# Rapid Electrical Distributors (Watford) Limited

## Details

- **Company number:** [10191669](https://find-and-update.company-information.service.gov.uk/company/10191669)
- **Status:** Active
- **Type:** Private Limited Company
- **Incorporated:** 20 May 2016
- **Registered office:** UNIT 3 TRADE CITY WATFORD, WIGGENHALL ROAD, WATFORD, WD18 0EZ
- **Nature of business:** [46520](/sic/46520) Wholesale of electronic and telecommunications equipment and parts
- **Corporate group:** [Sevindie Limited](/group/3807) (262 companies)




## Control

| Name | Nature of control | Notified | Ceased |
|---|---|---|---|
| Mr Steve Charalambous | ownership-of-shares-25-to-50-percent | 1 Jul 2016 | 16 Sep 2020 |
| Mr Nicholas James Edwell | ownership-of-shares-50-to-75-percent, voting-rights-50-to-75-percent, right-to-appoint-and-remove-directors | 1 Jul 2016 | 16 Sep 2020 |
| Mr Steven Charalambous | ownership-of-shares-25-to-50-percent, voting-rights-25-to-50-percent | 20 May 2016 | 16 Sep 2020 |
| Rapid Electrical Distributors Limited | ownership-of-shares-75-to-100-percent, voting-rights-75-to-100-percent, right-to-appoint-and-remove-directors | 16 Sep 2020 |  |



## Accounts

| Year ended | Turnover | Net assets | Cash | Employees |
|---|---|---|---|---|
| 31 Dec 2025 | - | £6,473 | £555,116 | 13 |
| 31 Dec 2024 | £6,416,212 | £2,605 | £184,245 | 12 |
| 31 Dec 2023 | £5,550,160 | £899 | £478,761 | 13 |
| 31 Dec 2022 | - | -£76,061 | £283,555 | 12 |
| 31 Dec 2021 | - | -£115,016 | £242,015 | 12 |
| 31 Dec 2020 | - | £19,961 | £230,067 | 14 |
| 31 Dec 2019 | - | £54,673 | £3,863 | 11 |
| 31 Dec 2018 | - | £74,975 | £161,411 | - |
| 31 Dec 2017 | - | £56,654 | £52,575 | - |
| 31 Dec 2016 | - | £22,987 | £48,873 | - |



## Owned by

Rapid Electrical Distributors (Watford) Limited → [Rapid Electrical Distributors Limited](/company/05007840) → [Rapid Electrical Distributors Holdings Limited](/company/13196044) → [Qubic Trustees Ltd](/company/06890768) → [Qubic Associate Group Limited](/company/06871396)