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Rapid Check Ltd

13838122

active
Private Limited Company
Companies House
Health Score
62 / 100

Some Concerns

30/30
Filing
0/30
Financial
32/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

18 THRICKNELLS CLOSE, LUTON, LU3 3RP
Incorporated 10/01/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Ms Latifat Omolabake Balogun

director · Since 10/01/2022

PRODUCTION LINE WORKER

NIGERIAN · ENGLAND · Age 41

Also on 1 other board

Persons with Significant Control

Mr Latifat Omolabake Balogun

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

Nigerian · United Kingdom · Age 41

18, Thricknells Close, Luton, LU3 3RP

Notified 10/01/2022

Charges4 outstanding

Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 02/05/2024Registered 20/05/2024
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 02/05/2024Registered 20/05/2024
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 02/05/2024Registered 18/05/2024
Charge
outstanding

TOGETHER COMMECIAL FINANCE LIMITED

Created 02/05/2024Registered 18/05/2024

CompanyRankvs 122646+ SIC 68100 peers
25

Financial strength21th percentile among SIC peers · 5/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength5/25 pts

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

Employees9/15 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.

Longevity4/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/01/2025

Net Worth

-£4k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£278k

Working capital

Current Assets

£1k

Current Liabilities

£280k

Fixed Assets

£274k

1avg. employees+1

Balance Sheet

Assets less current liabilities-£4k
Prepared with FreeAgent

EstimatesDerived

YearCurrent Ratio
20250.01
2023Infinity

Derived from filed accounts. Not audited figures.