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Fast 1 Waste Recycling Ltd

13054187

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

205 HASELBURY ROAD, LONDON, N9 9TT
Incorporated 01/12/2020

Compliance

Last accounts

30/11/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 30/11/2025

Due 14/12/2026

On track

Industry

38110
Collection of non-hazardous waste
38210
Treatment and disposal of non-hazardous waste

Officers

Mr Aleksandar Hristov Yosifov

director · Since 01/12/2020

DIRECTOR

BULGARIAN · ENGLAND · Age 35

Persons with Significant Control

Mr Aleksandar Hristov Yosifov

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

Bulgarian · England · Age 35

106, Chalfont Road, London, N9 9NA

Notified 01/12/2020

CompanyRankvs 3110+ SIC 38110 peers
37

Financial strength11th percentile among SIC peers · 3/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.15× · 2/20
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.

Employees11/15 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.

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

Key FinancialsYear ending 30/11/2024

Turnover

£64k

Annual revenue

Net Worth

-£9k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£37k

Working capital

Current Assets

£6k

Current Liabilities

£43k

Fixed Assets

£28k

Profit After Tax

-£9k

3avg. employees-3

Balance Sheet

Depreciation£6k
Assets less current liabilities-£9k
Signed by 1.12.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20240.15-£11k
20230.34-£11k
20220.63+£8k
20212.24

Derived from filed accounts. Not audited figures.