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Fast Cabs Ipswich Ltd

12456027

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

41 UPPER ORWELL STREET, IPSWICH, IP4 1HP
Incorporated 11/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49320
Taxi operation

Officers

Sadek Hussin

director · Since 11/02/2020

British

CompanyRankvs 26650+ SIC 49320 peers
59

Financial strength97th percentile among SIC peers · 24/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.46× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 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.

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.

Longevity6/15 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 28/02/2025

Net Worth

£238k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

£168k

Working capital

Current Assets

£533k

Current Liabilities

£364k

Fixed Assets

£79k

Debtors

£521k

0avg. employees-10

Balance Sheet

Bank loans & overdrafts£9k
Assets less current liabilities£247k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.46+£58k
20241.41

Derived from filed accounts. Not audited figures.