fasttrax holdings limited

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fasttrax holdings limited Company Information

Share FASTTRAX HOLDINGS LIMITED

Company Number

04331785

Shareholders

kellogg brown & root limited

Group Structure

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Industry

Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

 

Registered Address

hill park court, springfield, drive, leatherhead, surrey, KT22 7NL

fasttrax holdings limited Estimated Valuation

£8.5m

Pomanda estimates the enterprise value of FASTTRAX HOLDINGS LIMITED at £8.5m based on a Turnover of £14.6m and 0.58x industry multiple (adjusted for size and gross margin).

fasttrax holdings limited Estimated Valuation

£5.5m

Pomanda estimates the enterprise value of FASTTRAX HOLDINGS LIMITED at £5.5m based on an EBITDA of £2.3m and a 2.42x industry multiple (adjusted for size and gross margin).

fasttrax holdings limited Estimated Valuation

£4.4m

Pomanda estimates the enterprise value of FASTTRAX HOLDINGS LIMITED at £4.4m based on Net Assets of £3.3m and 1.34x industry multiple (adjusted for liquidity).

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Fasttrax Holdings Limited Overview

Fasttrax Holdings Limited is a live company located in surrey, KT22 7NL with a Companies House number of 04331785. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in November 2001, it's largest shareholder is kellogg brown & root limited with a 100% stake. Fasttrax Holdings Limited is a mature, mid sized company, Pomanda has estimated its turnover at £14.6m with declining growth in recent years.

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Fasttrax Holdings Limited Health Check

Pomanda's financial health check has awarded Fasttrax Holdings Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

5 Weak

size

Size

annual sales of £14.6m, make it smaller than the average company (£18.9m)

£14.6m - Fasttrax Holdings Limited

£18.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -19%, show it is growing at a slower rate (10.6%)

-19% - Fasttrax Holdings Limited

10.6% - Industry AVG

production

Production

with a gross margin of -6.9%, this company has a higher cost of product (36.3%)

-6.9% - Fasttrax Holdings Limited

36.3% - Industry AVG

profitability

Profitability

an operating margin of -11.2% make it less profitable than the average company (4.5%)

-11.2% - Fasttrax Holdings Limited

4.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (105)

2 - Fasttrax Holdings Limited

105 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.7k, the company has an equivalent pay structure (£44.7k)

£44.7k - Fasttrax Holdings Limited

£44.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £7.3m, this is more efficient (£191.4k)

£7.3m - Fasttrax Holdings Limited

£191.4k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Fasttrax Holdings Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Fasttrax Holdings Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Fasttrax Holdings Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 29 weeks, this is more cash available to meet short term requirements (14 weeks)

29 weeks - Fasttrax Holdings Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 49.2%, this is a lower level of debt than the average (69.6%)

