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It Fast Limited

12725754

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

2 STATION HOUSE MANOR HOUSE LANE, SLOUGH, SL3 9ED
Incorporated 07/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46510
Wholesale of computers, computer peripheral equipment and software
62020
Information technology consultancy activities
95110
Repair of computers and peripheral equipment

Officers

Mr Kyle Benjamin Carey

director · Since 07/07/2020

DIRECTOR

BRITISH · ENGLAND · Age 32

Persons with Significant Control

Mr Kyle Benjamin Carey

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

British · United Kingdom · Age 32

2 Station House, Manor House Lane, Slough, SL3 9ED

Notified 07/07/2020

CompanyRankvs 1791+ SIC 46510 peers
33

Financial strength20th percentile among SIC peers · 5/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.97× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength5/25 pts

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

Employees11/15 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.

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

Going concern doubt: -10 pts

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

Going Concern Doubt

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the compan

Key FinancialsYear ending 31/12/2024

Net Worth

£1

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£689

Working capital

Current Assets

£26k

Current Liabilities

£26k

Fixed Assets

£10k

Debtors

£7k

2avg. employees

Tax at Year End(2021)

VAT£5k

Balance Sheet

Assets less current liabilities£9k
Signed by Mr K Carey,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.97
20230.55+£1k
2022-0.03-£6k
20210.39+£4k£92k
20200.11

Derived from filed accounts. Not audited figures.