FASTLINE PTY LTD Financials
- Company number
- 05858399CopyCopy
- Registered office
- R2b Business Solutions, Courtyard Office Townhouse, Market Street, Hailsham BN27 2AE
- Incorporated
- 27/06/2006
Company snapshot
- Status
- Active
- Employees
- 10 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
84.61%vs 20222022: £4.83K
Total Assets
-19.90%vs 20222022: £494.46K
Cash in Bank
-260.48%vs 20222022: £12.44K
Total Liabilities
-20.93%vs 20222022: £489.64K
Employees
+1vs 20222022: 9
In 2023, FASTLINE PTY LTD reported net assets of £8.92K. The same filing shows total assets of £396.05K, cash in bank of £-19.96K and total liabilities of £387.13K. Reported headcount was 10 in 2023. Total Liabilities fell from £489.64K in 2022 to £387.13K in 2023 (-20.93%). Okredo holds filed figures for 2021–2023; 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
84.61%from £4.83K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures FASTLINE PTY LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-81.2%vs 2021-56.6% a year compound (CAGR)
Cash in Bank
Increasedvs 2021Total Assets
-22.5%vs 2021-12% a year compound (CAGR)
Total Liabilities
-16.5%vs 2021-8.6% a year compound (CAGR)
Employees
-16.7%vs 2021-2Biggest decrease
Net Assets-81.2%
£47.32K in 2021 to £8.92K in 2023
FASTLINE PTY LTD's filings pull in both directions between 2021 and 2023. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from FASTLINE PTY 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
- 2.25%2023
- 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
- 97.75%2023
- 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
- -5.16%2023
- 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
- -5.04%2023
- 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 FASTLINE PTY LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 47.32K | 4.83K | 8.92K |
| Total Assets£ | 510.98K | 494.46K | 396.05K |
| Cash in Bank£ | -25.25K | 12.44K | -19.96K |
| Total Liabilities£ | 463.65K | 489.64K | 387.13K |
| Employees | 12 | 9 | 10 |
FASTLINE PTY LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for FASTLINE PTY LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
FASTLINE PTY LTD reported net assets of £8.92K for 2023. That compares with £4.83K in 2022, a change of 84.61%.
FASTLINE PTY LTD reported total assets of £396.05K for 2023. That compares with £494.46K in 2022, a change of -19.90%.
FASTLINE PTY LTD reported cash in bank of £-19.96K for 2023. That compares with £12.44K in 2022, a change of -260.48%.
FASTLINE PTY LTD reported 10 employees in 2023, compared with 9 in 2022.
Between 2021 and 2023, FASTLINE PTY LTD's net assets fell by 81.2%, total assets fell by 22.5%, total liabilities fell by 16.5% and employee numbers fell by 16.7%. Net assets contracted at 56.6% a year across the two years to 2023, from £47.32K to £8.92K. Reported headcount went from 12 in 2021 to 10 in 2023 (-2).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.