Rapid Access Ltd in Nuneaton, CV11 5EL

Description

Data updated on: 01-11-2023

The company operates under the name of Rapid Access Ltd. The company was established sixteen years ago and was registered with 06661696 as its registration number. The registered office of the firm is situated in Nuneaton. You may visit them at Lauren House, Aston Road. Registered as Metech Fabrications, this business used the name up till 2011-01-12, at which point it was changed to Rapid Access Ltd. This business's SIC and NACE codes are 25120 - Manufacture of doors and windows of metal. Rapid Access Limited released its latest accounts for the period that ended on 2022-08-31. The company's most recent confirmation statement was submitted on 2023-08-31.

Having three job advert since 2014/10/15, the firm has been active on the employment market. On 2017/09/21, it was seeking candidates for a full time Office Junior post in Nuneaton, and on 2014/10/15, for the vacant post of a full time Sales Administrator in Nuneaton. So far, they have needed applicants for the Powder Coater positions.

Kirk M., Donna M., Ross S. and Samuel K. are listed as enterprise's directors and have been monitoring progress towards achieving the objectives and policies for five years.

Previous company's names
Rapid Access Ltd 2011-01-12
Metech Fabrications Limited 2008-08-01

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-08-31	2012-08-31	2013-08-31	2014-08-31	2015-08-31	2016-08-31	2017-08-31	2018-08-31	2019-08-31	2020-08-31	2021-08-31	2022-08-31	2023-08-31
Currency
Net Worth	98 618	141 926	185 168	301 212	334 286	199 518

Balance Sheet
Cash Bank On Hand						77 868	105 662	111 362	125 444	23 125	61 128	158 702	254 443
Current Assets	153 446	626 496	860 822	1 129 799	1 340 443	1 248 434	1 445 449	1 875 992	2 144 769	1 481 773	2 068 023	2 477 866	2 754 419
Debtors	149 446	505 826	758 003	945 901	1 116 555	991 793	1 026 326	1 364 950	1 432 272	844 180	1 215 228	1 332 898	1 395 555
Net Assets Liabilities						199 518	299 789	441 622	562 845	369 059	409 637	411 487	896 492
Other Debtors						338 768	392 554	225 360	226 249	195 343	269 681	213 090	244 006
Property Plant Equipment						459 146	441 719	524 814	619 843	607 782	990 152	913 409	1 384 206
Total Inventories						178 773	313 461	399 680	587 053	614 468	791 667	986 266	1 104 421
Cash Bank In Hand		34 670	25 039	22 072	5 374	77 868
Intangible Fixed Assets	34 000	32 000	30 000	28 000	26 000	24 000
Net Assets Liabilities Including Pension Asset Liability	98 618	141 926			334 286	199 518
Stocks Inventory	4 000	86 000	77 780	161 826	218 514	178 773
Tangible Fixed Assets	23 661	86 818	141 649	296 799	338 873	459 146

Capital & Reserves
Called Up Share Capital	100	100	150 100	150 100	150 100	150 100
Profit Loss Account Reserve	98 518	141 826	35 068	151 112	184 186	49 418
Shareholder Funds	98 618	141 926	185 168	301 212	334 286	199 518

