Fast Trak Trading Limited
- Small
- Active
- 9 years
- £161,676 (assets)
- Real address
- 2 directors
- 2 owners
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Fast Trak Trading Limited, based in Wolverhampton, UK, is a small, active company established nine years ago. With £161,676 in assets and a real address, it operates as an e-commerce business, employing two directors and two owners. The company specializes in forecourt instore promotions, offering a range of products from exclusive branded items to Dubai-style chocolates and car scents. It also provides a merchandising service and POS display equipment.
The website highlights the company's focus on high-margin impulse products, low minimum orders, and personalised industry-leading merchandising. It caters to a wide range of customers, including those with accounts with symbol group partners. The company’s product range includes ELFBAR and LOST MARY CRYSTAL disposable vapes, alongside a variety of promotional items.
Financially, Fast Trak Trading Limited presents a mixed picture. Cash bank on hand has increased by a healthy 62% to £120,000, while current assets have also grown by 61% to £160,000. However, creditors have risen by 50% to £150,000, and other taxation and social security payable have increased significantly by 610% to £21,000. The company’s profit and loss remain steady at £20,000. It's a small company, meeting two of three conditions for classification: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The significant increase in creditors and social security payable suggests that the company may be managing its cash flow more closely, or potentially facing increased operating expenses. The lack of an auditor mentioned—likely due to being a small company—means the figures are unaudited.
Overall, Fast Trak Trading Limited appears to be a growing business, but it's important to monitor its cash flow and debt levels to ensure long-term sustainability.
Registered in England/Wales under the registration number 09812270, with a registered address at WV4 5AN, England, Wolverhampton, 79 Rosemary Crescent West.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Kaur Rajdeep
- 7 years
- 25%+
-
Resident of United Kingdom
-
Individual
- Pannu Gurmit Singh
- 7 years
- 2
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Kaur Rajdeep
- 6 years
-
Resident of United Kingdom
-
Individual
- Pannu Gurmit Singh
- 6 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Total exemption full accounts made up to 2024-03-31Download 7 pages pdf report
-
Confirmation statement made on 2024-10-15 with no updatesDownload 3 pages pdf report
-
Confirmation statement made on 2024-01-17 with updatesDownload 4 pages pdf report
FAQ about Fast Trak Trading Limited
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