fast action services limited

4.5

fast action services limited Company Information

Share FAST ACTION SERVICES LIMITED
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MatureMidLow

Company Number

03704724

Registered Address

27 hercules way, aero park, farnborough, hampshire, GU14 6UU

Industry

Cleaning services (other than disinfecting and extermination services) n.e.c.

 

Telephone

01252375614

Next Accounts Due

December 2024

Group Structure

View All

Directors

Paul Hillman25 Years

Shareholders

cleanking ltd 100%

fast action services limited Estimated Valuation

£2.6m - £4m

The estimated valuation range for fast action services limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £2.6m to £4m

fast action services limited Estimated Valuation

£2.6m - £4m

The estimated valuation range for fast action services limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £2.6m to £4m

fast action services limited Estimated Valuation

£2.6m - £4m

The estimated valuation range for fast action services limited, derived from financial data as of March 2023 and the most recent industry multiples, is between £2.6m to £4m

Get a detailed valuation report, edit figures and unlock valuation multiples.

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Fast Action Services Limited Overview

Fast Action Services Limited is a live company located in farnborough, GU14 6UU with a Companies House number of 03704724. It operates in the other cleaning services sector, SIC Code 81299. Founded in January 1999, it's largest shareholder is cleanking ltd with a 100% stake. Fast Action Services Limited is a mature, mid sized company, Pomanda has estimated its turnover at £7.8m with low growth in recent years.

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Fast Action Services Limited Health Check

Pomanda's financial health check has awarded Fast Action Services Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £7.8m, make it larger than the average company (£211.1k)

£7.8m - Fast Action Services Limited

£211.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (3.7%)

3% - Fast Action Services Limited

3.7% - Industry AVG

production

Production

with a gross margin of 29.5%, this company has a comparable cost of product (29.5%)

29.5% - Fast Action Services Limited

29.5% - Industry AVG

profitability

Profitability

an operating margin of 11.6% make it more profitable than the average company (5.4%)

11.6% - Fast Action Services Limited

5.4% - Industry AVG

employees

Employees

with 410 employees, this is above the industry average (12)

410 - Fast Action Services Limited

12 - Industry AVG

paystructure

Pay Structure

on an average salary of £13.5k, the company has an equivalent pay structure (£13.5k)

£13.5k - Fast Action Services Limited

£13.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £19k, this is less efficient (£25.4k)

£19k - Fast Action Services Limited

£25.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 48 days, this is near the average (43 days)

48 days - Fast Action Services Limited

43 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 25 days, this is slower than average (20 days)

25 days - Fast Action Services Limited

20 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 2 days, this is in line with average (2 days)

2 days - Fast Action Services Limited

2 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 17 weeks, this is less cash available to meet short term requirements (23 weeks)

17 weeks - Fast Action Services Limited

23 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 54.1%, this is a lower level of debt than the average (67.5%)

54.1% - Fast Action Services Limited

67.5% - Industry AVG

fast action services limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Fast Action Services Limited Competitor Analysis

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fast action services limited Ownership

FAST ACTION SERVICES LIMITED group structure

Fast Action Services Limited has 1 subsidiary company.

Ultimate parent company

1 parent

FAST ACTION SERVICES LIMITED

03704724

1 subsidiary

FAST ACTION SERVICES LIMITED Shareholders

cleanking ltd 100%

fast action services limited directors

Fast Action Services Limited currently has 1 director, Mr Paul Hillman serving since Feb 1999.

