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Fast Car Audio Ltd

11619276

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

Details

17 ASH GROVE, CHESHAM, HP5 2FU
Incorporated 12/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47430
Retail sale of audio and video equipment in specialised stores

Officers

Mr Safraz Ebrahim

director · Since 12/10/2018

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 3 other boards

Persons with Significant Control

Mr Safraz Ebrahim

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

British · England · Age 46

17, Ash Grove, Chesham, HP5 2FU

Notified 12/10/2018

CompanyRankvs 517+ SIC 47430 peers
53

Financial strength60th percentile among SIC peers · 15/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.68× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength15/25 pts

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

Employees9/15 pts

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

Liquidity6/20 pts

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

Longevity8/15 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 31/10/2023

Net Worth

£10k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£22k

Current Liabilities

£32k

Fixed Assets

£250

2avg. employees

Balance Sheet

Assets less current liabilities£10k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20230.68+£42
20220.71+£4k
20210.82-£1k
20200.63+£0
20190.63

Derived from filed accounts. Not audited figures.