Rapid Welding And Industrial Supplies Limited
02431802
Healthy
No risk factors detected.
Details
Previously known as
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 29/08/2025
Due 12/09/2026
Industry
Officers
secretary · Since 12/10/1991
BRITISH · UNITED KINGDOM · Age 66
Also on 11 other boards
director · Since 12/10/1991
TECHNICAL DIRECTOR
BRITISH · UNITED KINGDOM · Age 66
Also on 11 other boards
director · Since 12/10/1993
DIRECTOR
BRITISH · UNITED KINGDOM · Age 65
Also on 1 other board
Persons with Significant Control
Mr Robert Paul Edwards
British · United Kingdom · Age 66
Unit 2d, Hamilton Road, Portchester Park Cosham, PO6 4QE
Notified 06/04/2016
Roy David Edwards
British · United Kingdom · Age 65
Unit 2d, Hamilton Road, Portchester Park Cosham, PO6 4QE
Notified 06/04/2016
Change History
Active
Private Limited Company
UNIT 2D
PORTCHESTER PARK COSHAM
CompanyRankvs 373+ SIC 46140 peers79
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2026
Net Worth
£790k
Balance sheet strength
Cash
£498k
Cash in the bank
Net Current Assets
£498k
Working capital
Current Assets
£1.8M
Current Liabilities
£1.3M
Fixed Assets
£344k
Debtors
£767k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2026 | 1.37 | -£24k |
| 2025 | 1.40 | +£99k |
| 2024 | 1.36 | +£3k |
| 2023 | 1.34 | — |
Derived from filed accounts. Not audited figures.