Fastline Coatings Limited
02247764
Some Concerns
- Negative net worth (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/05/2025
micro entity
Next accounts due
28/02/2027
Confirmation statement
Last: 09/05/2025
Due 23/05/2026
Industry
Officers
director · Since 05/06/2019
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 66
Also on 1 other board
Persons with Significant Control
Peck Holdings Limited
2, Greenhill Close, Preston, PR1 9AG
Reg: 11941145 · Companies House · Limited Company
Notified 05/06/2019
Former PSCs
Mr Stephen Garsed
Ceased 05/06/2019
Mrs Julie Ann Garsed
Ceased 05/06/2019
Charges1 outstanding
HSBC UK BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 1768+ SIC 25620 peers32
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/05/2025
Net Worth
-£27k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£82k
Working capital
Current Assets
£44k
Current Liabilities
£125k
Fixed Assets
£55k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.35 | -£7k |
| 2024 | 0.44 | -£909 |
| 2023 | 0.44 | +£15k |
| 2022 | 0.33 | -£8k |
| 2021 | 0.39 | -£4k |
| 2020 | 0.38 | -£29k |
| 2019 | 0.82 | — |
Derived from filed accounts. Not audited figures.