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Fast Road Vehicle Solutions Ltd

12806850

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 11, BURTON-ON-TRENT, DE14 1QA
Incorporated 11/08/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

29320
Manufacture of other parts and accessories for motor vehicles
45112
Sale of used cars and light motor vehicles
45200
Maintenance and repair of motor vehicles
45320
Retail trade of motor vehicle parts and accessories

Officers

Mr Thomas Bates

director · Since 11/08/2020

MOTOR TECHNICIAN

BRITISH · UNITED KINGDOM · Age 33

Persons with Significant Control

Mr Thomas Bates

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

British · United Kingdom · Age 33

61, Sage Drive, Swadlincote, DE11 7JX

Notified 11/08/2020

Charges2 outstanding

Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 11/08/2022Registered 13/08/2022
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 11/08/2022Registered 13/08/2022

CompanyRankvs 1150+ SIC 29320 peers
31

Financial strength10th percentile among SIC peers · 3/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.6× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/08/2025

Net Worth

-£13k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£13k

Working capital

Current Assets

£19k

Current Liabilities

£32k

Fixed Assets

£1k

3avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.60-£18k
20241.30+£3k
20231.11

Derived from filed accounts. Not audited figures.