Other Financial Data
Amount Specific Advance Or Credit Directors					133 240	137 446	137 446		111 335	170 813	23 848
Amount Specific Advance Or Credit Made In Period Directors						4 206	6 627			64 852	422 592
Amount Specific Advance Or Credit Repaid In Period Directors							6 627			347 000	227 931	23 848
Accrued Liabilities							1 200	3 700	3 885	4 080	4 284	4 500	4 950
Accumulated Amortisation Impairment Intangible Assets						16 000	18 000	20 000	22 000	24 000	26 000	28 000	30 000
Accumulated Depreciation Impairment Property Plant Equipment						145 683	228 958	259 211	331 059	455 047	662 792	892 985	1 182 264
Administrative Expenses						1 051 217	1 008 834
Amortisation Expense Intangible Assets						2 000	2 000
Amounts Owed To Group Undertakings						30	30	30	30	30
Average Number Employees During Period							55	55	64	69	65	72	88
Bank Borrowings Overdrafts										2 500	12 500	50 000	137 500
Corporation Tax Payable							2 160	8 028	13 768	55 618			77 893
Cost Sales						2 137 995	2 285 021
Creditors						248 454	187 334	187 635	212 956	213 108	678 369	517 629	714 432
Depreciation Expense Property Plant Equipment						67 879	85 361
Disposals Decrease In Depreciation Impairment Property Plant Equipment							2 086	55 932	44 044	9 212		5 513
Disposals Property Plant Equipment							2 950	85 732	61 503	27 228		9 446
Distribution Costs						5 504
Dividends Paid									40 000	468 000	225 299
Finance Lease Liabilities Present Value Total						248 454	187 334	187 635	212 956	165 608	440 869	330 129	576 932
Fixed Assets	57 661	118 818	171 679	324 829	364 903	483 176	463 749	544 844	637 873	623 812	1 004 182	925 439	1 394 236
Gain Loss On Disposals Property Plant Equipment						10 818
Gross Profit Loss						994 531	1 168 655
Increase From Amortisation Charge For Year Intangible Assets							2 000	2 000	2 000	2 000	2 000	2 000	2 000
Increase From Depreciation Charge For Year Property Plant Equipment							85 361	86 185	115 892	133 200	207 745	235 706	289 279
Intangible Assets						24 000	22 000	20 000	18 000	16 000	14 000	12 000	10 000
Intangible Assets Gross Cost						40 000	40 000	40 000	40 000	40 000	40 000	40 000
Interest Payable Similar Charges Finance Costs						99 396	77 150
Investments Fixed Assets			30	30	30	30	30	30	30	30	30	30	30
Investments In Group Undertakings						30	30
Investments In Joint Ventures							30	30	30	30	30	30	30
Net Current Assets Liabilities	43 619	35 959	32 782	100 838	169 408	3 400	61 978	123 017	204 073	29 507	235 310	145 148	575 436
Operating Profit Loss						-46 190	177 421
Other Creditors						357 107	593 728	727 074	666 349	232 428	640 191	896 424	301 180
Other Operating Income Format1						16 000	17 600
Other Taxation Social Security Payable						162 486	131 333	30 547	41 267	33 571	8 741
Prepayments							24 249	35 059	55 125	56 600	86 094	80 639	111 790
Profit Loss						-134 768	100 271	141 833	161 223	274 194	265 877
Profit Loss On Ordinary Activities Before Tax						-134 768	100 271
Property Plant Equipment Gross Cost						604 829	670 677	784 025	950 902	1 062 829	1 652 944	1 806 394	2 566 470
Provisions For Liabilities Balance Sheet Subtotal						38 604	38 604	38 604	66 145	71 152	151 486	141 471	358 748
Recoverable Value-added Tax											10 096		14 498
Total Additions Including From Business Combinations Property Plant Equipment							68 798	199 080	228 380	139 155	590 115	162 896	760 076
Total Assets Less Current Liabilities	101 280	154 777	204 461	425 667	534 311	486 576	525 727	667 861	841 946	653 319	1 239 492	1 070 587	1 969 672
Trade Creditors Trade Payables						633 326	549 387	688 452	921 516	592 883	850 505	917 734	1 168 959
Trade Debtors Trade Receivables						653 025	633 772	953 385	1 039 989	592 237	825 508	1 039 169	939 214
Turnover Revenue						3 132 526	3 453 676
Creditors Due After One Year		3 900	19 293	124 455	161 421	248 454
Creditors Due Within One Year	109 827	590 537	828 040	1 028 961	1 171 035	1 245 034
Intangible Fixed Assets Aggregate Amortisation Impairment	6 000	8 000	10 000	12 000	14 000	16 000
Intangible Fixed Assets Amortisation Charged In Period		2 000	2 000	2 000	2 000	2 000
Intangible Fixed Assets Cost Or Valuation	40 000	40 000	40 000	40 000	40 000	40 000
Number Shares Allotted		100	150 000	150 000	150 000
Par Value Share		1	1	1	1
Percentage Subsidiary Held			33	33	33
Provisions For Liabilities Charges	2 662	8 951			38 604	38 604
Share Capital Allotted Called Up Paid	100	100	150 000	150 000	150 000
Tangible Fixed Assets Additions		84 221	89 916	199 708	146 390	195 700
Tangible Fixed Assets Cost Or Valuation	40 165	116 326	185 733	357 973	428 163	604 829
Tangible Fixed Assets Depreciation	16 504	29 508	44 085	61 174	89 290	145 683
Tangible Fixed Assets Depreciation Charged In Period		16 114	20 988	19 837	62 780	67 879
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		3 110	6 411	2 747	34 664	11 486
Tangible Fixed Assets Disposals		8 060	20 508	27 468	76 200	19 034

Company staff

Kirk M.

Role: Director

Appointed: 01 November 2019

Latest update: 1 February 2024

Donna M.

