Rapid Innovation Group Limited: FCA regulated?

Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Authorised for 4 years
Your funds are protected by FSCS
No FCA actions
Active company since 2002
Accounts filed up to 31 December 2025

Website, phone number and address

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

Website

rapidinnovation.co.uk (opens in a new tab)
Phone number

07990 970119
Address

Lion Court, 25 Procter Street, London, WC1V 6NY, United Kingdom

In the full report: 3 background checks

When rapidinnovation.co.uk first appeared online, and whether it can receive email
What kind of line 07990 970119 is
Who else gives the postcode WC1V 6NY

Other names (1)

If you were contacted under any of these names, it is this firm.

Rapid Innovation Former trading name: A name it used to trade under.

FCA permissions and consumer protection

Hold or safeguard your money · Manage or trade investments FSCS may apply
Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
Give regulated advice FSCS may apply
A claim for unsuitable advice is itself FSCS-protected, up to the limit that applies to the product you were advised on.
Complaints Ombudsman, free
You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

Show FCA detail (3 permissions)

Advising on investments (except on Pension Transfers and Pension Opt Outs)
Arranging (bringing about) deals in investments
Making arrangements with a view to transactions in investments

Limits on what they may do

Corporate finance business only.

The firm must not conduct designated investment business other than corporate finance business.
Corporate finance business - retail

The firm must not conduct any designated investment business with retail clients other (or except) than corporate finance business.

FCA disciplinary action and complaints

No FCA disciplinary action.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company number: 04413734 (opens Companies House in a new tab)
Company status: Active
Company type: Private limited company
Incorporated: 10 April 2002 (24 years old)
Registered office: Lion Court, 25 Procter Street, London, WC1V 6NY, England
Nature of business: Management consultancy activities other than financial management (SIC 70229)

Directors and company secretaries

Name	Role	Born	Appointed	Other companies
Shields John Desmond Russell	Director	Nov 1964	18 Apr 2002	5 other companies
Simon Harris Jackson	Director	Jul 1970	27 Jun 2011	10 other companies

Other companies run by these 2 directors

A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.

other companies: 13
closed down: 8
run together: 2

In the full report: all 13 companies, named

What each company does, and whether it is still trading
Which of these 2 directors sit on each board, and since when
Any that went into liquidation or administration
The 2 companies these 2 directors run together
All 3 people who have ever been directors, with their dates

Filed accounts and finances

Year to 31 December 2025Small company accountsNot audited

Net assets

£482k

−1.2% from £488k

Cash at bank

£204k

−29% from £287k

Employees (average)

16

−5.9% from 17

Owed within a year

£220k

−22% from £284k

Assets and liabilities

In the full report: all 7 years of accounts

Every year from 2019 to 2025
The chart, over every year
Every filed figure, year by year

About these figures

Turnover: Money taken from sales in the year, before any costs.
Profit before tax: What was left after the year’s costs, before corporation tax. A minus figure is a loss.
Net assets, or total equity: Everything the company owns minus everything it owes. A minus figure means it owes more than it owns.
Total assets and total liabilities: Everything the company owns, and everything it owes, on the last day of the year. The gap between them is its net assets.
Cash at bank: Money in the company’s accounts on the last day of the year.
Owed within a year, owed after a year: Debts and bills due in the next twelve months, and those due later.

There is no turnover or profit: small companies do not have to publish them.

Accounts filed at Companies House for company 04413734. Every figure is as filed, apart from total assets and total liabilities, which are added up from filed figures. Nothing is estimated.

Key dates in its history

Rapid Innovation Group’s history from the FCA register and Companies House, newest first.

Key events (6) All events (13)

2022

3 October 2022

Regulated by the FCA from this date
FCA imposed a requirement (Corporate finance business - retail)
FCA imposed a requirement (Corporate finance business only.)
Became authorised by the FCA

FCA register

2016

6 April 2016

Shields John Desmond Russell became the majority owner (50–75% of shares)

Companies House

2002

10 April 2002

Incorporated at Companies House

Companies House

In the full report: all 13 events

All 13 events in its history (6 shown here)
Every director appointment and resignation: 2

Firms connected to Rapid Innovation Group

Other FCA-listed firms that share a director, phone number or address with Rapid Innovation Group. A link shows who the firm is tied to, not whether either can be trusted.

connected firms: 3
share its postcode: 3

In the full report: all 3 connected firms, named

How each is linked: the same postcode (3)
Who links each one: the named directors, with dates

Firms like Rapid Innovation Group

Other firms of the same type (financial adviser), nearest first.

In London

Ernst & Young LLPLondonAuthorised Gallagher (Administration & Investment) LimitedLondonAuthorised Gallagher Risk & Reward LimitedLondonAuthorised Kroll Securities LtdLondonAuthorised Cambridge Mercantile Risk Management (UK) LtdLondonAuthorised Capita Pension Solutions LimitedLondonAuthorised

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on Rapid Innovation Group

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

13 other companies its directors have run, named
3 background checks on its contact details
7 years of accounts, charted
All 13 events in its history
3 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Rapid Innovation Group Limited FCA authorised?

Yes, Rapid Innovation Group Limited (FRN 975150) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since October 2022 and works as a financial adviser. The FCA has placed 2 limits on what it may do.

What is Rapid Innovation Group’s phone number and website?

The FCA register lists the phone number 07990 970119 and the website rapidinnovation.co.uk for Rapid Innovation Group. If you were given different contact details, use these to check with the firm before going any further.

Is Rapid Innovation Group a scam or clone?

Rapid Innovation Group is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.

Is my money safe with Rapid Innovation Group?

It may control client money but not hold it. It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Rapid Innovation Group to the Financial Ombudsman Service, free of charge.

Who owns Rapid Innovation Group?

Companies House lists one person with significant control of Rapid Innovation Group: Mr Shields John Desmond Russell (50–75% of shares).

Who runs Rapid Innovation Group?

Companies House lists 2 directors of Rapid Innovation Group: Shields John Desmond Russell and Simon Harris Jackson.

How long has Rapid Innovation Group been in business?

The company was formed on 10 April 2002, and has held its current FCA authorisation since October 2022.

What do Rapid Innovation Group’s latest accounts show?

Its latest accounts, to 31 December 2025, show net assets of £482k (−1.2% from £488k) and cash at bank of £204k (−29% from £287k).

Does Rapid Innovation Group use any other names?

It has previously used the name Rapid Innovation.