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Afaq Enterprises Ltd

11303918

active
Private Limited Company
england wales
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

219 MORTLAKE ROAD, ILFORD, IG1 2TA
Incorporated 11/04/2018

Compliance

Last accounts

30/04/2025

total exemption full

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 10/04/2025

Due 24/04/2026

Overdue

Industry

47990
Other retail sale not in stores, stalls or markets

Officers

Mr Imtiaz Ali

director · Since 11/04/2018

DIRECTOR

PAKISTANI · UNITED KINGDOM · Age 37

Persons with Significant Control

Mr Imtiaz Ali

75–100% shares
Appoint directors

Pakistani · United Kingdom · Age 37

219, Mortlake Road, Ilford, IG1 2TA

Notified 11/04/2018

CompanyRankvs 11870+ SIC 47990 peers
51

Financial strength19th percentile among SIC peers · 5/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 66.66× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 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.

Liquidity20/20 pts

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

Longevity8/15 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 30/04/2026

Net Worth

-£1k

Balance sheet strength

Cash

£107

Cash in the bank

Net Current Assets

£13k

Working capital

Current Assets

£13k

Current Liabilities

£198

Debtors

£13k

0avg. employees

Balance Sheet

Bank loans & overdrafts£15k
Assets less current liabilities£13k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
202666.66
202571.25
202491.58
202391.58

Derived from filed accounts. Not audited figures.