fast mdx limited
fast mdx limited Company Information
Company Number
02959160
Next Accounts
Jun 2025
Industry
Research and experimental development on biotechnology
Shareholders
r.a. lewis
kenneth mcgrigor
View AllGroup Structure
View All
Contact
Registered Address
65 bideford avenue, perivale, greenford, middlesex, UB6 7PP
Website
www.bjsco.comfast mdx limited Estimated Valuation
Pomanda estimates the enterprise value of FAST MDX LIMITED at £1.3m based on a Turnover of £892.6k and 1.46x industry multiple (adjusted for size and gross margin).
fast mdx limited Estimated Valuation
Pomanda estimates the enterprise value of FAST MDX LIMITED at £0 based on an EBITDA of £-881.1k and a 5.17x industry multiple (adjusted for size and gross margin).
fast mdx limited Estimated Valuation
Pomanda estimates the enterprise value of FAST MDX LIMITED at £0 based on Net Assets of £-800.7k and 1.89x industry multiple (adjusted for liquidity).
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Fast Mdx Limited Overview
Fast Mdx Limited is a live company located in greenford, UB6 7PP with a Companies House number of 02959160. It operates in the research and experimental development on biotechnology sector, SIC Code 72110. Founded in August 1994, it's largest shareholder is r.a. lewis with a 69.2% stake. Fast Mdx Limited is a mature, small sized company, Pomanda has estimated its turnover at £892.6k with healthy growth in recent years.
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Fast Mdx Limited Health Check
Pomanda's financial health check has awarded Fast Mdx Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
8 Weak
Size
annual sales of £892.6k, make it smaller than the average company (£3.3m)
- Fast Mdx Limited
£3.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (11.9%)
- Fast Mdx Limited
11.9% - Industry AVG
Production
with a gross margin of 54.2%, this company has a comparable cost of product (54.2%)
- Fast Mdx Limited
54.2% - Industry AVG
Profitability
an operating margin of -99.2% make it less profitable than the average company (-2.2%)
- Fast Mdx Limited
-2.2% - Industry AVG
Employees
with 10 employees, this is below the industry average (43)
10 - Fast Mdx Limited
43 - Industry AVG
Pay Structure
on an average salary of £75.3k, the company has an equivalent pay structure (£75.3k)
- Fast Mdx Limited
£75.3k - Industry AVG
Efficiency
resulting in sales per employee of £89.3k, this is less efficient (£126.3k)
- Fast Mdx Limited
£126.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Fast Mdx Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is quicker than average (62 days)
- Fast Mdx Limited
62 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fast Mdx Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (32 weeks)
11 weeks - Fast Mdx Limited
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 209.8%, this is a higher level of debt than the average (52.9%)
209.8% - Fast Mdx Limited
52.9% - Industry AVG
FAST MDX LIMITED financials
Fast Mdx Limited's latest turnover from September 2023 is estimated at £892.6 thousand and the company has net assets of -£800.7 thousand. According to their latest financial statements, Fast Mdx Limited has 10 employees and maintains cash reserves of £331.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Dec 2010 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 10 | 10 | 10 | 10 | 9 | 10 | 10 | 10 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Dec 2010 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,761 | 3,333 | 7,333 | 13,333 | 17,333 | 1,651 | 3,563 | 2,524 | 4,591 | 7,138 | 44,588 | 65,402 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 201,761 | 203,333 | 207,333 | 213,333 | 217,333 | 201,651 | 203,563 | 202,524 | 204,591 | 207,138 | 44,588 | 65,402 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 14,310 | 50,004 | 180,678 | 323,536 | 35,738 | 53,168 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 196,588 | 335,243 | 52,740 | 89,095 | 176,273 | 85,627 | 86,186 | 120,856 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 331,062 | 507,393 | 5,000 | 5,077 | 5,598 | 5,529 | 5,486 | 12,287 | 4,329 | 39 | 103,671 | 4,390 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 527,650 | 842,636 | 57,740 | 94,172 | 181,871 | 91,156 | 105,982 | 183,147 | 185,007 | 323,575 | 139,409 | 57,558 | 0 | 0 | 0 |
| total assets | 729,411 | 1,045,969 | 265,073 | 307,505 | 399,204 | 292,807 | 309,545 | 385,671 | 389,598 | 530,713 | 183,997 | 122,960 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 35,409 | 36,118 | 1,939 | 14,645 | 9,760 | 26,720 | 42,719 | 31,300 | 3,469,836 | 3,090,377 | 1,746,423 | 1,046,984 | 0 | 0 | 0 |
