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Afrifood Limited

10900420

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

FLOOR C INGENUITY LAB, INGENUITY CENTRE, NOTTINGHAM, NG7 2TU
Incorporated 04/08/2017

Compliance

Last accounts

31/08/2024

micro entity

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 03/08/2025

Due 17/08/2026

On track

Industry

56290
Other food service activities

Officers

Mr Taofeek Babajide Ajibike

director · Since 04/08/2017

ENTREPRENEUR

NIGERIAN · UNITED KINGDOM · Age 40

Also on 2 other boards

Persons with Significant Control

Mr Taofeek Babajide Ajibike

Significant control
significant-influence-or-control-as-trust
significant-influence-or-control-as-firm

Nigerian · England · Age 40

Floor C, Ingenuity Lab, Ingenuity Centre, Nottingham, NG7 2TU

Notified 10/05/2023

Former PSCs

Mr. Taofeek Babajide Ajibike

Ceased 16/07/2020

Mr Jamiu Opeyemi Adebayo

Ceased 01/05/2023

CompanyRankvs 5059+ SIC 56290 peers
59

Financial strength54th percentile among SIC peers · 14/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.01× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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5059Afrifood Limited
58
How is this score calculated?
Financial strength14/25 pts

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

Employees9/15 pts

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

Liquidity12/20 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 31/08/2024

Net Worth

£717

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£5k

Working capital

Current Assets

£29k

Current Liabilities

£29k

Fixed Assets

£450

2avg. employees

Balance Sheet

Assets less current liabilities£5k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20241.01
20230.84

Derived from filed accounts. Not audited figures.