The Afar Corporation Limited
03824701
Some Concerns
- Current liabilities exceed current assets (-10)
- 4 outstanding charges (-8)
Details
Compliance
Last accounts
31/01/2025
micro entity
Next accounts due
31/10/2026
Confirmation statement
Last: 22/08/2025
Due 05/09/2026
Industry
Officers
Former
director · Resigned 17/09/1999
secretary · Resigned 01/10/2002
director · Resigned 01/10/2002
secretary · Resigned 16/11/2007
secretary · Resigned 01/05/2014
secretary · Resigned 01/09/2015
director · Resigned 03/08/2022
Persons with Significant Control
Mr Andrew Mark Readman
British · England · Age 65
38 Cornwall Road, SE1 8TJ
Notified 06/04/2016
Charges4 outstanding
LLOYDS TSB BANK PLC
LLOYDS TSB BANK PLC
BARCLAYS BANK PLC T/AS THE WOOLWICH
BARCLAYS BANK PLC
BARCLAYS BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
HSBC BANK PLC
HSBC BANK PLC
HSBC BANK PLC
HSBC BANK PLC
Change History
Active
Private Limited Company
38 CORNWALL ROAD
CompanyRankvs 48495+ SIC 68209 peers58
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/01/2025
Net Worth
£758k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£183k
Working capital
Current Assets
£222k
Current Liabilities
£405k
Fixed Assets
£1.8M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.55 | +£16k |
| 2024 | 0.16 | +£40k |
| 2023 | 0.74 | +£128k |
| 2022 | 1.18 | — |
Derived from filed accounts. Not audited figures.
Filing History100 filings
accounts with accounts type micro entity
confirmation statement with no updates
accounts with accounts type micro entity
confirmation statement with no updates
confirmation statement with no updates
accounts with accounts type unaudited abridged
accounts with accounts type unaudited abridged
confirmation statement with updates
termination director company with name termination date
confirmation statement with no updates
accounts with accounts type total exemption full
confirmation statement with no updates
accounts with accounts type total exemption full
confirmation statement with no updates
accounts with accounts type total exemption full
confirmation statement with no updates
accounts with accounts type total exemption full
accounts amended with accounts type total exemption full
appoint person director company with name date
confirmation statement with updates
accounts with accounts type total exemption full
confirmation statement with no updates
gazette filings brought up to date
accounts with accounts type total exemption full
gazette notice compulsory
confirmation statement with updates
accounts with accounts type total exemption small
mortgage satisfy charge full
annual return company with made up date full list shareholders
termination secretary company with name termination date
accounts with accounts type total exemption small
annual return company with made up date full list shareholders
accounts amended with accounts type total exemption small
appoint person secretary company with name
termination secretary company with name
accounts with accounts type total exemption small
annual return company with made up date full list shareholders
accounts amended with made up date
accounts with accounts type total exemption small
annual return company with made up date full list shareholders
accounts amended with made up date
accounts with accounts type total exemption small
annual return company with made up date full list shareholders
accounts with accounts type total exemption small
annual return company with made up date full list shareholders
accounts with accounts type total exemption small
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accounts with accounts type total exemption small
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incorporation company