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Rapid Innovations Limited

04826129

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

WYCOLLER BECK FARMHOUSE WYCOLLER ROAD, COLNE, BB8 8SZ
Incorporated 09/07/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58290
Other software publishing
62020
Information technology consultancy activities
62090
Other information technology service activities

Officers

Dr Gary Whitaker

secretary · Since 09/07/2003

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 5 other boards

Neil James Andrews

director · Since 09/07/2003

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 2 other boards

Dr Gary Whitaker

director · Since 09/07/2003

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 5 other boards

Persons with Significant Control

Mr Neil James Andrews

Significant control

British · United Kingdom · Age 50

Wycoller Beck Farmhouse, Wycoller, Trawden, BB8 8SZ

Notified 30/06/2016

Former PSCs

Dr Gary Whitaker

Ceased 01/02/2026

CompanyRankvs 187+ SIC 58290 peers
83

Financial strength89th percentile among SIC peers · 22/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 4.63× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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187Rapid Innovations Limited
83
How is this score calculated?
Financial strength22/25 pts

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

Employees11/15 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 31/07/2025

Net Worth

£94k

Balance sheet strength

Cash

£23k

Cash in the bank

Net Current Assets

£93k

Working capital

Current Assets

£118k

Current Liabilities

£26k

Fixed Assets

£1k

Debtors

£95k

2avg. employees

Tax at Year End

Corp tax£7k

Director Loans

Company owes directors£11k

Balance Sheet

Assets less current liabilities£94k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.63+£20k
20246.44-£4k
20237.41-£3k
202211.97+£9k
20214.16-£15k
20204.16+£17k
20196.55+£2k
20184.80—

Derived from filed accounts. Not audited figures.