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RAPID FURNITURE LTD Financials

Company number
14002046Copy
Copy
Registered office
Unit 12a Delph Road, Brierley Hill DY5 2UA
Incorporated
25/03/2022

Company snapshot

Status
Active
Employees
6 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2023–2025.

Net Assets

£-364.29K2025
-45.90%vs 2024

2024: £-249.69K

Total Assets

£422.37K2025
-12.61%vs 2024

2024: £483.32K

Cash in Bank

£16.27K2025
-64.26%vs 2024

2024: £45.53K

Total Liabilities

£63.76K2025
-7.27%vs 2024

2024: £68.76K

Employees

62025
0vs 2024

2024: 6

In 2025, RAPID FURNITURE LTD reported net assets of £-364.29K. The same filing shows total assets of £422.37K, cash in bank of £16.27K and total liabilities of £63.76K. Reported headcount was 6 in 2025. Net Assets fell from £-249.69K in 2024 to £-364.29K in 2025 (-45.90%). Okredo holds filed figures for 2023–2025; 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

£-364.29K2025
-45.90%from £-249.69K in 2024

Year-on-year change

Net Assets as filed for 2023–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures RAPID FURNITURE LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£-733.002023£-364.29K2025
Decreasedvs 2023

Cash in Bank

£182.99K2023£16.27K2025
-91.1%vs 2023

-70.2% a year compound (CAGR)

Total Assets

£678.98K2023£422.37K2025
-37.8%vs 2023

-21.1% a year compound (CAGR)

Total Liabilities

£79.90K2023£63.76K2025
-20.2%vs 2023

-10.7% a year compound (CAGR)

Employees

6202362025
0%vs 2023

Biggest decrease

Cash in Bank-91.1%

£182.99K in 2023 to £16.27K in 2025

Every measure that changed in RAPID FURNITURE LTD's filings between 2023 and 2025 fell. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets and total liabilities falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from RAPID FURNITURE 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
-86.25%2025
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
15.10%2025
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.
Cash to liabilities
25.52%2025
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Cash to total assets
3.85%2025
Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

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

Indicator202320242025
Net Assets£-733.00-249.69K-364.29K
Total Assets£678.98K483.32K422.37K
Cash in Bank£182.99K45.53K16.27K
Total Liabilities£79.90K68.76K63.76K
Employees666

RAPID FURNITURE LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for RAPID FURNITURE LTD covering 2023–2025, across 5 reported indicators. The most recent reported year is 2025.

RAPID FURNITURE LTD reported net assets of £-364.29K for 2025. That compares with £-249.69K in 2024, a change of -45.90%.

RAPID FURNITURE LTD reported total assets of £422.37K for 2025. That compares with £483.32K in 2024, a change of -12.61%.

RAPID FURNITURE LTD reported cash in bank of £16.27K for 2025. That compares with £45.53K in 2024, a change of -64.26%.

RAPID FURNITURE LTD reported 6 employees in 2025, compared with 6 in 2024.

Between 2023 and 2025, RAPID FURNITURE LTD's cash in bank fell by 91.1%, total assets fell by 37.8%, total liabilities fell by 20.2% and employee numbers was unchanged. Cash in bank contracted at 70.2% a year across the two years to 2025, from £182.99K to £16.27K. Reported headcount went from 6 in 2023 to 6 in 2025.

Okredo holds reported figures for the years 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.