Capital events
0

last 24 months

Officers appointed
3

last 12 months

Officers resigned
2

last 12 months

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

Official Companies House page