THE FUNKY APPLIANCE COMPANY LIMITED a Home & Personal business raised £ 171,359 via a Equity raise funded on 7 Mar 2020

Seedrs

Who are THE FUNKY APPLIANCE COMPANY LIMITED

THE FUNKY APPLIANCE COMPANY LIMITED is located in London.

We take popular small domestic appliances and give them a funky twist.

In Q4 of 2019, one of the world’s leaders in small domestic appliances business wanted to buy our business outright. They told us that the work which had gone into building our business was admirable and that there is no doubt that the designs created on all products have a true stand out. They wouldn’t meet our buy price, so we told them that we would be concentrating on growing our business in 2020.

Company details for THE FUNKY APPLIANCE COMPANY LIMITED

The company was incorporated as a Private limited with Share Capital on 23 Jun 2016 and is registered in the UK at Companies House with Company Number 10248770

The sector the business operates in is described at Companies House as 27510 – Manufacture of electric domestic appliances with its registered office at 130 OLD STREET
LONDON
EC1V 9BD.

Current status of the company is Active.

How much was raised in the The Funky Appliance Company Seedrs Crowdfunding Campaign

Company funded on 7 Mar 2020 with £171,359 at a pre money valuation of £3,851,554 . The target raise was £150,002 for 3.75% of the equity of the company.

The raise was a Equity raise.

The company operates in the sectors Home & Personal , Mixed Digital/Non-Digital and Mixed B2B/B2C .

What information do the filings at Companies House provide about the Company

Last accounts made up to 31 August 2019 filed by the company show

  1. Cash £0
  2. Net Worth £129.1k
  3. Total Liabilities £48.2k
  4. Net Assets £129.1k

The records indicate the company has total directors of 2 and 5 shareholders.

Accounts Filing Status

  1. Last Accounts – Last accounts made up to 31 August 2019
  2. Last accounts made up to 31 August 2019

Confirmation Statement Status

  1. Last Confirmation Statement – Last statement dated 22 June 2020
  2. Next statement date 22 June 2021
    due by 6 July 2021

Filings Recently Made By THE FUNKY APPLIANCE COMPANY LIMITED

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