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Fastrak Recruitment Ltd

07849080

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

YARD 2 PENNS CLOSE, SPALDING, PE11 5JH
Incorporated 16/11/2011

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 18/09/2025

Due 02/10/2026

On track

Industry

78200
Temporary employment agency activities

Officers

Mr Dainius Butauskas

director · Since 14/11/2016

HGV DRIVER

LITHUANIAN · ENGLAND · Age 56

Mr Donatas Merkelis

director · Since 01/04/2021

OPERATIONS MANAGER

LITHUANIAN · ENGLAND · Age 41

Also on 5 other boards

Persons with Significant Control

Mr Dainius Butauskas

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

Lithuanian · England · Age 56

Yard 2, Penns Close, Spalding, PE11 5JH

Notified 18/09/2017

Mr Donatas Merkelis

25–50% shares
25–50% votes
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-firm

Lithuanian · England · Age 41

Yard 2, Penns Close, Spalding, PE11 5JH

Notified 01/04/2021

Former PSCs

Mr Juozas Bucys

Ceased 13/09/2017

Charges1 outstanding

Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 30/03/2016Registered 08/04/2016

CompanyRankvs 1406+ SIC 78200 peers
67

Financial strength84th percentile among SIC peers · 21/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 2.54× · 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 strength21/25 pts

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

Employees6/15 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 30/11/2025

Net Worth

£57k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£63k

Working capital

Current Assets

£104k

Current Liabilities

£41k

Debtors

£100k

1avg. employees

Balance Sheet

Bank loans & overdrafts£6k
Assets less current liabilities£63k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20252.54+£39k
20241.53-£13k
20232.03

Derived from filed accounts. Not audited figures.