Fast Tex Limited

Fast Tex Ltd, based in Henley-On-Thames, UK, is a small, active company founded fifteen years ago in 2009. With five employees and £969,623 in assets, it operates from a real address and is managed by two directors and one owner, Iqbal Asif. The company regularly imports various textile products, sets, used clothing, and rags—a consistent activity spanning 115 months, with the latest import recorded in June 2024.

The company's website, The7.co.uk, functions as a business directory, listing Fast Tex Ltd alongside a wide range of other businesses across the UK. It doesn't appear to be an e-commerce site itself; rather, it serves as a search tool for businesses looking for suppliers and services. The directory lists Fast Tex Ltd's location as Bracknell, High Wycombe, Maidenhead, and Reading, suggesting a broad service area. Related companies mentioned include Fast Tailoring Alterations and Fast Temp Engineering Ltd, hinting at potential diversification or shared resources.

Financially, Fast Tex Ltd’s recent performance shows some concerning trends. While current assets increased slightly to £970,000, net assets decreased by 18% to £2,200. Bank borrowings rose by 12% to £50,000, and cash reserves dropped by 6.2% to £2,400. Creditors increased by 6.2% to £540,000, and trade debtors jumped 17% to £260,000. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the decline in equity and increased debt warrants attention. The lack of an auditor mentioned suggests the company is exempt from an audit, relying on unaudited financial statements. The company’s retained earnings accumulated losses remain at £880.

Registered in England/Wales under the registration number 06936216, with a registered address at RG9 3EX, England, Henley-On-Thames, Oxfordshire, Unit 4 Church Lane, Remenham.

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