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Fastbiz Ltd

15128313

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)
  • Going concern doubt noted in accounts (-10)

Details

29 TOWNSEND WAY, NORTHWOOD, HA6 1TG
Incorporated 10/09/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes
56103
Take-away food shops and mobile food stands
56290
Other food service activities

Officers

Mr Jigarkumar Arvindbhai Patel

director · Since 10/09/2023

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 4 other boards

Mr Pranavkumar Nitinbhai Bhatt

director · Since 01/05/2025

COMPANY DIRECTOR

INDIAN · ENGLAND · Age 43

Persons with Significant Control

Mr Jigarkumar Arvindbhai Patel

Appoint directors

British · England · Age 46

29, Townsend Way, Northwood, HA6 1TG

Notified 10/09/2023

Mr Pranavkumar Nitinbhai Bhatt

Appoint directors

Indian · England · Age 43

28, Macdonald Road, London, N11 3JB

Notified 12/05/2024

Mr Manmohan Singh Chohan

Appoint directors

British · England · Age 53

11, Convent Close, Hitchin, SG5 1QN

Notified 12/05/2024

Mr Vishal Kachiwala

Appoint directors

British · United Kingdom · Age 50

2 The Old Walled Garden, Coreys Mill Lane, Stevenage, SG1 4TN

Notified 12/05/2024

CompanyRankvs 25255+ SIC 56102 peers
16

Financial strength8th percentile among SIC peers · 2/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.13× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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25255Fastbiz Ltd
25
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.

Employees4/15 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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going conc

Key FinancialsYear ending 30/09/2025

Net Worth

-£59k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£116k

Working capital

Current Assets

£17k

Current Liabilities

£133k

Fixed Assets

£57k

Debtors

£4k

1avg. employees

Balance Sheet

Intangible assets£54k
Assets less current liabilities-£59k
Signed by Mr Pranavkumar Nitinbhai Bhatt Mr Jigarkumar Arvindbhai Patel 10th June 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.13-£41k
20240.22—

Derived from filed accounts. Not audited figures.