{"name":"RAPID (UK) ENGINEERING SERVICES LIMITED","company_number":"07308660","status":"Active","type":"Private Limited Company","incorporated":"2010-07-08","dissolved":null,"registered_office":"Unit 7 South Nelson Industrial Estate, Cramlington, England, NE23 1WF","postcode":"NE23 1WF","sic_codes":[{"code":24200,"description":"Manufacture of tubes, pipes, hollow profiles and related fittings, of steel"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Unaudited Abridged","year_end":"31 July","last_made_up_to":"2026-07-31","next_due":"2028-04-30"},"employees":{"count":22,"accounts_date":"2026-07-31"},"financials":[{"financial_date":"2026-07-31","net_assets":308895,"cash":25340,"average_employees":22},{"financial_date":"2025-07-31","net_assets":332752,"cash":22626,"average_employees":25},{"financial_date":"2024-07-31","net_assets":171005,"cash":59789,"average_employees":33},{"financial_date":"2023-07-31","net_assets":499422,"cash":193671},{"financial_date":"2022-07-31","net_assets":312319,"cash":57798}],"officers":{"current":6,"resigned":0,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_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.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/rapid-(uk)-engineering-services","people":"https://www.companiesintheuk.co.uk/company/rapid-(uk)-engineering-services/people","filing_history":"https://www.companiesintheuk.co.uk/company/rapid-(uk)-engineering-services/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/07308660","financials":"https://www.companiesintheuk.co.uk/company/rapid-(uk)-engineering-services/financial","control":"https://www.companiesintheuk.co.uk/company/rapid-(uk)-engineering-services/control","charges":"https://www.companiesintheuk.co.uk/company/rapid-(uk)-engineering-services/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/rapid-(uk)-engineering-services/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/rapid-(uk)-engineering-services"}