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Functional Works Ltd

08604185

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

FLOOR 8, LONDON, EC2A 2AP
Incorporated 10/07/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Charles James Ronald Gower

director · Since 10/07/2013

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 1 other board

Mr Alexander Mesropians

director · Since 10/07/2013

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 37

Persons with Significant Control

Mr Alexander Mesropians

25–50% shares
25–50% votes

British · England · Age 37

Verse Building, 18 Brunswick Place, London, N1 6DZ

Notified 06/04/2016

Mr Charles James Ronald Gower

25–50% shares
25–50% votes

British · England · Age 38

Verse Building, 18 Brunswick Place, London, N1 6DZ

Notified 06/04/2016

CompanyRankvs 3618+ SIC 82990 peers
86

Financial strength91th percentile among SIC peers · 23/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.42× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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3618Functional Works Ltd
86
How is this score calculated?
Financial strength23/25 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.

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.

Longevity13/15 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 31/12/2024

Net Worth

£286k

Balance sheet strength

Cash

£188k

Cash in the bank

Net Current Assets

£367k

Working capital

Current Assets

£625k

Current Liabilities

£259k

Fixed Assets

£0

Debtors

£438k

19avg. employees-1

Tax at Year End(2023)

Corp tax£1k

People Costs(2022)

Wages & salaries£897k
NI contributions£117k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.42+£28k
20235.75-£184k
20226.71—

Derived from filed accounts. Not audited figures.