49.2% - Fasttrax Holdings Limited

69.6% - Industry AVG

FASTTRAX HOLDINGS LIMITED financials

EXPORTms excel logo

Fasttrax Holdings Limited's latest turnover from December 2023 is £14.6 million and the company has net assets of £3.3 million. According to their latest financial statements, Fasttrax Holdings Limited has 2 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover14,631,00012,795,00017,350,00027,301,00023,424,00022,639,00024,166,00021,731,00021,326,00020,975,00020,693,00020,484,00018,844,00020,215,00017,721,000
Other Income Or Grants000000000000000
Cost Of Sales15,644,00014,140,00018,684,00021,734,00015,803,00015,230,00016,874,00015,063,00014,563,00014,326,00013,027,00012,084,00010,889,00012,690,00010,446,000
Gross Profit-1,013,000-1,345,000-1,334,0005,567,0007,621,0007,409,0007,292,0006,668,0006,763,0006,649,0007,666,0008,400,0007,955,0007,525,0007,275,000
Admin Expenses623,000543,000519,000516,000516,000530,000521,000521,000524,000554,0001,724,0001,689,0001,663,0001,678,0001,657,000
Operating Profit-1,636,000-1,888,000-1,853,0005,051,0007,105,0006,879,0006,771,0006,147,0006,239,0006,095,0005,942,0006,711,0006,292,0005,847,0005,618,000
Interest Payable246,000338,000510,0001,076,0001,740,0002,330,0002,752,0002,675,0002,943,0003,840,0004,582,0005,072,0006,016,0004,624,0004,718,000
Interest Receivable123,00029,000040,000100,00066,00021,00051,00054,00047,00047,00077,00085,00038,000105,000
Pre-Tax Profit-1,759,000-2,197,000-2,363,0004,015,0005,465,0004,615,0004,040,0003,523,0003,350,0002,302,0001,407,0001,716,000361,0001,261,0001,005,000
Tax445,000551,000277,000-891,000-1,025,000-780,000-705,000-711,000-676,000-471,000-351,000-521,000-186,000-361,000-298,000
Profit After Tax-1,314,000-1,646,000-2,086,0003,124,0004,440,0003,835,0003,335,0002,812,0002,674,0001,831,0001,056,0001,195,000175,000900,000707,000
Dividends Paid3,864,000865,0007,200,00000001,000,0000000000
Retained Profit-5,178,000-2,511,000-9,286,0003,124,0004,440,0003,835,0003,335,0001,812,0002,674,0001,831,0001,056,0001,195,000175,000900,000707,000
Employee Costs89,381209,3190000000000000
Number Of Employees2510818215244441331364456
EBITDA*2,285,0002,030,0002,065,0008,969,00011,023,00010,797,00010,689,00010,065,00010,157,00010,013,0009,860,00010,629,00010,210,0009,765,0009,538,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets1,960,0005,881,0009,799,00013,717,00017,635,00021,553,00025,471,00029,389,00033,307,00037,225,00041,143,00045,061,00048,979,00052,897,00056,845,000
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)526,00014,00044,00073,000103,000133,000162,000192,000221,000251,000412,000793,0001,344,0001,190,0001,551,000
Total Fixed Assets2,486,0005,895,0009,843,00013,790,00017,738,00021,686,00025,633,00029,581,00033,528,00037,476,00041,555,00045,854,00050,323,00054,087,00058,396,000
Stock & work in progress000000000000000
Trade Debtors000002,382,0004,628,0002,287,0002,952,0002,228,00000000
Group Debtors000000000000000
Misc Debtors2,332,0003,483,0002,980,0003,558,0003,343,000147,000151,000158,000153,000150,0002,040,0003,871,0001,903,0002,351,0002,399,000
Cash1,580,0002,796,0002,740,00014,663,00016,223,00015,954,00014,306,00015,354,00015,208,00015,328,00014,598,00014,453,00015,639,00014,862,00014,764,000
misc current assets00045,00000000000000
total current assets3,912,0006,279,0005,720,00018,266,00019,566,00018,483,00019,085,00017,799,00018,313,00017,706,00016,638,00018,324,00017,542,00017,213,00017,163,000
total assets6,398,00012,174,00015,563,00032,056,00037,304,00040,169,00044,718,00047,380,00051,841,00055,182,00058,193,00064,178,00067,865,00071,300,00075,559,000
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 06,00014,00010,0009,0009,00000016,00019,0002,000242,000126,000608,000
Group/Directors Accounts2,683,0002,233,0001,993,000000000000000
other short term finances0001,256,000798,0008,851,000577,000479,000475,0006,621,0006,012,0006,562,0006,229,0005,788,0005,489,000
hp & lease commitments000000000000000
other current liabilities70,000142,000116,0007,274,00011,358,0001,869,00010,697,0009,331,0009,223,0002,067,0002,271,0002,082,0002,038,0002,298,0002,432,000
total current liabilities2,753,0002,381,0002,123,0008,540,00012,165,00010,729,00011,274,0009,810,0009,698,0008,704,0008,302,0008,646,0008,509,0008,212,0008,529,000
loans394,0001,256,0001,812,0002,418,0007,000,00015,509,00023,124,00030,496,00037,459,00043,980,00049,563,00056,260,00061,279,00065,186,00070,028,000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions0108,000688,000872,0001,037,0001,269,0001,493,0001,582,0001,004,000339,00000000
total long term liabilities394,0001,364,0002,500,0003,290,0008,037,00016,778,00024,617,00032,078,00038,463,00044,319,00049,563,00056,260,00061,279,00065,186,00070,028,000
total liabilities3,147,0003,745,0004,623,00011,830,00020,202,00027,507,00035,891,00041,888,00048,161,00053,023,00057,865,00064,906,00069,788,00073,398,00078,557,000
net assets3,251,0008,429,00010,940,00020,226,00017,102,00012,662,0008,827,0005,492,0003,680,0002,159,000328,000-728,000-1,923,000-2,098,000-2,998,000
total shareholders funds3,251,0008,429,00010,940,00020,226,00017,102,00012,662,0008,827,0005,492,0003,680,0002,159,000328,000-728,000-1,923,000-2,098,000-2,998,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-1,636,000-1,888,000-1,853,0005,051,0007,105,0006,879,0006,771,0006,147,0006,239,0006,095,0005,942,0006,711,0006,292,0005,847,0005,618,000
Depreciation3,921,0003,918,0003,918,0003,918,0003,918,0003,918,0003,918,0003,918,0003,918,0003,918,0003,918,0003,918,0003,918,0003,918,0003,920,000
Amortisation000000000000000
Tax445,000551,000277,000-891,000-1,025,000-780,000-705,000-711,000-676,000-471,000-351,000-521,000-186,000-361,000-298,000
Stock000000000000000
Debtors-639,000473,000-607,000185,000784,000-2,279,0002,304,000-689,000697,000177,000-2,212,0001,417,000-294,000-409,0003,950,000
Creditors-6,000-8,0004,0001,00009,00000-16,000-3,00017,000-240,000116,000-482,000608,000
Accruals and Deferred Income-72,00026,000-7,158,000-4,084,0009,489,000-8,828,0001,366,000108,0007,156,000-204,000189,00044,000-260,000-134,0002,432,000
Deferred Taxes & Provisions-108,000-580,000-184,000-165,000-232,000-224,000-89,000578,000665,000339,00000000
Cash flow from operations3,183,0001,546,000-4,389,0003,645,00018,471,0003,253,0008,957,00010,729,00016,589,0009,497,00011,927,0008,495,00010,174,0009,197,0008,330,000
Investing Activities
capital expenditure000000000000000
Change in Investments000000000000000
cash flow from investments000000000000000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts450,000240,0001,993,000000000000000
Other Short Term Loans 00-1,256,000458,000-8,053,0008,274,00098,0004,000-6,146,000609,000-550,000333,000441,000299,0005,489,000
Long term loans-862,000-556,000-606,000-4,582,000-8,509,000-7,615,000-7,372,000-6,963,000-6,521,000-5,583,000-6,697,000-5,019,000-3,907,000-4,842,00070,028,000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue00000000-1,153,00000000-3,705,000
interest-123,000-309,000-510,000-1,036,000-1,640,000-2,264,000-2,731,000-2,624,000-2,889,000-3,793,000-4,535,000-4,995,000-5,931,000-4,586,000-4,613,000
cash flow from financing-535,000-625,000-379,000-5,160,000-18,202,000-1,605,000-10,005,000-9,583,000-16,709,000-8,767,000-11,782,000-9,681,000-9,397,000-9,129,00067,199,000
cash and cash equivalents
cash-1,216,00056,000-11,923,000-1,560,000269,0001,648,000-1,048,000146,000-120,000730,000145,000-1,186,000777,00098,00014,764,000
overdraft000000000000000
change in cash-1,216,00056,000-11,923,000-1,560,000269,0001,648,000-1,048,000146,000-120,000730,000145,000-1,186,000777,00098,00014,764,000

