fastnet strategies ltd
fastnet strategies ltd Company Information
Company Number
05818414
Next Accounts
Feb 2026
Shareholders
philip padfield
tara padfield
Group Structure
View All
Industry
Computer consultancy activities
Registered Address
suite 1 aireside house, royd ings avenue, keighley, west yorkshire, BD214BZ
Website
fastnetstrategies.comfastnet strategies ltd Estimated Valuation
Pomanda estimates the enterprise value of FASTNET STRATEGIES LTD at £87.9k based on a Turnover of £174.9k and 0.5x industry multiple (adjusted for size and gross margin).
fastnet strategies ltd Estimated Valuation
Pomanda estimates the enterprise value of FASTNET STRATEGIES LTD at £0 based on an EBITDA of £-82.7k and a 3.54x industry multiple (adjusted for size and gross margin).
fastnet strategies ltd Estimated Valuation
Pomanda estimates the enterprise value of FASTNET STRATEGIES LTD at £799.7k based on Net Assets of £349.8k and 2.29x industry multiple (adjusted for liquidity).
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Fastnet Strategies Ltd Overview
Fastnet Strategies Ltd is a live company located in keighley, BD214BZ with a Companies House number of 05818414. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in May 2006, it's largest shareholder is philip padfield with a 51.4% stake. Fastnet Strategies Ltd is a established, micro sized company, Pomanda has estimated its turnover at £174.9k with declining growth in recent years.
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Fastnet Strategies Ltd Health Check
Pomanda's financial health check has awarded Fastnet Strategies Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £174.9k, make it smaller than the average company (£1.3m)
- Fastnet Strategies Ltd
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (10.3%)
- Fastnet Strategies Ltd
10.3% - Industry AVG
Production
with a gross margin of 24.7%, this company has a higher cost of product (46%)
- Fastnet Strategies Ltd
46% - Industry AVG
Profitability
an operating margin of -47.3% make it less profitable than the average company (5.7%)
- Fastnet Strategies Ltd
5.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (10)
2 - Fastnet Strategies Ltd
10 - Industry AVG
Pay Structure
on an average salary of £60.3k, the company has an equivalent pay structure (£60.3k)
- Fastnet Strategies Ltd
£60.3k - Industry AVG
Efficiency
resulting in sales per employee of £87.4k, this is less efficient (£129.2k)
- Fastnet Strategies Ltd
£129.2k - Industry AVG
Debtor Days
it gets paid by customers after 129 days, this is later than average (60 days)
- Fastnet Strategies Ltd
60 days - Industry AVG
Creditor Days
its suppliers are paid after 151 days, this is slower than average (27 days)
- Fastnet Strategies Ltd
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fastnet Strategies Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Fastnet Strategies Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 13.5%, this is a lower level of debt than the average (56.2%)
13.5% - Fastnet Strategies Ltd
56.2% - Industry AVG
FASTNET STRATEGIES LTD financials
Fastnet Strategies Ltd's latest turnover from May 2024 is estimated at £174.9 thousand and the company has net assets of £349.8 thousand. According to their latest financial statements, Fastnet Strategies Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 40,063 | 5,682 | 17,500 | 218,500 | |||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 379 | 37,556 | |||||||||||||
| Gross Profit | 39,684 | 5,682 | 180,944 | ||||||||||||
| Admin Expenses | 8,440 | 9,566 | 62,644 | ||||||||||||
| Operating Profit | 31,244 | -3,884 | 8,370 | 118,300 | |||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | 7 | ||||||||||||||
| Pre-Tax Profit | 31,251 | -3,884 | 8,370 | 118,300 | |||||||||||
| Tax | -6,252 | 775 | -1,684 | -24,655 | |||||||||||
| Profit After Tax | 24,999 | -3,109 | 6,686 | 93,645 | |||||||||||
| Dividends Paid | 9,215 | 9,385 | 9,950 | 70,269 | |||||||||||
| Retained Profit | 15,784 | -12,494 | -3,264 | 23,376 | |||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 2 | 2 | 2 | 1 | |||||||||||
| EBITDA* | 31,488 | -3,558 | 8,805 | 118,880 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 342,274 | 403,183 | 512,090 | 3,975 | 1,864 | 2,484 | 3,311 | 171 | 228 | 303 | 735 | 979 | 1,305 | 1,740 | 2,320 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 342,274 | 403,183 | 512,090 | 3,975 | 1,864 | 2,484 | 3,311 | 171 | 228 | 303 | 735 | 979 | 1,305 | 1,740 | 2,320 |
| Stock & work in progress | 37,556 | ||||||||||||||
