UK Companies House feature
FUNDAPPS LTD
Cash
£10M
+149.3% vs 2023
Net assets
£2M
+187.3% vs 2023
Employees
107
0% vs 2023
Profit before tax
—
Period ending 2024-12-31
Profile
- Company number
- 07380035
- Status
- Active
- Incorporation
- 2010-09-17
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 62020
Net assets
6-year trend · vs UK AI & Enterprise SaaS median
Accounts
6-year trend · latest 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | — | |
| Net profit | -£59,626 | £2,069,607 | -£1,435,513 | -£1,387,827 | -£1,610,044 | £3,163,852 | |
| Cash | £2,847,868 | £7,365,986 | — | £5,612,686 | £3,993,765 | £9,958,107 | |
| Total assets less current liabilities | £294,431 | — | — | — | -£1,713,350 | £1,541,804 | |
| Net assets | £281,615 | £2,161,865 | — | -£204,632 | -£1,738,314 | £1,518,158 | |
| Equity | £281,615 | — | — | — | -£1,738,314 | £1,518,158 | |
| Average employees | 51 | 56 | 66 | 96 | 107 | 107 | |
| Wages | £3,340,837 | £3,656,788 | — | £7,376,816 | £9,216,527 | £10,430,741 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated (group)
- Auditor
- Moore Kingston Smith LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The group made pre tax profits of £2.6m in the financial year following two years of losses due to investment in headcount and the rules engine architecture. These profits, combined with the groups significant cash reserves at the year end, means that the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the 12 months following the date of approval of the financial statements. Thus the directors continue to adapt the going concern basis of accounting in preparing the financial statements”
Subsidiaries
- FundApps Inc · 100% held · USA · Group sales & support
- FundApps PTE Ltd · 100% held · Singapore · Group sales & support
Significant events
- “Gathered all global employees in London for our 'Away Week' - a mixture of team offsites, a Learning Festival for our FundAppers and company wide team building activities.”
- “Maintained a mean gender pay gap of <1% through flexible working practices, industry benchmarking and a focus on inclusive recruitment and promotion practices.”
- “Continued our commitment to innovative flexible work and wellbeing initiatives, providing team members with greater choice in work arrangements and a broad suite of physical, mental, emotional and financial wellbeing offerings. In 2024, we added life assurance and income protection to our standard benefits.”
- “Deepened our community impact with volunteering projects - our staff volunteering hours increased almost 40% compared to 2023.”
- “Increased our charitable giving to £135k in 2024 and thus achieving our intention to donate 0.5% of revenues.”
- “Following offset our 728 tonnes of carbon dioxide emissions in 2022, continuing our commitment to be Carbon Neutral. We are showing climate leadership by investing in removal projects which are optimised to favour the technological removal strategies that are vital to achieving global climate goals. We will seek to offset our 2023 emissions the same way in the 2025 financial year.”
- “FundApps continued this strong commitment through several initiatives and investments for its people, local communities and the environment”
- “FundApps is currently undergoing the B Corp recertification process, with results to be announced during 2025.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
3 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WHITE, Andrew Patrick | Secretary | 2024-02-01 | — | — |
| SYAL, Vivek | Director | 2025-07-11 | Jan 1973 | British |
| WHITE, Andrew Patrick | Director | 2010-09-17 | Apr 1973 | Irish |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CROWLEY, James Bernard | Secretary | 2018-08-31 | 2021-05-01 |
| CONROY, Angus Mark | Director | 2022-06-20 | 2023-04-28 |
| MUNCH, Torben | Director | 2022-04-06 | 2025-07-11 |
| ROBISON, Antony Lawrence | Director | 2021-05-01 | 2025-07-11 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Rio Group Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-07-11 | Active |
| Mr Andrew Patrick White | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-04-06 | Ceased 2025-07-11 |
Filing timeline
Last 20 of 86 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-10-14 | RESOLUTIONS | resolution | resolution |
| 2025-10-14 | MA | incorporation | memorandum articles |
| 2025-10-10 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-10-10 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-10-10 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2025-10-01 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-10-01 | SH01 | capital | capital allotment shares |
| 2025-07-28 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2025-07-25 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2025-07-25 | TM01 | officers | termination director company with name termination date |
| 2025-07-25 | TM01 | officers | termination director company with name termination date |
| 2025-07-25 | AP01 | officers | appoint person director company with name date |
| 2025-06-12 | AA | accounts | accounts with accounts type group |
| 2025-04-30 | RESOLUTIONS | resolution | resolution |
| 2024-12-04 | AAMD | accounts | accounts amended with accounts type group |
| 2024-09-30 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-08-29 | AA | accounts | accounts with accounts type group |
| 2024-02-02 | AP03 | officers | appoint person secretary company with name date |
| 2023-10-31 | RP04CS01 | confirmation-statement | second filing of confirmation statement with made up date |
| 2023-10-31 | RP04CS01 | confirmation-statement | second filing of confirmation statement with made up date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory