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Funmistic Uk Limited

07395444

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

50 WALES FARM ROAD, LONDON, W3 6UE
Incorporated 04/10/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47990
Other retail sale not in stores, stalls or markets
82990
Other business support service activities

Officers

Mrs Olufunmilayo Olufemi-Dada

director · Since 05/10/2010

BUSINESS TYCOON

BRITISH · ENGLAND · Age 60

Also on 1 other board

Persons with Significant Control

Mrs Olufunmilayo Olufemi-Dada

75–100% shares

British · England · Age 60

50, Wales Farm Road, London, W3 6UE

Notified 04/10/2016

CompanyRankvs 14919+ SIC 47990 peers
44

Financial strength19th percentile among SIC peers · 5/25
Employees45th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.47× · 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 strength5/25 pts

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

Employees7/15 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 31/10/2024

Net Worth

-£1k

Balance sheet strength

Cash

£655

Cash in the bank

Net Current Assets

-£1k

Working capital

Current Assets

£1k

Current Liabilities

£2k

Fixed Assets

£164

1avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20240.47
20230.62
20220.81
20210.80

Derived from filed accounts. Not audited figures.