Rapid Engineering N.E. Limited
04816411
Healthy
- No accounts filed in last 18 months (-5)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 19/04/2024
DIRECTOR
FILIPINO · ENGLAND · Age 38
Also on 2 other boards
director · Since 10/03/2025
DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 13 other boards
Persons with Significant Control
N. E. European Limited
Unit 6, Empire Road, Bicester, OX26 2FL
Reg: 15644425 · England · Limited Company
Notified 30/09/2025
Former PSCs
Mr Neil James Simpkins
Ceased 28/02/2020
React Industrial Solutions Limited
Ceased 30/09/2025
European Engineering Group Ltd
Ceased 30/09/2025
Charges2 outstanding
CLYDESDALE BANK PUBLIC LIMITED COMPANY
MICHAEL NOBLE AND PHILIP NOBLE
CompanyRankvs 271+ SIC 71129 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.
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
£6.2M
Balance sheet strength
Cash
£2.0M
Cash in the bank
Net Current Assets
£6.2M
Working capital
Current Assets
£7.5M
Current Liabilities
£1.3M
Fixed Assets
£35k
Debtors
£5.1M
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 5.84 | +£135k |
| 2023 | 4.30 | — |
Derived from filed accounts. Not audited figures.