fastfair limited

Live EstablishedMicroRapid

fastfair limited Company Information

Share FASTFAIR LIMITED

Company Number

05968379

Shareholders

kishor patel

suryaben kishor patel

Group Structure

View All

Industry

Retail sale of beverages in specialised stores

 +2

Registered Address

1 arne close, basingstoke, RG22 4JP

Website

-

fastfair limited Estimated Valuation

£12.1k

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).

fastfair limited Estimated Valuation

£0

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).

fastfair limited Estimated Valuation

£0

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).

Edit your figures and get a professional valuation report.

Fastfair Limited Overview

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.

View Sample
View Sample
View Sample

Fastfair Limited Health Check

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

Health Check Image
Health Rating2out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £47.6k, make it smaller than the average company (£1.9m)

£47.6k - Fastfair Limited

£1.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 88%, show it is growing at a faster rate (7.5%)

88% - Fastfair Limited

7.5% - Industry AVG

production

Production

with a gross margin of 22.7%, this company has a higher cost of product (36.1%)

22.7% - Fastfair Limited

36.1% - Industry AVG

profitability

Profitability

an operating margin of -7.4% make it less profitable than the average company (2.5%)

-7.4% - Fastfair Limited

2.5% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (35)

1 - Fastfair Limited

35 - Industry AVG

paystructure

Pay Structure

on an average salary of £22.6k, the company has an equivalent pay structure (£22.6k)

£22.6k - Fastfair Limited

£22.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £47.6k, this is less efficient (£109.1k)

£47.6k - Fastfair Limited

£109.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 10 days, this is earlier than average (24 days)

10 days - Fastfair Limited

24 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 225 days, this is slower than average (39 days)

225 days - Fastfair Limited

39 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Fastfair Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Fastfair Limited

- - Industry AVG

debtlevel

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 financials

EXPORTms excel logo

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 HousePomanda Estimates

Nov 2023Nov 2022Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Turnover47,59042,2357,165108,93127,69876,63529,203107,548120,599100,545127,612134,207126,970
Other Income Or Grants
Cost Of Sales36,80431,9685,71886,42421,91860,82422,60483,56195,20980,470101,346105,73098,872
Gross Profit10,78710,2671,44722,5085,77915,8116,60023,98725,39020,07526,26628,47728,098
Admin Expenses14,29716,1881,02433,69412,7318,0215,62222,82032,92225,54026,08325,05214,300-1,314
Operating Profit-3,510-5,921423-11,186-6,9527,7909781,167-7,532-5,4651833,42513,7981,314
Interest Payable432478239
Interest Receivable9685478453513129314416
Pre-Tax Profit-3,510-5,921-11,596-7,1377,8681,0241,201-7,519-5,4531923,45513,8421,331
Tax-1,495-205-240-46-898-3,876-373
Profit After Tax-3,510-5,921-11,596-7,1376,373819961-7,519-5,4531462,5579,966958
Dividends Paid
Retained Profit-3,510-5,921-11,596-7,1376,373819961-7,519-5,4531462,5579,966958
Employee Costs22,58620,48122,23163,75220,87957,60819,13118,98815,10614,80415,72713,34313,379
Number Of Employees1113131111111
EBITDA*-3,510-5,921423-11,186-2,6437,7907,0117,432-9891,4037,43911,13920,7458,651

