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Fastic Ltd

12720972

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

Details

275 BARLOW ROAD, MANCHESTER, M19 3HQ
Incorporated 05/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47890
Retail sale via stalls and markets of other goods
47910
Retail sale via mail order houses or via Internet
47990
Other retail sale not in stores, stalls or markets

Officers

Mr Fahad Maqbool

secretary · Since 05/07/2020

Also on 2 other boards

Mr Fahad Maqbool

director · Since 05/07/2020

BUSINESS MAN

PAKISTANI · UNITED KINGDOM · Age 39

Also on 2 other boards

Persons with Significant Control

Mr Fahad Maqbool

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

Pakistani · United Kingdom · Age 39

275, Barlow Road, Manchester, M19 3HQ

Notified 05/07/2020

CompanyRankvs 2119+ SIC 47890 peers
46

Financial strength13th percentile among SIC peers · 3/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.43× · 20/20
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 strength3/25 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.

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 31/07/2024

Net Worth

-£8k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£12k

Current Liabilities

£5k

0avg. employees

Balance Sheet

Assets less current liabilities£7k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20242.43-£4k
20232.90-£5k
20223.34+£853
20210.95

Derived from filed accounts. Not audited figures.