| Trade Debtors | 62,201 | 205,649 | 321,086 | 105,564 | 24,403 | 19,674 | 21,277 | 6,252 | 26,351 | 250 | 23,121 | ||||
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 8,630 | 12,274 | 2,123 | 12,194 | 9,881 | 23,882 | 49,933 | 21,199 | |||||||
| misc current assets | 775 | ||||||||||||||
| total current assets | 62,201 | 205,649 | 321,086 | 105,564 | 24,403 | 19,674 | 21,277 | 8,630 | 12,274 | 8,375 | 38,545 | 10,656 | 23,882 | 50,183 | 81,876 |
| total assets | 404,475 | 608,832 | 833,176 | 109,539 | 26,267 | 22,158 | 24,588 | 8,801 | 12,502 | 8,678 | 39,280 | 11,635 | 25,187 | 51,923 | 84,196 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 54,630 | 176,288 | 314,269 | 28,509 | 14,129 | 17,470 | 20,110 | 6,344 | 81,672 | ||||||
| Group/Directors Accounts | 5,102 | 1,934 | 2,923 | 893 | 267 | ||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 823 | 3,336 | 10,431 | 600 | 2,284 | 26,023 | |||||||||
| total current liabilities | 54,630 | 176,288 | 314,269 | 28,509 | 14,129 | 17,470 | 20,110 | 5,925 | 5,270 | 6,344 | 13,354 | 1,493 | 2,551 | 26,023 | 81,672 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 54,630 | 176,288 | 314,269 | 28,509 | 14,129 | 17,470 | 20,110 | 5,925 | 5,270 | 6,344 | 13,354 | 1,493 | 2,551 | 26,023 | 81,672 |
| net assets | 349,845 | 432,544 | 518,907 | 81,030 | 12,138 | 4,688 | 4,478 | 2,876 | 7,232 | 2,334 | 25,926 | 10,142 | 22,636 | 25,900 | 2,524 |
| total shareholders funds | 349,845 | 432,544 | 518,907 | 81,030 | 12,138 | 4,688 | 4,478 | 2,876 | 7,232 | 2,334 | 25,926 | 10,142 | 22,636 | 25,900 | 2,524 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 31,244 | -3,884 | 8,370 | 118,300 | |||||||||||
| Depreciation | 57 | 75 | 432 | 244 | 326 | 435 | 580 | 1,523 | |||||||
| Amortisation | |||||||||||||||
| Tax | -6,252 | 775 | -1,684 | -24,655 | |||||||||||
| Stock | -37,556 | 37,556 | |||||||||||||
| Debtors | -143,448 | -115,437 | 215,522 | 81,161 | 4,729 | -1,603 | 21,277 | -6,252 | -20,099 | 26,351 | -250 | -22,871 | 23,121 | ||
| Creditors | -121,658 | -137,981 | 285,760 | 14,380 | -3,341 | -2,640 | 20,110 | -6,344 | 6,344 | -81,672 | 81,672 | ||||
| Accruals and Deferred Income | -823 | -2,513 | 3,336 | -10,431 | 9,831 | -1,684 | -23,739 | 26,023 | |||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 8,716 | -4,467 | -16,368 | 99,003 | |||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -5,102 | 3,168 | 1,934 | -2,923 | 2,030 | 626 | 267 | ||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 7 | ||||||||||||||
| cash flow from financing | 2,037 | 626 | 267 | ||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -8,630 | -3,644 | 10,151 | -10,071 | 2,313 | -14,001 | -26,051 | 28,734 | 21,199 | ||||||
| overdraft | |||||||||||||||
| change in cash | -8,630 | -3,644 | 10,151 | -10,071 | 2,313 | -14,001 | -26,051 | 28,734 | 21,199 |
fastnet strategies ltd Credit Report and Business Information
Fastnet Strategies Ltd Competitor Analysis
Perform a competitor analysis for fastnet strategies ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in BD21 area or any other competitors across 12 key performance metrics.
fastnet strategies ltd Ownership
FASTNET STRATEGIES LTD group structure
Fastnet Strategies Ltd has no subsidiary companies.
Ultimate parent company
FASTNET STRATEGIES LTD
05818414
fastnet strategies ltd directors
Fastnet Strategies Ltd currently has 2 directors. The longest serving directors include Mr Philip Padfield (May 2006) and Mrs Tara Padfield (Jun 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Padfield | 67 years | May 2006 | - | Director | |
| Mrs Tara Padfield | England | 58 years | Jun 2020 | - | Director |
P&L
May 2024turnover
174.9k
-60%
operating profit
-82.7k
0%
gross margin
24.7%
-6.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
349.8k
-0.19%
total assets
404.5k
-0.34%
cash
0
0%
net assets
Total assets minus all liabilities
fastnet strategies ltd company details
company number
05818414
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
May 2006
age
19
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
-
address
suite 1 aireside house, royd ings avenue, keighley, west yorkshire, BD214BZ
Bank
-
Legal Advisor
-
fastnet strategies ltd 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 did not find charges/mortgages relating to fastnet strategies ltd.
fastnet strategies ltd 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 FASTNET STRATEGIES LTD. This can take several minutes, an email will notify you when this has completed.
fastnet strategies ltd Companies House Filings - See Documents
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