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Rapid Processing Limited

06767554

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

ROE HEAD MILL, MIRFIELD, WF14 0DG
Incorporated 08/12/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22220
Manufacture of plastic packing goods

Officers

Mark Robert Suttle

director · Since 08/12/2008

MANAGER

BRITISH · UNITED KINGDOM · Age 51

Mr Simon Elliott

director · Since 21/10/2011

ENGINEER

BRITISH · ENGLAND · Age 61

Also on 21 other boards

Persons with Significant Control

Mr Simon Elliott

25–50% shares

British · England · Age 61

Roe Head Mill, Far Common Road, Mirfield, WF14 0DG

Notified 06/04/2016

CompanyRankvs 140+ SIC 22220 peers
65

Financial strength51th percentile among SIC peers · 13/25
Employees67th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.17× · 12/20
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 strength13/25 pts

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

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 31/12/2024

Net Worth

£24k

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

£22k

Working capital

Current Assets

£156k

Current Liabilities

£134k

Fixed Assets

£3k

Debtors

£115k

6avg. employees+2

Tax at Year End(2022)

Corp tax-£854
VAT£118

Director Loans(2022)

Company owes directors£1k

Balance Sheet

Assets less current liabilities£25k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.17+£4k
20231.13+£512
20231.09+£30k
20220.19-£763£2k
20210.39+£3k£2k
20200.10£15k
20191.52

Derived from filed accounts. Not audited figures.