FAST TECHNOLOGY SOLUTIONS LIMITED Financials
- Company number
- SC589495Copy
Copy
- Registered office
- C O Tricore Blackburn Industrial Estate, Kinellar, Aberdeen AB21 0RX
- Incorporated
- 21/02/2018
Company snapshot
- Status
- Active
- Employees
- 4 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
2023: £410.94K
Total Assets
2023: £993.00K
Cash in Bank
2023: £43.50K
Total Liabilities
2023: £384.72K
Employees
2023: 4
In 2024, FAST TECHNOLOGY SOLUTIONS LIMITED reported net assets of £405.39K. The same filing shows total assets of £1.49M, cash in bank of £244.19K and total liabilities of £603.77K. Reported headcount was 4 in 2024. Total Assets rose from £993.00K in 2023 to £1.49M in 2024 (50.30%). 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
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 TECHNOLOGY SOLUTIONS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+20.4% a year compound (CAGR)
Cash in Bank
+75.5% a year compound (CAGR)
Total Assets
+41.7% a year compound (CAGR)
Total Liabilities
+70.4% a year compound (CAGR)
Employees
Biggest increase
Cash in Bank+208%
£79.25K in 2022 to £244.19K in 2024
Biggest decrease
Employees-20%
5 in 2022 to 4 in 2024
FAST TECHNOLOGY SOLUTIONS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from FAST TECHNOLOGY SOLUTIONS LIMITED'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
- 27.16%2024
- Liabilities to total assets
- 40.45%2024
- Cash to liabilities
- 40.44%2024
- Cash to total assets
- 16.36%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 TECHNOLOGY SOLUTIONS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 263.70K | 279.83K | 410.94K | 405.39K |
| Total Assets£ | 595.19K | 743.71K | 993.00K | 1.49M |
| Cash in Bank£ | 148.41K | 79.25K | 43.50K | 244.19K |
| Total Liabilities£ | 153.74K | 208.03K | 384.72K | 603.77K |
| Employees | 6 | 5 | 4 | 4 |
FAST TECHNOLOGY SOLUTIONS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has FAST TECHNOLOGY SOLUTIONS LIMITED filed financial statements?
Yes. Okredo holds filed figures for FAST TECHNOLOGY SOLUTIONS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did FAST TECHNOLOGY SOLUTIONS LIMITED report in 2024?
FAST TECHNOLOGY SOLUTIONS LIMITED reported net assets of £405.39K for 2024. That compares with £410.94K in 2023, a change of -1.35%.
What total assets did FAST TECHNOLOGY SOLUTIONS LIMITED report in 2024?
FAST TECHNOLOGY SOLUTIONS LIMITED reported total assets of £1.49M for 2024. That compares with £993.00K in 2023, a change of 50.30%.
What cash in bank did FAST TECHNOLOGY SOLUTIONS LIMITED report in 2024?
FAST TECHNOLOGY SOLUTIONS LIMITED reported cash in bank of £244.19K for 2024. That compares with £43.50K in 2023, a change of 461.36%.
How many people does FAST TECHNOLOGY SOLUTIONS LIMITED employ?
FAST TECHNOLOGY SOLUTIONS LIMITED reported 4 employees in 2024, compared with 4 in 2023.
How have FAST TECHNOLOGY SOLUTIONS LIMITED financials changed over the last 3 years?
Between 2022 and 2024, FAST TECHNOLOGY SOLUTIONS LIMITED's net assets rose by 44.9%, cash in bank rose by 208%, total assets rose by 101% and total liabilities rose by 190%. Net assets compounded at 20.4% a year across the two years to 2024, from £279.83K to £405.39K. Reported headcount went from 5 in 2022 to 4 in 2024 (-1).
Which years of FAST TECHNOLOGY SOLUTIONS LIMITED financial data are available?
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.