fasttrax holdings 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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Fasttrax Holdings Limited Competitor Analysis

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Perform a competitor analysis for fasttrax holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in KT22 area or any other competitors across 12 key performance metrics.

fasttrax holdings limited Ownership

FASTTRAX HOLDINGS LIMITED group structure

Fasttrax Holdings Limited has 1 subsidiary company.

Ultimate parent company

KBR INC

#0063227

2 parents

FASTTRAX HOLDINGS LIMITED

04331785

1 subsidiary

FASTTRAX HOLDINGS LIMITED Shareholders

kellogg brown & root limited 100%

fasttrax holdings limited directors

Fasttrax Holdings Limited currently has 4 directors. The longest serving directors include Mr James Barrett (Nov 2019) and Mr Andrew Goodwin (Aug 2020).

officercountryagestartendrole
Mr James Barrett59 years Nov 2019- Director
Mr Andrew GoodwinUnited Kingdom40 years Aug 2020- Director
Mr Peter MeffanUnited Kingdom61 years Nov 2021- Director
Mr Barry Donohoe52 years Jan 2025- Director

P&L

December 2023

turnover

14.6m

+14%

operating profit

-1.6m

-13%

gross margin

-6.9%

-34.14%

turnover

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

Balance Sheet

December 2023

net assets

3.3m

-0.61%

total assets

6.4m

-0.47%

cash

1.6m

-0.43%

net assets

Total assets minus all liabilities

fasttrax holdings limited company details

company number

04331785

Type

Private limited with Share Capital

industry

64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

incorporation date

November 2001

age

24

incorporated

UK

ultimate parent company

KBR INC

accounts

Group

last accounts submitted

December 2023

previous names

N/A

accountant

-

auditor

GRANT THORNTON

address

hill park court, springfield, drive, leatherhead, surrey, KT22 7NL

Bank

-

Legal Advisor

-

fasttrax holdings 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 1 charges/mortgages relating to fasttrax holdings limited. Currently there are 1 open charges and 0 have been satisfied in the past.

fasttrax holdings 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.

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fasttrax holdings limited Companies House Filings - See Documents

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