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Funtech Games Ltd

11721421

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

19 THE CIRCLE, LONDON, SE1 2JE
Incorporated 11/12/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Edoardo Narduzzi

director · Since 11/12/2018

ENTREPRENEUR

ITALIAN · UNITED ARAB EMIRATES · Age 61

Persons with Significant Control

Masada Ltd

75–100% shares
75–100% votes

19, The Circle, London, SE1 2JE

Reg: 11276342 · Registrar Of Companies · Private Limited Company

Notified 01/03/2023

Former PSCs

Mr Edoardo Narduzzi

Ceased 01/04/2020

Trustmyphone S.R.L.

Ceased 20/07/2020

Masada Ltd

Ceased 20/07/2020

Mr Edoardo Narduzzi

Ceased 01/03/2023

CompanyRankvs 46083+ SIC 62012 peers
26

Financial strength2th percentile among SIC peers · 1/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.58× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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46083Funtech Games Ltd
31
How is this score calculated?
Financial strength1/25 pts

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

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 30/06/2025

Net Worth

-£437k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£504k

Working capital

Current Assets

£685k

Current Liabilities

£1.2M

Fixed Assets

£67k

Debtors

£685k

1avg. employees

Director Loans

Company owes directors£63k

Balance Sheet

Intangible assets£52k
Assets less current liabilities-£437k
Signed by Mr Edoardo Narduzzi 27/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.58+£0
20250.58+£285k
20240.34-£426k
20230.41-£269k
20210.82—

Derived from filed accounts. Not audited figures.