Bowes Fastrac Limited

Bowes Fastrac Ltd, based in London, UK, is a small holding company with an active status, having been incorporated eighteen years ago in June 6, 2006. Employing thirty-three people, the company holds assets totaling £2,177,670, though it operates from a virtual address shared by eighty-three other companies. Four directors and one owner (though the list may not be exhaustive) manage the business, which has been undergoing some changes in ownership over the last year.

Bowes Fastrac specializes in turning ideas into reality, providing engineering services and manufacturing for a variety of industries, including aerospace, automotive, marine, and motorsport. They offer services ranging from mockup creation and prototyping to production and tooling. Their website highlights CNC machining capabilities and a skilled CAD/CAM team, enabling them to realize complex design and development projects. They also undertake bespoke design engineering.

The company regularly imports furniture, lighting, and prefabricated buildings, having done so for thirty-one months, with the most recent import occurring in February 6, 8, 2025. Conversely, they export optical and medical tools and devices, having done so for eight months, with the last export taking place in April 2022.

Financially, Bowes Fastrac Ltd shows a mixed picture. Current assets have decreased by 32% to £2,200,000, while net assets have also fallen by 31% to £1,900,000. Bank borrowings have plummeted by an incredible 100%, now at just £960, and cash reserves have fallen 42% to £1,300,000. Creditors have decreased by 26%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in equity raises concerns. With no auditor mentioned, the figures are unaudited. The number of average employees during the period also decreased by 18%, dropping from 33 to 27. It's worth noting that accrued liabilities have increased significantly, rising 3300% to £85,000.

Registered in England/Wales under the registration number 05851181, with a registered address at N3 1QA, England, London, Lawford House, Albert Place.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.