Rapyd Payments Limited in Bishop's Stortford, CM22 6PU

Description

Data updated on: 01-11-2023

Rapyd Payments Limited with Companies House Reg No. 08053178 has been competing in the field for twelve years. The Private Limited Company is officially located at Rapyd Suite 26, Weston Business Centre Parsonage Road, Takeley, Bishop's Stortford and its area code is CM22 6PU. Despite the fact, that recently referred to as Rapyd Payments Limited, it was not always so. It was known under the name Valitor Payment Services until 2018-11-15, when it was changed to Valitor. The last switch came on 2023-09-04. This company's registered with SIC code 82990 and has the NACE code: Other business support service activities not elsewhere classified. Rapyd Payments Ltd filed its latest accounts for the financial year up to 2022-12-31. The firm's most recent confirmation statement was submitted on 2023-05-01.

Dennis A., Ariel S. and Maayan N. are registered as the firm's directors and have been managing the firm since 2023. At least one secretary in this firm is a limited company: Bba Fjeldco Limited.

Previous company's names
Rapyd Payments Limited 2023-09-04
Valitor Limited 2018-11-15
Valitor Payment Services Limited 2012-05-01

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31
Currency

Balance Sheet
Cash Bank On Hand	3 000 676	2 866 241	4 225 541	2 916 479	1 324 364	2 382 382	60 793 539
Current Assets	3 387 062	3 556 508	8 392 159	4 700 173	2 800 315	3 819 193	66 868 904
Debtors	145 620	690 267	2 981 361	1 028 411	998 088	1 314 887	5 887 907
Net Assets Liabilities					2 390 473	3 388 422
Other Debtors	145 620	148 864	435 287	155 207	357 673	380 987	3 789 900
Property Plant Equipment			1 319 130	659 603	252 292	88 561	63 850
Total Inventories			1 185 257	755 283	477 863

