Back to search

Freddies Afro Caribbean Ltd

11014317

active
Private Limited Company
Companies House
Health Score
95 / 100

Healthy

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

Details

33-35 WHITLEY STREET, READING, RG2 0EG
Incorporated 16/10/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47190
Other retail sale in non-specialised stores

Officers

Mr Frederick Otoo

director · Since 01/05/2019

GENERAL MANAGER

GHANAIAN · ENGLAND · Age 42

Also on 1 other board

Persons with Significant Control

Mr Frederick Otoo

75–100% shares
75–100% votes

Ghanaian · England · Age 42

33, Whitley Street, Reading, RG2 0EG

Notified 01/05/2019

Former PSCs

Mrs Georgina Gyamfi Wireko

Ceased 01/05/2019

CompanyRankvs 6884+ SIC 47190 peers
63

Financial strength94th percentile among SIC peers · 24/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.6× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength24/25 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.

Liquidity6/20 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 31/10/2024

Turnover

£1.9M

Annual revenue

Net Worth

£235k

Balance sheet strength

Cash

£35k

Cash in the bank

Profit Before Tax

£153k

Bottom line earnings

Net Current Assets

-£66k

Working capital

Current Assets

£99k

Current Liabilities

£165k

Fixed Assets

£302k

Debtors

£34k

Cost of Sales

£1.6M

Gross Profit

£326k

Admin Expenses

£165k

Operating Profit

£161k

Profit After Tax

£115k

2avg. employees

Tax at Year End

Corp tax£118k
VAT£20k

Director Loans

Directors owe company£34k

Balance Sheet

Assets less current liabilities£235k
Signed by Mr Frederick Otoo 31 October 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.60+£89k£396k
20231.80+£59k
20221.92+£54k
20211.76£125k

Derived from filed accounts. Not audited figures.