
Company Number
02865689
Next Accounts
67 days late
Shareholders
pinnacle document solutions ltd
Group Structure
View All
Industry
Other information technology and computer service activities
Registered Address
vision court caxton place, cardiff, south glamorgan, CF23 8HA
Pomanda estimates the enterprise value of FAST TECHNOLOGY (LONDON) LTD at £87.5k based on a Turnover of £170.1k and 0.51x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of FAST TECHNOLOGY (LONDON) LTD at £486.3k based on an EBITDA of £146.8k and a 3.31x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of FAST TECHNOLOGY (LONDON) LTD at £2m based on Net Assets of £933.9k and 2.17x industry multiple (adjusted for liquidity).
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Fast Technology (london) Ltd is a live company located in south glamorgan, CF23 8HA with a Companies House number of 02865689. It operates in the other information technology service activities sector, SIC Code 62090. Founded in October 1993, it's largest shareholder is pinnacle document solutions ltd with a 100% stake. Fast Technology (london) Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £170.1k with healthy growth in recent years.
Pomanda's financial health check has awarded Fast Technology (London) Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £170.1k, make it smaller than the average company (£6.7m)
- Fast Technology (london) Ltd
£6.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (6.7%)
- Fast Technology (london) Ltd
6.7% - Industry AVG
Production
with a gross margin of 25.7%, this company has a higher cost of product (50.2%)
- Fast Technology (london) Ltd
50.2% - Industry AVG
Profitability
an operating margin of 86.3% make it more profitable than the average company (3.4%)
- Fast Technology (london) Ltd
3.4% - Industry AVG
Employees
with 4 employees, this is below the industry average (41)
4 - Fast Technology (london) Ltd
41 - Industry AVG
Pay Structure
on an average salary of £70.8k, the company has an equivalent pay structure (£70.8k)
- Fast Technology (london) Ltd
£70.8k - Industry AVG
Efficiency
resulting in sales per employee of £42.5k, this is less efficient (£172.8k)
- Fast Technology (london) Ltd
£172.8k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is earlier than average (54 days)
- Fast Technology (london) Ltd
54 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Fast Technology (london) Ltd
- - Industry AVG
Stock Days
it holds stock equivalent to 13 days, this is less than average (16 days)
- Fast Technology (london) Ltd
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (15 weeks)
7 weeks - Fast Technology (london) Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.4%, this is a lower level of debt than the average (63.1%)
33.4% - Fast Technology (london) Ltd
63.1% - Industry AVG
Fast Technology (London) Ltd's latest turnover from May 2023 is estimated at £170.1 thousand and the company has net assets of £933.9 thousand. According to their latest financial statements, Fast Technology (London) Ltd has 4 employees and maintains cash reserves of £64 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
May 2023 | May 2022 | May 2021 | May 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | ||||||||||||||
Interest Receivable | ||||||||||||||
Pre-Tax Profit | ||||||||||||||
Tax | ||||||||||||||
Profit After Tax | ||||||||||||||
Dividends Paid | ||||||||||||||
Retained Profit | ||||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 4 | 4 | 1 | 1 | 1 | 1 | 2 | 6 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2023 | May 2022 | May 2021 | May 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 726 | 1,376 | 1,976 | 2,661 | 3,252 | 1,362 | 1,520 | 1,730 | 2,235 | 2,508 | 2,842 | |||
Intangible Assets | ||||||||||||||
Investments & Other | ||||||||||||||
Debtors (Due After 1 year) | ||||||||||||||
Total Fixed Assets | 726 | 1,376 | 1,976 | 2,661 | 3,252 | 1,362 | 1,520 | 1,730 | 2,235 | 2,508 | 2,842 | |||
Stock & work in progress | 4,500 | 2,700 | 2,700 | 2,700 | 3,750 | 6,401 | 543 | 1 | 1,834 | 1,780 | 30,837 | |||
Trade Debtors | 12,329 | 70,553 | 44,026 | 43,645 | 107,501 | 121,094 | 273,261 | 231,256 | 306,071 | 237,132 | 207,318 | 212,931 | 195,591 | 171,856 |
Group Debtors | 1,221,434 | 798,084 | 670,250 | 646,271 | 407,419 | 652,807 | 267,297 | 425,838 | ||||||
Misc Debtors | 13,840 | 15,857 | 9,430 | 8,335 | 8,791 | 9,917 | 1,014 | 2,018 | ||||||
Cash | 63,967 | 66,560 | 117,495 | 63,849 | 74,423 | 6,391 | 77,331 | 49,263 | 463,755 | 430,618 | 493,682 | 317,353 | 245,507 | 129,006 |
misc current assets | 85,376 | |||||||||||||
total current assets | 1,401,446 | 953,754 | 843,901 | 764,800 | 601,884 | 796,610 | 618,903 | 708,918 | 769,826 | 667,750 | 701,001 | 532,118 | 442,878 | 331,699 |