Role: Director

Appointed: 08 June 2015

Latest update: 1 February 2024

Ross S.

Role: Director

Appointed: 08 June 2015

Latest update: 1 February 2024

Samuel K.

Role: Director

Appointed: 01 August 2008

Latest update: 1 February 2024

People with significant control

Executives with significant control over the firm are: Samuel K. owns over 3/4 of company shares. Samuel K. owns over 3/4 of company shares and has 3/4 to full of voting rights.

Samuel K.

Notified on 1 August 2016

Nature of control:

over 3/4 of shares

Samuel K.

Notified on 31 July 2018

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Accounts Documents

Account next due date	31 May 2024
Account last made up date	31 August 2022
Confirmation statement next due date	14 September 2024
Confirmation statement last made up date	31 August 2023

Annual Accounts 15 May 2013
Start Date For Period Covered By Report	2011-09-01
End Date For Period Covered By Report	2012-08-31
Date Approval Accounts	15 May 2013
Annual Accounts 30 April 2014
Start Date For Period Covered By Report	2012-09-01
End Date For Period Covered By Report	2013-08-31
Date Approval Accounts	30 April 2014
Annual Accounts 13 February 2015
Start Date For Period Covered By Report	2013-09-01
End Date For Period Covered By Report	2014-08-31
Date Approval Accounts	13 February 2015
Annual Accounts 25 May 2016
Start Date For Period Covered By Report	2014-09-01
End Date For Period Covered By Report	2015-08-31
Date Approval Accounts	25 May 2016
Annual Accounts 30 May 2017
Start Date For Period Covered By Report	2015-09-01
End Date For Period Covered By Report	2016-08-31
Date Approval Accounts	30 May 2017
Annual Accounts
Start Date For Period Covered By Report	01 September 2016
Annual Accounts
Start Date For Period Covered By Report	01 September 2017
End Date For Period Covered By Report	31 August 2018
Annual Accounts
Start Date For Period Covered By Report	01 September 2018
End Date For Period Covered By Report	31 August 2019
Annual Accounts
Start Date For Period Covered By Report	01 September 2019
End Date For Period Covered By Report	31 August 2020
Annual Accounts
Start Date For Period Covered By Report	01 September 2020
End Date For Period Covered By Report	31 August 2021
Annual Accounts
Start Date For Period Covered By Report	01 September 2021
End Date For Period Covered By Report	31 August 2022
Annual Accounts
Start Date For Period Covered By Report	01 September 2022
End Date For Period Covered By Report	31 August 2023
Annual Accounts
End Date For Period Covered By Report	31 August 2017

Office Junior in Nuneaton, posted on Thursday 21st September 2017
Region / City	Midlands, Nuneaton
Industry	Other manufacturing services
Job type	full time
Career level	none
Education level	a GCSE (Scottish or equivalent)


Powder Coater in Nuneaton, posted on Tuesday 5th July 2016
Region / City	Midlands, Nuneaton
Industry	Engineering sector
Salary	From £9.00 to £10.00 per hour
Work hours	Overtime
Job type	full time
Career level	none
Contact by phone	02476328811


Sales Administrator in Nuneaton, posted on Wednesday 15th October 2014
Region / City	Midlands, Nuneaton
Industry	Uncategorised manufacturing services
Salary	From £3.79 to £7.00 per hour
Job type	full time
Career level	none
Education level	a GCSE (Scottish or equivalent)

Office Junior in Nuneaton, posted on Thursday 21st September 2017

Region / City

Midlands, Nuneaton

Industry

Other manufacturing services

Job type

full time

Career level

none

Education level

a GCSE (Scottish or equivalent)

Powder Coater in Nuneaton, posted on Tuesday 5th July 2016

Region / City

Midlands, Nuneaton

Industry

Engineering sector

Salary

From £9.00 to £10.00 per hour

Work hours

Overtime

Job type

full time

Career level

none

Contact by phone

02476328811

Sales Administrator in Nuneaton, posted on Wednesday 15th October 2014

Region / City

Midlands, Nuneaton

Industry

Uncategorised manufacturing services

Salary

From £3.79 to £7.00 per hour

Job type

full time

Career level

none

Education level

a GCSE (Scottish or equivalent)

Rapid Access Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Kirk M.

Donna M.

Ross S.

Samuel K.

Chris H.

Rachel P.

People with significant control

Samuel K.

Samuel K.

Accounts Documents

Jobs and Vacancies at Rapid Access Limited

Company filings

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