Rapid Solutions (international) Limited

Rapid Solutions International Ltd, based in Cambridge, UK, is a small, active company founded ten years ago. With two employees and £586,806 in assets, it operates from a real address and is overseen by one director and owner. The company regularly imports and exports electrical machinery and equipment – 3 months of imports and 38 months of exports recorded, the last export operation being in October 2024.

The company’s website reveals a focus on IT asset disposition (ITAD) and electronics recycling. Rapid Solutions International acts as a wholesale distributor of refurbished IT equipment, specializing in ITAD services. They handle everything from data destruction and remarketing to data center services and IT asset buyback, catering to businesses, schools, and institutions. Their services include electronics recycling, data destruction, and remarketing, with a focus on laptops, desktop PCs, hard drives, and RAM. The site also features a blog with industry news and insights, demonstrating a commitment to thought leadership in the ITAD space.

Financially, Rapid Solutions International Ltd shows a mixed picture. Cash bank on hand has dropped significantly by 70% to £180,000, and net assets are down 25% to -£140,000. However, trade debtors have increased dramatically by 840%, reaching £320,000 – potentially indicating growth in sales but also a risk of delayed payments. Creditors have also increased, rising 150% to £650,000, and bank borrowings are up, though the specific figures are not immediately clear. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no auditor mentioned, which is common for small, exempt companies.

Overall, Rapid Solutions International Ltd appears to be navigating a period of change. While the ITAD business seems active and well-positioned, the financial data suggests some challenges—perhaps related to rapid growth or increased costs. The company’s ability to manage its debts and maintain healthy cash flow will be key to its long-term success.

Registered in England/Wales under the registration number 09088836, with a registered address at CB2 9LG, England, Cambridge, Francis Court Maris Lane, Trumpington.

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