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The above diagram shows the color scheme of the layout in the main result page. The parent entities and officers are those entities, including individual and legal persons, have significant controls over the company in focus. The offspring entities and appointments are those entities that the company in focus can influence on.

Clicking the links on parent entities or officers, and offspring entities or managed companies will put them in focus and show upstream or downstream connections. In general, ascendant entities can be found by moving toward upstream, and descendant entities are by toward downstream. In this way, progenitor entities such as grandparent companies (parents of parent), sibling companies (children of parent), partner companies (parents of child), and progeny entities such as grandchild companies (children of child) can be found easily.

Parent entities and officers
Active 2
  • 1
    Edwell, Nicholas James
    Born in June 1969
    Individual (10 offsprings)
    Officer
    icon of calendar 2016-05-20 ~ now
    OF - Director → CIF 0
    Mr Nicholas James Edwell
    Born in June 1969
    Individual (10 offsprings)
    Person with significant control
    icon of calendar 2016-07-01 ~ now
    PE - Ownership of shares – More than 50% but less than 75% → CIF 0
    PE - Ownership of voting rights - More than 50% but less than 75% → CIF 0
    PE - Right to appoint or remove directors → CIF 0
  • 2
    Mr Steven Charalambous
    Born in July 1965
    Individual (2 offsprings)
    Person with significant control
    icon of calendar 2016-05-20 ~ now
    PE - Ownership of shares – More than 25% but not more than 50% → CIF 0
    PE - Ownership of voting rights - More than 25% but not more than 50% → CIF 0
Ceased 1
  • Charalambous, Steve
    Director born in July 1965
    Individual (2 offsprings)
    Officer
    icon of calendar 2016-05-20 ~ 2020-09-15
    OF - Director → CIF 0
    Mr Steve Charalambous
    Born in July 1965
    Individual (2 offsprings)
    Person with significant control
    icon of calendar 2016-07-01 ~ 2020-09-16
    PE - Ownership of shares – More than 25% but not more than 50% → CIF 0
parent relation
Company in focus

