Rapidmove Limited

Rapidmove Limited is a small, active company based in Wilmslow, Cheshire, UK. Founded 21 years ago in May 2003, it’s a solo-founded operation with one director and owner, Rowbotham David Frederic. The company employs just one person and holds £9,753 in assets, operating from a real address. It boasts a respectable 4.0 Google rating based on three reviews.

The company specializes in retail sale via mail order houses or via internet, alongside removal services. It’s a small business, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The website, however, is currently unavailable, so it’s difficult to assess the extent of its e-commerce activity.

Financially, Rapidmove Limited's recent performance shows some concerning trends. Accumulated depreciation has remained constant, but cash bank on hand has decreased by 35% to £4,200. Creditors have fallen by 26% to £23,000, which is a positive sign, but debtors have skyrocketed by 1100% to £5,500. Equity has also declined by 45% to -£13,000, indicating a growing deficit. Tax payable has increased by 160% to £1,200. Despite these challenges, the company’s small size allows for flexibility. As a small company, it is exempt from an audit, and the financial statements are unaudited.

Overall, Rapidmove Limited appears to be facing financial pressures, with declining cash reserves and growing debts. Whether these trends are temporary or indicative of longer-term issues remains to be seen—but the company's solo founder will need to carefully manage its resources to ensure its continued operation.

Registered in England/Wales under the registration number 04757411, with a registered address at SK9 4BU, Cheshire, 8 Clough Avenue, Wilmslow.

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