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Rapid Fluidics Limited

12752937

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

Metro House, Unit B, Ground Floor, Marconi Way, Gateshead, NE11 9NH
Incorporated 19/07/2020

Compliance

Last accounts

31/07/2025

total exemption full

Next accounts due

30/04/2027

On track

Confirmation statement

Last: 30/06/2026

Due 14/07/2027

On track

Industry

71122
Engineering related scientific and technical consulting activities

Officers

Mr Paul Marshall

director · Since 19/07/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 1 other board

Paul Marshall

director · Since 19/07/2020

British · United Kingdom · Age 49

Former

Charalampos Tzivelekis

director · Resigned 30/09/2024

Persons with Significant Control

Mr Paul Marshall

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 49

Unit G2, Smith And Co Accountants, Tanfield Lea, Stanley, DH9 9DB

Notified 19/07/2020

Former PSCs

Dr Charalampos Tzivelekis

Ceased 30/09/2024

Mr Thomas Michael Willshare

Ceased 03/10/2024

Change History

statusactive
2026-08-11

Active

typeltd
2026-08-11

Private Limited Company

address line1Metro House, Unit B, Ground Floor
2026-08-11

METRO HOUSE, UNIT B, GROUND FLOOR

post townGateshead
2026-08-11

GATESHEAD

officer appointedMARSHALL, Paul
2026-08-11

CompanyRankvs 16162+ SIC 71122 peers
37

Financial strength1th percentile among SIC peers · 0/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees14/15 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.

Longevity6/15 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 31/07/2025

Net Worth

-£433k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

-£453k

Working capital

Current Assets

£36k

Current Liabilities

£490k

Fixed Assets

£21k

Debtors

£22k

7avg. employees+2

Tax at Year End

Corp tax£178
VAT£3k

Director Loans

Company owes directors£179k

Balance Sheet

Assets less current liabilities-£433k
Signed by Mr Paul Marshall 07/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.07-£195k£55k
20240.20-£140k£27k
20230.20£32k

Derived from filed accounts. Not audited figures.