Fastaward Limited in Hampshire, SO50 9DQ

Description

Data updated on: 01-11-2023

Registered with number 02871135 31 years ago, Fastaward Limited is a Private Limited Company. The business latest mailing address is 89 Leigh Road, Eastleigh Hampshire. The firm's registered with SIC code 77320 - Renting and leasing of construction and civil engineering machinery and equipment. Fastaward Ltd released its latest accounts for the financial year up to Tuesday 31st May 2022. The business most recent annual confirmation statement was filed on Saturday 1st October 2022.

In order to satisfy the customers, this particular limited company is permanently being developed by a body of two directors who are Jack K. and Michael K.. Their work been of pivotal importance to this specific limited company since 2021. What is more, the managing director's responsibilities are assisted with by a secretary - Roisin K., who was chosen by this specific limited company in July 2016.

Michael K. is the individual who controls this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-11-30	2018-11-30	2019-11-30	2020-11-30	2021-11-30	2022-05-31	2023-05-31
Currency

Balance Sheet
Cash Bank On Hand	71 733	15 556	20 277	43 096	56 814	53 180	59 537
Current Assets	201 211	657 078	815 639	1 537 782	2 128 952	2 603 373	106 866
Debtors	129 478	641 522	795 362	1 494 686	2 072 138	2 550 193	47 329
Net Assets Liabilities	1 360 301	2 044 179	2 409 869	2 966 084	3 484 771	3 699 478	834 470
Other Debtors	4 400	136 516	500	500	500	500
Property Plant Equipment	1 434 920	2 043 152	1 983 933	1 757 096	2 033 028	2 137 593

