Fast Engineering (South Wales) Limited
10869549
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 17/07/2017
ADMINISTRATOR
WELSH · WALES · Age 52
Also on 6 other boards
Persons with Significant Control
Leigh Haslett
British · United Kingdom · Age 52
4 Chestnut Court, Chestnut Drive, Abergavenny, NP7 5JD
Notified 17/07/2017
CompanyRankvs 363+ SIC 24200 peers33
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
-£2k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£6k
Working capital
Current Assets
£6k
Current Liabilities
£12k
Fixed Assets
£4k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.48 | -£24k |
| 2024 | 1.81 | -£15k |
| 2023 | 1.22 | +£6k |
| 2022 | 1.13 | +£15k |
| 2021 | 0.90 | -£13k |
| 2020 | 3.59 | +£18k |
| 2019 | 0.99 | -£11k |
| 2018 | 1.62 | — |
Derived from filed accounts. Not audited figures.