
Company Number
05968379
Next Accounts
Aug 2025
Shareholders
kishor patel
suryaben kishor patel
Group Structure
View All
Industry
Retail sale of beverages in specialised stores
+2Registered Address
1 arne close, basingstoke, RG22 4JP
Website
-Pomanda estimates the enterprise value of FASTFAIR LIMITED at £12.1k based on a Turnover of £47.6k and 0.25x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of FASTFAIR LIMITED at £0 based on an EBITDA of £-3.5k and a 2.44x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of FASTFAIR LIMITED at £0 based on Net Assets of £-9.4k and 2.68x industry multiple (adjusted for liquidity).
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Fastfair Limited is a live company located in basingstoke, RG22 4JP with a Companies House number of 05968379. It operates in the retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores sector, SIC Code 47240. Founded in October 2006, it's largest shareholder is kishor patel with a 50% stake. Fastfair Limited is a established, micro sized company, Pomanda has estimated its turnover at £47.6k with rapid growth in recent years.
Pomanda's financial health check has awarded Fastfair Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £47.6k, make it smaller than the average company (£1.9m)
- Fastfair Limited
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 88%, show it is growing at a faster rate (7.5%)
- Fastfair Limited
7.5% - Industry AVG
Production
with a gross margin of 22.7%, this company has a higher cost of product (36.1%)
- Fastfair Limited
36.1% - Industry AVG
Profitability
an operating margin of -7.4% make it less profitable than the average company (2.5%)
- Fastfair Limited
2.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (35)
1 - Fastfair Limited
35 - Industry AVG
Pay Structure
on an average salary of £22.6k, the company has an equivalent pay structure (£22.6k)
- Fastfair Limited
£22.6k - Industry AVG
Efficiency
resulting in sales per employee of £47.6k, this is less efficient (£109.1k)
- Fastfair Limited
£109.1k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is earlier than average (24 days)
- Fastfair Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 225 days, this is slower than average (39 days)
- Fastfair Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fastfair Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Fastfair Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 137.3%, this is a higher level of debt than the average (71.7%)
137.3% - Fastfair Limited
71.7% - Industry AVG
Fastfair Limited's latest turnover from November 2023 is estimated at £47.6 thousand and the company has net assets of -£9.4 thousand. According to their latest financial statements, Fastfair Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Nov 2023 | Nov 2022 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 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 | 1 | 1 | 3 | 3 | ||||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Nov 2023 | Nov 2022 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 3,447 | 4,420 | 12,930 | 12,930 | 12,930 | 5,447 | 7,263 | 8,558 | 10,085 | 11,890 | 14,020 | 16,538 | 12,518 | 14,727 |
Intangible Assets | 5 | 4,743 | 9,481 | 14,219 | 18,957 | 23,695 | 28,433 | 33,171 | ||||||
Investments & Other | 4,144 | 2,073 | ||||||||||||
Debtors (Due After 1 year) | ||||||||||||||
Total Fixed Assets | 3,447 | 4,420 | 12,930 | 12,930 | 12,930 | 5,447 | 7,268 | 13,301 | 23,710 | 28,182 | 32,977 | 40,233 | 40,951 | 47,898 |
Stock & work in progress | 11,596 | 10,289 | 12,174 | 15,572 | 13,648 | 10,860 | 14,713 | 12,181 | 9,222 | 11,514 | ||||
Trade Debtors | 1,362 | 2,862 | 9,400 | 9,581 | 9,400 | 9,428 | 11,407 | 9,400 | 10,448 | |||||
Group Debtors | ||||||||||||||
Misc Debtors | 20,497 | 23,095 | 11,696 | 11,696 | 11,696 | 9,400 | 9,400 | |||||||
Cash | 9,051 | 9,051 | 9,051 | 5,460 | 25,705 | 10,550 | 3,308 | 1,948 | 2,700 | 1,094 | 11,145 | 6,428 | ||
misc current assets | 1,333 | |||||||||||||
total current assets | 21,859 | 25,957 | 20,747 | 20,747 | 32,343 | 25,149 | 47,279 | 35,522 | 26,537 | 22,208 | 26,841 | 24,682 | 29,767 | 29,723 |
total assets | 25,306 | 30,377 | 33,677 | 33,677 | 45,273 | 30,596 | 54,547 | 48,823 | 50,247 | 50,390 | 59,818 | 64,915 | 70,718 | 77,621 |
