Rapid Access Ltd
06661696
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/08/2008
DIRECTOR
BRITISH · ENGLAND · Age 47
Also on 1 other board
Persons with Significant Control
Mr Samuel James Kibler
British · England · Age 47
Lauren House, Aston Road, Nuneaton, CV11 5EL
Notified 01/08/2016
Former PSCs
Mr Samuel James Kibler
Ceased 30/04/2025
Charges2 outstanding
BANK OF SCOTLAND PLC
HITACHI CAPITAL (UK) PLC T/AS HITACHI CAPITAL INVOICE FINANCE
CompanyRankvs 123+ SIC 25120 peers60
Show leaderboard
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
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/08/2024
Turnover
£11.9M
Annual revenue
Net Worth
£905k
Balance sheet strength
Cash
£123k
Cash in the bank
Profit Before Tax
£529k
Bottom line earnings
Net Current Assets
£518k
Working capital
Current Assets
£3.1M
Current Liabilities
£2.6M
Fixed Assets
£1.2M
Debtors
£2.1M
Cost of Sales
£6.8M
Gross Profit
£5.1M
Admin Expenses
£4.4M
Operating Profit
£708k
Profit After Tax
£479k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.20 | +£9k |
| 2023 | 1.26 | +£485k |
| 2022 | 1.06 | +£2k |
| 2021 | 1.13 | +£41k |
| 2020 | 1.02 | -£194k |
| 2019 | 1.11 | +£121k |
| 2018 | 1.07 | — |
Derived from filed accounts. Not audited figures.