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Functional Technologies Ltd

15962870

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)
  • Current liabilities exceed current assets (-10)

Details

5 WOODSIDE, STOCKTON-ON-TEES, TS17 0ST
Incorporated 17/09/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing
71121
Engineering design activities for industrial process and production
71122
Engineering related scientific and technical consulting activities
71129
Other engineering activities

Officers

Mr Malcolm Knott

director · Since 17/09/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 2 other boards

Persons with Significant Control

Mr Malcolm Knott

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 71

5 Woodside, Ingleby Barwick, Stockton-On-Tees, TS17 0ST

Notified 17/09/2024

CompanyRankvs 14651+ SIC 32990 peers
28

Financial strength11th percentile among SIC peers · 3/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.57× · 6/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees2/15 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.

Longevity2/15 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 31/03/2026

Net Worth

-£10k

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

-£17k

Working capital

Current Assets

£23k

Current Liabilities

£40k

Fixed Assets

£7k

Debtors

£7k

0avg. employees

Balance Sheet

Assets less current liabilities-£10k
Prepared with Sage Accounts Production 25.0 - FRS102_2025

EstimatesDerived

YearCurrent RatioImplied Profit
20260.57-£4k
20250.58

Derived from filed accounts. Not audited figures.