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Fastline Property Limited

12464444

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Negative net worth (-10)
  • 4 outstanding charges (-8)

Details

OFFICE 2, WALSALL, WS2 9LZ
Incorporated 14/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Michael John Fellows

director · Since 14/02/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 8 other boards

Persons with Significant Control

Fastline Holdings Limited

75–100% shares
75–100% votes

C/O Equus Miller Limited, Brook House, Henley In Arden, B95 5AA

Reg: 11233362 · England And Wales · Limited Company

Notified 14/02/2020

Charges4 outstanding

Charge
outstanding

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CompanyRankvs 221901+ SIC 68209 peers
24

Financial strength9th percentile among SIC peers · 2/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.11× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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221901Fastline Property Limited
34
How is this score calculated?
Financial strength2/25 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.

Liquidity2/20 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

-£26k

Balance sheet strength

Cash

£29k

Cash in the bank

Net Current Assets

-£310k

Working capital

Current Assets

£37k

Current Liabilities

£346k

Fixed Assets

£1.4M

Debtors

£8k

Profit After Tax

-£31k

1avg. employees

Tax at Year End(2024)

Corp tax£549

Balance Sheet

Bank loans & overdrafts£1.2M
Assets less current liabilities£1.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.11-£31k
20240.06-£4k
20230.09+£5k
20220.09—
20210.33—

Derived from filed accounts. Not audited figures.