Back to search

Faster Automotive Ltd

15789934

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

C/O M J CROCKER & ASSOCIATES, BOURNEMOUTH, BH4 9DW
Incorporated 20/06/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Riccardo Octavius Senior

director · Since 20/06/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 2 other boards

Mr Alan Geoffrey Shea

director · Since 20/06/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 7 other boards

Persons with Significant Control

Living Life Fast Ltd

50–75% shares
50–75% votes

28 Paget Road, Slough, SL3 7QW

Reg: 11799126 · United Kingdom · Private Company Limited By Shares

Notified 20/06/2024

Hub 7 Limited

50–75% shares
50–75% votes

C/O M J Crocker & Associates, Tayfield House, Dorset Bh4 9dw, BH4 9DW

Reg: 08521306 · United Kingdom · Private Company Limited By Shares

Notified 20/06/2024

CompanyRankvs 23488+ SIC 45112 peers
25

Financial strength16th percentile among SIC peers · 4/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Wilsons Automobiles And Coachworks Limited
90
2J.P. Arthur & Sons Limited
90
3Gumbrell'S Motors Limited
90
4Brunswick Garage Limited
90
5Leeson'S Garage Limited
90
6Platts Motor Company Limited
90
7D.G. Weaver Limited
90
8Ben Smith & Sons(Wantage)Limited
90
9Holders Of Congresbury Limited
90
10Westridge Garage (Ryde) Limited
90
23488Faster Automotive Ltd
25
How is this score calculated?
Financial strength4/25 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.

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.

Longevity2/15 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 30/06/2025

Net Worth

-£4k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£14k

Working capital

Current Assets

£7k

Current Liabilities

£21k

Fixed Assets

£11k

0avg. employees

Balance Sheet

Assets less current liabilities-£3k

EstimatesDerived

YearCurrent RatioImplied Profit
20250.33+£0
20250.33—

Derived from filed accounts. Not audited figures.