FUNK DESIGNS LIMITED
🌳Matureactive
03373410 · ltd · incorporated 1997-05-19
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 13.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£827.8k
book net assets
Opportunity
83/100
Exceptional
What this business does
Primary activity: SIC 46760
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 69-year-old founder — textbook succession opportunity.
Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 69). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
1 live charge · oldest 13.1y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 13.1 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
9 officers (4 active, 9 linked, 5 with DOB)
81
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
101 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £827,846
Net assets shrinking
Down £52,521 YoY
Cash YoY
+19%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£849k
↑ 19% YoY
Net Worth
£828k
↓ 6.0% YoY
Current Assets
£880k
↓ 19% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £827.8k | £880.4k |
| Current assets | £880.1k | £1.09M |
| Cash | £849.3k | £711.7k |
| Debtors | £30.9k | £194.0k |
| Net assets | £827.8k | £880.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
- 2025-11-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-02📄resolutionresolution · RESOLUTIONS
- 2025-01-02📄memorandum-articlesincorporation · MA
- 2024-12-28📄capital-name-of-class-of-sharescapital · SH08
- 2024-12-28📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2024-11-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-26📄capital-return-purchase-own-sharescapital · SH03
- 2024-05-20📄change-person-director-company-with-change-dateofficers · CH01
- 2024-05-20📄change-person-director-company-with-change-dateofficers · CH01
- 2024-05-20📄change-person-secretary-company-with-change-dateofficers · CH03
- 2024-05-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-05-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-04-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-11-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-11-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-24➖WHITE, John David resigneddirector
- 2022-05-23📄change-person-director-company-with-change-dateofficers · CH01
- 2021-11-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-01➕PETERSON, Deborah Ann appointedsecretary
- 2018-11-01➕PEACOCK, Donna Louise appointeddirector
- 2018-11-01➖WHITE, John David resignedsecretary
- 2014-08-28➕JOHNSON, Leslie appointeddirector
- 2013-06-20🔒Charge registered #1Lender: Barclays Bank PLC
- 2006-03-01➕PETERSON, Timothy appointeddirector
- 2006-03-01➖GOLD, Mark resigneddirector
- 1997-05-19🏢Company incorporatedAs FUNK DESIGNS LIMITED
- 1997-05-19➕WHITE, John David appointedsecretary
- 1997-05-19➕LONDON LAW SECRETARIAL LIMITED appointedcorporate-nominee-secretary
- 1997-05-19➖LONDON LAW SECRETARIAL LIMITED resignedcorporate-nominee-secretary
- 1997-05-19➕GOLD, Mark appointeddirector
- 1997-05-19➕WHITE, John David appointeddirector
- 1997-05-19➕LONDON LAW SERVICES LIMITED appointedcorporate-nominee-director
- 1997-05-19➖LONDON LAW SERVICES LIMITED resignedcorporate-nominee-director
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 69 — succession pressure is live.
Succession & seller-readiness
80/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
- primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 29 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Leslie Johnson Individual · British · DOB 12/1957 · age 69 | — | — | sig. influencesignificant influence | 06/04/2016 |
Mr Timothy Peterson Individual · British · DOB 02/1963 · age 63 | — | — | sig. influencesignificant influence | 06/04/2016 |
1 historic (ceased) PSC
- John David Whiteceased 24/10/2022· significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Wholesale & distribution · DH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| DURHAM FUEL CENTRE LTD.→ 15006516 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ETIKA CLOTHING LTD→ 11857127 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| GET DRESSED FOR BATTLE LTD→ 03650315 · est 1998 · no financials extracted | — | — | — | — | 27y | — | — |
| GOSHEN INTERNATIONAL LTD→ 14877339 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| GQ WHOLESALE LTD→ 14405486 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| GREENCROFT BOTTLING COMPANY LIMITED→ 04768870 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| GT CLEANING MACHINES LIMITED→ 04194750 · est 2001 · no financials extracted | — | — | — | — | 25y | — | — |
| GYMFLUENCE ACTIVEWEAR LIMITED→ 12668108 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| HARVIES OF EDINBURGH LIMITED→ 04445477 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| HBH MACHINERY LTD→ 11759427 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| HC CONVEYORS LIMITED→ 14606574 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| HF DRINKS LIMITED→ 17081427 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →🔒Advanced scoring suite
Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Statusactive
Typeltd
Incorporated1997-05-19
Jurisdictionengland-wales
Primary SIC46760 — SIC 46760
Registered office
Kepier House
Belmont Business Park
Durham
DH1 1TW
United Kingdom
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-06-02
Last: 2026-05-19
Officers (4 active · 5 resigned)
PETERSON, Deborah Ann→
Activesecretary · appointed 2018-11-01
View their other companies + combined net worth →
JOHNSON, Leslie→
Activedirector · ~69y · appointed 2014-08-28
View their other companies + combined net worth →
PEACOCK, Donna Louise→
Activedirector · ~60y · appointed 2018-11-01
View their other companies + combined net worth →
PETERSON, Timothy→
Activedirector · ~63y · appointed 2006-03-01
View their other companies + combined net worth →
WHITE, John David→
Resignedsecretary · appointed 1997-05-19 · resigned 2018-11-01
LONDON LAW SECRETARIAL LIMITED→
Resignedcorporate-nominee-secretary · appointed 1997-05-19 · resigned 1997-05-19
GOLD, Mark→
Resigneddirector · ~54y · appointed 1997-05-19 · resigned 2006-03-01
WHITE, John David→
Resigneddirector · ~66y · appointed 1997-05-19 · resigned 2022-10-24
LONDON LAW SERVICES LIMITED→
Resignedcorporate-nominee-director · appointed 1997-05-19 · resigned 1997-05-19
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Barclays Barclays Bank PLC | A registered charge | 1 property | 20/06/2013 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (101 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-06-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-14
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-06
resolution
resolution · RESOLUTIONS
2025-01-02
memorandum-articles
incorporation · MA
2025-01-02
capital-name-of-class-of-shares
capital · SH08
2024-12-28
capital-variation-of-rights-attached-to-shares
capital · SH10
2024-12-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-29
capital-return-purchase-own-shares
capital · SH03
2024-11-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-20
change-person-director-company-with-change-date
officers · CH01
2024-05-20
change-person-director-company-with-change-date
officers · CH01
2024-05-20
change-person-secretary-company-with-change-date
officers · CH03
2024-05-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-20