Back to search

Nacion Limited

10633267

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

5 ROWDON AVENUE, LONDON, NW10 2AJ
Incorporated 22/02/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10840
Manufacture of condiments and seasonings
46380
Wholesale of other food, including fish, crustaceans and molluscs
46390
Non-specialised wholesale of food, beverages and tobacco
47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Yusuf Abiodun Alao

director · Since 22/02/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Persons with Significant Control

Mr Yusuf Abiodun Alao

75–100% shares
75–100% votes
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-firm

British · United Kingdom · Age 46

5 Rowdon Avenue, 5 Rowdon Avenue, London, NW10 2AJ

Notified 22/02/2017

CompanyRankvs 549+ SIC 10840 peers
30

Financial strength4th percentile among SIC peers · 1/25
Employees23th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Seasoners Fine Food Limited
90
2Ellsey And Company (Lancs)Limited
89
3Drywite Limited
89
4Arcadia Food Industries Limited
89
5The Anglesey Sea Salt Company Limited
89
6Quality Food Ingredients Company Limited
89
7Progen International Limited
89
8Hendersons (Sheffield) Limited
88
9Maysan Foods Limited
88
10B. I. Limited
88
549Nacion Limited
30
How is this score calculated?
Financial strength1/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 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 28/02/2025

Net Worth

-£93k

Balance sheet strength

Cash

£574

Cash in the bank

Net Current Assets

-£93k

Working capital

Current Assets

£4k

Current Liabilities

£97k

0avg. employees-1
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.04+£30k
20240.04-£48k
20230.05-£38k
20220.14-£9k
20210.08-£8k
20200.23-£11k
20190.40-£1k
20180.21—

Derived from filed accounts. Not audited figures.