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FAST TECHNOLOGY SOLUTIONS LIMITED Financials

Company number
SC589495Copy
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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

£405.39K2024
-1.35%vs 2023

2023: £410.94K

Total Assets

£1.49M2024
50.30%vs 2023

2023: £993.00K

Cash in Bank

£244.19K2024
461.36%vs 2023

2023: £43.50K

Total Liabilities

£603.77K2024
56.94%vs 2023

2023: £384.72K

Employees

42024
0vs 2023

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

£405.39K2024
-1.35%from £410.94K 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 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

£279.83K2022£405.39K2024
+44.9%vs 2022

+20.4% a year compound (CAGR)

Cash in Bank

£79.25K2022£244.19K2024
+208%vs 2022

+75.5% a year compound (CAGR)

Total Assets

£743.71K2022£1.49M2024
+101%vs 2022

+41.7% a year compound (CAGR)

Total Liabilities

£208.03K2022£603.77K2024
+190%vs 2022

+70.4% a year compound (CAGR)

Employees

5202242024
-20%vs 2022-1

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

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
40.45%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
40.44%2024

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
16.36%2024

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.

Indicator2021202220232024
Net Assets£263.70K279.83K410.94K405.39K
Total Assets£595.19K743.71K993.00K1.49M
Cash in Bank£148.41K79.25K43.50K244.19K
Total Liabilities£153.74K208.03K384.72K603.77K
Employees6544

FAST TECHNOLOGY SOLUTIONS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has FAST TECHNOLOGY SOLUTIONS LIMITED filed financial statements?

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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?

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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?

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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?

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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?

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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?

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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?

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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.