Other Financial Data
Audit Fees Expenses	30 207	11 650	33 000	24 294	15 000	10 000	27 750
Amount Specific Advance Or Credit Directors			9 000	9 000	9 000	14 787	14 787
Director Remuneration	87 450	40 769	133 223	41 613	42 154	25 308	49 727
Dividend Recommended By Directors							3 056 101
Amount Specific Advance Or Credit Repaid In Period Directors					1 000
Accrued Liabilities	6 000	16 000	17 641	16 365	158 076	22 500	48 000
Accumulated Amortisation Impairment Intangible Assets	285 057	285 057	285 057
Accumulated Depreciation Impairment Property Plant Equipment	1 548 851	1 799 125	2 070 653	1 754 047	1 864 511	2 037 829	38 359
Additional Provisions Increase From New Provisions Recognised					183 847	34 829	-5 564
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss		9 797		-586
Administrative Expenses				795 120	769 774	412 657	1 101 953
Amounts Owed By Group Undertakings	1 269	383 112	678 426	1 383 505		2 502 622
Applicable Tax Rate	19	19	19	19	19	19	20
Average Number Employees During Period	113	118	154	157	6	7	8
Bank Borrowings	25 392
Bank Borrowings Overdrafts	6 233
Cash Cash Equivalents Cash Flow Value				43 096	56 814	53 180
Comprehensive Income Expense	898 238	814 678	376 890	576 215	518 687	214 717	250 416
Corporation Tax Payable	217 297	182 809	78 318	135 794	8 360	41 204	99 007
Cost Sales				618 621	607 267	266 924	717 002
Creditors	149 221	428 838	282 008	158 169	294 393	287 275	668 326
Current Tax For Period	570 190	500 613	396 061	339 619	8 360	32 845	65 388
Depreciation Amortisation Expense				354 963	357 320	173 319	339 970
Depreciation Expense Property Plant Equipment	139 745	163 495	164 763	174 617	195 459	100 944	222 043
Disposals Decrease In Depreciation Impairment Property Plant Equipment		141 172	129 388	671 569	246 855		62 101
Disposals Investment Property Fair Value Model							280 000
Disposals Property Plant Equipment		199 445	279 895	785 930	346 750		71 350
Dividends Paid	181 800	130 800	11 200	20 000			3 056 101
Dividends Paid Classified As Financing Activities				-20 000			-3 056 101
Dividends Paid On Shares	181 800	130 800	11 200
Dividends Paid On Shares Final	10 000	30 800	11 200	20 000
Dividends Paid On Shares Interim							3 056 101
Finance Lease Liabilities Present Value Total	142 988	428 838	282 008	270 311	299 288	298 804	195 493
Fixed Assets	2 059 920	2 668 152	2 608 933	2 382 096	2 688 028	2 417 593	2 022 787
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax						-79 990	1 000
Further Item Interest Expense Component Total Interest Expense		303	2 527	7 462
Further Item Proceeds From Sales Other Long-term Assets Classified As Investing Activities Component Corresponding Total						-375 000
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables				21 914	157 801	-61 792	30 763
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables				5 755	274	63 336	242
Gain Loss On Disposal Assets Income Statement Subtotal				-18 602	-895		-55 331
Gain Loss On Disposals Property Plant Equipment	11 277	29 818	2 659	-18 602	-895		-55 331
Gross Profit Loss				1 493 362	1 505 805	783 947	1 382 998
Income Taxes Paid Refund Classified As Operating Activities				-78 518	-135 794	21	-9 024
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation				22 819	13 718	-3 634	6 357
Increase Decrease In Property Plant Equipment		529 400	175 700	220 286	529 500	198 656	227 474
Increase From Depreciation Charge For Year Property Plant Equipment		391 446	400 916	354 963	357 319	173 318	64 854
Intangible Assets Gross Cost	285 057	285 057	285 057
Interest Expense On Bank Loans Similar Borrowings	1 166
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	21 916	32 492	25 718	19 014	25 137	8 931	28 688
Interest Payable Similar Charges Finance Costs	23 082	32 895	28 245	19 014	25 137	8 931	28 688
Investment Property	250 000	250 000	250 000	250 000	280 000	280 000
Investment Property Fair Value Model						280 000
Investments Fixed Assets	375 000	375 000	375 000	375 000	375 000
Investments In Group Undertakings	375 000	375 000	375 000	375 000
Issue Equity Instruments	1 000					-10	-1 000
Net Assets Liabilities Subsidiaries	-3 558 652	-4 827 840	-5 389 959	-6 198 064
Net Cash Flows From Used In Financing Activities				864 791	413 527	96 602	3 165 408
Net Cash Flows From Used In Investing Activities				146 728	634 145	444 275	-2 502 126
Net Cash Flows From Used In Operating Activities				-1 034 338	-1 061 390	-537 243	-669 639
Net Cash Generated From Operations				-1 131 870	-1 222 321	-546 153	-707 351
Net Current Assets Liabilities	-392 106	-27 046	301 782	960 409	1 493 235	2 006 088	-561 460
Number Shares Issued Fully Paid		1 000	1 000	1 000	1 000	1 000	45
Operating Profit Loss				730 636	736 031	371 290	281 045
Other Comprehensive Income Expense Net Tax						-79 990	1 000
Other Creditors	30 247				3 456	92 457	92 456
Other Deferred Tax Expense Credit	8 804	7 186	45 425	-587	183 847	34 829	-5 564
Other Taxation Social Security Payable	8 767	12 194	11 665	5 068	6 353	7 379	16 807
Par Value Share		1	1	1	1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities				-139 713	165 201	-7 602	-109 307
Payments To Redeem Own Shares						-80 000
Pension Other Post-employment Benefit Costs Other Pension Costs	31 852	33 721	78 315	4 495	4 251	2 356	7 794
Percentage Class Share Held In Subsidiary		60	60	47
Prepayments	70 189	65 539	61 449	57 061	87 372	39 636	47 329
Proceeds From Sales Investment Properties							-208 259
Proceeds From Sales Property Plant Equipment				-95 759	-99 000		-35 310
Profit Loss	1 533 023	814 678	1 412 381	576 215	518 687	294 707	191 093
Profit Loss On Ordinary Activities Before Tax	2 112 017	2 581 817	2 026 843	2 195 900	710 894	362 359	252 357
Profit Loss Subsidiaries	634 785	1 252 910	1 035 491	1 235 587
Property Plant Equipment Gross Cost	2 983 771	3 842 277	4 054 586	3 511 143	3 897 539	4 175 422	3 305 794
Provisions	158 292	168 089	218 838	218 252	402 099	436 928	431 364
Provisions For Liabilities Balance Sheet Subtotal	158 292	168 089	218 838	218 252	402 099	436 928	431 364
Purchase Other Long-term Assets Classified As Investing Activities						541 392	-2 502 622
Purchase Property Plant Equipment				-242 487	-733 145	-277 883	-244 065
Social Security Costs	397 364	437 399	471 962	496 328	36 624	20 095	40 545
Staff Costs Employee Benefits Expense	4 844 010	5 010 812	5 718 778	5 403 070	368 373	196 839	392 932
Tax Expense Credit Applicable Tax Rate	401 283	490 545	385 100	135 208	135 070	68 848	50 471
Tax Increase Decrease From Effect Capital Allowances Depreciation							14 917
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	20 073	25 374	29 037	3 978
Tax Tax Credit On Profit Or Loss On Ordinary Activities	578 994	514 230	614 462	135 407	192 207	67 652	61 264
Total Additions Including From Business Combinations Property Plant Equipment		1 057 951	492 204	242 487	733 145	277 883	244 065
Total Assets Less Current Liabilities	1 667 814	2 641 106	2 910 715	3 342 505	4 181 263	4 423 681	1 461 327
Total Current Tax Expense Credit	570 190	507 044	569 037	339 619	8 360	32 823	66 828
Trade Creditors Trade Payables	75 818	46 571	29 138	54 531	100 988	67 208	79 784
Trade Debtors Trade Receivables		2 735	1 366		23 035	7 435
Turnover Revenue				2 111 983	2 113 072	1 050 871	2 100 000
Wages Salaries	4 414 794	4 539 692	5 168 501	4 807 140	327 498	174 388	344 593
Investments In Joint Ventures				375 000	375 000
Net Assets Liabilities Associates				-5 355 537	-6 051 845
Other Operating Income Format1				32 394
Percentage Class Share Held In Associate					47
Proceeds From Borrowings Classified As Financing Activities				705 078	577 728
Profit Loss From Continuing Operations Associates				1 040 316	1 080 030
Total Operating Lease Payments				10 000