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Bowes Fastrac Limited

05851181

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

LAWFORD HOUSE, LONDON, N3 1QA
Incorporated 19/06/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr David Thompson

director · Since 13/03/2009

COMMERCIAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 1 other board

Mr Adrian Birbeck

director · Since 10/07/2023

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Mr Russell John Bowes

director · Since 10/07/2023

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 1 other board

Mr Marc Steven North

director · Since 10/07/2023

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 1 other board

Persons with Significant Control

Engineering Group Limited

75–100% shares
75–100% votes

Unit 8, Sheldon Way, Aylesford, ME20 6SE

Reg: 14527334 · The Registrar Of Companies For England & Wales · Limited Company

Notified 20/06/2023

Former PSCs

Mr David Thompson

Ceased 20/06/2023

Charges3 outstanding

charge
outstanding

CLOSE INVOICE FINANCE LTD

Created 24/02/2010Registered 26/02/2010
charge
outstanding

STERLING HOLDINGS LIMITED

Created 10/08/2009Registered 14/08/2009
charge
outstanding

BOWES DESIGN AND DEVELOPMENT LIMITED (IN ADMINISTRATION)

Created 23/03/2009Registered 09/04/2009

CompanyRankvs 363+ SIC 82990 peers
80

Financial strength98th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 8.05× · 20/20
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 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.

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 31/12/2024

Net Worth

£1.9M

Balance sheet strength

Cash

£467k

Cash in the bank

Net Current Assets

£1.7M

Working capital

Current Assets

£1.9M

Current Liabilities

£239k

Fixed Assets

£238k

Debtors

£607k

27avg. employees

Balance Sheet

Assets less current liabilities£1.9M
Signed by 05851181 2024-01-01 2024-12-31 05851181 2024-12-31 05851181 bus:OrdinaryShareClass1 2024-12-31 05851181 core:CurrentFinaPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20248.05-£18k
20234.31-£894k
20224.71+£675k
20216.75—

Derived from filed accounts. Not audited figures.