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Fast Track Sourcing Limited

07189576

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

5 OSBORNE TERRACE, NEWCASTLE UPON TYNE, NE2 1SQ
Incorporated 15/03/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46460
Wholesale of pharmaceutical goods
46750
Wholesale of chemical products
82990
Other business support service activities

Officers

Mr William Alasdair Gray

director · Since 15/03/2010

GENERAL MANAGER

BRITISH · ENGLAND · Age 66

Also on 2 other boards

Dr Nicholas David Sutherland Owen

director · Since 08/02/2013

BUSINESSMAN

BRITISH · ENGLAND · Age 63

Also on 1 other board

Persons with Significant Control

Mr William Alasdair Gray

75–100% shares
75–100% votes

British · England · Age 66

Trinity Hall, Staithe Road, Bungay, NR35 1EX

Notified 06/04/2016

CompanyRankvs 170+ SIC 46460 peers
82

Financial strength86th percentile among SIC peers · 22/25
Employees66th percentile among SIC peers · 10/15
LiquidityCurrent ratio 10.47× · 20/20
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 strength22/25 pts

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

Employees10/15 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£447k

Balance sheet strength

Cash

£674k

Cash in the bank

Net Current Assets

£660k

Working capital

Current Assets

£730k

Current Liabilities

£70k

Fixed Assets

£4k

Debtors

£56k

2avg. employees

Balance Sheet

Assets less current liabilities£665k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202510.47-£178k
20246.46+£213k
20231.40+£22k
20222.18+£81k
20212.69+£72k
20201.74+£93k
20192.75

Derived from filed accounts. Not audited figures.