Other Financial Data
Audit Fees Expenses			3 250	18 675	24 200	12 600	20 500
Accrued Liabilities Deferred Income			327 127	83 513			265 000
Accumulated Amortisation Impairment Intangible Assets			1 812 554
Accumulated Depreciation Impairment Property Plant Equipment	60 000		712 090	637 072	487 186	249 983	339 983
Additions Other Than Through Business Combinations Property Plant Equipment				292 591	35 855	21 470	65 289
Administrative Expenses			15 991 817	10 218 503	3 956 735	2 676 339	3 044 136
Amortisation Expense Intangible Assets			1 812 554
Amortisation Impairment Expense Intangible Assets			1 812 554
Amounts Owed By Group Undertakings					45 240
Amounts Owed To Group Undertakings	1 714 667	3 620 349	89 138	18 083		141 697	3 136 548
Average Number Employees During Period			121	89	47	39	32
Bank Borrowings Overdrafts	181
Capital Reduction Decrease In Equity				8 198 198
Cash Cash Equivalents Cash Flow Value		2 866 241	4 225 541	2 916 479	1 324 364	2 382 382	60 793 539
Comprehensive Income Expense			-10 530 778	-5 273 451	-1 284 344	997 949	144 919
Cost Sales			8 114 389	6 653 118	6 950 600	9 210 541	11 148 642
Creditors	1 971 747	4 361 073	2 363 021	1 684 959	662 134	790 904	63 342 182
Deferred Income			22 599	39 076	39 998	41 533	38 167
Deferred Tax Asset Debtors	240 766					271 572	969 104
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences			8 241			-271 572	-697 532
Depreciation Expense Property Plant Equipment			712 090	638 014	333 755
Depreciation Impairment Expense Property Plant Equipment			712 090	952 118	443 166	185 201	90 000
Distribution Costs							255 734
Finished Goods Goods For Resale			1 185 257	755 283	477 863	393 496	187 458
Future Minimum Lease Payments Under Non-cancellable Operating Leases			894 146	90 530	92 000	25 500	95 256
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss			-126 538	817	-184 026	69 560	-56 492
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables			2 020 651	694 539	1 023 747	-127 235	10 044 857
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables			2 291 094	-1 952 950	-30 323	45 227	3 875 488
Gain Loss In Cash Flows From Change In Deferred Income			-22 599	-16 477
Gain Loss In Cash Flows From Change In Inventories			1 185 257	-429 974	-277 420	-84 367	-206 038
Government Grant Income				314 823	75 060
Gross Profit Loss			5 527 941	2 369 012	2 598 955
Impairment Loss Property Plant Equipment				314 104	109 411
Income Taxes Paid Refund Classified As Operating Activities			-8 241
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation			-1 359 300	1 309 062	1 592 115	-73 657 519	14 188 344
Increase From Depreciation Charge For Year Property Plant Equipment				638 014	333 755	185 201	90 000
Increase From Impairment Loss Recognised In Profit Or Loss Property Plant Equipment				314 104	109 411
Intangible Assets Gross Cost			1 812 554
Interest Income On Bank Deposits							239 092
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss							239 092
Interest Paid Classified As Operating Activities					-1 627	-8 989	-10 995
Interest Paid To Group Undertakings			59 917	54 339	1 627	8 989	10 995
Interest Payable Similar Charges Finance Costs			59 917	54 339	1 627	8 989	10 995
Interest Received Classified As Investing Activities			-1 256	-21 907	-3	-7 423	-239 092
Issue Equity Instruments	2 999 999	1 500 000	28 726 169	1 600 000
Net Cash Flows From Used In Financing Activities			-28 726 169	-1 600 000
Net Cash Flows From Used In Investing Activities			3 842 518	270 684
Net Cash Flows From Used In Operating Activities			23 524 351	2 638 378	1 556 263
Net Cash Generated From Operations				2 584 039	1 554 636	-73 680 555	14 351 152
Net Current Assets Liabilities	1 415 315	-804 565	6 029 138	3 015 214	2 138 181	3 299 861	3 526 722
Net Finance Income Costs			1 256	21 907	3	7 423	239 092
Net Interest Paid Received Classified As Operating Activities			-59 917	-54 339	-1 627
Number Shares Issued Fully Paid		4 500 000		5 000 000	5 000 000	5 000 000	5 000 000
Operating Profit Loss			-10 463 876	-5 241 019	-1 282 720
Other Creditors	254 918	654 999	1 232 590	1 149 332	446 556	389 157	59 682 544
Other Debtors Balance Sheet Subtotal						1 043 315	4 918 803
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment				1 027 136	593 052	491 016
Other Disposals Property Plant Equipment				1 027 136	593 052	491 016
Other Interest Income			1 256	21 907	3	7 423
Other Interest Receivable Similar Income Finance Income			1 256	21 907	3	7 423	239 092
Other Operating Income Format1				314 823	75 060
Other Taxation Social Security Payable		77 414	218 660	178 087	104 580	118 826	118 776
Par Value Share		1		1	1	1	1
Pension Other Post-employment Benefit Costs Other Pension Costs			292 758	106 084	94 080	88 324	90 384
Prepayments Accrued Income			791 127	527 374	373 708	281 824	146 194
Proceeds From Issuing Shares			-28 726 169	-1 600 000
Profit Loss	-1 137 640	-3 719 880	-10 530 778	-5 273 451	-1 284 344	997 949	144 919
Profit Loss On Ordinary Activities Before Tax			-10 522 537	-5 273 451	-1 284 344	726 377	-552 613
Property Plant Equipment Gross Cost	60 000		2 031 220	1 296 675	739 478	338 544	403 833
Purchase Intangible Assets			-1 812 554
Purchase Property Plant Equipment			-2 031 220	-292 591	-35 855	-21 470	-65 289
Social Security Costs			701 219	509 512	235 197
Staff Costs Employee Benefits Expense			8 720 067	4 826 346	2 437 310	2 135 134	2 519 640
Taxation Including Deferred Taxation Balance Sheet Subtotal						-271 572
Tax Expense Credit Applicable Tax Rate			-1 999 282	-1 001 956	-244 025	138 012	-129 864
Tax Increase Decrease From Effect Capital Allowances Depreciation			-37 946	92 266	29 505	-262 682	-16 728
Tax Increase Decrease From Effect Different Tax Rates On Some Earnings							262 328
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			845 349	36 301	21 576	10 800	10 037
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward			1 200 120	873 389	192 944	-157 702	-823 305
Tax Tax Credit On Profit Or Loss On Ordinary Activities			8 241			-271 572	-697 532
Total Assets Less Current Liabilities			7 348 268	3 674 817	2 390 473	3 116 850	3 590 572
Total Operating Lease Payments			689 246	267 642	215 834
Trade Creditors Trade Payables	1 981	8 311	472 907	216 868	71 000	73 230 046	101 147
Trade Debtors Trade Receivables		541 403	1 754 947	345 830	221 467	380 504	982 709
Transfers To From Non-current Assets Or Disposal Groups Held For Sale Property Plant Equipment						-68 612
Transfer To Non-current Assets Or Disposal Groups Held For Sale Decrease In Depreciation Impairment Property Plant Equipment						-68 612
Turnover Revenue			13 642 330	9 022 130	9 549 555
Wages Salaries			7 726 090	4 210 750	2 108 033	1 831 746	2 202 847