West African Merchant (Wam) Limited
10213747
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
30/06/2025
dormant
Next accounts due
31/03/2027
Confirmation statement
Last: 29/11/2025
Due 13/12/2026
Industry
Officers
Former
corporate secretary · Resigned 30/09/2016
director · Resigned 18/10/2016
director · Resigned 29/12/2021
director · Resigned 22/10/2022
Persons with Significant Control
Mr Ayodele Akapo
British · England · Age 62
Unit 36, Waterham Business Park, Highstreet Road, Faversham, ME13 9EJ
Notified 01/06/2020
Former PSCs
Ms Omotayo Kempe Omideyi
Ceased 01/12/2021
Change History
Active
Private Limited Company
UNIT 36, WATERHAM BUSINESS PARK HIGHSTREET ROAD
FAVERSHAM
CompanyRankvs 2819+ SIC 10890 peers32
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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 30/06/2025
Net Worth
-£57k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£5k
Working capital
Current Assets
-£5k
Current Liabilities
£52k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | -0.10 | +£0 |
| 2025 | -0.10 | +£0 |
| 2024 | -0.10 | +£0 |
| 2023 | -0.10 | +£0 |
| 2022 | -0.10 | -£604 |
| 2021 | 0.03 | -£29k |
Derived from filed accounts. Not audited figures.