{"name":"RAPID VISION SYSTEMS LIMITED","company_number":"05024716","status":"Active","type":"Private Limited Company","incorporated":"2004-01-23","dissolved":null,"registered_office":"9 Hurst Road, Longford, Coventry, England, CV6 6EG","postcode":"CV6 6EG","sic_codes":[{"code":47990,"description":"Other retail sale not in stores, stalls or markets"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 March","last_made_up_to":"2026-03-31","next_due":"2027-12-31"},"employees":{"count":6,"accounts_date":"2026-03-31"},"financials":[{"financial_date":"2026-03-31","net_assets":117090,"cash":13568,"average_employees":6},{"financial_date":"2025-03-31","net_assets":117090,"cash":139392,"average_employees":6},{"financial_date":"2024-03-31","net_assets":157962,"cash":127835,"average_employees":5},{"financial_date":"2023-03-31","net_assets":125804,"cash":31532},{"financial_date":"2022-03-31","net_assets":146582,"cash":91874}],"officers":{"current":1,"resigned":4,"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 Vision Systems Limited presents a mixed credit profile: adequate current liquidity with £139,392 cash and positive working capital of £124,678, but a deteriorating financial trajectory evidenced by a 25.9% decline in net assets and an 86.7% increase in current liabilities in FY2025. The company's thin capitalisation (£100 share capital), significant debtor concentration (62.8% of current assets), and parent company control structure require additional scrutiny. A conditional approval with financial covenants protecting against further equity erosion is recommended, alongside mandatory provision of quarterly management accounts to monitor the concerning trends.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/rapid-vision-systems","people":"https://www.companiesintheuk.co.uk/company/rapid-vision-systems/people","filing_history":"https://www.companiesintheuk.co.uk/company/rapid-vision-systems/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/05024716","financials":"https://www.companiesintheuk.co.uk/company/rapid-vision-systems/financial","control":"https://www.companiesintheuk.co.uk/company/rapid-vision-systems/control","ai_analysis":"https://www.companiesintheuk.co.uk/company/rapid-vision-systems/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-vision-systems"}