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Rapid Powders Limited

09167505

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

6,7/1F UNIT 29 BLYTHE HOUSE BLYTHE PARK, CRESSWELL LANE, STOKE-ON-TRENT, ST11 9RD
Incorporated 08/08/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22290
Manufacture of other plastic products

Officers

Mr Ian Henry Balchin

director · Since 08/08/2014

DIRECTOR

BRITISH · ENGLAND · Age 61

Dr David John Field

director · Since 08/08/2014

DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 3 other boards

Persons with Significant Control

Mr Ian Henry Balchin

25–50% shares
25–50% votes

British · England · Age 61

6,7/1f Unit 29 Blythe House, Blythe Park, Cresswell Lane, Stoke-On-Trent, ST11 9RD

Notified 08/08/2016

Dr David John Field

25–50% shares
25–50% votes

British · England · Age 70

6,7/1f Unit 29 Blythe House, Blythe Park, Cresswell Lane, Stoke-On-Trent, ST11 9RD

Notified 12/09/2017

Former PSCs

Dr David John Field

Ceased 12/09/2017

CompanyRankvs 2421+ SIC 22290 peers
37

Financial strength2th percentile among SIC peers · 1/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees7/15 pts

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

Liquidity2/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2024

Net Worth

-£231k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£228k

Working capital

Current Assets

£4k

Current Liabilities

£233k

Fixed Assets

£28k

Debtors

£3k

2avg. employees-1

Balance Sheet

Intangible assets£19k
Assets less current liabilities-£201k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.02-£51k
20230.06-£83k
20220.21-£46k
20210.28
20200.10
20190.04
20180.25

Derived from filed accounts. Not audited figures.