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Functionall Ltd

13559475

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

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

Details

34 ETHNARD ROAD, LONDON, SE15 1RU
Incorporated 11/08/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47710
Retail sale of clothing in specialised stores
93130
Fitness facilities
96040
Physical well-being activities

Officers

Mr Kirt Abeleda

director · Since 11/08/2021

MANAGER

BRITISH · ENGLAND · Age 37

Also on 2 other boards

Persons with Significant Control

Mr Kirt Abeleda

25–50% shares
25–50% votes
Appoint directors

British · England · Age 37

34, Ethnard Road, London, SE15 1RU

Notified 11/08/2021

Former PSCs

Mr George Zito

Ceased 26/09/2022

Mr Christopher Tordecilla

Ceased 20/08/2023

CompanyRankvs 12640+ SIC 47710 peers
39

Financial strength25th percentile among SIC peers · 6/25
Employees45th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.57× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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12640Functionall Ltd
34
How is this score calculated?
Financial strength6/25 pts

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

Employees7/15 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.

Longevity5/15 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 31/08/2024

Net Worth

-£149

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£149

Working capital

Current Assets

£196

Current Liabilities

£345

1avg. employees

Balance Sheet

Assets less current liabilities-£149
Signed by 1.9.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
20240.57
20230.02

Derived from filed accounts. Not audited figures.