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African Foundation For Development (Afford)

04772972

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

RICH MIX BUILDING 35-47 BETHNAL GREEN ROAD, LONDON, E1 6LA
Incorporated 21/05/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85590
Other education

Officers

Mrs Olayinka Ewuola

director · Since 24/01/2007

INVESTMENT BANKER

NIGERIAN,BRITISH · ENGLAND · Age 45

Also on 1 other board

Mr Adeyemi Olusegun Abiose Daramy

director · Since 23/06/2014

CIVIL SERVANT

BRITISH · ENGLAND · Age 71

Also on 2 other boards

Miss Ndidi Njoku

director · Since 23/06/2014

REGULATORY COMPLIANCE

BRITISH · ENGLAND · Age 51

Also on 1 other board

Persons with Significant Control

Mr Adeyemi Olusegun Abiose Daramy

Significant control

British · England · Age 71

10, Scotts Road, Bromley, BR1 3QD

Notified 06/04/2016

Ms Ndidi Njoku

Significant control

British · England · Age 51

60, Lincoln Road, Enfield, EN1 1JS

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

GLAXEN INVESTMENTS LIMITED

Created 20/08/2009Registered 10/09/2009Satisfied 09/07/2019

CompanyRankvs 1748+ SIC 85590 peers
80

Financial strength92th percentile among SIC peers · 23/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 2.18× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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1748African Foundation For Development (Afford)
80
How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees7/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£104k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£104k

Working capital

Current Assets

£192k

Current Liabilities

£88k

1avg. employees

Balance Sheet

Assets less current liabilities£104k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20252.18

Derived from filed accounts. Not audited figures.