Rapid Oil Production Ltd
09620240
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 20/08/2025
Due 03/09/2026
Industry
Officers
Persons with Significant Control
Former PSCs
Mr Geir Aune
Ceased 17/04/2024
Mr Tom Arne Kristiansen
Ceased 03/06/2020
CompanyRankvs 1302+ SIC 09100 peers29
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/06/2020
Net Worth
-£669k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£669k
Working capital
Current Assets
—
Current Liabilities
£669k
Balance Sheet
EstimatesDerived
| Year | Implied Profit |
|---|---|
| 2020 | -£213k |
| 2019 | -£168k |
Derived from filed accounts. Not audited figures.