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Rapid Global Resources Ltd

10359886

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

BRIDGE HOUSE, COVENTRY, CV6 4AD
Incorporated 05/09/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr Umer Anwaar Tarar

director · Since 05/09/2016

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 2 other boards

Persons with Significant Control

Mr Umer Anwaar Tarar

75–100% shares
75–100% votes
Appoint directors

British · England · Age 42

Bridge House, 9 - 13 Holbrook Lane, Coventry, CV6 4AD

Notified 05/09/2016

Former PSCs

Mr Irfan Ali Aslam

Ceased 31/03/2019

CompanyRankvs 68740+ SIC 96090 peers
42

Financial strength13th percentile among SIC peers · 3/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.15× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees2/15 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.

Longevity10/15 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 30/09/2024

Net Worth

-£4k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£41k

Working capital

Current Assets

£312k

Current Liabilities

£271k

Debtors

£309k

0avg. employees

Tax at Year End(2019)

Corp tax£3k

Balance Sheet

Assets less current liabilities£41k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.15+£0
20231.15-£382
20221.15-£516
20211.16+£661
20201.19
20190.96
20180.96

Derived from filed accounts. Not audited figures.