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Fundapps Ltd

07380035

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

6TH FLOOR, LONDON, EC2A 2AP
Incorporated 17/09/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Vivek Syal

director · Since 11/07/2025

CFO

BRITISH · ENGLAND · Age 53

Also on 5 other boards

Mr Vivek Syal

secretary · Since 13/05/2026

Also on 5 other boards

Mr Frederic Pierre Francois Ceyte

director · Since 13/05/2026

FRENCH · FRANCE · Age 49

Persons with Significant Control

Rio Group Bidco Limited

75–100% shares
75–100% votes
Appoint directors

15, Stratton Street, London, W1J 8LQ

Reg: 16511174 · Companies House · Private Company Limited By Shares

Notified 11/07/2025

Former PSCs

Mr Andrew Patrick White

Ceased 11/07/2025

Charges3 outstanding

Charge
outstanding

ALTER DOMUS TRUSTEES (UK) LIMITED

Created 09/10/2025Registered 10/10/2025
Charge
outstanding

ALTER DOMUS TRUSTEES (UK) LIMITED

Created 09/10/2025Registered 10/10/2025
Charge
outstanding

ALTER DOMUS TRUSTEES (UK) LIMITED

Created 09/10/2025Registered 10/10/2025

CompanyRankvs 3669+ SIC 62020 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.11× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£2.2M

Balance sheet strength

Cash

£19.4M

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£14.4M

Current Liabilities

£12.9M

Fixed Assets

£95k

Debtors

£4.4M

Cost of Sales

£3.0M

Admin Expenses

£20.6M

Profit After Tax

£3.5M

107avg. employees

Tax at Year End

Corp tax£6k

People Costs

Wages & salaries£13.8M

Balance Sheet

Assets less current liabilities£1.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.11+£4.0M
20230.83-£2.8M
20211.13-£1.1M
20201.30+£1.9M
20191.04-£514k
20181.22

Derived from filed accounts. Not audited figures.