officercountryagestartendrole
Mr Paul HillmanEngland66 years Feb 1999- Director

FAST ACTION SERVICES LIMITED financials

EXPORTms excel logo

Fast Action Services Limited's latest turnover from March 2023 is estimated at £7.8 million and the company has net assets of £1.4 million. According to their latest financial statements, Fast Action Services Limited has 410 employees and maintains cash reserves of £512.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover7,790,8877,575,0706,110,3027,194,0416,460,5745,489,0193,792,3472,002,5101,745,9581,355,8141,586,925925,2501,656,5961,375,697
Other Income Or Grants00000000000000
Cost Of Sales5,492,4095,552,0004,379,1635,165,5224,536,7323,851,8052,413,8281,284,7641,154,050894,450998,336553,494924,631836,378
Gross Profit2,298,4792,023,0701,731,1392,028,5191,923,8421,637,2141,378,520717,746591,909461,364588,589371,755731,964539,319
Admin Expenses1,398,7722,571,6941,455,2201,762,7421,712,5131,499,0351,253,325693,935524,929463,249553,366303,138545,463155,247
Operating Profit899,707-548,624275,919265,777211,329138,179125,19523,81166,980-1,88535,22368,617186,501384,072
Interest Payable14,94828,47533,99424,22625,92731,94934,90518,401000000
Interest Receivable13,3411,88820625194129612424656245064112481
Pre-Tax Profit898,100-575,211242,131241,577185,596106,35990,3515,65367,446-1,26135,72969,028186,749384,072
Tax-170,6390-46,005-45,900-35,263-20,208-18,070-1,130-14,1640-8,575-17,947-52,290-107,540
Profit After Tax727,461-575,211196,126195,677150,33386,15172,2814,52253,282-1,26127,15451,081134,459276,532
Dividends Paid00000000000000
Retained Profit727,461-575,211196,126195,677150,33386,15172,2814,52253,282-1,26127,15451,081134,459276,532
Employee Costs5,527,6205,993,8995,940,6465,255,6804,446,3353,818,1472,701,176861,669945,251722,622892,339527,583697,789483,056
Number Of Employees41047447447838835728995867187526347
EBITDA*933,550-524,676292,915283,863233,521166,661153,47258,984124,08374,48892,87492,744213,932414,473

