fast track technology limited
fast track technology limited Company Information
Company Number
10185443
Next Accounts
Mar 2025
Directors
Shareholders
francis neil madden
helena madden
Group Structure
View All
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Registered Address
c/o clarke bell limited, 3rd floor the pinnacle, manchester, M2 4NG
Website
-fast track technology limited Estimated Valuation
Pomanda estimates the enterprise value of FAST TRACK TECHNOLOGY LIMITED at £68.5k based on a Turnover of £145k and 0.47x industry multiple (adjusted for size and gross margin).
fast track technology limited Estimated Valuation
Pomanda estimates the enterprise value of FAST TRACK TECHNOLOGY LIMITED at £20.2k based on an EBITDA of £6.4k and a 3.15x industry multiple (adjusted for size and gross margin).
fast track technology limited Estimated Valuation
Pomanda estimates the enterprise value of FAST TRACK TECHNOLOGY LIMITED at £127k based on Net Assets of £54k and 2.35x industry multiple (adjusted for liquidity).
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Fast Track Technology Limited Overview
Fast Track Technology Limited is a dissolved company that was located in manchester, M2 4NG with a Companies House number of 10185443. It operated in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in May 2016, it's largest shareholder was francis neil madden with a 70% stake. The last turnover for Fast Track Technology Limited was estimated at £145k.
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Fast Track Technology Limited Health Check
Pomanda's financial health check has awarded Fast Track Technology Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £145k, make it smaller than the average company (£1.3m)
- Fast Track Technology Limited
£1.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a faster rate (1.5%)
- Fast Track Technology Limited
1.5% - Industry AVG
Production
with a gross margin of 22.9%, this company has a higher cost of product (44.3%)
- Fast Track Technology Limited
44.3% - Industry AVG
Profitability
an operating margin of 4.4% make it as profitable than the average company (4.8%)
- Fast Track Technology Limited
4.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (16)
1 - Fast Track Technology Limited
16 - Industry AVG
Pay Structure
on an average salary of £44.7k, the company has an equivalent pay structure (£44.7k)
- Fast Track Technology Limited
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £145k, this is more efficient (£105.4k)
- Fast Track Technology Limited
£105.4k - Industry AVG
Debtor Days
it gets paid by customers after 169 days, this is later than average (55 days)
- Fast Track Technology Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is slower than average (32 days)
- Fast Track Technology Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Fast Track Technology Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Fast Track Technology Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 19.7%, this is a lower level of debt than the average (55.4%)
19.7% - Fast Track Technology Limited
55.4% - Industry AVG
FAST TRACK TECHNOLOGY LIMITED financials
Fast Track Technology Limited's latest turnover from May 2021 is estimated at £145 thousand and the company has net assets of £54 thousand. According to their latest financial statements, Fast Track Technology Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|
| 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 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|
| Tangible Assets | 5,242 | 2,971 | 3,495 | 4,111 | |
| Intangible Assets | |||||
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 5,242 | 2,971 | 3,495 | 4,111 | |
| Stock & work in progress | |||||
| Trade Debtors | 67,322 | 67,284 | 60,697 | 57,819 | 41,936 |
| Group Debtors | |||||
| Misc Debtors | |||||
| Cash | |||||
| misc current assets | |||||
| total current assets | 67,322 | 67,284 | 60,697 | 57,819 | 41,936 |
| total assets | 67,322 | 72,526 | 63,668 | 61,314 | 46,047 |
| Bank overdraft | |||||
| Bank loan | |||||
| Trade Creditors | 13,275 | 22,670 | 24,713 | 22,407 | 20,007 |
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | |||||
| total current liabilities | 13,275 | 22,670 | 24,713 | 22,407 | 20,007 |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | 996 | 564 | 664 | 781 | |
| total long term liabilities | 996 | 564 | 664 | 781 | |
| total liabilities | 13,275 | 23,666 | 25,277 | 23,071 | 20,788 |
| net assets | 54,047 | 48,860 | 38,391 | 38,243 | 25,259 |
| total shareholders funds | 54,047 | 48,860 | 38,391 | 38,243 | 25,259 |
| May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | |||||
| Amortisation | |||||
| Tax | |||||
| Stock | |||||
| Debtors | 38 | 6,587 | 2,878 | 15,883 | 41,936 |
| Creditors | -9,395 | -2,043 | 2,306 | 2,400 | 20,007 |
| Accruals and Deferred Income | |||||
| Deferred Taxes & Provisions | -996 | 432 | -100 | -117 | 781 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| 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 | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | |||||
| overdraft | |||||
| change in cash |
fast track technology limited Credit Report and Business Information
Fast Track Technology Limited Competitor Analysis
Perform a competitor analysis for fast track technology limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in M 2 area or any other competitors across 12 key performance metrics.
fast track technology limited Ownership
FAST TRACK TECHNOLOGY LIMITED group structure
Fast Track Technology Limited has no subsidiary companies.
Ultimate parent company
FAST TRACK TECHNOLOGY LIMITED
10185443
fast track technology limited directors
Fast Track Technology Limited currently has 1 director, Mr Francis Madden serving since May 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Francis Madden | 61 years | May 2016 | - | Director |
P&L
May 2021turnover
145k
-6%
operating profit
6.4k
0%
gross margin
23%
-12.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2021net assets
54k
+0.11%
total assets
67.3k
-0.07%
cash
0
0%
net assets
Total assets minus all liabilities
fast track technology limited company details
company number
10185443
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
May 2016
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
May 2021
previous names
N/A
accountant
R & A BURNS LIMITED
auditor
-
address
c/o clarke bell limited, 3rd floor the pinnacle, manchester, M2 4NG
Bank
-
Legal Advisor
-
fast track technology 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 fast track technology limited.
fast track technology 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 FAST TRACK TECHNOLOGY LIMITED. This can take several minutes, an email will notify you when this has completed.
fast track technology limited Companies House Filings - See Documents
| date | description | view/download |
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