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Rapid Computing Limited

04667591

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

8 CHURCH GREEN EAST, REDDITCH, B98 8BP
Incorporated 17/02/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Kay Nicola Jenkins

secretary · Since 24/03/2003

COMPANY SECRETARY

BRITISH · UNITED KINGDOM · Age 58

Also on 3 other boards

Kay Nicola Jenkins

director · Since 24/03/2003

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 3 other boards

Mr Meirion Jenkins

director · Since 24/03/2003

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 11 other boards

Persons with Significant Control

Mr Meirion Jenkins

75–100% shares

British · United Kingdom · Age 66

8, Church Green East, Redditch, B98 8BP

Notified 30/06/2016

CompanyRankvs 9734+ SIC 62020 peers
76

Financial strength97th percentile among SIC peers · 24/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 20.22× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

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.

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

Key FinancialsYear ending 30/11/2024

Turnover

£81k

Annual revenue

Net Worth

£505k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£512k

Working capital

Current Assets

£539k

Current Liabilities

£27k

Fixed Assets

£0

Profit After Tax

£40k

0avg. employees

Balance Sheet

Depreciation£0
Assets less current liabilities£512k
Signed by 1.12.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
202420.22+£32k
202337.81+£27k
202217.42+£61k
20217.75+£66k
20205.76+£43k
20194.71+£89k
20187.28

Derived from filed accounts. Not audited figures.