Rapid Electronics Limited

Active01509592Wholesale & retailIncorporated 28 Jul 1980 · Colchester

The principal activity of the company continued to be that of the wholesale, distributions and retail of electronics components, equipment and tools.

Revenue

£24.8m

▲ +26.2% vs prior ~12m period

Profit after tax

£1.1m

Margin 5.6%

Employees

106

▼ -7.0% vs prior ~12m period

Net assets

£6.9m

Total assets £11.3m

Financial history

Revenue by accounting period

7 periods available · ▲ growth ▼ decline

Dec 2019
Not available
Dec 2020
£19.6m
Dec 2021
£24.8m▲ +26.2%
Dec 2022
Not available
Dec 2023
Not available
Dec 2024
Not available
Dec 2025
Not available
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Dec 2025——-£993k106£6.9m
31 Dec 2024——-£168k114£7.8m
31 Dec 2023——-£24k116£7.9m
31 Dec 2022——£1.4m117£8.0m
31 Dec 2021£24.8m▲ +26.2%£1.4m114£7.7m
31 Dec 2020£19.6m—£955k119£7.4m
31 Dec 2019————£7.2m

Latest available figures

Period ending 31 Dec 2021. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

Profit & loss

Revenue
£24.8m
Gross profit
£7.2m
Operating profit
£1.4m
Profit before tax
£1.4m
Profit after tax
£1.1m

Balance sheet

Total assets
£11.3m
Cash
£1.3m
Total liabilities
£4.4m
Net assets
£6.9m
Revenue per employee
Not available

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