Rapid Vision Systems Limited

Rapid Vision Systems Ltd, based in Coventry, UK, is a small holding company with an active status, having been founded 21 years ago in 2004. The company employs six people and holds £338,491 in assets, but operates from a virtual address – fifteen companies are registered at the same location, which is a little unusual. With one director and two owners, and a perfect 5.0 Google rating from one review, it’s a small but well-regarded operation. The company is an irregular importer, with its top import category being optical and medical tools and devices, with just one month of import activity recorded as of January 01, 2017.

The company’s website highlights its position as a market leader in redeployable CCTV systems for both public and private sectors. Rapid Vision Systems manufactures solutions ideal for local government, housing associations, and police forces, utilizing wireless 3G and 4G technology. Their systems are redeployable, efficient, and effective for gathering footage in covert or overt environments, and can transmit images over WiFi or wireless networks. The website emphasizes bespoke systems and cost-effective solutions, and even offers a range of NOMAD cameras for surveillance in both urban and rural environments. The company also has a sales phone number and a tech support number.

Financially, Rapid Vision Systems Ltd presents a mixed picture. Current assets increased by a substantial 64%, reaching £340,000, while bank borrowings surged by 140%, reaching £60,000. Cash reserves also increased significantly, jumping 310% to £130,000. However, net assets increased by only 26%, reaching £160,000, suggesting that the increase in cash was offset by other liabilities. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the increase in liabilities is something to watch. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Rapid Vision Systems Ltd appears to be a small, specialized business with a strong online presence and a good reputation. The company is doing well, but the increase in liabilities is something to keep an eye on.

Registered in England/Wales under the registration number 05024716, with a registered address at CV6 6EG, England, Coventry, 9 Hurst Road, Longford.

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