Plain Fun Ltd
10909686
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Paul Richard Mehigan
British · England · Age 48
C3 Apollo Court, Neptune Park, Plymouth, PL4 0SJ
Notified 01/11/2018
Former PSCs
Mr Paul Richard Mehigan
Ceased 10/08/2017
Mr Benjamin Ross Mehigan
Ceased 02/04/2025
CompanyRankvs 4471+ SIC 47789 peers55
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/08/2025
Net Worth
£38k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£46k
Working capital
Current Assets
£42k
Current Liabilities
£89k
Fixed Assets
£11k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.48 | +£17k |
| 2024 | 0.64 | +£16k |
| 2023 | 1.16 | — |
| 2022 | 1.20 | — |
| 2021 | 1.66 | — |
Derived from filed accounts. Not audited figures.