Fast-aid Products Limited

Fast Aid Products Ltd from Loanhead UK: a small, holding company with an active status, was founded 50 years ago. It employs 18 people and holds £1,105,519 in assets, operating from a real address. With three directors and one owner, the company boasts a Google rating of 4.0 based on 18 reviews. It’s a regular importer of optical and medical tools and devices, with nine months of import activity recorded.

The company operates in the non-specialised wholesale trade and the other retail sale not in stores, stalls or markets industries. Its website is currently unavailable, so it's difficult to determine if it operates an e-commerce platform.

Financially, Fast Aid Products Ltd presents a mixed picture. Current assets decreased by 14% to £1,100,000, while bank borrowings increased by 150% to £28,000. Cash reserves fell 30% to £570,000. Trade debtors have decreased significantly by 42%, suggesting better debt collection. Creditors also decreased by 26%, indicating improved management of short-term liabilities. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the decline in equity raises questions. The unaudited financial statements, reviewed by McAleer Jackson Ltd, don’t offer a completely clear picture.

The company’s focus on importing optical and medical tools, coupled with its long history, suggests a stable, established business. However, the recent financial trends indicate a need for careful management to ensure long-term sustainability.

Registered in Scotland under the registration number SC056473, with a registered address at EH20 9HX, Loanhead, Midlothian, 24/3 Dryden Road.

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