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Rapid Fabs Limited

09052817

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

EQUITABLE HOUSE, HALIFAX, HX1 5SP
Incorporated 22/05/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Raymond Peter Dougherty

director · Since 22/05/2014

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 2 other boards

Persons with Significant Control

Mr Raymond Peter Dougherty

75–100% shares

British · England · Age 53

Equitable House, 55 Pellon Lane, Halifax, HX1 5SP

Notified 23/05/2016

Charges1 outstanding

A registered charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 18/06/2026Registered 25/06/2026
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 06/03/2017Registered 07/03/2017Satisfied 01/02/2024

CompanyRankvs 1936+ SIC 25990 peers
61

Financial strength65th percentile among SIC peers · 16/25
Employees53th percentile among SIC peers · 8/15
LiquidityCurrent ratio 2.73× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength16/25 pts

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

Employees8/15 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.

Longevity12/15 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.

Risk deductions

Outstanding charges: -10 pts

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

£145k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

£176k

Working capital

Current Assets

£277k

Current Liabilities

£101k

Fixed Assets

£81k

Debtors

£259k

3avg. employees+1

Tax at Year End

Corp tax£11k

Director Loans

Company owes directors£152k
Directors owe company£14k

Balance Sheet

Assets less current liabilities£256k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20252.73-£13k
20241.96

Derived from filed accounts. Not audited figures.