Bifunction Ltd
12243685
Some Concerns
- Current liabilities exceed current assets (-10)
- Active insolvency proceedings (-20)
Details
Compliance
Last accounts
31/08/2025
micro entity
Next accounts due
31/05/2027
Confirmation statement
Last: 20/01/2026
Due 03/02/2027
Industry
Officers
Persons with Significant Control
Mr Veysel Tosun
Turkish · England · Age 39
Court House, The Old Police Station, Ashby-De-La-Zouch, LE65 1BR
Notified 04/10/2019
Former PSCs
Meltem Meryem Ayyildiz Tosun
Ceased 20/01/2021
Insolvency History1 case
Jeremy Charles Frost (practitioner)
CompanyRankvs 9924+ SIC 62012 peers61
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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.
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 31/08/2025
Net Worth
£122k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£119k
Working capital
Current Assets
£122k
Current Liabilities
£2k
Fixed Assets
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 53.84 | -£80k |
| 2024 | 28.43 | +£71k |
| 2023 | 5.51 | +£0 |
| 2023 | 5.51 | — |
Derived from filed accounts. Not audited figures.