Rapid Tyre Service Ltd
13390328
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 12/05/2021
COMPANY DIRECTOR
ENGLISH · UNITED KINGDOM · Age 75
Also on 3 other boards
Persons with Significant Control
Mr Michael Parkes
English · United Kingdom · Age 75
Huntington Accountancy, 15 Stag Drive, Cannock, WS12 4UJ
Notified 12/05/2021
CompanyRankvs 1945+ SIC 45320 peers72
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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 31/05/2025
Net Worth
£332k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£194k
Working capital
Current Assets
£443k
Current Liabilities
£257k
Fixed Assets
£165k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.72 | +£0 |
| 2025 | 1.72 | +£27k |
| 2024 | 1.73 | +£119k |
| 2023 | 1.32 | +£159k |
| 2022 | 1.18 | — |
Derived from filed accounts. Not audited figures.