Back to search

Fastgear Auto Limited

08622759

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

486 RAILWAY ARCHES, LONDON, E3 4BN
Incorporated 24/07/2013

Compliance

Last accounts

31/07/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 13/06/2025

Due 27/06/2026

Overdue

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Mohammod Seful Ahmed

director · Since 09/07/2019

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 2 other boards

Persons with Significant Control

Mr Mohammod Seful Ahmed

25–50% shares

British · England · Age 55

486, Railway Arches, London, E3 4BN

Notified 07/04/2016

CompanyRankvs 29123+ SIC 45200 peers
37

Financial strength0th percentile among SIC peers · 0/25
Employees45th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Wallis & Son Limited
90
2J.P. Arthur & Sons Limited
90
3T.Reeve And Son Limited
90
4P. Goddard & Sons Limited
90
5Leeson'S Garage Limited
90
6Hadleigh Tyre Services Limited
90
7Platts Motor Company Limited
90
8Crossroads Truck & Bus Limited
90
9Whartons Garage Limited
90
10Holders Of Congresbury Limited
90
29123Fastgear Auto Limited
37
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.

Employees7/15 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.

Longevity13/15 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 31/07/2025

Net Worth

-£342k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£360k

Working capital

Current Assets

£3k

Current Liabilities

£363k

Fixed Assets

£29k

2avg. employees

Balance Sheet

Assets less current liabilities-£331k
Signed by Mr Seful Ahmed 31/07/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01-£51k
20240.01-£54k
20230.02—

Derived from filed accounts. Not audited figures.