Bank overdraft | 7,085 | 7,085 | 7,085 | 11 | ||||||||||
Bank loan | ||||||||||||||
Trade Creditors | 22,737 | 27,298 | 2,193 | 2,193 | 2,193 | 4,193 | 6,143 | 47,107 | 49,492 | 42,116 | 46,091 | 51,334 | 45,088 | 46,024 |
Group/Directors Accounts | 30,408 | 30,408 | 30,408 | 8,808 | 34,492 | |||||||||
other short term finances | ||||||||||||||
hp & lease commitments | ||||||||||||||
other current liabilities | 3,816 | 3,816 | 3,816 | 8,676 | 11,377 | |||||||||
total current liabilities | 22,737 | 27,298 | 43,502 | 43,502 | 43,502 | 21,688 | 52,012 | 47,107 | 49,492 | 42,116 | 46,091 | 51,334 | 45,088 | 46,024 |
loans | ||||||||||||||
hp & lease commitments | ||||||||||||||
Accruals and Deferred Income | 12,000 | 9,000 | ||||||||||||
other liabilities | 14,606 | 30,539 | ||||||||||||
provisions | ||||||||||||||
total long term liabilities | 12,000 | 9,000 | 14,606 | 30,539 | ||||||||||
total liabilities | 34,737 | 36,298 | 43,502 | 43,502 | 43,502 | 21,688 | 52,012 | 47,107 | 49,492 | 42,116 | 46,091 | 51,334 | 59,694 | 76,563 |
net assets | -9,431 | -5,921 | -9,825 | -9,825 | 1,771 | 8,908 | 2,535 | 1,716 | 755 | 8,274 | 13,727 | 13,581 | 11,024 | 1,058 |
total shareholders funds | -9,431 | -5,921 | -9,825 | -9,825 | 1,771 | 8,908 | 2,535 | 1,716 | 755 | 8,274 | 13,727 | 13,581 | 11,024 | 1,058 |
Nov 2023 | Nov 2022 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 4,309 | 1,295 | 1,527 | 1,805 | 2,130 | 2,518 | 2,976 | 2,209 | 2,599 | |||||
Amortisation | 4,738 | 4,738 | 4,738 | 4,738 | 4,738 | 4,738 | 4,738 | 4,738 | ||||||
Tax | ||||||||||||||
Stock | -11,596 | 1,307 | -1,885 | -3,398 | 1,924 | 2,788 | -3,853 | 2,532 | 2,959 | -2,292 | 11,514 | |||
Debtors | -4,098 | 25,957 | 2,296 | -181 | 181 | -28 | -1,979 | 2,007 | -1,048 | 10,448 | ||||
Creditors | -4,561 | 27,298 | -2,000 | -1,950 | -40,964 | -2,385 | 7,376 | -3,975 | -5,243 | 6,246 | -936 | 46,024 | ||
Accruals and Deferred Income | 3,000 | 9,000 | -4,860 | -2,701 | 11,377 | |||||||||
Deferred Taxes & Provisions | ||||||||||||||
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | -4,144 | 2,071 | 2,073 | |||||||||||
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | ||||||||||||||
Group/Directors Accounts | 21,600 | -25,684 | 34,492 | |||||||||||
Other Short Term Loans | ||||||||||||||
Long term loans | ||||||||||||||
Hire Purchase and Lease Commitments | ||||||||||||||
other long term liabilities | -14,606 | -15,933 | 30,539 | |||||||||||
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 3,591 | -20,245 | 15,155 | 7,242 | 1,360 | -752 | 1,606 | -10,051 | 4,717 | 6,428 | ||||
overdraft | 7,074 | 11 | ||||||||||||
change in cash | -3,483 | -20,256 | 15,155 | 7,242 | 1,360 | -752 | 1,606 | -10,051 | 4,717 | 6,428 |
Perform a competitor analysis for fastfair limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in RG22 area or any other competitors across 12 key performance metrics.
FASTFAIR LIMITED group structure
Fastfair Limited has no subsidiary companies.
Ultimate parent company
FASTFAIR LIMITED
05968379
Fastfair Limited currently has 2 directors. The longest serving directors include Mr Kishor Patel (Jun 2007) and Mrs Suryaben Patel (Jun 2007).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Kishor Patel | England | 61 years | Jun 2007 | - | Director |
Mrs Suryaben Patel | 61 years | Jun 2007 | - | Director |
P&L
November 2023turnover
47.6k
+13%
operating profit
-3.5k
0%
gross margin
22.7%
-6.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
-9.4k
+0.59%
total assets
25.3k
-0.17%
cash
0
0%
net assets
Total assets minus all liabilities
company number
05968379
Type
Private limited with Share Capital
industry
47240 - Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores
47250 - Retail sale of beverages in specialised stores
47620 - Retail sale of newspapers and stationery in specialised stores
incorporation date
October 2006
age
19
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
N/A
accountant
TAXASSIST ACCOUNTANTS
auditor
-
address
1 arne close, basingstoke, RG22 4JP
Bank
NATIONAL WESTMINSTER BANK PLC, NATIONAL WESTMINSTER BANK PLC
Legal Advisor
CLARKE & SON
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 fastfair limited.
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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