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Afaq Enterprises Ltd

11303918

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

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

Compliance

Accounts

Up to date

Confirmation statement

Up to date

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 36

Persons with Significant Control

Mr Imtiaz Ali

75–100% shares
Appoint directors

Pakistani · United Kingdom · Age 36

219, Mortlake Road, Ilford, IG1 2TA

Notified 11/04/2018

CompanyRankvs 12038+ SIC 47990 peers
51

Financial strength20th percentile among SIC peers · 5/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 71.25× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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12038Afaq Enterprises Ltd
51
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 30/04/2025

Net Worth

-£731

Balance sheet strength

Cash

£107

Cash in the bank

Net Current Assets

£14k

Working capital

Current Assets

£14k

Current Liabilities

£198

Debtors

£14k

0avg. employees

Balance Sheet

Bank loans & overdrafts£15k
Assets less current liabilities£14k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
202571.25
202491.58
202391.58
202291.58
202191.58
20205.86

Derived from filed accounts. Not audited figures.