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Fastfair Limited

05968379

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

1 ARNE CLOSE, BASINGSTOKE, RG22 4JP
Incorporated 16/10/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47240
Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores
47250
Retail sale of beverages in specialised stores
47620
Retail sale of newspapers and stationery in specialised stores

Officers

Mrs Suryaben Patel

secretary · Since 05/06/2007

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 3 other boards

Mr Kishor Patel

director · Since 05/06/2007

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 3 other boards

Mrs Suryaben Patel

director · Since 05/06/2007

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 3 other boards

Persons with Significant Control

Mrs Suryaben Patel

25–50% shares
25–50% votes

British · England · Age 62

1, Arne Close, Basingstoke, RG22 4JP

Notified 08/06/2016

Mr Kishore Patel

25–50% shares
25–50% votes
Appoint directors

British · England · Age 62

1, Arne Close, Basingstoke, RG22 4JP

Notified 16/10/2016

CompanyRankvs 2838+ SIC 47240 peers
39

Financial strength12th percentile among SIC peers · 3/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees4/15 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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

-£20k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£23k

Working capital

Current Assets

£456

Current Liabilities

£23k

Fixed Assets

£3k

1avg. employees

Tax at Year End(2020)

Corp tax£2k

Balance Sheet

Assets less current liabilities-£20k
Signed by Mr Kishor Patel 29/08/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.02-£11k
20230.96-£4k
20220.95-£16k
20211.53
20200.48
20190.48
20180.74

Derived from filed accounts. Not audited figures.