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2023Nov 2022Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Tangible Assets3,4474,42012,93012,93012,9305,4477,2638,55810,08511,89014,02016,53812,51814,727
Intangible Assets54,7439,48114,21918,95723,69528,43333,171
Investments & Other4,1442,073
Debtors (Due After 1 year)
Total Fixed Assets3,4474,42012,93012,93012,9305,4477,26813,30123,71028,18232,97740,23340,95147,898
Stock & work in progress11,59610,28912,17415,57213,64810,86014,71312,1819,22211,514
Trade Debtors1,3622,8629,4009,5819,4009,42811,4079,40010,448
Group Debtors
Misc Debtors20,49723,09511,69611,69611,6969,4009,400
Cash9,0519,0519,0515,46025,70510,5503,3081,9482,7001,09411,1456,428
misc current assets1,333
total current assets21,85925,95720,74720,74732,34325,14947,27935,52226,53722,20826,84124,68229,76729,723
total assets25,30630,37733,67733,67745,27330,59654,54748,82350,24750,39059,81864,91570,71877,621
Bank overdraft7,0857,0857,08511
Bank loan
Trade Creditors 22,73727,2982,1932,1932,1934,1936,14347,10749,49242,11646,09151,33445,08846,024
Group/Directors Accounts30,40830,40830,4088,80834,492
other short term finances
hp & lease commitments
other current liabilities3,8163,8163,8168,67611,377
total current liabilities22,73727,29843,50243,50243,50221,68852,01247,10749,49242,11646,09151,33445,08846,024
loans
hp & lease commitments
Accruals and Deferred Income12,0009,000
other liabilities14,60630,539
provisions
total long term liabilities12,0009,00014,60630,539
total liabilities34,73736,29843,50243,50243,50221,68852,01247,10749,49242,11646,09151,33459,69476,563
net assets-9,431-5,921-9,825-9,8251,7718,9082,5351,7167558,27413,72713,58111,0241,058
total shareholders funds-9,431-5,921-9,825-9,8251,7718,9082,5351,7167558,27413,72713,58111,0241,058
Nov 2023Nov 2022Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013Nov 2012Nov 2011Nov 2010Nov 2009
Operating Activities
Operating Profit-3,510-5,921423-11,186-6,9527,7909781,167-7,532-5,4651833,42513,7981,314
Depreciation4,3091,2951,5271,8052,1302,5182,9762,2092,599
Amortisation4,7384,7384,7384,7384,7384,7384,7384,738
Tax-1,495-205-240-46-898-3,876-373
Stock-11,5961,307-1,885-3,3981,9242,788-3,8532,5322,959-2,29211,514
Debtors-4,09825,9572,296-181181-28-1,9792,007-1,04810,448
Creditors-4,56127,298-2,000-1,950-40,964-2,3857,376-3,975-5,2436,246-93646,024
Accruals and Deferred Income3,0009,000-4,860-2,70111,377
Deferred Taxes & Provisions
Cash flow from operations-9734,420423410-13,1063,529-19,3833,0643,4181,3091,59711,52119,27332,340
Investing Activities
capital expenditure973-4,420-11,7921,821-6,996-55,235
Change in Investments-4,1442,0712,073
cash flow from investments973-4,420-11,7921,8214,144-2,071-2,073-6,996-55,235
Financing Activities
Bank loans
Group/Directors Accounts21,600-25,68434,492
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities-14,606-15,93330,539
share issue100
interest-423-410-18578453513129314416
cash flow from financing-423-41021,415-25,60634,5373513129-14,575-15,88930,655
cash and cash equivalents
cash3,591-20,24515,1557,2421,360-7521,606-10,0514,7176,428
overdraft7,07411
change in cash-3,483-20,25615,1557,2421,360-7521,606-10,0514,7176,428

fastfair limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for fastfair limited. Get real-time insights into fastfair limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Fastfair Limited Competitor Analysis

competitor_analysis_table_img

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 Ownership

FASTFAIR LIMITED group structure

Fastfair Limited has no subsidiary companies.

Ultimate parent company

FASTFAIR LIMITED

05968379

FASTFAIR LIMITED Shareholders

kishor patel 50%
suryaben kishor patel 50%

fastfair limited directors

Fastfair Limited currently has 2 directors. The longest serving directors include Mr Kishor Patel (Jun 2007) and Mrs Suryaben Patel (Jun 2007).

officercountryagestartendrole
Mr Kishor PatelEngland61 years Jun 2007- Director
Mrs Suryaben Patel61 years Jun 2007- Director

P&L

November 2023

turnover

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 2023

net assets

-9.4k

+0.59%

total assets

25.3k

-0.17%

cash

0

0%

net assets

Total assets minus all liabilities

fastfair limited company details

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

None

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

fastfair 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 did not find charges/mortgages relating to fastfair limited.

fastfair 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 FASTFAIR LIMITED. This can take several minutes, an email will notify you when this has completed.

fastfair limited Companies House Filings - See Documents

datedescriptionview/download