rapid business services limited
rapid business services limited Company Information
Company Number
01981936
Next Accounts
Apr 2025
Directors
Shareholders
james richard hallett
shelley gutteridge
Group Structure
View All
Industry
Management consultancy activities (other than financial management)
Registered Address
suite 1d, widford business centre, chelmsford, essex, CM1 3AG
Website
-rapid business services limited Estimated Valuation
Pomanda estimates the enterprise value of RAPID BUSINESS SERVICES LIMITED at £39.1k based on a Turnover of £81.7k and 0.48x industry multiple (adjusted for size and gross margin).
rapid business services limited Estimated Valuation
Pomanda estimates the enterprise value of RAPID BUSINESS SERVICES LIMITED at £0 based on an EBITDA of £-1.3k and a 4.12x industry multiple (adjusted for size and gross margin).
rapid business services limited Estimated Valuation
Pomanda estimates the enterprise value of RAPID BUSINESS SERVICES LIMITED at £20.9k based on Net Assets of £8k and 2.61x industry multiple (adjusted for liquidity).
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Rapid Business Services Limited Overview
Rapid Business Services Limited is a live company located in chelmsford, CM1 3AG with a Companies House number of 01981936. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in January 1986, it's largest shareholder is james richard hallett with a 50% stake. Rapid Business Services Limited is a mature, micro sized company, Pomanda has estimated its turnover at £81.7k with healthy growth in recent years.
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Rapid Business Services Limited Health Check
Pomanda's financial health check has awarded Rapid Business Services Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
4 Regular
6 Weak
Size
annual sales of £81.7k, make it smaller than the average company (£424.2k)
- Rapid Business Services Limited
£424.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a similar rate (6.8%)
- Rapid Business Services Limited
6.8% - Industry AVG
Production
with a gross margin of 59.5%, this company has a comparable cost of product (59.5%)
- Rapid Business Services Limited
59.5% - Industry AVG
Profitability
an operating margin of -1.6% make it less profitable than the average company (8%)
- Rapid Business Services Limited
8% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
- Rapid Business Services Limited
5 - Industry AVG
Pay Structure
on an average salary of £47.5k, the company has an equivalent pay structure (£47.5k)
- Rapid Business Services Limited
£47.5k - Industry AVG
Efficiency
resulting in sales per employee of £81.7k, this is less efficient (£120.2k)
- Rapid Business Services Limited
£120.2k - Industry AVG
Debtor Days
it gets paid by customers after 67 days, this is near the average (67 days)
- Rapid Business Services Limited
67 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Rapid Business Services Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Rapid Business Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 9 weeks, this is less cash available to meet short term requirements (27 weeks)
9 weeks - Rapid Business Services Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.1%, this is a higher level of debt than the average (55.7%)
92.1% - Rapid Business Services Limited
55.7% - Industry AVG
RAPID BUSINESS SERVICES LIMITED financials
Rapid Business Services Limited's latest turnover from July 2023 is estimated at £81.7 thousand and the company has net assets of £8 thousand. According to their latest financial statements, we estimate that Rapid Business Services Limited has 1 employee and maintains cash reserves of £16.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | ||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 34 | 46 | 61 | 82 | 108 | |||||||||
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 34 | 46 | 61 | 82 | 108 | |||||||||
| Stock & work in progress | 830 | 11,166 | ||||||||||||
| Trade Debtors | 15,130 | 15,130 | 84,267 | 17,575 | 7,600 | 30,872 | 40,701 | 169,481 | 162,080 | 137,100 | 129,660 | 81,072 | 62,489 | |
| Group Debtors | ||||||||||||||
| Misc Debtors | 70,137 | 72,487 | 128,769 | 96,138 | 93,472 | 171,550 | 84,555 | |||||||
