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Selak Limited

11471962

activeactive proposal to strike off
ltd
england wales
Companies House
Accounts overdue
Confirmation statement overdue
Health Score
40 / 100

Notable Risks

0/30
Filing
0/30
Financial
40/40
Risk
  • Accounts filing overdue (-15)
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

11 Ennerdale Avenue, Hornchurch, RM12 5JR
Incorporated 18/07/2018

Compliance

Last accounts

31/07/2023

micro entity

Next accounts due

30/04/2025

Overdue

Confirmation statement

Last: 15/07/2023

Due 29/07/2024

Overdue

Industry

56102
Unlicensed restaurants and cafes

Officers

Mrs Nimota Omolara Oluwamuyiwa

director · Since 18/07/2018

TEACHER

BRITISH · ENGLAND · Age 43

Also on 2 other boards

Nimota Omolara Oluwamuyiwa

director · Since 18/07/2018

British · England · Age 43

Persons with Significant Control

Mrs Nimota Omolara Oluwamuyiwa

25–50% shares
25–50% votes
Appoint directors

British · England · Age 43

11, Ennerdale Avenue, Hornchurch, RM12 5JR

Notified 18/07/2018

Mr Oladayo Ololade Oluwamuyiwa

25–50% shares
25–50% votes
Appoint directors

British · England · Age 40

11, Ennerdale Avenue, Hornchurch, RM12 5JR

Notified 18/07/2018

Charges0 outstanding

Charge
satisfied

ASSET ADVANTAGE LIMITED

Created 10/12/2018Registered 10/12/2018Satisfied 25/09/2024

Change History

statusactive
2026-07-12

Active - Proposal to Strike off

typeltd
2026-07-12

Private Limited Company

address line111 Ennerdale Avenue
2026-07-12

11 ENNERDALE AVENUE

post townHornchurch
2026-07-12

HORNCHURCH

CompanyRankvs 26655+ SIC 56102 peers
17

Financial strength7th percentile among SIC peers · 2/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAccounts and CS overdue · 0/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees5/15 pts

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

Liquidity2/20 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 compliance0/15 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 31/07/2023

Net Worth

-£68k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£42k

Working capital

Current Assets

£3k

Current Liabilities

£45k

Fixed Assets

£8k

2avg. employees

Balance Sheet

Assets less current liabilities-£34k
Prepared with BTCSoftware AP Solution 2023 10.3.03

EstimatesDerived

YearCurrent Ratio
20230.06

Derived from filed accounts. Not audited figures.