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Fastway Transport Ltd

14209652

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

34 PERSHORE AVENUE, GRIMSBY, DN34 5PU
Incorporated 01/07/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49320
Taxi operation

Officers

Mr Muhammad Shahid

director · Since 01/07/2022

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 4 other boards

Persons with Significant Control

Mr Muhammad Shahid

75–100% shares
75–100% votes

British · England · Age 41

34, Pershore Avenue, Grimsby, DN34 5PU

Notified 01/07/2022

Former PSCs

Mr Husnain Javaid

Ceased 14/07/2023

Mr Yamin Butt

Ceased 28/06/2023

CompanyRankvs 9750+ SIC 49320 peers
38

Financial strength44th percentile among SIC peers · 11/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.97× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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9750Fastway Transport Ltd
33
How is this score calculated?
Financial strength11/25 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.

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.

Longevity4/15 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 31/07/2025

Net Worth

£342

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£231

Working capital

Current Assets

£7k

Current Liabilities

£7k

Fixed Assets

£813

0avg. employees

Balance Sheet

Assets less current liabilities£582
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.97—
20240.90-£95

Derived from filed accounts. Not audited figures.