Rapivd Limited

Rapivd Ltd, based in Sharnbrook, UK, is a small, active company founded seven years ago. With nine employees and £194,372 in assets, it operates from a real address and is overseen by two directors and one owner. The company regularly imports miscellaneous chemical products, with its last import operation occurring in April 2024.

The company’s website reveals a specialist contract research, development, and manufacturing business focused on lateral flow technology. RAPIvD provides services to organizations worldwide, operating at the cutting edge of rapid in vitro diagnostics. Their expertise, dating back to the origins of lateral flow devices, is led by Dr. Robert Porter, who was a member of the team that developed the first home pregnancy test. The company offers services ranging from assay development to manufacturing, and even provides quick online chats to assess project feasibility.

Financially, Rapivd Ltd’s recent performance presents a mixed picture. While cash bank on hand decreased by a significant 68% to £25,000, corporation tax recoverable jumped to £33,000. Current assets have fallen by 40% to £190,000, and net assets have also dropped by 34% to £170,000. Debtors have decreased by 32% to £170,000, but creditors have also fallen by 44% to £74,000. The number of employees has increased by 22% to 11, suggesting growth in operational activity. As a small company meeting two of three criteria (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), Rapivd Ltd benefits from simplified reporting requirements, and no auditor is mentioned. The company’s financial trends suggest it’s navigating a period of change, potentially reinvesting in growth while managing its working capital.

Registered in England/Wales under the registration number 11225261, with a registered address at MK44 1LZ, England, Sharnbrook, Beds, Exchange, Colworth Science Park.

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