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Funktionlust Ltd

07091165

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)
  • Negative net worth (-10)

Details

18 CORNWALLIS CRESCENT, BRISTOL, BS8 4PJ
Incorporated 30/11/2009

Compliance

Last accounts

30/11/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 30/11/2025

Due 14/12/2026

On track

Industry

90030
Artistic creation

Officers

Ms Iris Thorsteinsdottir

director · Since 30/11/2009

DIRECTOR

BRITISH · ENGLAND · Age 54

Persons with Significant Control

Miss Iris Thorsteinsdottir

75–100% shares

British · England · Age 54

18, Cornwallis Crescent, Bristol, BS8 4PJ

Notified 30/11/2016

CompanyRankvs 17557+ SIC 90030 peers
40

Financial strength7th percentile among SIC peers · 2/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0× · 2/20
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 strength2/25 pts

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

Employees6/15 pts

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

Liquidity2/20 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 30/11/2024

Net Worth

-£19k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£19k

Working capital

Current Assets

£24

Current Liabilities

£19k

Fixed Assets

£271

1avg. employees

Balance Sheet

Assets less current liabilities-£19k
Signed by Miss Iris Thorsteinsdottir 28th August 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00+£7k
20230.00-£159
20220.02-£4k
20210.06-£1k
20200.01-£8k
20190.00-£18k

Derived from filed accounts. Not audited figures.