Rapid Electrical Distributors (Watford) Limited

Active10191669 Private limited company
Incorporated
20 May 2016 (10 years)
Industry
Wholesale of electronic and telecommunications equipment and parts (46520)
Accounts type
Small
Region
East of England
Address
Unit 3 Trade City Watford
Wiggenhall Road
Watford
WD18 0EZ

Filing status

Accounts due
30 September 2027
Last accounts
31 December 2025
Conf. stmt due
26 January 2027
Last conf. stmt
12 January 2026

Charges

Total
4
Outstanding
4
Part satisfied
0
Satisfied
0

Officers 1 active

Officer details are public data from the Companies House register.

Director · Appointed 20 May 2016
British
Born June 1969 (57)
Officer history (1 former)
15 September 2020
Resigned Charalambous, Steve as Director
20 May 2016
Appointed Edwell, Nicholas James as Director
20 May 2016
Appointed Charalambous, Steve as Director

Ownership 1 active

People and entities with significant control, from the Companies House PSC register

Corporate entity · Notified 16 September 2020
Owns 75–100% of shares
Holds 75–100% of voting rights
Right to appoint and remove directors
Limited Company
Reg. no. 05007840
Former controllers (3)
16 September 2020
Ceased Steve Charalambous — Owns 25–50% of shares
16 September 2020
Ceased Nicholas James Edwell — Owns 50–75% of shares
16 September 2020
Ceased Steven Charalambous — Owns 25–50% of shares

Financials

Balance sheet as at 31 December 2025 · small accounts

Net Assets
£6,473
Cash
£555,116
Employees
13
Debt Ratio
100%
Current Ratio
1.0x

Trend

Net Assets
(£150k) (£100k) (£50k) £0 £50k £100k 2019 2020 2021 2022 2023 2024 2025 £54,673 £19,961 (£115,016) (£76,061) £899 £2,605 £6,473
Balance sheet detail
2025202420232022202120202019
Fixed Assets£27,013£40,115£76,134£120,092£155,842£166,183£165,084
Current Assets£2,669,917£2,088,254£2,639,793£2,094,080£1,928,849£2,105,348£1,834,752
Debtors£1,617,557£1,371,022£1,548,046£1,236,455£1,173,953£1,225,099£1,168,183
Cash£555,116£184,245£478,761£283,555£242,015£230,067£3,863
Creditors (< 1 year)£2,687,882£2,121,916£2,678,279£2,191,969£1,428,283£1,455,605£1,496,077
Creditors (> 1 year)£0£26,875£80,625£756,515£795,965£449,086
Net Current Assets(£17,965)(£33,662)(£38,486)(£97,889)£500,566£649,743£338,675
Net Assets£6,473£2,605£899(£76,061)(£115,016)£19,961£54,673
Shareholder Funds£6,473£2,605£899(£76,061)(£115,016)£19,961£54,673

Turnover£6,416,212£5,550,160
Cost of Sales£5,318,668£4,538,436
Gross Profit£1,097,544£1,011,724
Admin Expenses£1,014,991£838,930
Operating Profit£82,553£172,794
Profit Before Tax£5,120£102,650
Tax£3,414£25,690
Profit for Period£1,706£76,960

Filings

Filing history not loaded yet. See it on Companies House

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