Sfast Ltd

Sfast Ltd is a small, active company based in Manchester, UK, founded three years ago in June 2021. With just £35 in assets and a real address at 6 The Drive, Prestwich, it’s a solo-founded operation run by two directors and one owner, Sweeney Paul Brian. The company operates in the other retail sale in non-specialised stores industries and is known as an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances—parts, with the last import activity recorded one month ago in July 2023.

The company’s website, FAST UK Ltd, focuses on fall arrest systems—installation, inspection, and structures. It caters to commercial and industrial clients, offering services like lifeline walkway systems, barrier guardrails, and even specialized xray room ceilings. The site emphasizes over 25 years of experience and a commitment to safety, featuring testimonials from satisfied customers and detailed product descriptions. They even have a showroom in Harrods, London.

Financially, Sfast Ltd is showing some concerning trends. Current assets have plummeted 78%, falling from £160 to a mere £35, while net assets have also dropped significantly, decreasing 6.7% to -£7,400. Cash reserves are down a staggering 85%, leaving just £22. Creditors have increased slightly by 4.8% to £7,400, and bank borrowings are also up. 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, but the sharp equity drop and low cash reserves suggest it's burning through money. There's no auditor mentioned, so the figures are unaudited.

It seems Sfast Ltd is facing financial pressures, despite its focus on a specialized safety market. Whether it can sustain its operations in the long term remains to be seen—but for now, it's relying on its expertise and client relationships to navigate these challenges.

Registered in England/Wales under the registration number 13439148, with a registered address at M25 1BJ, England, Manchester, 6 The Drive, Prestwich.

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