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets133,33984,630930,164885,478886,063903,559906,443936,122660,528656,163731,545376,954401,081409,590
Intangible Assets00006,18712,37322,49628,11935,14943,9370000
Investments & Other1,034,3171,034,3171,034,3171,034,3170000000000
Debtors (Due After 1 year)0009852,8371,90600000000
Total Fixed Assets1,167,6561,118,9471,964,4811,920,780895,087917,838928,939964,241695,677700,100731,545376,954401,081409,590
Stock & work in progress33,92339,39610,57034,51929,45131,05014,68315,22324,50000000
Trade Debtors1,039,6371,123,141774,9401,182,8081,054,167883,792638,880346,534189,566156,746171,974134,202229,720164,985
Group Debtors168,0880000000000000
Misc Debtors126,405127,379111,262167,18580,11296,444147,117113,810000000
Cash512,204115,585387,90225,08325,81925,78525,77123,40373,315112,831136,79165,62198,854262
misc current assets00000000000000
total current assets1,880,2571,405,5011,284,6741,409,5951,189,5491,037,071826,451498,970287,381269,577308,765199,823328,574165,247
total assets3,047,9132,524,4483,249,1553,330,3752,084,6361,954,9091,755,3901,463,211983,058969,6771,040,310576,777729,655574,837
Bank overdraft83,33383,333116,13671,97075,460106,399146,1050000000
Bank loan000000036,132000000
Trade Creditors 386,273162,006113,181138,284115,66692,43277,66044,232200,043188,208281,734112,741164,343141,878
Group/Directors Accounts210,544463,803453,244285,56200071,921000000
other short term finances000000048,650000000
hp & lease commitments000000016,846000000
other current liabilities876,3801,013,338742,4771,158,853778,385725,930508,789218,168000000
total current liabilities1,556,5301,722,4801,425,0381,654,669969,511924,761732,554435,949200,043188,208281,734112,741164,343141,878
loans20,833104,167540,079386,383260,491325,847404,686481,393000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities49,73918,05637,601239,0120000241,668293,404269,2501,864154,221156,327
provisions22,1248,519000000000000
total long term liabilities92,696130,742577,680625,395260,491325,847404,686481,393241,668293,404269,2501,864154,221156,327
total liabilities1,649,2261,853,2222,002,7182,280,0641,230,0021,250,6081,137,240917,342441,711481,612550,984114,605318,564298,205
net assets1,398,687671,2261,246,4371,050,311854,634704,301618,150545,869541,347488,065489,326462,172411,091276,632
total shareholders funds1,398,687671,2261,246,4371,050,311854,634704,301618,150545,869541,347488,065489,326462,172411,091276,632
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit899,707-548,624275,919265,777211,329138,179125,19523,81166,980-1,88535,22368,617186,501384,072
Depreciation33,84323,94816,99611,89916,00618,35922,65428,14332,90334,49757,65124,12727,43130,401
Amortisation0006,1876,18610,1235,6237,03024,20041,8760000
Tax-170,6390-46,005-45,900-35,263-20,208-18,070-1,130-14,1640-8,575-17,947-52,290-107,540
Stock-5,47328,826-23,9495,068-1,59916,367-540-9,27724,50000000
Debtors83,610364,318-464,776213,862154,974196,145325,653270,77832,820-15,22837,772-95,51864,735164,985
Creditors224,26748,825-25,10322,61823,23414,77233,428-155,81111,835-93,526168,993-51,60222,465141,878
Accruals and Deferred Income-136,958270,861-416,376380,46852,455217,141290,621218,168000000
Deferred Taxes & Provisions13,6058,519000000000000
Cash flow from operations785,688-589,615294,156422,119120,572165,854134,338-141,29064,434-3,810215,520118,713119,372283,826
Investing Activities
capital expenditure-82,552821,586-61,682-11,3141,490-15,4757,025-303,737-52,680-44,928-412,2420-18,922-439,991
Change in Investments0001,034,3170000000000
cash flow from investments-82,552821,586-61,682-1,045,6311,490-15,4757,025-303,737-52,680-44,928-412,2420-18,922-439,991
Financing Activities
Bank loans000000-36,13236,132000000
Group/Directors Accounts-253,25910,559167,682285,56200-71,92171,921000000
Other Short Term Loans 000000-48,65048,650000000
Long term loans-83,334-435,912153,696125,892-65,356-78,839-76,707481,393000000
Hire Purchase and Lease Commitments000000-16,84616,846000000
other long term liabilities31,683-19,545-201,411239,012000-241,668-51,73624,154267,386-152,357-2,106156,327
share issue0000000000000100
interest-1,607-26,587-33,788-24,201-25,733-31,820-34,844-18,1594656245064112481
cash flow from financing-306,517-471,48586,179626,265-91,089-110,659-285,100395,115-51,27124,778267,892-151,946-1,858156,428
cash and cash equivalents
cash396,619-272,317362,819-73634142,368-49,912-39,516-23,96071,170-33,23398,592262
overdraft0-32,80344,166-3,490-30,939-39,706146,1050000000
change in cash396,619-239,514318,6532,75430,97339,720-143,737-49,912-39,516-23,96071,170-33,23398,592262

P&L

March 2023

turnover

7.8m

+3%

operating profit

899.7k

0%

gross margin

29.6%

+10.47%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

1.4m

+1.08%

total assets

3m

+0.21%

cash

512.2k

+3.43%

net assets

Total assets minus all liabilities

fast action services limited company details

company number

03704724

Type

Private limited with Share Capital

industry

81299 - Cleaning services (other than disinfecting and extermination services) n.e.c.

incorporation date

January 1999

age

25

accounts

Total Exemption Full

ultimate parent company

previous names

N/A

incorporated

UK

address

27 hercules way, aero park, farnborough, hampshire, GU14 6UU

last accounts submitted

March 2023

fast action services 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 6 charges/mortgages relating to fast action services limited. Currently there are 6 open charges and 0 have been satisfied in the past.

charges

fast action services limited Companies House Filings - See Documents

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