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Fast Track Bar Ltd

10621143

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

885 HIGH ROAD LEYTONSTONE, LONDON, E11 1HR
Incorporated 15/02/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Ifeanyi Kenneth Okonkwo

director · Since 01/05/2018

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 5 other boards

Persons with Significant Control

Mr Ifeanyi Kenneth Okonkwo

75–100% shares

British · England · Age 49

885, High Road Leytonstone, London, E11 1HR

Notified 01/05/2018

Former PSCs

Miss Amaka Onyekwelu

Ceased 01/05/2018

CompanyRankvs 6690+ SIC 56101 peers
62

Financial strength75th percentile among SIC peers · 19/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.03× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 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.

Liquidity12/20 pts

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

Longevity9/15 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 28/02/2024

Net Worth

£33k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£379

Working capital

Current Assets

£16k

Current Liabilities

£15k

4avg. employees

Balance Sheet

Assets less current liabilities£379
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20241.03+£31k
2023878.28
202226.15
2021127.97+£4k
20200.38
20190.76

Derived from filed accounts. Not audited figures.