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Afrorganic Ltd

11381628

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

40B FREDERICK STREET, LONDON, WC1X 0ND
Incorporated 24/05/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01280
Growing of spices, aromatic, drug and pharmaceutical crops
50200
Sea and coastal freight water transport

CompanyRankvs 105+ SIC 01280 peers
72

Financial strength71th percentile among SIC peers · 18/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.45× · 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 strength18/25 pts

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

Employees11/15 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 31/05/2023

Net Worth

£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£31k

Working capital

Current Assets

£52k

Current Liabilities

£21k

Fixed Assets

£25k

1avg. employees

Balance Sheet

Assets less current liabilities£56k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20232.45

Derived from filed accounts. Not audited figures.