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Top African Food Store Ltd

08488551

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

155 HYLTON ROAD, SUNDERLAND, SR4 7YF
Incorporated 15/04/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating
47290
Other retail sale of food in specialised stores

Officers

Mrs Titilayo Temitayo Owolana

director · Since 07/12/2019

PHARMACIST

BRITISH · ENGLAND · Age 39

Also on 10 other boards

Persons with Significant Control

Mrs Titilayo Temitayo Owolana

75–100% shares

British · England · Age 39

7, Matamba Terrace, Sunderland, SR4 7AZ

Notified 18/12/2019

Former PSCs

Mr Oluwasesan Owolana

Ceased 18/12/2019

CompanyRankvs 1318+ SIC 47110 peers
78

Financial strength77th percentile among SIC peers · 19/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 4.39× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 pts

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

Employees11/15 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.

Longevity13/15 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 30/04/2023

Net Worth

£42k

Balance sheet strength

Cash

£42k

Cash in the bank

Net Current Assets

£79k

Working capital

Current Assets

£102k

Current Liabilities

£23k

Debtors

£34k

5avg. employees

Balance Sheet

Bank loans & overdrafts£37k
Assets less current liabilities£79k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20234.39+£8k
202215.70+£22k
202116.27+£6k
202042.77+£411
20192.46-£1k
20182.05

Derived from filed accounts. Not audited figures.