total assets | 1,401,446 | 953,754 | 843,901 | 765,526 | 603,260 | 798,586 | 621,564 | 712,170 | 771,188 | 669,270 | 702,731 | 534,353 | 445,386 | 334,541 |
Bank overdraft | ||||||||||||||
Bank loan | ||||||||||||||
Trade Creditors | 26,937 | 34,273 | 41,539 | 55,700 | 193,386 | 186,576 | 189,846 | 258,678 | 254,714 | 449,573 | 305,215 | 221,136 | 131,499 | |
Group/Directors Accounts | 154,396 | 9,693 | 135,000 | 31,970 | ||||||||||
other short term finances | ||||||||||||||
hp & lease commitments | ||||||||||||||
other current liabilities | 313,156 | 105,247 | 108,530 | 120,111 | 150,418 | 155,565 | 180,287 | 131,764 | ||||||
total current liabilities | 467,552 | 132,184 | 152,496 | 161,650 | 206,118 | 483,951 | 398,833 | 321,610 | 258,678 | 254,714 | 449,573 | 305,215 | 221,136 | 131,499 |
loans | ||||||||||||||
hp & lease commitments | ||||||||||||||
Accruals and Deferred Income | ||||||||||||||
other liabilities | ||||||||||||||
provisions | ||||||||||||||
total long term liabilities | ||||||||||||||
total liabilities | 467,552 | 132,184 | 152,496 | 161,650 | 206,118 | 483,951 | 398,833 | 321,610 | 258,678 | 254,714 | 449,573 | 305,215 | 221,136 | 131,499 |
net assets | 933,894 | 821,570 | 691,405 | 603,876 | 397,142 | 314,635 | 222,731 | 390,560 | 512,510 | 414,556 | 253,158 | 229,138 | 224,250 | 203,042 |
total shareholders funds | 933,894 | 821,570 | 691,405 | 603,876 | 397,142 | 314,635 | 222,731 | 390,560 | 512,510 | 414,556 | 253,158 | 229,138 | 224,250 | 203,042 |
May 2023 | May 2022 | May 2021 | May 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 2,279 | 600 | 685 | 591 | 172 | 158 | 710 | 505 | 273 | 334 | 407 | |||
Amortisation | ||||||||||||||
Tax | ||||||||||||||
Stock | 1,800 | -1,050 | -2,651 | 6,401 | -543 | 543 | -1 | -1,833 | 54 | -29,057 | 30,837 | |||
Debtors | 363,109 | 160,788 | 25,455 | 174,540 | -260,107 | 242,246 | -117,540 | 353,041 | 68,939 | 29,814 | -5,613 | 17,340 | 23,735 | 171,856 |
Creditors | -26,937 | -7,336 | -7,266 | -14,161 | -137,686 | 6,810 | -3,270 | -68,832 | 3,964 | -194,859 | 144,358 | 84,079 | 89,637 | 131,499 |
Accruals and Deferred Income | 207,909 | -3,283 | -11,581 | -30,307 | -5,147 | -24,722 | 48,523 | 131,764 | ||||||
Deferred Taxes & Provisions | ||||||||||||||
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | ||||||||||||||
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | ||||||||||||||
Group/Directors Accounts | 154,396 | -9,693 | 9,693 | -135,000 | 103,030 | 31,970 | ||||||||
Other Short Term Loans | ||||||||||||||
Long term loans | ||||||||||||||
Hire Purchase and Lease Commitments | ||||||||||||||
other long term liabilities | ||||||||||||||
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | -2,593 | -50,935 | 53,646 | -10,574 | 68,032 | -70,940 | 28,068 | -414,492 | 33,137 | -63,064 | 176,329 | 71,846 | 116,501 | 129,006 |
overdraft | ||||||||||||||
change in cash | -2,593 | -50,935 | 53,646 | -10,574 | 68,032 | -70,940 | 28,068 | -414,492 | 33,137 | -63,064 | 176,329 | 71,846 | 116,501 | 129,006 |
Perform a competitor analysis for fast technology (london) ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in CF23 area or any other competitors across 12 key performance metrics.
FAST TECHNOLOGY (LONDON) LTD group structure
Fast Technology (London) Ltd has no subsidiary companies.
Ultimate parent company
2 parents
FAST TECHNOLOGY (LONDON) LTD
02865689
Fast Technology (London) Ltd currently has 3 directors. The longest serving directors include Mr Clive Hamilton (Jan 2016) and Mrs Sharon Yavuz (Mar 2020).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Clive Hamilton | 60 years | Jan 2016 | - | Director | |
Mrs Sharon Yavuz | England | 58 years | Mar 2020 | - | Director |
Mrs Michelle Norris | England | 53 years | Sep 2023 | - | Director |
P&L
May 2023turnover
170.1k
-33%
operating profit
146.8k
0%
gross margin
25.8%
-1.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
933.9k
+0.14%
total assets
1.4m
+0.47%
cash
64k
-0.04%
net assets
Total assets minus all liabilities
company number
02865689
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
October 1993
age
32
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
May 2023
previous names
fast technology (services) limited (April 1999)
accountant
-
auditor
-
address
vision court caxton place, cardiff, south glamorgan, CF23 8HA
Bank
-
Legal Advisor
-
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 6 charges/mortgages relating to fast technology (london) ltd. Currently there are 2 open charges and 4 have been satisfied in the past.
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for FAST TECHNOLOGY (LONDON) LTD. This can take several minutes, an email will notify you when this has completed.
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