RDS Driving Services Limited
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RDS Driving Services Limited - overview
Established
1992
Location
-, -, UK
Primary Industry
Consumer Services
About
RDS Driving Services Limited provides comprehensive driving education and training services in the UK, focusing on both manual and automatic lessons for novice and experienced drivers alike. RDS Driving Services Limited, founded in 1992 and headquartered in the UK, specializes in driving education. In April 2019, the company underwent an ownership change when it was acquired by Trimountain Partners, Ashridge Capital, Downing, and management from Kelso Place Asset Management. The firm has successfully completed 2 deals by the most recent date in April 2019.
RED Driving School offers extensive driving education including manual and automatic lessons across the UK. With experienced instructors in cities from Newcastle to Plymouth, the school tailors lessons for novices and skilled drivers. Additionally, RED collaborates with partners like Esso to provide resources for learners and corporate clients, focusing on fleet safety through its RED Corporate Driver Training division. In 2024, RDS Driving Services Limited reported revenues of USD 21.
74 mn and an EBITDA of USD 3. 92 mn, while employing a pricing model that accommodates individual and corporate clients. The company plans to launch new educational resources designed to enhance driving skills and safety standards by the end of 2024. Additionally, RDS Driving Services Limited is targeting expansion into new geographic markets across the UK to increase its reach.
The funding received from the April 2019 deal will support these initiatives, allowing the company to enhance its training offerings and expand its market presence.
Current Investors
Ashridge Capital, Downing, Trimountain Partners
Primary Industry
Consumer Services
Sub Industries
Consumer Services, Education & Training Website, Education & Training Services, Gaming
Website
www.reddrivingschool.com
Verticals
EdTech
Company Stage
Mature
Total Amount Raised
Subscriber access only
RDS Driving Services Limited - timeline of key events
RDS Driving Services Limited - financials
| Fiscal Year Ended | Jul 31, 2011 | Jul 31, 2012 | Jul 31, 2013 | Jul 31, 2014 | Jul 31, 2015 | Jul 31, 2016 | Jul 31, 2017 | Jul 31, 2018 | Jul 31, 2019 | Jul 31, 2020 | Jul 31, 2021 | Jul 24, 2022 | Jul 23, 2023 | Jul 21, 2024 | Jul 20, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 4,884,074 | 11,651,450 | 11,696,228 | 11,272,064 | 10,580,043 | 9,876,531 | 10,906,410 | 12,728,573 | 13,010,060 | 9,318,014 | 9,193,257 | 13,169,751 | - | - | - |
| % Revenue Growth (YoY) | - | 138.6% | 0.4% | (3.6%) | (6.1%) | (6.6%) | 10.4% | 16.7% | 2.2% | (28.4%) | (1.3%) | 43.3% | - | - | - |
| EBITDA (USD) | (110,024) | 110,023 | (203,618) | (541,011) | 598,759 | 544,038 | 1,096,708 | 1,418,492 | 1,221,303 | (369,208) | 457,446 | 3,021,653 | - | - | - |
| Operating Income (USD) | (110,024) | 110,023 | (210,857) | (580,440) | 555,814 | 498,005 | 1,069,642 | 1,370,396 | 1,154,178 | (459,523) | 377,956 | 2,940,752 | - | - | - |
| Operating Margin | (2.3%) | 0.9% | (1.8%) | (5.1%) | 5.3% | 5.0% | 9.8% | 10.8% | 8.9% | (4.9%) | 4.1% | 22.3% | - | - | - |
| % EBITDA Margin | (2.3%) | 0.9% | (1.7%) | (4.8%) | 5.7% | 5.5% | 10.1% | 11.1% | 9.4% | (4.0%) | 5.0% | 22.9% | - | - | - |
| NET Income (USD) | (110,024) | 110,023 | (21,582,780) | (608,778) | 519,210 | 474,504 | 1,064,326 | 1,364,930 | 1,148,522 | (453,135) | 362,108 | 2,922,366 | - | - | - |
| % Net Margin | (2.3%) | 0.9% | (184.5%) | (5.4%) | 4.9% | 4.8% | 9.8% | 10.7% | 8.8% | (4.9%) | 3.9% | 22.2% | - | - | - |
RDS Driving Services Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | NFE Group Ltd. | - | ||||||||
| Secondary Buyout | Completed | RDS Driving Services Limited | - | ||||||||
| Restructuring | Completed | RDS Driving Services Limited | - |
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RDS Driving Services Limited - employee data
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