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Funasset Limited

02078429

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

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

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 09/05/2026

Due 23/05/2027

On track

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

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

Mr Mark Jonathan Dowson

Ceased 30/01/2024

Mr Robert Derek Webb

Ceased 30/01/2024

Mrs Ann Carolyn Vickery

Ceased 05/04/2023

CompanyRankvs 293+ SIC 62090 peers
89

Financial strength95th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
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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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.

Employees15/15 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

Derived from filed accounts. Not audited figures.