FASTPAY LTD Financials
- Company number
- 06645618CopyCopy
- Registered office
- Grosvenor House Agecroft Road, Pendlebury, Manchester M27 8UW
- Incorporated
- 14/07/2008
Company snapshot
- Status
- Active
- Employees
- 5 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
73.74%vs 20232023: £1.19M
Total Assets
56.63%vs 20232023: £1.74M
Cash in Bank
0.70%vs 20232023: £246.17K
Total Liabilities
19.83%vs 20232023: £551.70K
Employees
0vs 20232023: 5
In 2024, FASTPAY LTD reported net assets of £2.06M. The same filing shows total assets of £2.72M, cash in bank of £247.91K and total liabilities of £661.11K. Reported headcount was 5 in 2024. Total Assets rose from £1.74M in 2023 to £2.72M in 2024 (56.63%). 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
73.74%from £1.19M in 2023Year-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 FASTPAY LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+259%vs 2022+89.5% a year compound (CAGR)
Cash in Bank
-47.5%vs 2022-27.6% a year compound (CAGR)
Total Assets
+200%vs 2022+73.2% a year compound (CAGR)
Total Liabilities
+98.3%vs 2022+40.8% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Net Assets+259%
£574.01K in 2022 to £2.06M in 2024
Biggest decrease
Cash in Bank-47.5%
£472.62K in 2022 to £247.91K in 2024
FASTPAY LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from FASTPAY 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
- 75.71%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
- 24.29%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
- 37.50%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
- 9.11%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 FASTPAY LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 337.22K | 574.01K | 1.19M | 2.06M |
| Total Assets£ | 668.51K | 907.45K | 1.74M | 2.72M |
| Cash in Bank£ | 603.63K | 472.62K | 246.17K | 247.91K |
| Total Liabilities£ | 331.29K | 333.44K | 551.70K | 661.11K |
| Employees | 6 | 5 | 5 | 5 |
FASTPAY LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for FASTPAY LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
FASTPAY LTD reported net assets of £2.06M for 2024. That compares with £1.19M in 2023, a change of 73.74%.
FASTPAY LTD reported total assets of £2.72M for 2024. That compares with £1.74M in 2023, a change of 56.63%.
FASTPAY LTD reported cash in bank of £247.91K for 2024. That compares with £246.17K in 2023, a change of 0.70%.
FASTPAY LTD reported 5 employees in 2024, compared with 5 in 2023.
Between 2022 and 2024, FASTPAY LTD's net assets rose by 259%, cash in bank fell by 47.5%, total assets rose by 200% and total liabilities rose by 98.3%. Net assets compounded at 89.5% a year across the two years to 2024, from £574.01K to £2.06M. Reported headcount went from 5 in 2022 to 5 in 2024.
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.