- Companies
- Mechanics and garages
- London
- Functioning Business Limited
Functioning Business Limited
- Company number
- 12552496
- Incorporated
- 9 Apr 20206 years trading
- Registered office
- 20 Wenlock Road, London, N1 7GU
- Nature of business
- Maintenance and repair of motor vehicles
Functioning Business Limited is a 6-year-old private limited company registered in London, company number 12552496, one of 2,410 vehicle repair garages in London. Its next accounts are due at Companies House on 28 February 2027, and the CT600 for the period to 31 May 2026 is due at HMRC on 31 May 2027.
Key dates
Worked out from the year end and filing history on the Companies House register.
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Finances
From each year's balance sheet filed at Companies House. Small companies do not have to publish turnover or profit, so these are balance sheet figures.
- Net assets down £2,115 (-7.3%) on the year before, to -£31K.
- Net assets rose in 0 of 4 year-on-year comparisons on record.
- Current assets of £14K against £47K owed within a year: 0.3 times cover.
- 1 employee on average during the year.
- Balance sheets on record for 5 years, 2021 to 2025.
Net assets by year
| Year end | Net assets | Cash | Current assets | Owed within a year | Employees |
|---|---|---|---|---|---|
| 31 May 2025 | -£31K | £14K | £47K | 1 | |
| 31 May 2024 | -£29K | £14K | £46K | 1 | |
| 30 Apr 2023 | £1 | £1 | |||
| 30 Apr 2022 | £1 | £1 | |||
| 30 Apr 2021 | £1 | £1 | 1 |
Where Functioning Business Limited is registered
The registered office is in London (N1), in the Hackney local authority area, London. Show N1 7GU on a map.
Other trade companies in N1
- Tagwise LtdSpecialist contractors
- Sphere Aviation Solutions UK LtdMachinery repair and installation
- Get IT Done Builders LtdJoiners and carpenters
- Evolution Products LimitedMotor traders
- Fleetstone Trading LtdMotor traders
- Kenneth Brady LtdElectricians
- UK Import Export LtdBuilders
- Magic Door Services LimitedMachinery repair and installation
Shared registered office
1,583 companies on our pages use this registered office address. An address shared this widely is usually an accountant's office or a company formation agent's service address, not where the business trades from.
What happens if Functioning Business Limited files late
Companies House charges an automatic penalty the day after the deadline, and it rises the longer the accounts are late. These are the dates for this company's accounts due on 28 February 2027.
| Companies House | Accounts delivered | Penalty |
|---|---|---|
| Up to 1 month late | 1 Mar 2027 to 31 Mar 2027 | £150 |
| 1 to 3 months late | 1 Apr 2027 to 31 May 2027 | £375 |
| 3 to 6 months late | 1 Jun 2027 to 31 Aug 2027 | £750 |
| More than 6 months late | From 1 Sep 2027 | £1,500 |
Penalties double if the accounts were also late the year before.
| HMRC (CT600) | From | Penalty |
|---|---|---|
| 1 day late | 1 Jun 2027 | £200 |
| 3 months late | 31 Aug 2027 | another £200 |
| 6 months late | 30 Nov 2027 | HMRC estimates the tax and adds 10% of the unpaid tax |
| 12 months late | 31 May 2028 | another 10% of any unpaid tax |
For returns filed on or after 1 April 2026. Late three times in a row and the £200 penalties become £1,000 each.
Company details
As held on the Companies House register.
- Company number
- 12552496
- Status
- Active
- Company type
- Private limited company
- Incorporated
- 9 April 2020 (6 years ago)
- Registered office
- 20 Wenlock Road, London, N1 7GU
- Nature of business
- Maintenance and repair of motor vehicles (SIC 45200)
- Year end
- 31 May (accounting reference date)
- Accounts type
- Micro-entity
- Last accounts made up to
- 31 May 2025
- Last confirmation statement
- 23 June 2026
Filing notes for vehicle repair garages
Garages hold parts stock and often own diagnostic equipment and ramps, which qualify for capital allowances.
Similar companies in London
Other active vehicle repair garages registered in London.
- Fynx Auto Detailing Ltd2026
- Fyx Autos Ltd2024
- G & M Direct Hire Ltd2008
- G N R Motors Limited2005
- G S Motor Services Ltd2015
- G&A Technologies Limited2008
- G.M. Motorserve Ltd.2011
- G.S Garage Services & MOT Ltd2014
All vehicle repair garages in London · All trades in London · Mechanics and garages across the UK
Frequently asked questions
When are Functioning Business Limited's accounts due?
Functioning Business Limited's next accounts are due at Companies House by 28 February 2027 (in 139 days), covering the period to 31 May 2026.
When is Functioning Business Limited's CT600 due?
The CT600 for the period to 31 May 2026 is due at HMRC by 31 May 2027, 12 months after the period end. The corporation tax itself is payable earlier, by 1 March 2027.
Is Functioning Business Limited still trading?
Functioning Business Limited is listed as active on the Companies House register as of 1 Oct 2026. Active means it has not been dissolved or entered insolvency; it does not show whether it is currently taking on work.
What does Functioning Business Limited do?
Functioning Business Limited is registered under Maintenance and repair of motor vehicles (SIC 45200).
How old is Functioning Business Limited?
Functioning Business Limited was incorporated on 9 April 2020, 6 years ago.
What is the penalty if Functioning Business Limited files its accounts late?
Companies House charges £150 if the accounts are up to 1 month late, £375 up to 3 months, £750 up to 6 months and £1,500 after that, doubled if the previous year's accounts were also late. HMRC charges £200 for a CT600 filed a day late and another £200 at 3 months.
Official records
View Functioning Business Limited on Companies House for filed documents, officers and the full history.
Based on the Companies House register (snapshot 1 Oct 2026). Deadlines are worked out from the register and assume a standard accounting period; a change of year end or a short period moves them. This page is general information, not tax or accountancy advice.