| Group/Directors Accounts | 410,996 | 530,535 | 516,034 | 5,446,976 | 5,158,098 | 4,643,341 | 4,115,118 | 3,632,591 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 1,059,208 | 1,025,970 | 999,456 | 962,896 | 940,231 | 476,428 | 447,350 | 420,047 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 24,510 | 23,678 | 11,268 | 18,920 | 10,954 | 50,891 | 16,685 | 17,723 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,530,123 | 1,616,301 | 1,528,697 | 6,443,437 | 6,119,043 | 5,197,380 | 4,621,872 | 4,101,661 | 3,469,836 | 3,090,377 | 1,746,423 | 1,046,984 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 442,521 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 421,616 | 401,987 | 383,556 | 250,000 | 250,000 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 442,521 | 421,616 | 401,987 | 383,556 | 250,000 | 250,000 | 0 | 0 | 0 | 0 |
| total liabilities | 1,530,123 | 1,616,301 | 1,528,697 | 6,443,437 | 6,119,043 | 5,639,901 | 5,043,488 | 4,503,648 | 3,853,392 | 3,340,377 | 1,996,423 | 1,046,984 | 0 | 0 | 0 |
| net assets | -800,712 | -570,332 | -1,263,624 | -6,135,932 | -5,719,839 | -5,347,094 | -4,733,943 | -4,117,977 | -3,463,794 | -2,809,664 | -1,812,426 | -924,024 | 0 | 0 | 0 |
| total shareholders funds | -800,712 | -570,332 | -1,263,624 | -6,135,932 | -5,719,839 | -5,347,094 | -4,733,943 | -4,117,977 | -3,463,794 | -2,809,664 | -1,812,426 | -924,024 | 0 | 0 | 0 |
| Sep 2023 | Sep 2022 | Sep 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Dec 2010 | Aug 2010 | Aug 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 4,040 | 4,000 | 6,000 | 4,000 | 4,318 | 1,912 | 3,911 | 2,854 | 8,537 | 39,238 | 32,695 | 32,695 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -138,655 | 282,503 | -36,355 | -87,178 | 90,646 | -14,869 | -70,364 | -9,818 | -142,858 | 287,798 | -17,430 | 53,168 | 0 | 0 | 0 |
| Creditors | -709 | 34,179 | -12,706 | 4,885 | -16,960 | -15,999 | 11,419 | -3,438,536 | 379,459 | 1,343,954 | 699,439 | 1,046,984 | 0 | 0 | 0 |
| Accruals and Deferred Income | 832 | 12,410 | -7,652 | 7,966 | -39,937 | 34,206 | -1,038 | 17,723 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 200,000 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -119,539 | 14,501 | -4,930,942 | 288,878 | 514,757 | 528,223 | 482,527 | 3,632,591 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 33,238 | 26,514 | 36,560 | 22,665 | 463,803 | 29,078 | 27,303 | 420,047 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | -442,521 | 442,521 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -421,616 | 19,629 | 18,431 | 133,556 | 0 | 250,000 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -176,331 | 502,393 | -77 | -521 | 69 | 43 | -6,801 | 7,958 | 4,290 | -103,632 | 99,281 | 4,390 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -176,331 | 502,393 | -77 | -521 | 69 | 43 | -6,801 | 7,958 | 4,290 | -103,632 | 99,281 | 4,390 | 0 | 0 | 0 |
fast mdx limited Credit Report and Business Information
Fast Mdx Limited Competitor Analysis
Perform a competitor analysis for fast mdx limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in UB6 area or any other competitors across 12 key performance metrics.
fast mdx limited Ownership
FAST MDX LIMITED group structure
Fast Mdx Limited has 2 subsidiary companies.
Ultimate parent company
FAST MDX LIMITED
02959160
2 subsidiaries
fast mdx limited directors
Fast Mdx Limited currently has 7 directors. The longest serving directors include Mr Richard Lewis (Aug 1994) and Mr Richard Lewis (Aug 1994).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard Lewis | 64 years | Aug 1994 | - | Director | |
| Mr Richard Lewis | 64 years | Aug 1994 | - | Director | |
| Mr Michael Cutts | 79 years | Aug 2014 | - | Director | |
| Mrs Stacey Lewis | 62 years | Oct 2021 | - | Director | |
| Mr Kenneth McGrigor | 61 years | Apr 2022 | - | Director | |
| Mr Kenneth McGrigor | England | 61 years | Apr 2022 | - | Director |
| Mr Neil McGrigor | United Kingdom | 63 years | Apr 2022 | - | Director |
P&L
September 2023turnover
892.6k
-1%
operating profit
-885.1k
0%
gross margin
54.2%
+1.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-800.7k
+0.4%
total assets
729.4k
-0.3%
cash
331.1k
-0.35%
net assets
Total assets minus all liabilities
fast mdx limited company details
company number
02959160
Type
Private limited with Share Capital
industry
72110 - Research and experimental development on biotechnology
incorporation date
August 1994
age
30
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
bjs biotechnologies limited (May 2022)
agile technologies limited (December 2002)
accountant
-
auditor
-
address
65 bideford avenue, perivale, greenford, middlesex, UB6 7PP
Bank
-
Legal Advisor
-
fast mdx limited Charges & Mortgages
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 3 charges/mortgages relating to fast mdx limited. Currently there are 1 open charges and 2 have been satisfied in the past.
fast mdx limited Capital Raised & Share Issues BETA
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 MDX LIMITED. This can take several minutes, an email will notify you when this has completed.
fast mdx limited Companies House Filings - See Documents
| date | description | view/download |
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