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Fastway Business Solutions Ltd

11090710

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

4 KING STREET, SPENNYMOOR, DL16 6QG
Incorporated 30/11/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82190
Photocopying, document preparation and other specialised office support activities

Officers

Mr Paul James Cox

director · Since 30/11/2017

ENGINEER

ENGLISH · ENGLAND · Age 58

Mr Andrew Mortimer

director · Since 30/11/2017

ENGINEER

ENGLISH · ENGLAND · Age 58

Also on 1 other board

Persons with Significant Control

Mr Andrew Mortimer

Significant control

English · England · Age 58

4, King Street, Spennymoor, DL16 6QG

Notified 30/11/2017

Mr Paul James Cox

Significant control

English · England · Age 58

4, King Street, Spennymoor, DL16 6QG

Notified 30/11/2017

CompanyRankvs 291+ SIC 82190 peers
69

Financial strength92th percentile among SIC peers · 23/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.34× · 20/20
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 strength23/25 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.

Liquidity20/20 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 30/11/2024

Net Worth

£110k

Balance sheet strength

Cash

£66k

Cash in the bank

Net Current Assets

£94k

Working capital

Current Assets

£165k

Current Liabilities

£70k

Fixed Assets

£24k

Debtors

£99k

0avg. employees

Tax at Year End

VAT£10k

Balance Sheet

Bank loans & overdrafts£9k
Assets less current liabilities£118k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.34+£15k£198k
20232.21£171k

Derived from filed accounts. Not audited figures.