Rapid Electrical Distributors (Watford) Limited
Registered name: RAPID ELECTRICAL DISTRIBUTORS (WATFORD) LIMITED
Part of Qubic Trustees Ltd groupRapid Electrical Distributors (Watford) Limited does not publish its revenue or profit. Its accounts to 31 Dec 2025 show net assets of £6.5k and 13 employees.
Rapid Electrical Distributors (Watford) Limited did not publish its revenue or profit — small companies aren’t required to file a profit & loss account. Its accounts for the year to 31 Dec 2025 showed net assets of £6.5k and 13 employees. The company is classified under “wholesale of electronic and telecommunications equipment and parts” and is based in Watford; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Watford, East of England
- Age
- 10 yrs · since 2016
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Rapid Electrical Distributors Limited”
Key figures
Revenue not disclosed
Rapid Electrical Distributors (Watford) Limited’s accounts for the year to 31 Dec 2025 contain a balance sheet but no profit & loss account, so its revenue and profit are not public. UK small and micro-entity companies are not required to publish a P&L — this is normal and says nothing about how the business is performing.
We never estimate revenue. Below you’ll find the balance-sheet figures that were filed — useful as indirect signals of momentum, but they are not revenue or profit.
- Employees
- 13
- Net assets
- £6.5k
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | No P&L |
| Profit & loss | ||||
| Revenue (turnover) | £4.9m | £5.6m | £6.4m | — |
| Cost of sales | £4m | £4.5m | £5.3m | — |
| Gross profit | £952k | £1m | £1.1m | — |
| Operating profit | £96.1k | £173k | £82.6k | — |
| Profit before tax | £44.4k | £103k | £5.1k | — |
| Profit after tax | £39k | £77k | £1.7k | — |
| Profit (best available) | £39k | £77k | £1.7k | — |
| Employees (average) | 13 | 12 | 13 | 13 |
| Ratios | ||||
| Profit margin | 0.8% | 1.4% | 0% | — |
| Gross margin | 19.3% | 18.2% | 17.1% | — |
| Revenue per employee | £380k | £463k | £494k | — |
| Profit per employee | £3k | £6.4k | £131 | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲12.5% | ▲15.6% | — |
| Profit growth | — | ▲97.6% | ▼97.8% | — |
| Headcount growth | — | ▼7.7% | ▲8.3% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £284k | £479k | £184k | £555k |
| Net assets | −£76.1k | £899 | £2.6k | £6.5k |
| Fixed assets | £120k | £76.1k | £40.1k | £27k |
| Current assets | £2.1m | £2.6m | £2.1m | £2.7m |
| Debtors | £1.1m | £1.3m | £1.2m | £1.5m |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Jul 2026 |
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲148%
- Now £6.5k
- Cash at bank
- ▲201%
- Now £555k
- Headcount
- 0%
- Now 13
- Deferred income
- —
- Now —
- Fixed assets
- ▼33%
- Now £27k
Group structure
Ownership chain
- Qubic Trustees Ltdultimate parent75–100%
- Qubic Associate Group Limited75–100%
- Qubic Trustees Ltd75–100%
- Rapid Electrical Distributors Holdings Limited75–100%
- Rapid Electrical Distributors Limited75–100%
- Rapid Electrical Distributors (Watford) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Pax Technology Europe LimitedWoking · Wholesale of electronic and telecommunications equipment and parts
- Revenue
- £28.9m
- Profit
- £6.6m
- Staff
- 13
- Chiptech International LimitedLancaster · Wholesale of electronic and telecommunications equipment and parts
- Revenue
- £22m
- Profit
- £4.7m
- Staff
- 36
- Astute Electronics LimitedStevenage · Wholesale of electronic and telecommunications equipment and parts
- Revenue
- £177m
- Profit
- £4.6m
- Staff
- 408
- RFMW Europe LimitedLincoln · Wholesale of electronic and telecommunications equipment and parts
- Revenue
- £15.2m
- Profit
- £3.8m
- Staff
- 14
- PCS Wireless UK LimitedBracknell · Wholesale of electronic and telecommunications equipment and parts
- Revenue
- £139m
- Profit
- £3.6m
- Staff
- 44
- Cable Services LimitedWrexham · Wholesale of electronic and telecommunications equipment and parts
- Revenue
- £47.4m
- Profit
- £3.6m
- Staff
- 65
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025, from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.