Rapid Tractors Uk Ltd
- Small
- Active
- 17 years
- 1 employee
- £188,520 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
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 Tractors UK Ltd is a small, active company based in Burton-On-Trent, UK, established seventeen years ago in 2007. With just one employee and £188,520 in assets, it's a lean operation run by a single director and owner, Wallis Robert Allen. The company operates from a real address at Unit 304 Fauld Industrial Estate, and regularly imports vehicles, parts, and accessories (excluding trains and trams) – a consistent activity spanning 27 months, with the latest import in February 2025.
The company’s website showcases a diverse range of machinery and equipment, acting as a UK distributor for Rapid hydrostatic drive two-wheel tractors and associated attachments, alongside Brielmaier toolcarriers, Knikmops articulated loaders, and Sitrex grassland machinery. It also distributes Fort tractors and equipment, and offers a selection of used tractors and equipment. The website highlights the machinery's reliability and flexibility, catering to agriculture, ground maintenance, construction, and landscaping sectors. They even offer a wide range of attachments, from cutter bars to woodchippers.
Financially, Rapid Tractors UK Ltd presents a mixed picture. Cash bank on hand has seen a significant jump, increasing by 570% to £72,000, which is good news. However, net assets have fallen by a substantial 61%, dropping to £14,000, and net current assets have plummeted by 77% to just £8,900. Trade debtors have increased dramatically, rising by 380% to £89,000, which could indicate challenges in collecting payments. Creditors, however, have decreased by 40%, suggesting improved debt management. The company’s small size (meeting two of three criteria for being small) helps it stay nimble, but the drop in equity is something to watch. There's no auditor mentioned, which is common for small companies. The company’s focus on specialist machinery and attachments, combined with its importer status, suggests a niche market strategy, but the financial figures suggest it's facing some pressures.
Registered in England/Wales under the registration number 06335836, with a registered address at DE13 9HS, England, Burton-On-Trent, Unit 304 Fauld Industrial Estate, Tutbury.
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
- 17 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Unaudited abridged accounts made up to 2024-03-31Download 8 pages pdf report
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Confirmation statement made on 2024-08-07 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-03-31Download 9 pages pdf report
Importer profile by HS codes
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Last imported products
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