Azinam South Africa Limited
11604583
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 06/02/2020
director · Since 20/11/2025
BRITISH · ENGLAND · Age 36
Also on 1 other board
Persons with Significant Control
Eco (Atlantic) Oil & Gas Ltd
7, Coulson Avenue, Toronto
Notified 10/03/2022
Former PSCs
Azinam Limited
Ceased 04/10/2018
Mr Erik Tiller
Ceased 10/03/2022
Pgs Asa
Ceased 10/03/2022
CompanyRankvs 1374+ SIC 09100 peers28
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/12/2024
Net Worth
-£32.6M
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£32.7M
Working capital
Current Assets
£373k
Current Liabilities
£33.1M
Fixed Assets
£141k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.01 | -£1.1M |
| 2023 | 0.01 | +£696k |
| 2022 | 0.25 | -£32.2M |
| 2020 | Infinity | — |
Derived from filed accounts. Not audited figures.