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Function Plan Limited

02858138

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 1, OLDHAM, OL1 4AB
Incorporated 29/09/1993

Compliance

Last accounts

28/02/2025

unaudited abridged

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 29/09/2025

Due 13/10/2026

On track

Industry

43341
Painting

Officers

Steven Grant Warner

director · Since 27/01/1994

DIRECTOR

BRITISH · ENGLAND · Age 73

Daniel Warner

secretary · Since 29/02/2004

BRITISH

Persons with Significant Control

Mr Steven Grant Warner

50–75% shares
50–75% votes
Appoint directors

British · England · Age 73

1 Heaps Farm, Lilly Lane, Hartshead Green, OL6 9AD

Notified 06/04/2016

Mrs Barbara Warner

25–50% shares
25–50% votes
Appoint directors

British · England · Age 73

1 Heaps Farm, Lily Lanes, Ashton-Under-Lyne, OL6 9AD

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 05/12/1994Registered 08/12/1994

CompanyRankvs 533+ SIC 43341 peers
71

Financial strength95th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.5× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Liquidity12/20 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 28/02/2025

Net Worth

£241k

Balance sheet strength

Cash

£145k

Cash in the bank

Net Current Assets

£359k

Working capital

Current Assets

£1.1M

Current Liabilities

£723k

Fixed Assets

£16k

Debtors

£901k

16avg. employees-1

Balance Sheet

Assets less current liabilities£375k

EstimatesDerived

YearCurrent RatioImplied Profit
20251.50+£87k
20241.43-£29k
20231.48+£49k
20221.46+£31k
20211.63-£27k
20201.48+£16k
20191.36

Derived from filed accounts. Not audited figures.