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Fastec Racing Limited

07940896

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk

No risk factors detected.

Details

UNIT 9 STUDLANDS BUSINESS CENTRE, NEWMARKET, CB8 7SS
Incorporated 08/02/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Daniel Ward Starmer

director · Since 08/02/2012

ENGINEER

BRITISH · ENGLAND · Age 59

Also on 3 other boards

Mr John Edward Grant Williams

director · Since 08/02/2012

ENGINEER

BRITISH · ENGLAND · Age 59

Also on 3 other boards

Persons with Significant Control

Mr Daniel Ward Starmer

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

British · England · Age 59

Unit 9, Studlands Business Centre, Newmarket, CB8 7SS

Notified 01/07/2016

Mr John Edward Grant Williams

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

British · England · Age 59

Unit 9, Studlands Business Centre, Newmarket, CB8 7SS

Notified 01/07/2016

Charges0 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 15/03/2018Registered 19/03/2018Satisfied 12/12/2023
Charge
satisfied

LLOYDS BANK PLC

Created 15/03/2018Registered 15/03/2018Satisfied 12/12/2023

CompanyRankvs 15169+ SIC 45200 peers
57

Financial strength66th percentile among SIC peers · 17/25
Employees72th percentile among SIC peers · 11/15
LiquidityNo balance sheet data · 0/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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15169Fastec Racing Limited
57
How is this score calculated?
Financial strength17/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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 28/02/2025

Net Worth

£20k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£18k

Working capital

Current Assets

£82k

Current Liabilities

—

Fixed Assets

£44k

4avg. employees+1
Prepared with BrightAccountsProduction v1.0.0

EstimatesDerived

YearCurrent RatioImplied Profit
2025—-£4k
20241.78-£3k
20230.77+£10k
20220.87-£27k
20211.45—

Derived from filed accounts. Not audited figures.