Ricardo plc is a British publicly recorded organisation named after its founder, Sir Harry Ricardo, which was initially fused and enlisted as Engine Patents Ltd. in 1915. Ricardo is a worldwide engineering, natural and vital consultancy, working across a scope of markets across the world. Since 1919, the company’s base office has been at Shoreham, West Sussex. Ricardo creates motors, transmissions, vehicle frameworks, intelligent transportation systems (ITS), crossover, and electric frameworks and provides natural and critical consultancy administrations. The company is a part of FTSE All-Share and is recorded on the London Stock Exchange.
The company's working sections incorporate technical consulting and performance products. Its technical consulting segment deals with designing projects and innovation projects, along with ecological and management consultancy administrations. The technical consulting segment likewise produces pay from its independent assurance administrations given through its rail business. Its technical consulting segment incorporates motors, vehicle frameworks, driveline and transmission frameworks, and test administrations. Its Performance Products segment is occupied with assembling, get together, programming deals, and related administrations. Its Performance Products segment incorporates assembling and programming, which creates and sells licenses for an arrangement of PC-supported designing programming items. Its operations are spread over in the UK, Germany, China, and the US.
Its customers consist of public and private organisations -- large and small, significant transportation original equipment manufacturers (OEMs) and administrators, governments; general specialists; and intergovernmental and global organisations. The company helps them address critical challenges, supporting their business development and expanding the effectiveness of their activities. The moderate business cyclicality aims to keep away from outer reliance, regardless of whether this is related to any topography, innovation, industry, area, or customer. It puts resources into physical and digital resources that support toolchain approval, eventual outcome confirmation, and real-world information catch.
The Group has risk management measures set up for projects and other business chances. Contract risks are overseen through project management, which is firmly connected to an estimation of monetary execution. Most dynamic projects are explored consistently inside divisions. In expansion, the most elevated danger class projects are freely assessed by the group either on a quarterly premise, or once tremendous achievements are considered to have been accomplished. Non-contract risks are possessed by the Group capacities and divisional Overseeing Directors. The non-contract risks are examined, routinely audited, and recorded in the Group's risk register. The group's way to deal with risk is to recognise critical dangers early and eliminate, control, or limit their effect before they happen.
Ricardo plc Bridge Works BN43 5FG United Kingdom