RAPID (UK) ENGINEERING SERVICES LIMITED
Company number 07308660 · Monitor this company
Executive summary
RAPID (UK) ENGINEERING SERVICES LIMITED is fundamentally profitable and has successfully grown its net assets and retained earnings, but it is currently suffering from a severe liquidity crisis. Cash reserves have plummeted to just £22,626, and current liabilities dangerously exceed current assets by over £100,000, primarily due to money tied up in unpaid invoices and heavy capital investment. Immediate intervention is required to improve debtor collection and secure short-term financing before the working capital deficit threatens the company's ability to operate.
Shareholders' funds
£308,895
Balance sheet as at 2026-07-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2010-07-08
- Employees
- 22 (2026 accounts · was 25 in 2025)
- Registered office
- Unit 7 South Nelson Industrial Estate, Cramlington, England, NE23 1WF
- Postcode
- NE23 1WF
- Capital
- 6 GBP
- Accounts category
- Unaudited Abridged
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2026-07-31
- Next due by
- 2028-04-30
- Financial year end
- 31 July
Confirmation statement
- Last statement dated
- 2026-07-08
- Next due by
- 2027-07-22
Nature of business (SIC)
- 24200 Manufacture of tubes, pipes, hollow profiles and related fittings, of steel
Officers 6 current
Previous registered addresses 2
| Address | Changed on |
|---|---|
| UNIT 3 FERGUSONS BUSINESS PARK, SLEEKBURN, BEDLINGTON, NORTHUMBERLAND, NE22 7BN | 2011-05-31 |
| 18 BRAMPTON PLACE, NORTH SHIELDS, TYNE AND WEAR, NE29 7BN | 2010-08-13 |
Among its peers
Top 25%
by shareholders' funds, of 12 similar companies in NE
3rd largest employer among its local peers (22 staff).
2nd oldest of its local peers, trading since 2010.
Competitors Newcastle Upon Tyne
This company ranks 3 among manufacture of tubes, pipes, hollow profiles and related fittings, of steel in Newcastle Upon Tyne.
The class of 2010
21%
of the 376,888 companies incorporated in 2010 are still active today; 78% have since been dissolved.
A fact about the year, not a forecast for this company.