NCS RISK MANAGEMENT LTD

What NCS RISK MANAGEMENT LTD does

NCS Risk Management Ltd is a UK-based nuclear safety consulting firm specializing in criticality safety assessments and broader nuclear safety case work for civil and defence operators across the nuclear fuel cycle. The company delivers a defined portfolio of advisory services spanning ten core offerings: criticality safety assessments, HAZID and HAZOP studies, ALARP appraisal, engineering substantiation, independent peer review, methodology development, Criticality Warning System Omission Cases production, optioneering studies, safety case implementation support, and specialist training. Its underlying capability is human domain expertise — consultants with in-depth experience delivering safety cases — rather than a software platform or proprietary technology stack; no patents, proprietary tools, or AI-driven components are disclosed.

The firm serves a single primary customer segment — nuclear industry operators in both civil and defence sectors — and positions itself as a flexible engagement partner that can work independently or integrate into client project teams. There are no named customer logos, no disclosed partnerships or alliances, no acquisitions, and no funding rounds on record, indicating a likely bootstrapped, privately-held limited company operating from a single registered office in Bournemouth, England (Registered Number 8287938). Revenue is not publicly disclosed, headcount is not disclosed, and there are no marketing channels, awards, or external press references in the available data.

The business model is professional services: revenue is generated through project-based or retainer consulting fees tied to the scope and complexity of nuclear safety engagements. Pricing is not publicly disclosed and is presumably quoted per engagement. The GTM motion is sales-led, relying on direct engagement with nuclear operators and relationship-driven demand within a small, highly regulated addressable market. No digital channels, software products, or recurring SaaS-style revenue streams are indicated.

Name

NCS RISK MANAGEMENT LTD

Legal name

NCS Risk Management

Website

https://ncs-risk.com

Company type

Private

Founded year

2012

Operating status

Operating

Short description

NCS Risk Management is a UK-based nuclear safety consulting firm specializing in criticality safety assessments and safety case work for civil and defence nuclear operators across the fuel cycle, delivered through project-based advisory engagements.

Ownership category

akta.pro rank

Product category

Nuclear Safety Consulting

NAICS

Other Scientific and Technical Consulting Services (54169)

SIC

Services-Engineering Services (8711)

akta.pro primary industry

Reliability, Safety & Risk Engineering (RAMS/PSM) Consulting (BPAHAIAK)

akta.pro secondary industries

Nuclear Safety, Licensing & Regulatory Compliance (Plant Ops) (EUACADAN), Operational Safety, Event Reporting & Corrective Action Programs (CAP) (EUAKAEAI)

Keywords

• Nuclear safety consulting
• Criticality safety assessments
• Hazard identification studies
• Nuclear safety case development
• ALARP appraisal services

Headquarters

HQ city

Bournemouth

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Nuclear Safety Consulting Services: Professional consulting services delivered on a project basis or retainer arrangement. Services include criticality safety assessments, HAZID/HAZOP studies, ALARP appraisals, independent peer reviews, training, and safety case implementation. Revenue is generated through project fees for specialized nuclear safety expertise.

Go-to-market motion1 record

Distribution channels1 record

Core offering

NCS Risk Management delivers nuclear safety consulting services with a primary specialization in criticality safety assessments for clients operating in civil and defence nuclear sectors across the full fuel cycle. The firm provides HAZID/HAZOP studies, optioneering, ALARP appraisal, engineering substantiation, independent peer review, methodology development, training, Criticality Warning System Omission Cases, and safety case implementation support. Consultants work independently or integrate directly into client teams to produce and review safety cases for regulated nuclear operations.

Product overview

NCS Risk Management is a nuclear safety consulting firm that provides a comprehensive suite of advisory services to clients operating in civil and defence nuclear sectors across the fuel cycle. The company specializes in criticality safety and offers services including safety case production, HAZID/HAZOP studies, ALARP appraisals, engineering substantiation, independent peer review, methodology development, training, Criticality Warning System Omission Case production, and safety case implementation support. Rather than a software product, the company delivers expert consulting services and can work independently or integrate into client teams.

