# RAPID RUGS LTD (04787935)

> RAPID RUGS LTD is an active private limited company (company number 04787935) incorporated on 5 June 2003, registered in Bedford. Its registered activity is other retail sale not in stores, stalls or markets (SIC 47990). Latest micro accounts cover the period ending 31 July 2025, showing net assets of −£23k, with 2 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 29% on the prior period (−£18k).

- Status: Active
- Incorporated: 2003-06-05
- Registered office: Bedford, MK41 0LU
- SIC 47990: Other retail sale not in stores, stalls or markets
- Next accounts due: 2027-04-30
- Confirmation statement due: 2027-06-19
- Accounts type: MICRO ENTITY

By net assets it sits in the bottom quarter of 220 comparable companies in Milton Keynes (median £593, upper quartile £14k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-07-31 | −£23k | — | — | — | — | — | 2 |
| 2024-07-31 | −£18k | — | — | — | — | — | 2 |

size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-22,705 at 31 July 2025
- Net assets down 25% or more on the prior period: -29.3% vs prior period
- Incorporated five or more years ago: Incorporated 5 June 2003

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Michele Francolino — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2017-06-05
- Mrs Jane Margaret Francolino — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2026-06-05

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/04787935
HTML: https://firmoscan.com/company/04787935-rapid-rugs-ltd