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Rapid Tyre Service Ltd

13390328

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

HUNTINGTON ACCOUNTANCY 15 STAG DRIVE, CANNOCK, WS12 4UJ
Incorporated 12/05/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45320
Retail trade of motor vehicle parts and accessories

Officers

Mr Michael Parkes

secretary · Since 12/05/2021

Also on 3 other boards

Mr Michael Parkes

director · Since 12/05/2021

COMPANY DIRECTOR

ENGLISH · UNITED KINGDOM · Age 75

Also on 3 other boards

Persons with Significant Control

Mr Michael Parkes

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

English · United Kingdom · Age 75

Huntington Accountancy, 15 Stag Drive, Cannock, WS12 4UJ

Notified 12/05/2021

CompanyRankvs 1945+ SIC 45320 peers
72

Financial strength91th percentile among SIC peers · 23/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.72× · 16/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 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

£332k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£194k

Working capital

Current Assets

£443k

Current Liabilities

£257k

Fixed Assets

£165k

7avg. employees

Balance Sheet

Assets less current liabilities£359k
Prepared with BTCSoftware AP Solution 2025 12.2.02

EstimatesDerived

YearCurrent RatioImplied Profit
20251.72+£0
20251.72+£27k
20241.73+£119k
20231.32+£159k
20221.18

Derived from filed accounts. Not audited figures.