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Fastaward Limited

02871135

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

HOUNSDOWN , HOUNSDOWN BUSINESS PARK NEWMANS COPSE ROAD, SOUTHAMPTON, SO40 9LX
Incorporated 12/11/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77320
Renting and leasing of construction and civil engineering machinery and equipment

Officers

Mr Michael Kieran Kerr

director · Since 18/01/1995

CIVIL ENGINEER

IRISH · UNITED KINGDOM · Age 72

Also on 6 other boards

Mrs Roisin Kerr

secretary · Since 28/07/2016

Mr Jack Michael Kerr

director · Since 01/08/2021

DIRECTOR

IRISH · ENGLAND · Age 43

Also on 4 other boards

Persons with Significant Control

Mr Michael Kieran Kerr

75–100% shares
75–100% votes
Appoint directors

Irish · United Kingdom · Age 72

Burleigh House, Stonehills, Southampton, SO45 1DU

Notified 06/04/2016

Former PSCs

Mr John Patrick Mulhern

Ceased 28/07/2016

Charges3 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 17/01/2022Registered 01/02/2022
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC (THE "BANK")

Created 28/04/2014Registered 08/05/2014
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 18/12/2012Registered 20/12/2012
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 10/05/2006Registered 18/05/2006Satisfied 30/04/2014

CompanyRankvs 950+ SIC 77320 peers
46

Financial strength84th percentile among SIC peers · 21/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.27× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees13/15 pts

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

Liquidity2/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/05/2025

Turnover

£1.9M

Annual revenue

Net Worth

£821k

Balance sheet strength

Cash

£50k

Cash in the bank

Profit Before Tax

£46k

Bottom line earnings

Net Current Assets

-£629k

Working capital

Current Assets

£231k

Current Liabilities

£860k

Fixed Assets

£2.9M

Debtors

£181k

Cost of Sales

£792k

Gross Profit

£1.1M

Admin Expenses

£962k

Operating Profit

£96k

Profit After Tax

-£66k

8avg. employees

Tax at Year End(2024)

Corp tax£66k
Dividends paid£3.1M

People Costs

Wages & salaries£404k
NI contributions£45k

Balance Sheet

Assets less current liabilities£2.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.27+£0
20250.27-£66k
20240.22+£53k
20230.16-£2.9M
20224.36+£215k
20213.35+£519k
20202.66+£556k
20191.59+£366k
20180.96

Derived from filed accounts. Not audited figures.