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Funkatech Limited

08121808

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

362 UXBRIDGE ROAD, LONDON, W3 9SL
Incorporated 27/06/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59200
Sound recording and music publishing activities

Officers

Asad Raja

director · Since 27/06/2012

NONE

BRITISH · UNITED KINGDOM · Age 48

Persons with Significant Control

Mr Asad Rehman Raja

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

British · England · Age 48

362, Uxbridge Road, London, W3 9SL

Notified 10/06/2017

CompanyRankvs 3791+ SIC 59200 peers
60

Financial strength17th percentile among SIC peers · 4/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 22.92× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 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.

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.

Longevity14/15 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 30/06/2022

Net Worth

-£2k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£10k

Current Liabilities

£450

Fixed Assets

£0

Debtors

£0

1avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities£10k
Signed by 2021-07-01Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
202222.92
20217.84

Derived from filed accounts. Not audited figures.