Rapid Boiler Spares Ltd

Rapid Boiler Spares Ltd, based in Blackburn, UK, is a small, active company founded two years ago. With £7,055 in assets and a real address, it’s a solo-founded operation managed by a single director and owner. The company runs an e-commerce site and enjoys a perfect 5.0 Google rating from 92 reviews—a testament to its customer service. It operates in the retail sale via mail order houses or via internet industries.

The company’s website showcases a range of boiler spares and accessories, catering to both trade professionals and DIY enthusiasts. While the site’s design is functional, it lacks the polish of larger competitors. It’s clear that Rapid Boiler Spares Ltd prioritizes product availability and competitive pricing over flashy marketing. The site also offers central heating services in Stockport, England.

Financially, Rapid Boiler Spares Ltd presents a mixed picture. Current assets remained steady at £7,100, while net assets slightly increased to £1,100. Cash reserves are a modest £1,700, and bank borrowings are a small £2,000. Creditors have risen to £3,900 within a year, and £2,000 after one year. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the relatively low cash reserves suggest it’s operating on a tight budget. No auditor is mentioned, likely due to its small size and exemption from an audit.

Overall, Rapid Boiler Spares Ltd appears to be a solid, albeit small, business with a strong online reputation. Its focus on boiler spares and accessories, combined with its competitive pricing, positions it well in a niche market. Whether it can scale its operations and increase profitability remains to be seen, but for now, it’s a business that’s doing well enough to survive.

Registered in England/Wales under the registration number 14312378, with a registered address at BB1 2QH, England, Blackburn, Unit 2 The Guide Business Centre School Lane, Guide.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.