Rapid Vans Leasing Limited

Key Facts

Net Assets

Current: £2,780,110

Previous: £1,448,737

Change: +1,331,373 (+91.9%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £4,553,832

Previous: £2,249,738

Change: +£2,304,094 (+102.4%)

Comment: Current assets increased significantly.

Cash

Current: £2,523,936

Previous: £635,750

Change: +£1,888,186 (+297%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £1,793,973

Previous: £771,624

Change: +£1,022,349 (+132.5%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £2,759,859

Previous: £1,478,114

Change: +£1,281,745 (+86.7%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £92,444

Previous: £107,585

Change: -£15,141 (-14.1%)

Comment: Fixed assets reduced noticeably.

Turnover

Current: Not reported

Previous: Not reported

Comment: Turnover not reported for either period, which is common for micro‑entity and small business.

Employees

Current: 8

Previous: 6

Change: +2 (+33.3%)

Comment: Strengthening the team.