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Friends Of Africa Consortium (Foacon)

05186166

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

59 EXNING ROAD, E16 4NE
Incorporated 21/07/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

94990
Activities of other membership organisations

Officers

Mrs Alberta Ghann Ghann

director · Since 21/07/2004

STAFF NURSE

BRITISH · UNITED KINGDOM · Age 73

Dr Moses Oladipo Olagunju

director · Since 21/07/2004

TEACHER AND MINISTER OF RELIGI

BRITISH · ENGLAND · Age 72

Also on 1 other board

Mr Moses Owolabi

director · Since 27/10/2005

DIRECTOR

BRITISH · ENGLAND · Age 87

Also on 2 other boards

Persons with Significant Control

Mr Moses Owolabi

Significant control

British · England · Age 87

32, Colless Road, London, N15 4NR

Notified 22/07/2016

CompanyRankvs 2810+ SIC 94990 peers
59

Financial strength70th percentile among SIC peers · 18/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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90
2North & Western Lancashire Chamber Of Commerce
90
3The British Show Jumping Association
90
4The Feathers Association
90
5English Folk Dance And Song Society(The)
90
6Energy Industries Council
90
7Essex Wildlife Trust Limited
90
8The International Cotton Association Limited
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9The Association For Decentralised Energy
90
10The Motor Cycle Industry Association Limited
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2810Friends Of Africa Consortium (Foacon)
59
How is this score calculated?
Financial strength18/25 pts

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

Employees9/15 pts

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

Liquidity2/20 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 31/07/2024

Net Worth

£20k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£20k

Working capital

Current Assets

£50

Current Liabilities

£20k

1avg. employees

Balance Sheet

Assets less current liabilities£20k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00-£50
20230.00+£11
20220.00+£40k
20210.01-£30
20200.01—

Derived from filed accounts. Not audited figures.