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Rapid Innovation Group Limited

04413734

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

LION COURT, LONDON, WC1V 6NY
Incorporated 10/04/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr Shields John Desmond Russell

director · Since 18/04/2002

BUSINESS CONSULTANT

IRISH · ENGLAND · Age 61

Also on 5 other boards

Mr Simon Harris Jackson

director · Since 27/06/2011

CONSULTANT

BRITISH · UNITED KINGDOM · Age 55

Also on 8 other boards

Persons with Significant Control

Mr Shields John Desmond Russell

50–75% shares

Irish · England · Age 61

Lion Court, 25 Procter Street, London, WC1V 6NY

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

METRO BANK PLC

Created 26/08/2015Registered 27/08/2015
charge
satisfied

CLYDESDALE BANK PLC

Created 01/12/2010Registered 08/12/2010Satisfied 13/11/2013

CompanyRankvs 588+ SIC 70229 peers
79

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.21× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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588Rapid Innovation Group Limited
89
How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£488k

Balance sheet strength

Cash

£287k

Cash in the bank

Net Current Assets

£343k

Working capital

Current Assets

£627k

Current Liabilities

£284k

Fixed Assets

£153k

Debtors

£340k

17avg. employees

Tax at Year End

Corp tax£33k

Balance Sheet

Assets less current liabilities£496k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.21-£23k
20232.44-£146k
20223.15+£159k
20212.66+£90k
20202.15+£314k
20191.54+£122k
20180.80—

Derived from filed accounts. Not audited figures.