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Rapidinsure.Co.Uk Limited

03870327

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

168 CHURCH ROAD, HOVE, BN3 2DJ
Incorporated 28/10/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Mark Underwood

director · Since 24/01/2012

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 4 other boards

Mr Richard John Underwood

director · Since 24/01/2012

DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 3 other boards

Persons with Significant Control

Mr Richard John Underwood

ownership-of-shares-50-to-75-percent-as-firm
voting-rights-50-to-75-percent-as-firm
Appoint directors

British · England · Age 72

168, Church Road, Hove, BN3 2DJ

Notified 06/04/2016

Home Support (Uk) Limited

75–100% shares
75–100% votes

168, Church Road, Hove, BN3 2DL

Reg: 07859953 · England & Wales · Limited Company

Notified 28/10/2023

Charges2 outstanding

charge
outstanding

SANTANDER UK PLC (AS SECURITY TRUSTEE)

Created 31/10/2012Registered 06/11/2012
charge
satisfied

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 10/05/2012Registered 19/05/2012Satisfied 13/11/2012
charge
satisfied

HSBC BANK PLC

Created 26/03/2012Registered 27/03/2012Satisfied 13/11/2012
charge
satisfied

HSBC BANK PLC

Created 17/04/2001Registered 19/04/2001Satisfied 21/12/2011
charge
outstanding

METROPOLITAN & CAPITAL PROPERTIES LIMITED

Created 23/02/2000Registered 29/02/2000

CompanyRankvs 6911+ SIC 62090 peers
55

Financial strength92th percentile among SIC peers · 23/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 19.78× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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6911Rapidinsure.Co.Uk Limited
75
How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern No material uncertainties, that may cast significant doubt about the ability of the company to continue as a going concern, have been identified by the directors. The directors consider

Key FinancialsYear ending 31/12/2024

Net Worth

£253k

Balance sheet strength

Cash

£47k

Cash in the bank

Net Current Assets

£253k

Working capital

Current Assets

£266k

Current Liabilities

£13k

Debtors

£219k

0avg. employees

Tax at Year End

Corp tax£5k

Balance Sheet

Assets less current liabilities£253k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
202419.78+£3k
202321.31+£15k
202218.71+£64k
20209.52+£35k
20194.82+£19k
20186.21—

Derived from filed accounts. Not audited figures.