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Funstep Limited

08968277

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

14 HOMEFIELD AVENUE, ILFORD, IG2 7JG
Incorporated 31/03/2014

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 31/03/2026

Due 14/04/2027

On track

Industry

62020
Information technology consultancy activities

Officers

Stephen Adediran

secretary · Since 31/03/2014

Mrs Olufunmike Adediran

director · Since 31/03/2014

IT CONSULTANT

BRITISH · ENGLAND · Age 57

Persons with Significant Control

Mrs Olufunmike Adediran

25–50% shares

British · England · Age 57

14, Homefield Avenue, Ilford, IG2 7JG

Notified 06/04/2016

CompanyRankvs 23606+ SIC 62020 peers
68

Financial strength77th percentile among SIC peers · 19/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 4.96× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 pts

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

Employees2/15 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.

Longevity12/15 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 31/03/2025

Net Worth

£40k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£40k

Working capital

Current Assets

£50k

Current Liabilities

£10k

0avg. employees-1

Balance Sheet

Assets less current liabilities£40k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20254.96-£17k
20248.40-£4k
20235.94-£1k
20224.50+£20k
20213.21+£12k
20202.74+£12k
20192.16

Derived from filed accounts. Not audited figures.