RAPID ELECTRICAL DISTRIBUTORS (WATFORD) LIMITED

Standard Industrial Classification
46520 - Wholesale Of Electronic And Telecommunications Equipment And Parts
Brief company account
Par Value of Share
Class 1 ordinary share
12024-01-01 ~ 2024-12-31
Class 2 ordinary share
12024-01-01 ~ 2024-12-31
Class 3 ordinary share
12024-01-01 ~ 2024-12-31
Turnover/Revenue
6,416,212 GBP2024-01-01 ~ 2024-12-31
5,550,160 GBP2023-01-01 ~ 2023-12-31
Cost of Sales
5,318,668 GBP2024-01-01 ~ 2024-12-31
4,538,436 GBP2023-01-01 ~ 2023-12-31
Gross Profit/Loss
1,097,544 GBP2024-01-01 ~ 2024-12-31
1,011,724 GBP2023-01-01 ~ 2023-12-31
Administrative Expenses
1,014,991 GBP2024-01-01 ~ 2024-12-31
838,930 GBP2023-01-01 ~ 2023-12-31
Operating Profit/Loss
82,553 GBP2024-01-01 ~ 2024-12-31
172,794 GBP2023-01-01 ~ 2023-12-31
Interest Payable/Similar Charges (Finance Costs)
77,433 GBP2024-01-01 ~ 2024-12-31
70,144 GBP2023-01-01 ~ 2023-12-31
Profit/Loss on Ordinary Activities Before Tax
5,120 GBP2024-01-01 ~ 2024-12-31
102,650 GBP2023-01-01 ~ 2023-12-31
Tax/Tax Credit on Profit or Loss on Ordinary Activities
3,414 GBP2024-01-01 ~ 2024-12-31
25,690 GBP2023-01-01 ~ 2023-12-31
Profit/Loss
1,706 GBP2024-01-01 ~ 2024-12-31
76,960 GBP2023-01-01 ~ 2023-12-31
Intangible Assets
4,339 GBP2024-12-31
11,778 GBP2023-12-31
Property, Plant & Equipment
35,776 GBP2024-12-31
64,356 GBP2023-12-31
Fixed Assets
40,115 GBP2024-12-31
76,134 GBP2023-12-31
Total Inventories
532,987 GBP2024-12-31
612,986 GBP2023-12-31
Debtors
1,371,022 GBP2024-12-31
1,548,046 GBP2023-12-31
Cash at bank and in hand
184,245 GBP2024-12-31
478,761 GBP2023-12-31
Current Assets
2,088,254 GBP2024-12-31
2,639,793 GBP2023-12-31
Creditors
Current
2,121,916 GBP2024-12-31
2,678,279 GBP2023-12-31
Net Current Assets/Liabilities
-33,662 GBP2024-12-31
-38,486 GBP2023-12-31
Total Assets Less Current Liabilities
6,453 GBP2024-12-31
37,648 GBP2023-12-31
Creditors
Non-current
-26,875 GBP2023-12-31
Net Assets/Liabilities
2,605 GBP2024-12-31
899 GBP2023-12-31
Equity
Called up share capital
102 GBP2024-12-31
102 GBP2023-12-31
Retained earnings (accumulated losses)
2,503 GBP2024-12-31
797 GBP2023-12-31
Equity
2,605 GBP2024-12-31
899 GBP2023-12-31
Average Number of Employees
132024-01-01 ~ 2024-12-31
122023-01-01 ~ 2023-12-31
Property, Plant & Equipment - Depreciation Expense
Owned assets
30,443 GBP2024-01-01 ~ 2024-12-31
45,768 GBP2023-01-01 ~ 2023-12-31
Audit Fees/Expenses
7,900 GBP2024-01-01 ~ 2024-12-31
12,350 GBP2023-01-01 ~ 2023-12-31
Intangible Assets - Gross Cost
Net goodwill
74,384 GBP2023-12-31
Intangible Assets - Accumulated Amortisation & Impairment
Net goodwill
70,045 GBP2024-12-31
62,606 GBP2023-12-31
Intangible Assets - Increase From Amortisation Charge for Year
Net goodwill
7,439 GBP2024-01-01 ~ 2024-12-31
Intangible Assets
Net goodwill
4,339 GBP2024-12-31
11,778 GBP2023-12-31
Property, Plant & Equipment - Gross Cost
Improvements to leasehold property
172,391 GBP2024-12-31
171,291 GBP2023-12-31
Motor vehicles
11,668 GBP2024-12-31
11,668 GBP2023-12-31
Computers
132,049 GBP2024-12-31
131,286 GBP2023-12-31
Property, Plant & Equipment - Gross Cost
316,108 GBP2024-12-31
314,245 GBP2023-12-31
Property, Plant & Equipment - Accumulated Depreciation & Impairment
Improvements to leasehold property
150,858 GBP2024-12-31
126,976 GBP2023-12-31
Motor vehicles
7,385 GBP2024-12-31
6,314 GBP2023-12-31
Computers
122,089 GBP2024-12-31
116,599 GBP2023-12-31
Property, Plant & Equipment - Accumulated Depreciation & Impairment
280,332 GBP2024-12-31
249,889 GBP2023-12-31
Property, Plant & Equipment - Increase From Depreciation Charge for Year
Improvements to leasehold property
23,882 GBP2024-01-01 ~ 2024-12-31
Motor vehicles
1,071 GBP2024-01-01 ~ 2024-12-31
Computers
5,490 GBP2024-01-01 ~ 2024-12-31
Property, Plant & Equipment - Increase From Depreciation Charge for Year
30,443 GBP2024-01-01 ~ 2024-12-31
Property, Plant & Equipment
Improvements to leasehold property
21,533 GBP2024-12-31
44,315 GBP2023-12-31
Motor vehicles
4,283 GBP2024-12-31
5,354 GBP2023-12-31
Computers
9,960 GBP2024-12-31
14,687 GBP2023-12-31
Merchandise
532,987 GBP2024-12-31
612,986 GBP2023-12-31
Trade Debtors/Trade Receivables
Current
1,169,962 GBP2024-12-31
1,289,922 GBP2023-12-31
Other Debtors
Current
201,060 GBP2024-12-31
258,124 GBP2023-12-31
Debtors
Amounts falling due within one year, Current
1,371,022 GBP2024-12-31
Current, Amounts falling due within one year
1,548,046 GBP2023-12-31
Bank Borrowings/Overdrafts
Current
26,875 GBP2024-12-31
53,750 GBP2023-12-31
Trade Creditors/Trade Payables
Current
961,772 GBP2024-12-31
1,175,147 GBP2023-12-31
Amounts owed to group undertakings
Current
85,250 GBP2024-12-31
307,141 GBP2023-12-31
Corporation Tax Payable
Current
9,440 GBP2024-12-31
33,456 GBP2023-12-31
Other Taxation & Social Security Payable
Current
62,552 GBP2024-12-31
22,230 GBP2023-12-31
Other Creditors
Current
973,027 GBP2024-12-31
1,083,555 GBP2023-12-31
Accrued Liabilities
Current
3,000 GBP2024-12-31
3,000 GBP2023-12-31
Bank Borrowings/Overdrafts
Non-current, Between one and two years
26,875 GBP2023-12-31
Future Minimum Lease Payments Under Non-cancellable Operating Leases
Amounts falling due within one year
72,245 GBP2024-12-31
72,245 GBP2023-12-31
Between one and five year
288,980 GBP2024-12-31
288,980 GBP2023-12-31
More than five year
72,245 GBP2023-12-31
All periods
361,225 GBP2024-12-31
433,470 GBP2023-12-31
Bank Borrowings
Secured
26,875 GBP2024-12-31
80,625 GBP2023-12-31
Total Borrowings
Secured
999,902 GBP2024-12-31
1,164,180 GBP2023-12-31
Number of Shares Issued (Fully Paid)
Class 1 ordinary share
100 shares2024-12-31
Class 2 ordinary share
1 shares2024-12-31
Class 3 ordinary share
1 shares2024-12-31
  • RAPID ELECTRICAL DISTRIBUTORS (WATFORD) LIMITED
    Info
    Registered number 10191669
    icon of addressUnit 3 Trade City Watford, Wiggenhall Road, Watford, Hertfordshire WD18 0EZ
    PRIVATE LIMITED COMPANY incorporated on 2016-05-20 (9 years 8 months). The company status is Active.
    The last date of confirmation statement was made at 2025-01-12
    CIF 0
child relation
Offspring entities and appointments
Active 0
  • Not found in our database.

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Contains public sector information retrieved at 12 November 2025 and licensed under the Open Government Licence v3.0.