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Rapid Plumbing & Heating Ltd

04943753

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

54 MAYCROSS AVENUE, MORDEN, SM4 4DA
Incorporated 27/10/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mr Michael Charles Payne

director · Since 27/10/2003

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 1 other board

Persons with Significant Control

Mr Michael Charles Payne

Appoint directors

British · England · Age 60

54, Maycross Avenue, Morden, SM4 4DA

Notified 15/09/2016

CompanyRankvs 8065+ SIC 43220 peers
66

Financial strength53th percentile among SIC peers · 13/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 24.03× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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8065Rapid Plumbing & Heating Ltd
66
How is this score calculated?
Financial strength13/25 pts

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

Employees3/15 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 31/03/2025

Net Worth

£6k

Balance sheet strength

Cash

£34k

Cash in the bank

Net Current Assets

£39k

Working capital

Current Assets

£40k

Current Liabilities

£2k

Debtors

£6k

1avg. employees

Balance Sheet

Assets less current liabilities£39k
Signed by Mr Michael Charles PAYNE 06/08/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202524.03+£299
202414.63-£2k
202319.58-£917
20223.58+£8k
20211.92—

Derived from filed accounts. Not audited figures.