Back to search

Fastnet Properties Limited

02389418

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 17 outstanding charges (-10)

Details

9 THE LEXINGTON, LONDON, EC1Y 2AN
Incorporated 25/05/1989

Compliance

Last accounts

31/07/2024

unaudited abridged

Next accounts due

30/04/2026

Overdue

Confirmation statement

Last: 05/04/2025

Due 19/04/2026

Overdue

Industry

41100
Development of building projects

Officers

Mr Brian Anthony Conroy

director · Since 02/10/1997

DIRECTOR

IRISH · IRELAND · Age 69

Also on 10 other boards

Mr Eoin O'Cionna

director · Since 02/07/2001

DIRECTOR

IRISH · ENGLAND · Age 68

Also on 1 other board

Mr Alan Haugh

director · Since 13/08/2014

DIRECTOR

IRISH · IRELAND · Age 68

Also on 1 other board

Persons with Significant Control

Mr Brian Conroy

Significant control
significant-influence-or-control-as-firm

Irish · Ireland · Age 68

Tankardstown House, Rathkenny, Co Meath

Notified 07/04/2016

Charges17 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 12/06/2003Registered 24/06/2003
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 19/06/2002Registered 21/06/2002
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 15/03/2002Registered 19/03/2002
charge
outstanding

FASTNET BUILDERS LIMITED

Created 08/02/2002Registered 11/02/2002
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 08/10/2001Registered 17/10/2001
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 11/10/2001Registered 13/10/2001
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 02/01/2001Registered 11/01/2001
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 08/09/2000Registered 15/09/2000
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 04/08/2000Registered 19/08/2000
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 04/08/2000Registered 19/08/2000
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 08/05/2000Registered 15/05/2000
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 19/11/1999Registered 23/11/1999
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 14/04/1999Registered 04/05/1999
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 26/11/1998Registered 01/12/1998
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 16/03/1998Registered 24/03/1998
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 31/10/1994Registered 18/11/1994
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 31/10/1994Registered 18/11/1994
charge
satisfied

3I GROUP PLC

Created 26/08/1994Registered 01/09/1994Satisfied 07/10/1997
charge
satisfied

LLOYDS BANK PLC

Created 28/03/1994Registered 31/03/1994Satisfied 27/09/1994
charge
satisfied

LLOYDS BANK PLC

Created 30/03/1990Registered 03/04/1990Satisfied 27/09/1994

CompanyRankvs 5966+ SIC 41100 peers
66

Financial strength97th percentile among SIC peers · 24/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 5.6× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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 31/07/2024

Net Worth

£2.4M

Balance sheet strength

Cash

£79k

Cash in the bank

Net Current Assets

£2.4M

Working capital

Current Assets

£2.9M

Current Liabilities

£527k

Fixed Assets

£0

Debtors

£2.7M

0avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities£2.4M
Signed by 2023-08-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20245.60+£732k
20234.21-£27k
20224.43+£1.6M
20211.23+£70k
20201.09-£53
20191.09-£1.1M
20184.13

Derived from filed accounts. Not audited figures.