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Fastlane Paint And Body Limited

05189582

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

105 HIGH STREET, WORCESTER, WR1 2HW
Incorporated 26/07/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Paul Christopher Hawkes

director · Since 30/12/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 64 other boards

Mr Richard Kenneth Steer

director · Since 30/12/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 91 other boards

Persons with Significant Control

Steer Automotive Group Limited

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

105, High Street, Worcester, WR1 2HW

Reg: 08239702 · England And Wales · Private Company Limited By Shares

Notified 30/12/2023

Former PSCs

Mr Peter Michael Weil

Ceased 30/12/2023

Mr Alex Andrea

Ceased 30/12/2023

Charges1 outstanding

Charge
outstanding

ARES MANAGEMENT LIMITED AS SECURITY AGENT

Created 11/02/2025Registered 12/02/2025
Charge
satisfied

LLOYDS BANK PLC

Created 20/04/2018Registered 20/04/2018Satisfied 08/09/2023
Charge
satisfied

LLOYDS BANK PLC

Created 28/06/2017Registered 30/06/2017Satisfied 12/12/2023
charge
satisfied

LLOYDS TSB BANK PLC

Created 30/04/2009Registered 06/05/2009Satisfied 12/12/2023
charge
satisfied

LLOYDS TSB BANK PLC

Created 07/05/2005Registered 11/05/2005Satisfied 22/12/2023
charge
satisfied

GORDON BRIAN HAYWARD

Created 10/03/2005Registered 18/03/2005Satisfied 30/11/2023

CompanyRankvs 2367+ SIC 45200 peers
62

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.45× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
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90
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9Holders Of Congresbury Limited
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10Westridge Garage (Ryde) Limited
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2367Fastlane Paint And Body Limited
82
How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity12/20 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

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent 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 director with respect to going conc

Key FinancialsYear ending 31/12/2022

Net Worth

£1.0M

Balance sheet strength

Cash

£926k

Cash in the bank

Net Current Assets

£612k

Working capital

Current Assets

£2.0M

Current Liabilities

£1.4M

Fixed Assets

£3.1M

Debtors

£939k

Profit After Tax

£2.0M

38avg. employees

Tax at Year End

Corp tax£219k
Dividends paid£1.4M

Balance Sheet

Bank loans & overdrafts£2.5M
Assets less current liabilities£3.7M
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent Ratio
20221.45

Derived from filed accounts. Not audited figures.