Rapid Electronics Ltd
UnknownCompany number01509592
Company typeUnknown
JurisdictionUnknown
IncorporatedInvalid Date
Concentration risk
Buyer concentrationHigh risk
90%Top 3 buyers account for 90% of total contract value
Sector concentrationHigh risk
100%Top 2 sectors represent 100% of portfolio
Single buyer dependencyHigh risk
73%Largest buyer (NORTH WESTERN UNIVERSITIES PURCHASING CONSORTIUM LIMITED) represents 73% of total value
Route to marketHigh risk
100%100% of contract value via direct award
Contract renewal windowLow risk
1 in 24mo1 contracts due for renewal in next 24 months
New buyer acquisitionLow risk
4 in 24mo4 new buying relationships in last 24 months
Buyer breakdown15 buyers
Total buyers15
Top 5 concentration95%
Returning buyers11
New buyers (24 mo)4
Top buyers by contract value
Sector breakdown1 sectors
100%
OtherOther
Other
StableContract value£3m
Contracts31
Buyers15
Contract patterns
Avg contract value£108k
Avg duration2yr 1mo
Renewal rate40%
Total contracts31
Awards by year
22020£144k
12022£11k
22023£110k
52024£108k
12026£446k