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FAST SUPPORT SERVICES LTD Financials

Company number
12970318Copy
Copy
Registered office
Office 204a, Cinnamon House Cinnamon Park, Crab Lane, Fearnhead, Warrington WA2 0XP
Incorporated
23/10/2020

Company snapshot

Status
Active
Employees
21 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£16.32K2024
-34.17%vs 2023

2023: £24.79K

Total Assets

£64.50K2024
8.56%vs 2023

2023: £59.42K

Cash in Bank

£3.93K2022
-63.82%vs 2021

2021: £10.86K

Total Liabilities

£48.18K2024
39.13%vs 2023

2023: £34.63K

Employees

212024
0vs 2023

2023: 21

In 2024, FAST SUPPORT SERVICES LTD reported net assets of £16.32K. The same filing shows total assets of £64.50K, cash in bank of £3.93K and total liabilities of £48.18K. Reported headcount was 21 in 2024. Total Liabilities rose from £34.63K in 2023 to £48.18K in 2024 (39.13%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£16.32K2024
-34.17%from £24.79K in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures FAST SUPPORT SERVICES LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£31.81K2022£16.32K2024
-48.7%vs 2022

-28.4% a year compound (CAGR)

Total Assets

£57.98K2022£64.50K2024
+11.2%vs 2022

+5.5% a year compound (CAGR)

Total Liabilities

£25.62K2022£48.18K2024
+88.1%vs 2022

+37.1% a year compound (CAGR)

Employees

282022212024
-25%vs 2022-7

Biggest increase

Total Liabilities+88.1%

£25.62K in 2022 to £48.18K in 2024

Biggest decrease

Net Assets-48.7%

£31.81K in 2022 to £16.32K in 2024

FAST SUPPORT SERVICES LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from FAST SUPPORT SERVICES LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
25.30%2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
74.70%2024
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Cash to liabilities
15.34%2022
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Cash to total assets
6.78%2022
Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for FAST SUPPORT SERVICES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£8.50K31.81K24.79K16.32K
Total Assets£23.19K57.98K59.42K64.50K
Cash in Bank£10.86K3.93K––
Total Liabilities£14.69K25.62K34.63K48.18K
Employees2282121

FAST SUPPORT SERVICES LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for FAST SUPPORT SERVICES LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

FAST SUPPORT SERVICES LTD reported net assets of £16.32K for 2024. That compares with £24.79K in 2023, a change of -34.17%.

FAST SUPPORT SERVICES LTD reported total assets of £64.50K for 2024. That compares with £59.42K in 2023, a change of 8.56%.

FAST SUPPORT SERVICES LTD reported cash in bank of £3.93K for 2022. That compares with £10.86K in 2021, a change of -63.82%.

FAST SUPPORT SERVICES LTD reported 21 employees in 2024, compared with 21 in 2023.

Between 2022 and 2024, FAST SUPPORT SERVICES LTD's net assets fell by 48.7%, total assets rose by 11.2%, total liabilities rose by 88.1% and employee numbers fell by 25%. Net assets contracted at 28.4% a year across the two years to 2024, from £31.81K to £16.32K. Reported headcount went from 28 in 2022 to 21 in 2024 (-7).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.