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Fastlathe Limited

05223712

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

16 QUEEN STREET, ILKESTON, DE7 5GT
Incorporated 07/09/2004

Compliance

Last accounts

30/09/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 18/10/2025

Due 01/11/2026

On track

Industry

42990
Construction of other civil engineering projects

Officers

Joanne Cresswell

secretary · Since 01/10/2004

BRITISH · Age 61

Also on 2 other boards

Mr Paul Andrew Horspool

director · Since 01/10/2004

MANAGER

BRITISH · ENGLAND · Age 59

Also on 1 other board

Mrs Joanne Michelle Cresswell

director · Since 01/10/2020

MANAGER

BRITISH · ENGLAND · Age 61

Persons with Significant Control

Mr Paul Andrew Horspool

Significant control

British · England · Age 59

16, Queen Street, Ilkeston, DE7 5GT

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 20/05/2015Registered 21/05/2015
charge
satisfied

DEUTSCHE LEASING UK LIMITED

Created 12/02/2009Registered 13/02/2009Satisfied 10/09/2025

CompanyRankvs 1530+ SIC 42990 peers
71

Financial strength84th percentile among SIC peers · 21/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.73× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding 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.

Employees14/15 pts

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

Liquidity16/20 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 31/03/2026

Net Worth

£266k

Balance sheet strength

Cash

£103k

Cash in the bank

Net Current Assets

£115k

Working capital

Current Assets

£270k

Current Liabilities

£156k

Fixed Assets

£271k

Debtors

£112k

10avg. employees

Tax at Year End

VAT£33k

Director Loans

Company owes directors£20k

Balance Sheet

Assets less current liabilities£386k
Signed by Mr Paul Horspool 26 August 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20261.73-£51k£669k
20251.31+£68k£1.2M
20241.66+£14k£1.2M
20231.43—£905k

Derived from filed accounts. Not audited figures.