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Faast Solutions Ltd

14820702

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

12 BEECHCROFT CLOSE, ASCOT, SL5 7DB
Incorporated 22/04/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
62090
Other information technology service activities
63110
Data processing, hosting and related activities
70229
Management consultancy activities

Officers

Mr David Alexandre Obadia

director · Since 22/04/2023

DIRECTOR

ENGLISH · ENGLAND · Age 51

Also on 1 other board

Persons with Significant Control

David Alexandre Obadia

25–50% shares
50–75% votes
Appoint directors

British · England · Age 51

12, Beechcroft Close, Ascot, SL5 7DB

Notified 22/04/2023

Former PSCs

Mikael Hans Lindmark

Ceased 08/05/2025

CompanyRankvs 89503+ SIC 62020 peers
35

Financial strength4th percentile among SIC peers · 1/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.42× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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89503Faast Solutions Ltd
35
How is this score calculated?
Financial strength1/25 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.

Longevity3/15 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 30/04/2025

Net Worth

-£28k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£29k

Working capital

Current Assets

£21k

Current Liabilities

£50k

Fixed Assets

£2k

3avg. employees
Signed by 14820702 2024-05-01 2025-04-30 14820702 2025-04-30 14820702 core:CurrentFinancialInstruments core:WithinOneYear 2025-04-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.42-£18k
20240.87—

Derived from filed accounts. Not audited figures.