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RAPID FIRST TRADE LTD Financials

Company number
13105550Copy
Copy
Registered office
6th Floor 37 Lombard Street, London EC3V 9BQ
Incorporated
30/12/2020

Company snapshot

Status
Active
Employees
6 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£374.18K2024
10.12%vs 2023

2023: £339.80K

Total Assets

£423.18K2024
10.89%vs 2023

2023: £381.61K

Total Liabilities

£49.00K2024
17.21%vs 2023

2023: £41.81K

Employees

62024
+1vs 2023

2023: 5

In 2024, RAPID FIRST TRADE LTD reported net assets of £374.18K. The same filing shows total assets of £423.18K and total liabilities of £49.00K. Reported headcount was 6 in 2024. Total Assets rose from £381.61K in 2023 to £423.18K in 2024 (10.89%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£374.18K2024
10.12%from £339.80K in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures RAPID FIRST TRADE LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£334.10K2022£374.18K2024
+12%vs 2022

+5.8% a year compound (CAGR)

Total Assets

£394.02K2022£423.18K2024
+7.4%vs 2022

+3.6% a year compound (CAGR)

Total Liabilities

£59.92K2022£49.00K2024
-18.2%vs 2022

-9.6% a year compound (CAGR)

Employees

6202262024
0%vs 2022

Biggest increase

Net Assets+12%

£334.10K in 2022 to £374.18K in 2024

Biggest decrease

Total Liabilities-18.2%

£59.92K in 2022 to £49.00K in 2024

RAPID FIRST TRADE LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.

Ratios from the filed figures

Calculated from RAPID FIRST TRADE LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
88.42%2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
11.58%2024
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for RAPID FIRST TRADE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£154.38K334.10K339.80K374.18K
Total Assets£190.09K394.02K381.61K423.18K
Cash in Bank£––––
Total Liabilities£35.71K59.92K41.81K49.00K
Employees4656

RAPID FIRST TRADE LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for RAPID FIRST TRADE LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

RAPID FIRST TRADE LTD reported net assets of £374.18K for 2024. That compares with £339.80K in 2023, a change of 10.12%.

RAPID FIRST TRADE LTD reported total assets of £423.18K for 2024. That compares with £381.61K in 2023, a change of 10.89%.

RAPID FIRST TRADE LTD reported total liabilities of £49.00K for 2024. That compares with £41.81K in 2023, a change of 17.21%.

RAPID FIRST TRADE LTD reported 6 employees in 2024, compared with 5 in 2023.

Between 2022 and 2024, RAPID FIRST TRADE LTD's net assets rose by 12%, total assets rose by 7.4%, total liabilities fell by 18.2% and employee numbers was unchanged. Net assets compounded at 5.8% a year across the two years to 2024, from £334.10K to £374.18K. Reported headcount went from 6 in 2022 to 6 in 2024.

Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.