Afo Resources (Uk) Ltd
09998066
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
28/02/2025
micro entity
Next accounts due
30/11/2026
Confirmation statement
Last: 01/05/2025
Due 15/05/2026
Industry
Officers
director · Since 10/02/2016
SHIPPING AGENT
NIGERIAN · ENGLAND · Age 55
Persons with Significant Control
Mr Afolagbade Olanrewaju Titilola
Nigerian · England · Age 55
25, Bovey Way, South Ockendon, RM15 5BS
Notified 25/11/2019
Former PSCs
Mr Afolagbade Olanrewaju Titilola
Ceased 25/11/2019
CompanyRankvs 17247+ SIC 78109 peers33
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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 28/02/2025
Net Worth
-£877
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£273
Current Liabilities
£3k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.09 | — |
| 2024 | 0.16 | +£487 |
| 2023 | 0.02 | +£865 |
| 2022 | 0.33 | +£2k |
| 2021 | 0.13 | -£2k |
| 2020 | — | -£113 |
Derived from filed accounts. Not audited figures.