funktion finance limited
funktion finance limited Company Information
Company Number
10749862
Next Accounts
Mar 2025
Industry
Management consultancy activities (other than financial management)
Financial management
Shareholders
roxanne bater
lee bater
Group Structure
View All
Contact
Registered Address
suite 106 viney court, viney street, taunton, somerset, TA1 3FB
Website
-funktion finance limited Estimated Valuation
Pomanda estimates the enterprise value of FUNKTION FINANCE LIMITED at £50.4k based on a Turnover of £99.6k and 0.51x industry multiple (adjusted for size and gross margin).
funktion finance limited Estimated Valuation
Pomanda estimates the enterprise value of FUNKTION FINANCE LIMITED at £0 based on an EBITDA of £-1.6k and a 3.47x industry multiple (adjusted for size and gross margin).
funktion finance limited Estimated Valuation
Pomanda estimates the enterprise value of FUNKTION FINANCE LIMITED at £67.1k based on Net Assets of £22.2k and 3.02x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Funktion Finance Limited Overview
Funktion Finance Limited is a live company located in taunton, TA1 3FB with a Companies House number of 10749862. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in May 2017, it's largest shareholder is roxanne bater with a 50% stake. Funktion Finance Limited is a young, micro sized company, Pomanda has estimated its turnover at £99.6k with declining growth in recent years.
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Funktion Finance Limited Health Check
Pomanda's financial health check has awarded Funktion Finance Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £99.6k, make it smaller than the average company (£506.3k)
- Funktion Finance Limited
£506.3k - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (7.4%)
- Funktion Finance Limited
7.4% - Industry AVG
Production
with a gross margin of 29.1%, this company has a higher cost of product (68.1%)
- Funktion Finance Limited
68.1% - Industry AVG
Profitability
an operating margin of -1.6% make it less profitable than the average company (8.3%)
- Funktion Finance Limited
8.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Funktion Finance Limited
4 - Industry AVG
Pay Structure
on an average salary of £47.4k, the company has an equivalent pay structure (£47.4k)
- Funktion Finance Limited
£47.4k - Industry AVG
Efficiency
resulting in sales per employee of £49.8k, this is less efficient (£123.8k)
- Funktion Finance Limited
£123.8k - Industry AVG
Debtor Days
it gets paid by customers after 184 days, this is later than average (70 days)
- Funktion Finance Limited
70 days - Industry AVG
Creditor Days
its suppliers are paid after 88 days, this is slower than average (37 days)
- Funktion Finance Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Funktion Finance Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Funktion Finance Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 55.9%, this is a similar level of debt than the average (52.3%)
55.9% - Funktion Finance Limited
52.3% - Industry AVG
FUNKTION FINANCE LIMITED financials
Funktion Finance Limited's latest turnover from June 2023 is estimated at £99.6 thousand and the company has net assets of £22.2 thousand. According to their latest financial statements, Funktion Finance Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | ||||||
| Tax | ||||||
| Profit After Tax | ||||||
| Dividends Paid | ||||||
| Retained Profit | ||||||
| Employee Costs | ||||||
| Number Of Employees | 2 | 2 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 31 | 281 | 0 | 0 | 1,165 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 31 | 281 | 0 | 0 | 1,165 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 50,257 | 74,371 | 52,801 | 85,769 | 72,235 | 18,167 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 167 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 50,257 | 74,538 | 52,801 | 85,769 | 72,235 | 18,167 |
| total assets | 50,257 | 74,569 | 53,082 | 85,769 | 72,235 | 19,332 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 17,124 | 36,877 | 31,755 | 48,738 | 37,452 | 6,798 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 17,124 | 36,877 | 31,755 | 48,738 | 37,452 | 6,798 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 850 | 850 | 3,850 | 850 | 0 | 12,164 |
| other liabilities | 10,100 | 13,074 | 16,084 | 20,000 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 10,950 | 13,924 | 19,934 | 20,850 | 0 | 12,164 |
| total liabilities | 28,074 | 50,801 | 51,689 | 69,588 | 37,452 | 18,962 |
| net assets | 22,183 | 23,768 | 1,393 | 16,181 | 34,783 | 370 |
| total shareholders funds | 22,183 | 23,768 | 1,393 | 16,181 | 34,783 | 370 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 0 | 0 | ||||
| Amortisation | 0 | 0 | ||||
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -24,281 | 21,737 | -32,968 | 13,534 | 72,235 | 18,167 |
| Creditors | -19,753 | 5,122 | -16,983 | 11,286 | 37,452 | 6,798 |
| Accruals and Deferred Income | 0 | -3,000 | 3,000 | 850 | 0 | 12,164 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -2,974 | -3,010 | -3,916 | 20,000 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 |
funktion finance limited Credit Report and Business Information
Funktion Finance Limited Competitor Analysis
Perform a competitor analysis for funktion finance limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in TA1 area or any other competitors across 12 key performance metrics.
funktion finance limited Ownership
FUNKTION FINANCE LIMITED group structure
Funktion Finance Limited has no subsidiary companies.
Ultimate parent company
FUNKTION FINANCE LIMITED
10749862
funktion finance limited directors
Funktion Finance Limited currently has 2 directors. The longest serving directors include Mr Lee Bater (May 2017) and Mr Lee Bater (May 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Lee Bater | United Kingdom | 41 years | May 2017 | - | Director |
| Mr Lee Bater | England | 41 years | May 2017 | - | Director |
P&L
June 2023turnover
99.6k
-12%
operating profit
-1.6k
0%
gross margin
29.2%
-4.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
22.2k
-0.07%
total assets
50.3k
-0.33%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
funktion finance limited company details
company number
10749862
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
70221 - Financial management
incorporation date
May 2017
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
June 2023
previous names
apollo (bristol) limited (April 2020)
kreative consulting group limited (May 2017)
accountant
-
auditor
-
address
suite 106 viney court, viney street, taunton, somerset, TA1 3FB
Bank
-
Legal Advisor
-
funktion finance limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to funktion finance limited.
funktion finance limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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funktion finance limited Companies House Filings - See Documents
| date | description | view/download |
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