Rapid Vision Systems Limited in Coventry, CV6 6EG

Description

Data updated on: 01-11-2023

Rapid Vision Systems has been on the market for at least twenty years. Registered under no. 05024716, the firm is classified as a Private Limited Company. You may find the headquarters of this firm during business times under the following location: 9 Hurst Road Longford, CV6 6EG Coventry. The enterprise's classified under the NACE and SIC code 47990 which stands for Other retail sale not in stores, stalls or markets. 2022/03/31 is the last time account status updates were reported.

We have identified 4 councils and public departments cooperating with the company. The biggest counter party of them all is the Birmingham City, with over 3 transactions from worth at least 500 pounds each, amounting to £13,254 in total. The company also worked with the Solihull Metropolitan Borough Council (3 transactions worth £10,120 in total) and the Redbridge (2 transactions worth £3,744 in total). Rapid Vision Systems was the service provided to the Sandwell Council Council covering the following areas: Homes And Communities was also the service provided to the Solihull Metropolitan Borough Council Council covering the following areas: Cultural & Related Services.

When it comes to this company, the full range of director's assignments have so far been performed by Lee M. who was formally appointed in 2015. Since January 2004 Dennis S., had been supervising the company up to the moment of the resignation 9 years ago.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	70 419	-3 717

Balance Sheet
Cash Bank On Hand		17 973	30 185	28 397	48 319	245 168	89 077	91 874	31 532
Current Assets	227 855	122 252	191 175	306 452	275 468	338 642	729 996	530 480	206 002
Debtors	166 657	64 279	150 990	268 055	220 149	83 474	632 919	427 606	150 970
Net Assets Liabilities		-3 717	68 742	45 215	146 582	146 582	146 582	146 582	125 804
Other Debtors		17 370	12 921	236	500		2 410	1	4 032
Property Plant Equipment		4 052	3 038	2 279	1 709	2 932	13 500	10 125	7 593
Total Inventories		40 000	10 000	10 000	7 000	10 000	8 000	11 000	23 500
Cash Bank In Hand	13 362	17 973
Net Assets Liabilities Including Pension Asset Liability	70 419	-3 717
Stocks Inventory	47 836	40 000
Tangible Fixed Assets	5 163	4 052

Capital & Reserves
Called Up Share Capital	100	100
Profit Loss Account Reserve	70 319	-3 817
Shareholder Funds	70 419	-3 717

Other Financial Data
Total Fixed Assets Additions		239
Total Fixed Assets Cost Or Valuation	24 594	24 833
Total Fixed Assets Depreciation	19 431	20 781
Total Fixed Assets Depreciation Charge In Period		1 350
Accrued Liabilities Not Expressed Within Creditors Subtotal		72 220	30 138	31 963	33 133	31 717	33 011	34 091	33 551
Accumulated Amortisation Impairment Intangible Assets									1 500
Accumulated Depreciation Impairment Property Plant Equipment		20 781	21 795	22 554	23 124	24 101	25 536	28 911	31 443
Additions Other Than Through Business Combinations Intangible Assets									15 000
Additions Other Than Through Business Combinations Property Plant Equipment						2 200	15 195
Amortisation Rate Used For Intangible Assets									10
Amounts Owed To Group Undertakings Participating Interests						98 087	365 698	221 816	25 304
Average Number Employees During Period		5	5	6	5	4	5	6	6
Creditors		57 801	104 495	241 342	108 043	182 709	573 666	361 462	70 634
Depreciation Rate Used For Property Plant Equipment			25	25	25	25	25	25	25
Disposals Decrease In Depreciation Impairment Property Plant Equipment							3 097
Disposals Property Plant Equipment							3 192
Fixed Assets	5 163	4 052						10 125	21 093
Increase From Amortisation Charge For Year Intangible Assets									1 500
Increase From Depreciation Charge For Year Property Plant Equipment			1 014	759	570	977	4 532	3 375	2 532
Intangible Assets									13 500
Intangible Assets Gross Cost									15 000
Net Current Assets Liabilities	66 010	-7 769	95 842	74 899	178 006	175 367	168 658	172 472	139 705
Number Shares Issued Fully Paid							100	100	100
Other Creditors		23 524	20 878	82 368	20 387	1 698	892	4 985	1 883
Other Taxation Social Security Payable		22 091	34 355	27 528	49 158	45 527	176 219	98 631	32 266
Par Value Share								1	1
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal		1 332	9 162	9 789	10 581	19 434	12 328	3 454	4 337
Property Plant Equipment Gross Cost			24 833	24 833	24 833	27 033	39 036	39 036	39 036
Taxation Including Deferred Taxation Balance Sheet Subtotal							2 565	1 924	1 443
Total Assets Less Current Liabilities	71 173	-3 717	98 880	77 178	179 715	178 299	182 158	182 597	160 798
Trade Creditors Trade Payables		12 186	49 262	131 446	38 498	37 397	30 857	36 030	11 181
Trade Debtors Trade Receivables		45 577	138 069	267 819	219 649	83 474	630 509	427 605	146 938
Creditors Due Within One Year Total Current Liabilities	161 845	130 021
Provisions For Liabilities Charges	754	0
Tangible Fixed Assets Additions		239
Tangible Fixed Assets Cost Or Valuation	24 594	24 833
Tangible Fixed Assets Depreciation	19 431	20 781
Tangible Fixed Assets Depreciation Charge For Period		1 350