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Ik Fast Track Services Ltd

14467187

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

OFFICE 11 STUART COURT BUSINESS CENTRE, STUART COURT, BIRMINGHAM, B23 6LR
Incorporated 07/11/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
41201
Construction of commercial buildings
41202
Construction of domestic buildings
43290
Other construction installation

Officers

Mr Ikram Ullah Khan

director · Since 07/11/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 4 other boards

Persons with Significant Control

Mr Ikram Ullah Khan

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

British · United Kingdom · Age 50

Office 11, Stuart Court Business Centre, Stuart Court, Birmingham, B23 6LR

Notified 07/11/2022

CompanyRankvs 61498+ SIC 41100 peers
37

Financial strength9th percentile among SIC peers · 2/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.24× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees14/15 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.

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 30/11/2024

Net Worth

-£40k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£37k

Working capital

Current Assets

£12k

Current Liabilities

£49k

Fixed Assets

£479

5avg. employees+2

Balance Sheet

Assets less current liabilities-£37k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.24-£36k
20231.85

Derived from filed accounts. Not audited figures.