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Funktion Finance Limited

10749862

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

SUITE 106 VINEY COURT, TAUNTON, TA1 3FB
Incorporated 02/05/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70221
Financial management
70229
Management consultancy activities

Officers

Mr Lee Bater

director · Since 02/05/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 5 other boards

Persons with Significant Control

Mr Lee Bater

25–50% shares
25–50% votes

British · United Kingdom · Age 42

East Reach House C/O Walpole Dunn, East Reach, Taunton, TA1 3EN

Notified 02/05/2017

Mrs Roxanne Bater

25–50% shares
25–50% votes

British · United Kingdom · Age 38

East Reach House C/O Walpole Dunn, East Reach, Taunton, TA1 3EN

Notified 01/06/2018

CompanyRankvs 2244+ SIC 70221 peers
71

Financial strength65th percentile among SIC peers · 16/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 5.16× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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2244Funktion Finance Limited
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How is this score calculated?
Financial strength16/25 pts

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

Employees11/15 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.

Longevity9/15 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

£15k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£20k

Working capital

Current Assets

£25k

Current Liabilities

£5k

2avg. employees

Balance Sheet

Assets less current liabilities£20k
Signed by Mr Lee Bater 29 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20245.16-£7k
20232.93—

Derived from filed accounts. Not audited figures.