Fastpaq Ltd

Fastpaq Ltd from Weymouth UK is a small company with an active status, founded 17 years ago. It employs two people and operates from a virtual address, managed by two directors and a single owner who is also the solo founder. The company regularly imports electrical machinery and equipment (5 months) and exports machinery, boilers, and mechanical appliances; parts (51 months). It operates in the manufacture of other special-purpose machinery n.e.c. industries.

The company's website is non-existent, so there's no information about its online presence or e-commerce activities.

Financially, Fastpaq Ltd shows some concerning trends. While the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, cash bank on hand has fallen significantly, dropping 33% to £230,000. Equity has also taken a hit, decreasing by 38% to £320,000. Creditors have been reduced by 80%, which is a positive sign, but the significant drop in cash reserves and equity raises questions about its financial health. Trade debtors have also decreased by 13%, suggesting slower payments from customers. The company's depreciation rate used for property plant equipment remains consistent at 15% and 25%, and the company is exempt from an audit as a small company. The company's net assets liabilities are at £320,000.

Registered in England/Wales under the registration number 06424998, with a registered address at DT4 9UX, United Kingdom, Weymouth, Dorset, Leanne House, 6 Avon Close.

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