RAPYD PAYMENTS LIMITED Financials
- Company number
- 08053178CopyCopy
- Registered office
- Rapyd Suite 26, Weston Business Centre Parsonage Road, Takeley, Bishop's Stortford CM22 6PU
- Incorporated
- 01/05/2012
Company snapshot
- Status
- Active
- Employees
- 35 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
106.57%vs 20232023: £3.59M
Total Assets
29.56%vs 20232023: £66.93M
Cash in Bank
12.91%vs 20232023: £60.79M
Total Liabilities
25.19%vs 20232023: £63.34M
Employees
+3vs 20232023: 32
In 2024, RAPYD PAYMENTS LIMITED reported net assets of £7.42M. The same filing shows total assets of £86.72M, cash in bank of £68.64M and total liabilities of £79.30M. Reported headcount was 35 in 2024. Total Assets rose from £66.93M in 2023 to £86.72M in 2024 (29.56%). 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
106.57%from £3.59M in 2023Year-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 RAPYD PAYMENTS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+119%vs 2022+48% a year compound (CAGR)
Cash in Bank
+2781%vs 2022+437% a year compound (CAGR)
Total Assets
+2119%vs 2022+371% a year compound (CAGR)
Total Liabilities
+15169%vs 2022+1136% a year compound (CAGR)
Employees
-10.3%vs 2022-4Biggest increase
Total Liabilities+15169%
£519.33K in 2022 to £79.30M in 2024
Biggest decrease
Employees-10.3%
39 in 2022 to 35 in 2024
RAPYD PAYMENTS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from RAPYD PAYMENTS 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
- 8.55%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
- 91.45%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.
- Cash to liabilities
- 86.56%2024
- 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
- 79.16%2024
- 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 RAPYD PAYMENTS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 2.39M | 3.39M | 3.59M | 7.42M |
| Total Assets£ | 3.05M | 3.91M | 66.93M | 86.72M |
| Cash in Bank£ | 1.32M | 2.38M | 60.79M | 68.64M |
| Total Liabilities£ | 662.13K | 519.33K | 63.34M | 79.30M |
| Employees | 47 | 39 | 32 | 35 |
RAPYD PAYMENTS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for RAPYD PAYMENTS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
RAPYD PAYMENTS LIMITED reported net assets of £7.42M for 2024. That compares with £3.59M in 2023, a change of 106.57%.
RAPYD PAYMENTS LIMITED reported total assets of £86.72M for 2024. That compares with £66.93M in 2023, a change of 29.56%.
RAPYD PAYMENTS LIMITED reported cash in bank of £68.64M for 2024. That compares with £60.79M in 2023, a change of 12.91%.
RAPYD PAYMENTS LIMITED reported 35 employees in 2024, compared with 32 in 2023.
Between 2022 and 2024, RAPYD PAYMENTS LIMITED's net assets rose by 119%, cash in bank rose by 2781%, total assets rose by 2119% and total liabilities rose by 15169%. Net assets compounded at 48% a year across the two years to 2024, from £3.39M to £7.42M. Reported headcount went from 39 in 2022 to 35 in 2024 (-4).
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.