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Fastline Travel Limited

06736709

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)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

262A HIGH STREET, WEST BROMWICH, B70 8AQ
Incorporated 29/10/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49390
Other passenger land transport

Officers

Mr Mohammad Hafeez

director · Since 06/03/2026

PAKISTANI · ENGLAND · Age 43

Also on 8 other boards

Persons with Significant Control

Mr Mohammad Hafeez

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

Pakistani · England · Age 43

262a, High Street, West Bromwich, B70 8AQ

Notified 06/03/2026

Former PSCs

Mr Safdar Ali

Ceased 03/07/2025

Mr Miragha Ahmadzai

Ceased 06/03/2026

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 26/04/2016Registered 26/04/2016

CompanyRankvs 3158+ SIC 49390 peers
36

Financial strength1th percentile among SIC peers · 0/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.16× · 2/20
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 strength0/25 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.

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.

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 30/09/2024

Net Worth

-£911k

Balance sheet strength

Cash

£69

Cash in the bank

Net Current Assets

-£1.7M

Working capital

Current Assets

£308k

Current Liabilities

£2.0M

Fixed Assets

£743k

Debtors

£308k

29avg. employees

Tax at Year End

VAT£20k

Balance Sheet

Assets less current liabilities-£911k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.16-£122k£395k
20230.15£418k

Derived from filed accounts. Not audited figures.