Differentiator

Problem solved

Functional benefit

Products and services

• Criticality Safety Assessments Specialized assessments evaluating nuclear criticality safety risks, including analysis of neutron multiplication factors and geometry considerations, delivered to civil and defence nuclear operators.
• HAZID and HAZOP Studies Hazard identification and hazard and operability studies for clients operating in civil and defence nuclear sectors across the fuel cycle.
• ALARP Appraisal As Low As Reasonably Practicable (ALARP) evaluations demonstrating that nuclear safety risks have been reduced to acceptable levels, supporting regulatory submissions.
• Engineering Substantiation Technical engineering analysis and substantiation services to support safety case development and regulatory compliance for nuclear operations.
• Independent Peer Review Independent review providing objective assessment of safety cases and technical analyses for nuclear operators.
• Methodology Development Development of bespoke analysis methodologies tailored to specific nuclear facility requirements and safety challenges.
• Criticality Warning System Omission Cases Production of safety case documentation addressing scenarios where criticality warning systems may be omitted in nuclear facilities.
• Safety Case Implementation Support Consulting support for the practical implementation of nuclear safety cases within operational facilities.
• Training Services Specialized training programs for nuclear safety personnel covering criticality safety and related disciplines.
• Optioneering Studies Evaluation and comparison of alternative approaches to achieve safety objectives, supporting informed decision-making for nuclear safety challenges.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves3 records

Direct peers

• Galson Sciences: Specialist UK consultancy providing independent nuclear safety, waste management and decommissioning support. Directly comparable niche positioning: small team delivering high-end technical safety assessments to operators, regulators and Tier-1 contractors.
• Risktec Solutions: UK-based independent consultancy delivering nuclear and major-hazard safety, risk engineering and ALARP support. Closest peer because it operates at the same boutique scale, with overlapping criticality, HAZOP and safety-case offerings for civil/defence nuclear.
• Frazer-Nash Consultancy: UK-headquartered engineering consultancy with a dedicated nuclear safety and risk practice covering HAZID, ALARP, safety cases and independent peer review. Comparable because it sells very similar consulting services into the same civil and defence nuclear client base.

Broad incumbents

• Cavendish Nuclear (Babcock International): UK-based Tier-1 nuclear services provider within Babcock offering safety-case, criticality and decommissioning services across the defence and civil nuclear sectors. Comparable as a much broader incumbent whose specialist work directly overlaps NCS's offering to the same regulators and operators.
• Mott MacDonald: Global UK-headquartered engineering consultancy with a nuclear practice covering safety case, HAZOP/HAZID and decommissioning advisory. Comparable broad incumbent offering overlapping nuclear safety consulting capabilities, especially to UK regulator and operator clients.
• AtkinsRéalis (Nuclear): Global engineering services group with a substantial UK-based nuclear safety, licensing and risk consultancy practice. Comparable as a broad incumbent offering safety-case, ALARP and HAZOP support that competes for many of the same projects as NCS.
• Wood Group (Nuclear): International engineering consultancy with established nuclear safety, licensing and criticality consulting across UK civil and defence programmes. Overlaps with NCS's service line on safety-case production and independent peer review at scale.
• Jacobs (Critical Mission Solutions / Nuclear): Global engineering and nuclear services provider delivering safety-case, criticality and decommissioning consulting to UK regulators and operators. Comparable because its nuclear practice engages many of the same customers with broader portfolio solutions that overlap NCS's niche.
• Amentum (Nuclear Services): Global engineering and nuclear services firm providing safety-case, criticality and regulatory compliance support to UK and international nuclear clients. Comparable as a broad incumbent whose specialist nuclear practice directly competes for the same projects as NCS.

Emerging players

• SLR Consulting: UK-headquartered engineering and environmental consultancy that has built out nuclear safety and decommissioning capability (including via acquisition of DBD Nuclear). Comparable as a mid-sized consultancy now competing for safety-case and risk work adjacent to NCS.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NCS RISK MANAGEMENT LTD