Trafix Finance Ltd
09920323
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Jaffer Abbas
British · England · Age 49
Lower Ground Floor, 22 City Road, London, EC1Y 2AJ
Notified 29/12/2016
Trafix Iq Ltd
65, Compton Street, London, EC1V 0BN
Reg: 10722261 · Uk Registered Company · Private Limited Company
Notified 29/05/2017
CompanyRankvs 18695+ SIC 64999 peers39
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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 31/12/2024
Net Worth
-£236k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£199k
Working capital
Current Assets
£291k
Current Liabilities
£490k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.59 | -£74k |
| 2023 | 0.07 | -£78k |
| 2022 | 0.85 | -£58k |
| 2021 | 1.17 | +£33k |
| 2020 | 0.94 | -£62k |
| 2019 | 1.02 | +£4k |
| 2018 | 1.00 | — |
Derived from filed accounts. Not audited figures.