# RAPID POWER GENERATION LTD (NI660359)

> RAPID POWER GENERATION LTD is an active private limited company (company number NI660359) incorporated on 4 April 2019, registered in Craigavon. Its registered activity is manufacture of electric motors, generators and transformers (SIC 27110). Latest small accounts cover the period ending 31 August 2025, showing net assets of £932k and cash of £194k, with 8 employees on average. Net assets rose 10% on the prior period (£845k).

- Status: Active
- Incorporated: 2019-04-04
- Registered office: Craigavon, BT62 2LX
- SIC 27110: Manufacture of electric motors, generators and transformers
- Next accounts due: 2027-05-31
- Confirmation statement due: 2027-04-18
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 350 comparable companies in the UK (median £10k, upper quartile £248k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-08-31 | £932k | £194k | £322k | £546k | — | — | 8 |
| 2024-08-31 | £845k | £91k | £527k | £1.21m | — | — | 12 |

current ratio 2.68; size band micro.

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

- Net assets above zero: Net assets £932,457 at 31 August 2025
- Net assets up 10% or more on the prior period: +10.4% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 2.68
- Cash at bank of £50,000 or more: Cash £193,565
- Incorporated five or more years ago: Incorporated 4 April 2019

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

## Persons with significant control

- John Pickering — owns 25–50% of shares; holds 25–50% of voting rights, since 2019-04-04
- Mr Mark James Lappin — owns 25–50% of shares; holds 25–50% of voting rights, since 2019-04-04

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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/NI660359
HTML: https://firmoscan.com/company/NI660359-rapid-power-generation-ltd