| Cash | 16,423 | 16,314 | 17,215 | 33,618 | 24,505 | 9,238 | 5,307 | 4,074 | 1,496 | 1,747 | 1,744 | 1,239 | 694 | 1,836 |
| misc current assets | ||||||||||||||
| total current assets | 101,690 | 103,931 | 101,482 | 179,962 | 128,243 | 102,710 | 207,729 | 130,160 | 182,143 | 163,827 | 138,844 | 130,899 | 81,766 | 64,325 |
| total assets | 101,690 | 103,931 | 101,482 | 179,962 | 128,243 | 102,710 | 207,729 | 130,160 | 182,143 | 163,861 | 138,890 | 130,960 | 81,848 | 64,433 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 94,283 | 1 | 1 | 808 | 130,386 | 126,849 | 103,015 | 97,911 | 43,678 | 45,097 | ||||
| Group/Directors Accounts | ||||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 93,693 | 95,455 | 174,256 | 113,580 | 98,299 | 199,060 | 129,569 | |||||||
| total current liabilities | 93,693 | 95,455 | 94,283 | 174,257 | 113,580 | 98,300 | 199,060 | 130,377 | 130,386 | 126,849 | 103,015 | 97,911 | 43,678 | 45,097 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | ||||||||||||||
| total long term liabilities | ||||||||||||||
| total liabilities | 93,693 | 95,455 | 94,283 | 174,257 | 113,580 | 98,300 | 199,060 | 130,377 | 130,386 | 126,849 | 103,015 | 97,911 | 43,678 | 45,097 |
| net assets | 7,997 | 8,476 | 7,199 | 5,705 | 14,663 | 4,410 | 8,669 | -217 | 51,757 | 37,012 | 35,875 | 33,049 | 38,170 | 19,336 |
| total shareholders funds | 7,997 | 8,476 | 7,199 | 5,705 | 14,663 | 4,410 | 8,669 | -217 | 51,757 | 37,012 | 35,875 | 33,049 | 38,170 | 19,336 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 34 | 12 | 15 | 21 | 26 | 34 | ||||||||
| Amortisation | ||||||||||||||
| Tax | ||||||||||||||
| Stock | -830 | -10,336 | 11,166 | |||||||||||
| Debtors | -2,350 | 3,350 | -62,077 | 42,606 | 10,266 | -108,950 | 77,166 | -44,225 | 7,401 | 24,980 | 7,440 | 48,588 | 18,583 | 62,489 |
| Creditors | -94,283 | 94,282 | 1 | -1 | 1 | -808 | -129,578 | 3,537 | 23,834 | 5,104 | 54,233 | -1,419 | 45,097 | |
| Accruals and Deferred Income | -1,762 | 95,455 | -174,256 | 60,676 | 15,281 | -100,761 | 69,491 | 129,569 | ||||||
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | ||||||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 109 | -901 | -16,403 | 9,113 | 15,267 | 3,931 | 1,233 | 2,578 | -251 | 3 | 505 | 545 | -1,142 | 1,836 |
| overdraft | ||||||||||||||
| change in cash | 109 | -901 | -16,403 | 9,113 | 15,267 | 3,931 | 1,233 | 2,578 | -251 | 3 | 505 | 545 | -1,142 | 1,836 |
rapid business services limited Credit Report and Business Information
Rapid Business Services Limited Competitor Analysis
Perform a competitor analysis for rapid business services limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in CM1 area or any other competitors across 12 key performance metrics.
rapid business services limited Ownership
RAPID BUSINESS SERVICES LIMITED group structure
Rapid Business Services Limited has no subsidiary companies.
Ultimate parent company
RAPID BUSINESS SERVICES LIMITED
01981936
rapid business services limited directors
Rapid Business Services Limited currently has 1 director, Mr James Hallett serving since Oct 2008.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Hallett | England | 44 years | Oct 2008 | - | Director |
P&L
July 2023turnover
81.7k
+8%
operating profit
-1.3k
0%
gross margin
59.6%
-0.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
8k
-0.06%
total assets
101.7k
-0.02%
cash
16.4k
+0.01%
net assets
Total assets minus all liabilities
rapid business services limited company details
company number
01981936
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
January 1986
age
39
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
N/A
accountant
MARRIOTTS CONSULTANCY
auditor
-
address
suite 1d, widford business centre, chelmsford, essex, CM1 3AG
Bank
-
Legal Advisor
-
rapid business services limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to rapid business services limited.
rapid business services limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for RAPID BUSINESS SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
rapid business services limited Companies House Filings - See Documents
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