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Snap Rapid Limited

07949670

active
ltd
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

8 Coldbath Square, London, EC1R 5HL
Incorporated 14/02/2012

Previously known as

Gag354 Limited · until 23/11/2012

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 14/02/2026

Due 28/02/2027

On track

Industry

62012
Business and domestic software development

Officers

Mr Russell Glenister

director · Since 10/10/2012

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 12 other boards

Russell Glenister

director · Since 10/10/2012

British · England · Age 66

Former

Simon Timothy James Ratcliffe

director · Resigned 10/10/2012

Neil Roderick Walmsley

director · Resigned 10/10/2012

Hugh Alistair Carr-Archer

director · Resigned 16/10/2014

Persons with Significant Control

Mr Russell Glenister

75–100% shares

British · United Kingdom · Age 66

8 Coldbath Square, London, EC1R 5HL

Notified 06/04/2016

Change History

officer appointed → GLENISTER, Russell
2026-06-13
status → active
2026-06-13

Active

type → ltd
2026-06-13

Private Limited Company

address line1 → 8 Coldbath Square
2026-06-13

8 COLDBATH SQUARE

post town → London
2026-06-13

LONDON

CompanyRankvs 38228+ SIC 62012 peers
41

Financial strength1th percentile among SIC peers · 0/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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38228Snap Rapid Limited
37
How is this score calculated?
Financial strength0/25 pts

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

Employees6/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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

-£1.4M

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£28k

Working capital

Current Assets

£454k

Current Liabilities

£482k

Fixed Assets

£272

1avg. employees+1

Balance Sheet

Assets less current liabilities-£27k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.94-£1k
20230.95+£39k
20220.86+£105k
20210.64+£117k
20200.41+£97k
20190.37+£119k
20180.02—

Derived from filed accounts. Not audited figures.