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  4. Fastnet Properties Limited

Fastnet Properties Limited

ActiveUnaudited abridged accountsProperty developersLondon
Company number
02389418
Incorporated
25 May 198937 years trading
Registered office
9 the Lexington, 40 City Road, London, EC1Y 2AN
Nature of business
Development of building projects
Accounts due in
199 days
30 Apr 2027
Net assets
£2.4M
+0.0% on the year before
Cash at bank
£79K
At 31 Jul 2025
Employees
0
Average during the year
From the Companies House register, 1 Oct 2026

Fastnet Properties Limited is a 37-year-old private limited company registered in London, company number 02389418, one of 14,100 property development companies in London. Its next accounts are due at Companies House on 30 April 2027, and the CT600 for the period to 31 July 2026 is due at HMRC on 31 July 2027.

Key dates

Worked out from the year end and filing history on the Companies House register.

Accounts due
30 Apr 2027
in 199 days
For the period to 31 Jul 2026
CT600 due
31 Jul 2027
in 291 days
Period 1 Aug 2025 to 31 Jul 2026
Corporation tax payment
1 May 2027
in 200 days
9 months and 1 day after the period end
Confirmation statement
19 Apr 2027
in 188 days
Last made up to 5 Apr 2026

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Finances

From each year's balance sheet filed at Companies House. Small companies do not have to publish turnover or profit, so these are balance sheet figures.

  • Net assets unchanged on the year before, at £2.4M.
  • Net assets rose in 4 of 9 year-on-year comparisons on record.
  • Current assets of £2.9M against £527K owed within a year: 5.6 times cover.
  • No employees reported for the latest year (directors are often not counted as employees).
  • Balance sheets on record for 10 years, 2016 to 2025.

Net assets by year

Net assets at each year end, 2016 to 2025£0£1M£2M31 July 2016: net assets £223K£223K201631 July 2017: net assets £193K£193K201731 July 2018: net assets £1.2M£1.2M201831 July 2019: net assets £46K£46K201931 July 2020: net assets £45K£45K202031 July 2021: net assets £115K£115K202131 July 2022: net assets £1.7M£1.7M202231 July 2023: net assets £1.7M£1.7M202331 July 2024: net assets £2.4M£2.4M202431 July 2025: net assets £2.4M£2.4M2025
Net assets at each year end, 2016 to 2025£0£1M£2M31 July 2016: net assets £223K£223K'1631 July 2017: net assets £193K£193K'1731 July 2018: net assets £1.2M£1.2M'1831 July 2019: net assets £46K£46K'1931 July 2020: net assets £45K£45K'2031 July 2021: net assets £115K£115K'2131 July 2022: net assets £1.7M£1.7M'2231 July 2023: net assets £1.7M£1.7M'2331 July 2024: net assets £2.4M£2.4M'2431 July 2025: net assets £2.4M£2.4M'25
Year endNet assetsCashCurrent assetsOwed within a yearEmployees
31 Jul 2025£2.4M£79K£2.9M£527K0
31 Jul 2024£2.4M£79K£2.9M£527K0
31 Jul 2023£1.7M£79K£2.2M0
31 Jul 2022£1.7M£79K£2.2M£501K0
31 Jul 2021£115K£79K£616K£501K0
31 Jul 2020£45K£8,064£547K£502K0
31 Jul 2019£46K£547K£502K
31 Jul 2018£1.2M£40K£1.6M£379K
31 Jul 2017£193K£40K£571K£379K
31 Jul 2016£223K£35K£556K£333K

Where Fastnet Properties Limited is registered

Fastnet Properties Limited's registered office on a map of the UK

The registered office is in London (EC1Y), in the Islington local authority area, London. Show EC1Y 2AN on a map.

Other trade companies in EC1Y

Also registered at this address

1 other company uses the same registered office as Fastnet Properties Limited.

What happens if Fastnet Properties Limited files late

Companies House charges an automatic penalty the day after the deadline, and it rises the longer the accounts are late. These are the dates for this company's accounts due on 30 April 2027.

Companies HouseAccounts deliveredPenalty
Up to 1 month late1 May 2027 to 31 May 2027£150
1 to 3 months late1 Jun 2027 to 31 Jul 2027£375
3 to 6 months late1 Aug 2027 to 31 Oct 2027£750
More than 6 months lateFrom 1 Nov 2027£1,500

Penalties double if the accounts were also late the year before.

HMRC (CT600)FromPenalty
1 day late1 Aug 2027£200
3 months late31 Oct 2027another £200
6 months late31 Jan 2028HMRC estimates the tax and adds 10% of the unpaid tax
12 months late31 Jul 2028another 10% of any unpaid tax

For returns filed on or after 1 April 2026. Late three times in a row and the £200 penalties become £1,000 each.

Company details

As held on the Companies House register.

Company number
02389418
Status
Active
Company type
Private limited company
Incorporated
25 May 1989 (37 years ago)
Registered office
9 the Lexington, 40 City Road, London, EC1Y 2AN
Nature of business
Development of building projects (SIC 41100)
Year end
31 July (accounting reference date)
Accounts type
Unaudited abridged
Last accounts made up to
31 July 2025
Last confirmation statement
5 April 2026
Charges (mortgages)
17 outstanding of 20 registered

Filing notes for property development companies

Many property development companies are single-project vehicles. Stock of land and buildings sits on the balance sheet as work in progress until sale, and a company that has finished its project may become dormant rather than close.

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Frequently asked questions

When are Fastnet Properties Limited's accounts due?

Fastnet Properties Limited's next accounts are due at Companies House by 30 April 2027 (in 199 days), covering the period to 31 July 2026.

When is Fastnet Properties Limited's CT600 due?

The CT600 for the period to 31 July 2026 is due at HMRC by 31 July 2027, 12 months after the period end. The corporation tax itself is payable earlier, by 1 May 2027.

Is Fastnet Properties Limited still trading?

Fastnet Properties Limited is listed as active on the Companies House register as of 1 Oct 2026. Active means it has not been dissolved or entered insolvency; it does not show whether it is currently taking on work.

What does Fastnet Properties Limited do?

Fastnet Properties Limited is registered under Development of building projects (SIC 41100).

How old is Fastnet Properties Limited?

Fastnet Properties Limited was incorporated on 25 May 1989, 37 years ago.

What is the penalty if Fastnet Properties Limited files its accounts late?

Companies House charges £150 if the accounts are up to 1 month late, £375 up to 3 months, £750 up to 6 months and £1,500 after that, doubled if the previous year's accounts were also late. HMRC charges £200 for a CT600 filed a day late and another £200 at 3 months.

Official records

View Fastnet Properties Limited on Companies House for filed documents, officers and the full history.

Report an error on this page

Based on the Companies House register (snapshot 1 Oct 2026). Deadlines are worked out from the register and assume a standard accounting period; a change of year end or a short period moves them. This page is general information, not tax or accountancy advice.

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