RAPID GRINDING SERVICES LIMITED Financials
- Company number
- 01012938CopyCopy
- Registered office
- Unit 3 Bilston Key Industrial Estate, Oxford Street, Bilston, West Midlands WV14 7DW
- Incorporated
- 01/06/1971
Company snapshot
- Status
- Active
- Employees
- 5 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-12.93%vs 20242024: £257.32K
Total Assets
-6.68%vs 20242024: £317.75K
Total Liabilities
19.92%vs 20242024: £60.43K
Employees
0vs 20242024: 5
In 2025, RAPID GRINDING SERVICES LIMITED reported net assets of £224.05K. The same filing shows total assets of £296.52K and total liabilities of £72.47K. Reported headcount was 5 in 2025. Net Assets fell from £257.32K in 2024 to £224.05K in 2025 (-12.93%). Okredo holds filed figures for 2021–2025; 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
-12.93%from £257.32K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures RAPID GRINDING SERVICES LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-10.2%vs 2023-5.2% a year compound (CAGR)
Total Assets
-0.7%vs 2023-0.4% a year compound (CAGR)
Total Liabilities
+47.2%vs 2023+21.3% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Total Liabilities+47.2%
£49.25K in 2023 to £72.47K in 2025
Biggest decrease
Net Assets-10.2%
£249.50K in 2023 to £224.05K in 2025
RAPID GRINDING SERVICES LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from RAPID GRINDING SERVICES LIMITED'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
- 75.56%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
- 24.44%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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for RAPID GRINDING SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 243.21K | 259.00K | 249.50K | 257.32K | 224.05K |
| Total Assets£ | 300.21K | 298.35K | 298.75K | 317.75K | 296.52K |
| Cash in Bank£ | – | – | – | – | – |
| Total Liabilities£ | 57.00K | 39.35K | 49.25K | 60.43K | 72.47K |
| Employees | 5 | 5 | 5 | 5 | 5 |
RAPID GRINDING SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for RAPID GRINDING SERVICES LIMITED covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.
RAPID GRINDING SERVICES LIMITED reported net assets of £224.05K for 2025. That compares with £257.32K in 2024, a change of -12.93%.
RAPID GRINDING SERVICES LIMITED reported total assets of £296.52K for 2025. That compares with £317.75K in 2024, a change of -6.68%.
RAPID GRINDING SERVICES LIMITED reported total liabilities of £72.47K for 2025. That compares with £60.43K in 2024, a change of 19.92%.
RAPID GRINDING SERVICES LIMITED reported 5 employees in 2025, compared with 5 in 2024.
Between 2023 and 2025, RAPID GRINDING SERVICES LIMITED's net assets fell by 10.2%, total assets fell by 0.7%, total liabilities rose by 47.2% and employee numbers was unchanged. Net assets contracted at 5.2% a year across the two years to 2025, from £249.50K to £224.05K. Reported headcount went from 5 in 2023 to 5 in 2025.
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.