# FUNKY ON THRIFT LTD (14922701)

> FUNKY ON THRIFT LTD is an active private limited company (company number 14922701) incorporated on 8 June 2023, registered in Ammanford. Its registered activity is other retail sale in non-specialised stores (SIC 47190). Latest micro accounts cover the period ending 30 June 2025, showing net assets of −£2,171, with 1 employee on average. Turnover was £6,163 and profit for the year −£3,053. Net assets fell 168% on the prior period (£3,191).

- Status: Active
- Incorporated: 2023-06-08
- Registered office: Ammanford, SA18 1PA
- SIC 47190: Other retail sale in non-specialised stores
- SIC 47910: Retail sale via mail order houses or via Internet
- SIC 47990: Other retail sale not in stores, stalls or markets
- Next accounts due: 2027-03-30
- Confirmation statement due: 2027-06-22
- Accounts type: MICRO ENTITY

By net assets it sits in the lower half of 141 comparable companies in Swansea (median £1,947, upper quartile £49k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-06-30 | −£2,171 | — | — | £6,820 | £6,163 | −£3,053 | 1 |
| 2024-06-30 | £3,191 | — | — | £3,399 | £8,968 | −£1,784 | — |

current ratio 0.59; net margin -49.5%; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-2,171 at 30 June 2025
- Net assets down 25% or more on the prior period: -168.0% vs prior period
- Current assets below creditors within one year: Current ratio 0.59
- Incorporated two to five years ago: Incorporated 8 June 2023

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Sipho Donovan — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2023-06-08

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/14922701
HTML: https://firmoscan.com/company/14922701-funky-on-thrift-ltd