Gas Fast Limited
05784955
Healthy
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/12/2020
OFFICE MANAGER
BRITISH · ENGLAND · Age 43
Also on 1 other board
director · Since 21/05/2024
CHIEF COMMERCIAL OFFICER
BRITISH · ENGLAND · Age 55
Also on 1 other board
director · Since 21/05/2024
CHIEF FINANCIAL OFFICER
BRITISH · ENGLAND · Age 51
Also on 5 other boards
director · Since 21/05/2024
CHIEF DIGITAL & MARKETING OFFICER
BRITISH · ENGLAND · Age 54
Also on 1 other board
Persons with Significant Control
Wickes Group Holdings Limited
Vision House, 19 Colonial Way, Watford, WD24 4JL
Reg: 12219561 · Registrar Of Companies · Private Limited Company
Notified 21/05/2024
Former PSCs
Mr David Steven Draper
Ceased 19/06/2022
Mrs Kylie Louise Draper
Ceased 21/05/2024
Mr David Steven Draper
Ceased 21/05/2024
CompanyRankvs 169+ SIC 43220 peers80
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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
Going concern doubt: -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 original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t
Key FinancialsYear ending 31/12/2024
Turnover
£11.0M
Annual revenue
Net Worth
£1.7M
Balance sheet strength
Cash
£1.3M
Cash in the bank
Profit Before Tax
£561k
Bottom line earnings
Net Current Assets
£1.5M
Working capital
Current Assets
£2.4M
Current Liabilities
£851k
Fixed Assets
£181k
Debtors
£731k
Cost of Sales
£8.4M
Gross Profit
£2.6M
Admin Expenses
£2.1M
Operating Profit
£526k
Profit After Tax
£419k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.79 | -£4.4M |
| 2024 | 5.83 | +£2.4M |
| 2023 | 2.67 | +£3.1M |
| 2022 | 2.64 | +£88k |
| 2021 | 3.87 | +£116k |
| 2020 | 4.93 | +£211k |
| 2019 | 4.42 | — |
Derived from filed accounts. Not audited figures.