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Rapid Exploration Limited

12023904

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

3RD FLOOR, IVY MILL CROWN STREET, MANCHESTER, M35 9BG
Incorporated 30/05/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64999
Other financial service activities

Officers

Mr Matthew Benjamin Turney

director · Since 30/05/2019

DIRECTOR

BRITISH,SWEDISH · ENGLAND · Age 47

Mrs Toni Ann Towell

secretary · Since 14/01/2023

Persons with Significant Control

Mr Matthew Benjamin Turney

75–100% shares

British,Swedish · England · Age 47

3rd Floor, Ivy Mill, Crown Street, Manchester, M35 9BG

Notified 30/05/2019

Former PSCs

Mr Ranjeev Singh-Sidhu

Ceased 10/06/2022

CompanyRankvs 16031+ SIC 64999 peers
44

Financial strength57th percentile among SIC peers · 14/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.51× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 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.

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.

Longevity7/15 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 31/05/2025

Net Worth

£10k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£55k

Working capital

Current Assets

£58k

Current Liabilities

£112k

Fixed Assets

£143k

Debtors

£56k

0avg. employees

Balance Sheet

Intangible assets£139k
Assets less current liabilities£89k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.51+£0
20250.51+£0
20240.11+£0

Derived from filed accounts. Not audited figures.