Rapid Rail International Limited
- Small
- Active
- 21 years
- 5 employees
- £2,543,480 (assets)
- Virtual address
- 5 directors
- 1 owner
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Rapid Rail International Ltd, based in Cardiff, UK, is a small, active company founded 21 years ago. With five employees and £2,543,480 in assets, it operates from a virtual address—a fact highlighted by the presence of 22 other companies registered at the same location. The company is led by five directors and has one owner, Warren Bernard Raymond. It’s a regular importer and exporter of iron or steel products, with 10 months of import activity and a substantial 126 months of export activity recorded.
The company's website reveals it's a leader in industrial height safety systems, catering to industries like aluminium smelting, paper manufacturing, and nuclear power. Rapid Rail specializes in horizontal lifeline systems, roof safety systems, and training, emphasizing compliance with national and international safety standards. The business even has a showroom in Harrods, London, showcasing its high-end piano restoration division.
Financially, Rapid Rail International Ltd presents a mixed picture. Cash reserves increased by a significant 110% to £2,100,000, while current assets also grew by 63% to £2,500,000. However, trade debtors dropped by a considerable 40% to £210,000, and net assets fell by 10% to £2,400,000. The number of employees decreased by 20% to four, which could be a result of streamlining operations. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the decrease in debtors suggests potential payment issues. As a small company, it is exempt from an audit, so the figures are unaudited.
Overall, Rapid Rail International Ltd appears to be navigating a period of change, with strong asset growth offset by some concerning trends in debtor management.
Registered in England/Wales under the registration number 04865509, with a registered address at CF24 5PJ, Cardiff, 7 Neptune Court, Vanguard Way.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 5 years
-
Resident of United Kingdom
-
Individual
- 15 years
-
Resident of United Kingdom
-
Individual
- 15 years
-
Resident of United Kingdom
-
Individual
- 18 years
-
Resident of United Kingdom
-
Individual
- 21 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Confirmation statement made on 2024-10-12 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2024-01-31Download 8 pages pdf report
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Total exemption full accounts made up to 2023-01-31Download 8 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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Similar exporters
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FAQ about Rapid Rail International Limited
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