Rapid Design Manufacturing Solutions Limited

Rapid Design Manufacturing Solutions Ltd from Bury, UK, is a small holding company with an active status, established twelve years ago. The company employs eighteen people and holds assets valued at £904,237. While it has a registered address, it’s likely a virtual one, as fifty-six companies share the same location. Two directors and three owners oversee operations, with the owner list having changed three years ago. The company regularly imports machinery, boilers, and mechanical appliances, parts, with the last import operation made eight months ago. It also exports these same items, with eleven months of export activity recorded, and the last shipment sent eight months ago.

The company’s website, MTOOL, showcases its expertise in manufacturing plastic injection, compression, and transfer mould tools. It’s a leading UK manufacturer, offering high-precision tools, electrode design, and repair services. The company's website highlights a commitment to reinvestment and customer focus, and it’s a member of the GTMA. It’s clear they’re aiming for a high-end market, with references to Delcam's Powerinspect software and Mitutoyo coordinating measuring machines. The website also mentions a history dating back to 1998, demonstrating a proven track record in producing quality products.

Financially, Rapid Design Manufacturing Solutions Ltd shows a mixed picture. Current assets increased slightly to £900,000, while net assets rose to £680,000—a positive sign. However, bank borrowings decreased by 39%, reaching £220,000, and cash reserves fell 30% to £47,000. Creditors also decreased by 53%, suggesting better debt management. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than fifty employees. The company’s financial reports are unaudited, as it is exempt from audit as a small company. The increase in trade debtors, however, suggests potential issues with customer payments. Overall, Rapid Design Manufacturing Solutions Ltd appears to be stable, but it’s important to monitor its cash flow and debt management closely.

Registered in England/Wales under the registration number 08149597, with a registered address at BL9 0DN, Bury, The Exchange, 5 Bank Street.

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