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Fastlane Paint And Body (West) Ltd

10055578

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

105 HIGH STREET, WORCESTER, WR1 2HW
Incorporated 10/03/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Mr Paul Christopher Hawkes

director · Since 30/12/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 64 other boards

Mr Richard Kenneth Steer

director · Since 30/12/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 91 other boards

Persons with Significant Control

Fastlane Paint And Body Limited

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

105, High Street, Worcester, WR1 2HW

Reg: 05189582 · England And Wales · Limited Company

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 20/04/2018Registered 20/04/2018Satisfied 08/09/2023
Charge
satisfied

LLOYDS BANK PLC

Created 20/04/2018Registered 20/04/2018Satisfied 08/09/2023

CompanyRankvs 4802+ SIC 45200 peers
80

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.55× · 16/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Wallis & Son Limited
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4P. Goddard & Sons Limited
90
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90
6Hadleigh Tyre Services Limited
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7Platts Motor Company Limited
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8Whartons Garage Limited
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9Holders Of Congresbury Limited
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10Westridge Garage (Ryde) Limited
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4802Fastlane Paint And Body (West) Ltd
76
How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 pts

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

Liquidity16/20 pts

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

Longevity10/15 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 31/12/2022

Net Worth

£924k

Balance sheet strength

Cash

£833k

Cash in the bank

Net Current Assets

£828k

Working capital

Current Assets

£2.3M

Current Liabilities

£1.5M

Fixed Assets

£345k

Debtors

£1.3M

48avg. employees

Tax at Year End

Corp tax£114k

Balance Sheet

Assets less current liabilities£1.2M
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent Ratio
20221.55

Derived from filed accounts. Not audited figures.