RAPID ELECTRICAL DISTRIBUTORS (WATFORD) LIMITED

Active
Company number 10191669Private limited companyIncorporated 2016

Key figures

£6,473+148.5%
Net assets 2025
-20.2%
Average annual change 2020–2025
-150 k-100 k-50 k050 k202020212022202320242025

Like most small UK companies, RAPID ELECTRICAL DISTRIBUTORS (WATFORD) LIMITED does not publish a profit and loss account in its latest accounts. The figures below come from the balance sheet.

Ratios

2025

Sector comparison

SIC 46520

Where the company stands among the 4,373 active companies whose first SIC code is 46520 (Wholesale of electronic and telecommunications equipment and parts).

Net assets£6,473
Lower than 59% · median £15,738
Total assets£2,696,930
Higher than 89% · median £111,625
Cash£555,116
Higher than 81% · median £59,558
Employees13
Higher than 92% · median 1
Company age10.5 years
Older than 71% · median 4.4 years
Largest in this sector by net assets
  1. WAVENET LIMITED£593.8m
  2. FUTURE ELECTRONICS LIMITED£534.2m
  3. PREMIER FARNELL UK LIMITED£272.6m
  4. RS COMPONENTS LIMITED£249.3m
  5. MOTOROLA SOLUTIONS UK LIMITED£244.9m
  6. ARROW ELECTRONICS (UK) LIMITED£97.2m
  7. TP-LINK UK LIMITED£78.8m
  8. LG ELECTRONICS U.K. LTD£75.6m
  9. ASTUTE ELECTRONICS LIMITED£56.3m
  10. CABLE SERVICES LIMITED£30.8m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 4,373. The line on each bar marks the median.

Summary: RAPID ELECTRICAL DISTRIBUTORS (WATFORD) LIMITED

What kind of company is it?

RAPID ELECTRICAL DISTRIBUTORS (WATFORD) LIMITED is a private limited company registered with Companies House under company number 10191669. It was incorporated on 20 May 2016. Its status is active. The registered office is in Watford (WD18). Its nature of business (SIC 2007) is wholesale of electronic and telecommunications equipment and parts (46520).

How is the company doing financially?

The latest accounts in the database are for 2025 (period ending 31 Dec 2025); the company files small company accounts. Net assets were £6,473, up 148.5% on the previous year. Cash at bank and in hand was £555,116. The company had an average of 13 employees. Figures are available for 6 financial years (2020–2025).

How does it compare with similar companies?

Compared with 4,373 active companies whose first SIC code is 46520: By net assets it ranks lower than 59% of them (median £15,738). By total assets it ranks higher than 89% of them (median £111,625). By cash it ranks higher than 81% of them (median £59,558). By number of employees it ranks higher than 92% of them (median 1). It is older than 71% of them (median age 4.4 years).

What do public registers and reports show?

HMRC lists it as an importer of goods, mainly furniture and lighting.

Who runs and controls the company?

The company has 1 current director. One person with significant control is registered. 4 of 4 registered charges are outstanding.

When are its next filings due?

The next accounts are due by 30 Sep 2027. The next confirmation statement is due by 26 Jan 2027.

Filed accounts2020–2025
20212022202320242025
Turnover——5,550,1606,416,212—
Profit for the year——76,9601,706—
Cash at bank and in hand242,015283,555478,761184,245555,116
Total assets2,084,6912,214,1722,715,9272,128,3692,696,930
Total liabilities2,184,798————
Net assets / total equity-115,016-76,0618992,6056,473
Average number of employees1213121313

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Registers and licences

International trade‡

Listed by HMRC as an importer of goods in 1 of the last 12 months on record, most recently May 2026. Main goods: furniture and lighting.

From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.

History

17 events
  1. Financial year 2025 endedAccounts: net assets £6,473, 13 employees
  2. Financial year 2024 endedAccounts: turnover £6.4m, net assets £2,605, 13 employees
  3. Financial year 2023 endedAccounts: turnover £5.6m, net assets £899, 12 employees
  4. Financial year 2022 endedAccounts: net assets −£76.1k, 13 employees
  5. Financial year 2021 endedAccounts: net assets −£115k, 12 employees
  6. Financial year 2020 endedAccounts: net assets £20k, 12 employees
  7. Rapid Electrical Distributors Limited registered as a person with significant control
  8. Mr Steve Charalambous ceased to be a person with significant control
Earlier events (9)
  1. Mr Nicholas James Edwell ceased to be a person with significant control
  2. Mr Steven Charalambous ceased to be a person with significant control
  3. Steve CHARALAMBOUS resignedDirector
  4. Mr Steve Charalambous registered as a person with significant control
  5. Mr Nicholas James Edwell registered as a person with significant control
  6. Nicholas James EDWELL appointedDirector
  7. Steve CHARALAMBOUS appointedDirector
  8. Mr Steven Charalambous registered as a person with significant control
  9. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current and former persons with significant control, and the end of each financial year with figures in the database.