Rapid Retail Limited

Rapid Retail Ltd from Pershore UK is a small, active company founded 20 years ago, employing 16 people and holding assets worth £1,231,304. With a real address and two directors, it’s a relatively established business. The company is an irregular importer of furniture, lighting, and prefabricated buildings, with just one month of import activity recorded, and a regular exporter of the same items, with four months of export activity.

The company operates in the other business support service activities n.e.c. industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. Capital For Colleagues, the company’s website, focuses on the employee-owned business (EOB) sector. It provides advice, investment, and support to businesses transitioning to or already operating as employee-owned entities. The site highlights case studies of successful EOBs and emphasizes the benefits of this ownership model, like increased employee engagement and improved business performance. It’s clear that Capital For Colleagues isn’t just a retail outlet; it’s a platform for promoting and facilitating the EOB movement. The website includes a phone callback feature, a blog, and detailed information about investment strategies. It’s a well-designed site, aimed at both investors and businesses interested in employee ownership.

Financially, Rapid Retail Ltd’s recent performance presents a mixed picture. Bank borrowings decreased significantly by 59%, dropping to £390,000, which is a positive sign. Cash reserves, however, increased dramatically by 990%, reaching a substantial £230,000 – a significant improvement. Creditors decreased by 8.1%, suggesting better debt management. However, the company’s net assets increased by 48%, while trade debtors increased by 100%. The company’s small size helps it remain agile, but the increase in debtors could indicate challenges in collecting payments. The company’s unaudited financial statements, due to its small size, rely on director-reported data. The company’s auditor is T&W Accounts Limited.

Registered in England/Wales under the registration number 05420457, with a registered address at WR10 2JL, England, Pershore, Unit 1 Goodwood Road, Keytec 7 Business Park.

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