RAPID (UK) ENGINEERING SERVICES LIMITED

Company Registration Number:
07308660 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2026

Period of accounts

Start date: 01 August 2025

End date: 31 July 2026

RAPID (UK) ENGINEERING SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2026

Balance sheet
Notes

RAPID (UK) ENGINEERING SERVICES LIMITED

Balance sheet

As at 31 July 2026


Notes
2026
2025


£
£
Fixed assets
Intangible assets: 3 855 1,845
Tangible assets: 4 781,228 877,114
Total fixed assets: 782,083 878,959
Current assets
Stocks: 308,824 327,463
Debtors:   644,797 642,932
Cash at bank and in hand: 25,340 22,626
Total current assets: 978,961 993,021
Creditors: amounts falling due within one year:   (1,079,933) (1,093,957)
Net current assets (liabilities): (100,972) (100,936)
Total assets less current liabilities: 681,111 778,023
Creditors: amounts falling due after more than one year:   (227,559) (282,661)
Provision for liabilities: (144,657) (162,610)
Total net assets (liabilities): 308,895 332,752
Capital and reserves
Called up share capital: 6 6
Profit and loss account: 308,889 332,746
Shareholders funds: 308,895 332,752

The notes form part of these financial statements

RAPID (UK) ENGINEERING SERVICES LIMITED

Balance sheet statements

For the year ending 31 July 2026 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 11 September 2026
and signed on behalf of the board by:

Name: M Lawson
Status: Director

The notes form part of these financial statements

RAPID (UK) ENGINEERING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2026

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover included revenue from the rendering of services and is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible fixed assets and depreciation policy

Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Land & Buildings 10% reducing balance per annum (property improvements) Plant & Machinery 15% reducing balance per annum Fixtures & Fittings 15% reducing balance per annum

Intangible fixed assets and amortisation policy

Annual amortisation of goodwill is calculated at 33% to write off the cost of the asset.

Valuation and information policy

Stocks and work in progress are valued at the lower of cost and net realisable value, after making allowances for obsolete and slow-moving items. Cost includes all direct expenditure and overheads

Other accounting policies

Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

RAPID (UK) ENGINEERING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2026

2. Employees

2026 2025
Average number of employees during the period 22 25

RAPID (UK) ENGINEERING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2026

3. Intangible Assets

Total
Cost £
At 01 August 2025 3,000
At 31 July 2026 3,000
Amortisation
At 01 August 2025 1,155
Charge for year 990
At 31 July 2026 2,145
Net book value
At 31 July 2026 855
At 31 July 2025 1,845

RAPID (UK) ENGINEERING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2026

4. Tangible Assets

Total
Cost £
At 01 August 2025 2,259,151
Additions 29,055
At 31 July 2026 2,288,206
Depreciation
At 01 August 2025 1,382,037
Charge for year 124,941
At 31 July 2026 1,506,978
Net book value
At 31 July 2026 781,228
At 31 July 2025 877,114