Fast Friend Ltd.

POWER SEARCH PRICING

SOLUTIONS

fast friend ltd. Company Information

Company Number

08827183

Next Accounts

Mar 2025

Directors

Mohamed Abdul Gafoor

Shareholders

anna palamarchuk

Group Structure

View All

Industry

Other service activities incidental to land transportation, n.e.c. (not including operation of rail freight terminals, passenger facilities at railway stations or passenger facilities at bus and coach stations)

Registered Address

ashley house, 235-239 high road, london, N22 8HF

Website

fast friend ltd. Estimated Valuation

£96.8k

Pomanda estimates the enterprise value of FAST FRIEND LTD. at £96.8k based on Net Assets of £44.6k and 2.17x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Fast Friend Ltd. is a dissolved company that was located in london, N22 8HF with a Companies House number of 08827183. It operated in the other service activities incidental to land transportation, n.e.c. sector, SIC Code 52219. Founded in December 2013, it's largest shareholder was anna palamarchuk with a 100% stake. The last turnover for Fast Friend Ltd. was estimated at £167.9k.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Fast Friend 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

Health Rating2out of 5

2 Strong

1 Regular

7 Weak

Size

annual sales of £167.9k, make it smaller than the average company (£6.8m)

Growth

3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (2.3%)

EXPORT

Fast Friend Ltd.'s latest turnover from March 2021 is estimated at £167.9 thousand and the company has net assets of £44.6 thousand. According to their latest financial statements, Fast Friend Ltd. has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Dec 2016	Dec 2015	Dec 2014
Turnover	167,850	159,002	166,903	233,782	444,201	333,873	78,808
Other Income Or Grants
Cost Of Sales	149,696	138,079	147,503	204,192	387,030	289,641	68,323
Gross Profit	18,155	20,924	19,400	29,590	57,171	44,232	10,484
Admin Expenses	35,146	23,346	26,985	-58,832	-67,854	17,555	-11,655
Operating Profit	-16,991	-2,422	-7,585	88,422	125,025	26,677	22,139
Interest Payable
Interest Receivable					128	335	80
Pre-Tax Profit	-16,991	-2,422	-7,585	88,422	125,153	27,013	22,219
Tax				-16,800	-25,030	-5,402	-4,666
Profit After Tax	-16,991	-2,422	-7,585	71,622	100,122	21,610	17,553
Dividends Paid
Retained Profit	-16,991	-2,422	-7,585	71,622	100,122	21,610	17,553
Employee Costs	67,560	81,422	81,098	38,805	81,462	37,118	36,443
Number Of Employees	2	2	2	1	2	1	1
EBITDA*	-16,991	-2,422	-7,585	88,422	125,025	26,677	22,139

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Dec 2016	Dec 2015	Dec 2014
Tangible Assets	9,039	11,024	13,445	16,395	19,995
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets	9,039	11,024	13,445	16,395	19,995
Stock & work in progress
Trade Debtors	50,650	55,654	57,650	71,864	129,604
Group Debtors
Misc Debtors
Cash						102,313	31,841
misc current assets
total current assets	50,650	55,654	57,650	71,864	129,604	102,313	31,841
total assets	59,689	66,678	71,095	88,259	149,599	102,313	31,841
Bank overdraft
Bank loan
Trade Creditors	15,065	5,063	7,058	16,637	10,314	63,050	14,188
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities	15,065	5,063	7,058	16,637	10,314	63,050	14,188
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities	15,065	5,063	7,058	16,637	10,314	63,050	14,188
net assets	44,624	61,615	64,037	71,622	139,285	39,263	17,653
total shareholders funds	44,624	61,615	64,037	71,622	139,285	39,263	17,653

	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Dec 2016	Dec 2015	Dec 2014
Operating Activities
Operating Profit	-16,991	-2,422	-7,585	88,422	125,025	26,677	22,139
Depreciation
Amortisation
Tax				-16,800	-25,030	-5,402	-4,666
Stock
Debtors	-5,004	-1,996	-14,214	71,864	129,604
Creditors	10,002	-1,995	-9,579	16,637	-52,736	48,862	14,188
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations	-1,985	-2,421	-2,950	16,395	-82,345	70,137	31,661
Investing Activities
capital expenditure	1,985	2,421	2,950	-16,395	-19,995
Change in Investments
cash flow from investments	1,985	2,421	2,950	-16,395	-19,995
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue					-100		100
interest					128	335	80
cash flow from financing					28	335	180
cash and cash equivalents
cash					-102,313	70,472	31,841
overdraft
change in cash					-102,313	70,472	31,841

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for fast friend ltd.. Get real-time insights into fast friend ltd.'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

Perform a competitor analysis for fast friend ltd. by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other undefined companies, companies in N22 area or any other competitors across 12 key performance metrics.

FAST FRIEND LTD. group structure

Fast Friend Ltd. has no subsidiary companies.

Ultimate parent company

FAST FRIEND LTD.

08827183

FAST FRIEND LTD. Shareholders

anna palamarchuk

100%

Fast Friend Ltd. currently has 1 director, Mr Mohamed Abdul Gafoor serving since Mar 2020.

officer	country	age	start	end	role
Mr Mohamed Abdul Gafoor	United Kingdom	52 years	Mar 2020	-	Director

P&L

March 2021

turnover

167.9k

+6%

operating profit

-17k

gross margin

10.9%

-17.81%

turnover

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

Balance Sheet

March 2021

net assets

44.6k

-0.28%

total assets

59.7k

-0.1%

cash

net assets

Total assets minus all liabilities

Similar Companies

cronos consultants group limited

re-limb ltd

3.5

n p shetty limited

4.5

chalk studios ltd

dctmg it solutions limited

company number

08827183

Type

Private limited with Share Capital

industry

52219 - Other service activities incidental to land transportation, n.e.c. (not including operation of rail freight terminals, passenger facilities at railway stations or passenger facilities at bus and coach stations)

incorporation date

December 2013

ultimate parent company

None

previous names

N/A

address

ashley house, 235-239 high road, london, N22 8HF

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 fast friend ltd..

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 FAST FRIEND LTD.. This can take several minutes, an email will notify you when this has completed.

fast friend ltd. Company Information

fast friend ltd. Estimated Valuation

fast friend ltd. Estimated Valuation

fast friend ltd. Estimated Valuation

Fast Friend Ltd. Overview

Fast Friend Ltd. Health Check

FAST FRIEND LTD. financials

fast friend ltd. Credit Report and Business Information

Fast Friend Ltd. Competitor Analysis

fast friend ltd. Ownership

fast friend ltd. directors

fast friend ltd. company details

fast friend ltd. Charges & Mortgages

fast friend ltd. Capital Raised & Share Issues BETA

fast friend ltd. Companies House Filings - See Documents