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White Funnel Limited

09471161

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
45 / 100

Notable Risks

25/30
Filing
0/30
Financial
20/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)

Details

70 PRINCE STREET, BRISTOL, BS1 4QD
Incorporated 04/03/2015

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 04/03/2026

Due 18/03/2027

On track

Industry

50100
Sea and coastal passenger water transport

Officers

Mr David Gwyn Bassett

director · Since 11/01/2019

RETIRED

BRITISH · WALES · Age 80

Also on 2 other boards

Mr John Robert Thomas

director · Since 11/01/2019

RETIRED

BRITISH · UNITED KINGDOM · Age 74

Also on 1 other board

Persons with Significant Control

Mv Balmoral Fund Limited

75–100% shares

21, South Close Green, Redhill, RH1 3DU

Reg: 08555385 · Companies House England & Wales · Company Limited By Guarantee

Notified 06/04/2016

Mr David Gwyn Bassett

Significant control

British · Wales · Age 80

70, Prince Street, Bristol, BS1 4QD

Notified 01/04/2023

Mr John Robert Thomas

Significant control

British · United Kingdom · Age 74

70, Prince Street, Bristol, BS1 4QD

Notified 01/04/2023

Insolvency History1 case

corporate voluntary arrangement

Andrew Howard Beckingham (practitioner) · Siann Huntley (practitioner)

CompanyRankvs 257+ SIC 50100 peers
42

Financial strength10th percentile among SIC peers · 3/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 3.81× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength3/25 pts

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

Employees3/15 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.

Longevity11/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/10/2023

Turnover

£15k

Annual revenue

Net Worth

-£99k

Balance sheet strength

Cash

£5k

Cash in the bank

Profit Before Tax

-£6k

Bottom line earnings

Net Current Assets

£23k

Working capital

Current Assets

£31k

Current Liabilities

£8k

Fixed Assets

£2k

Debtors

£20k

Cost of Sales

£30k

Gross Profit

-£14k

Admin Expenses

£1k

Operating Profit

-£6k

0avg. employees

Balance Sheet

Assets less current liabilities£25k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20233.81

Derived from filed accounts. Not audited figures.