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Funasset Limited

02078429

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

FOUNDRY HOUSE, TAUNTON, TA1 1JJ
Incorporated 28/11/1986

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Mark Jonathan Dowson

director · Since 13/01/2003

SYSTEMS & SUPPORT MANAGER

BRITISH · ENGLAND · Age 53

Also on 2 other boards

Mr Robert Derek Webb

director · Since 01/12/2008

SENIOR SYSTEMS CONSULTANT

BRITISH · ENGLAND · Age 63

Also on 2 other boards

Ms Nicola Distin

director · Since 02/01/2013

HOUSEWIFE

UNITED KINGDOM · ENGLAND · Age 57

Mrs Nichola Ann Dowson

director · Since 02/01/2013

HOUSEWIFE

UNITED KINGDOM · ENGLAND · Age 52

Persons with Significant Control

Mr Mark Jonathan Dowson

50–75% shares

British · England · Age 53

Foundry House, Foundry Road, Taunton, TA1 1JJ

Notified 06/04/2016

Mr Robert Derek Webb

Significant control

British · England · Age 63

Foundry House, Foundry Road, Taunton, TA1 1JJ

Notified 06/04/2016

Funasset Group Limited

75–100% shares

Foundry House, Foundry Road, Taunton, TA1 1JJ

Reg: 15371377 · Companies House · Limited Company

Notified 30/01/2024

Former PSCs

Mrs Ann Carolyn Vickery

Ceased 05/04/2023

CompanyRankvs 572+ SIC 62090 peers
88

Financial strength95th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.46× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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572Funasset Limited
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£487k

Balance sheet strength

Cash

£676k

Cash in the bank

Net Current Assets

£610k

Working capital

Current Assets

£1.0M

Current Liabilities

£418k

Fixed Assets

£79k

Debtors

£350k

14avg. employees+1

Balance Sheet

Assets less current liabilities£689k
Prepared with PTP Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.46-£118k
20232.66-£23k
20224.32+£109k
20212.47+£78k
20201.98+£27k
20191.96+£87k
20181.79—

Derived from filed accounts. Not audited figures.