Rapid Industrial Flooring Services Ltd

Key Facts

Net Assets

Current: £465,476

Previous: £530,240

Change: -64,764 (-12.2%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £1,110,282

Previous: £838,856

Change: +£271,426 (+32.4%)

Comment: Current assets increased significantly.

Cash

Current: £193,871

Previous: £446,324

Change: -£252,453 (-56.6%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £48,015

Previous: £70,940

Change: -£22,925 (-32.3%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £311,179

Previous: £431,719

Change: -£120,540 (-27.9%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £269,750

Previous: £225,948

Change: +£43,802 (+19.4%)

Comment: Fixed assets grew steadily.

Turnover

Current: Not reported

Previous: Not reported

Comment: Turnover not reported for either period, which is common for micro‑entity and small business.

Employees

Current: 8

Previous: 7

Change: +1 (+14.3%)

Comment: Added a helper.