Africawad Recycling Community Interest Company
09834002
Healthy
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/10/2024
BUSINESS EXECUTIVE
FRENCH · ENGLAND · Age 52
CompanyRankvs 1278+ SIC 39000 peers52
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2022
Turnover
£193k
Annual revenue
Net Worth
-£9k
Balance sheet strength
Cash
£27k
Cash in the bank
Profit Before Tax
£400
Bottom line earnings
Net Current Assets
£1k
Working capital
Current Assets
£91k
Current Liabilities
£90k
Cost of Sales
£206k
Gross Profit
-£13k
Admin Expenses
£37k
Operating Profit
£1k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 1.01 | +£292 |
| 2021 | 1.09 | — |
Derived from filed accounts. Not audited figures.