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Faster Finance Ltd

10901223

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

CREATE BUSINESS HUB, GROUND FLOOR 5 RAYLEIGH ROAD, BRENTWOOD, CM13 1AB
Incorporated 04/08/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Mr Paul Richard Moore

director · Since 04/08/2017

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 27 other boards

Persons with Significant Control

Paul Richard Moore

25–50% shares

British · United Kingdom · Age 59

Cranham Hall, The Chase, Upminster, RM14 3YB

Notified 04/08/2017

Former PSCs

Darren Symes

Ceased 04/08/2017

CompanyRankvs 104527+ SIC 96090 peers
27

Financial strength2th percentile among SIC peers · 1/25
Employees16th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
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 strength1/25 pts

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

Employees2/15 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.

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 31/08/2024

Net Worth

-£108k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£53k

Working capital

Current Assets

—

Current Liabilities

£56k

0avg. employees

Balance Sheet

Assets less current liabilities-£53k
Prepared with IRIS Accounts Production

EstimatesDerived

YearImplied Profit
2024-£5k
2023-£19k
2022-£1k
2021-£30k

Derived from filed accounts. Not audited figures.