RAPID VISION SYSTEMS LIMITED
Company number 05024716 · Monitor this company
Executive summary
Rapid Vision Systems Limited presents a mixed credit profile: adequate current liquidity with £139,392 cash and positive working capital of £124,678, but a deteriorating financial trajectory evidenced by a 25.9% decline in net assets and an 86.7% increase in current liabilities in FY2025. The company's thin capitalisation (£100 share capital), significant debtor concentration (62.8% of current assets), and parent company control structure require additional scrutiny. A conditional approval with financial covenants protecting against further equity erosion is recommended, alongside mandatory provision of quarterly management accounts to monitor the concerning trends.
Shareholders' funds
£117,090
Balance sheet as at 2026-03-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2004-01-23
- Employees
- 6 (2026 accounts)
- Registered office
- 9 Hurst Road, Longford, Coventry, England, CV6 6EG
- Postcode
- CV6 6EG
- Capital
- 100 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2026-03-31
- Next due by
- 2027-12-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2026-05-18
- Next due by
- 2027-06-01
Nature of business (SIC)
- 47990 Other retail sale not in stores, stalls or markets
Officers 1 current · 4 resigned
Group structure
Controlled by R V T V SECURITY LIMITED — since 2016-04-06
From persons-with-significant-control filings on the public register.
Public contracts won 2
£68,640 total awarded value where published.
Contains public sector information licensed under the Open Government Licence v3.0 (Contracts Finder).
Data protection registration
Registered with the ICO as a data protection fee payer — ZB014295 (Tier 1), registered since 2021.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Previous registered addresses 2
| Address | Changed on |
|---|---|
| 55 CAMBERWELL ROAD DENMARK HILL, LONDON, SE5 8RS | 2018-10-08 |
| 8 JURY STREET, WARWICK, WARWICKSHIRE, CV34 4EW | 2015-07-22 |
Among its peers
Top 25%
by shareholders' funds, of 290 similar companies in CV
Among the biggest employers among its local peers (6 staff).
Among the oldest 25% of its local peers, trading since 2004.
Competitors Coventry
This company ranks 40 among other retail sale not in stores, stalls or markets in Coventry.
The class of 2004
32%
of the 825 companies in this sector incorporated in 2004 are still active today; 65% have since been dissolved.
A fact about the year, not a forecast for this company.