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Wear Africa Ltd

11822407

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

16 ELDON STREET, PRESTON, PR1 7YE
Incorporated 12/02/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Dr Confidence Raphael Uwazuruike

director · Since 12/02/2019

COMPANY DIRECTOR

NIGERIAN · UNITED KINGDOM · Age 37

Persons with Significant Control

Dr Confidence Raphael Uwazuruike

75–100% shares
75–100% votes
Appoint directors

Nigerian · United Kingdom · Age 37

16, Eldon Street, Preston, PR1 7YE

Notified 12/02/2019

CompanyRankvs 80918+ SIC 47910 peers
48

Financial strength24th percentile among SIC peers · 6/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio Infinity× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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80918Wear Africa Ltd
28
How is this score calculated?
Financial strength6/25 pts

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

Employees0/15 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.

Longevity7/15 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 28/02/2025

Turnover

£15

Annual revenue

Net Worth

-£348

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£2

Working capital

Current Assets

£2

Current Liabilities

£0

Fixed Assets

£0

Profit After Tax

-£10

Balance Sheet

Depreciation£0
Assets less current liabilities£2
Signed by 29.2.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
2025Infinity
20240.03
20230.00
20220.02
2021Infinity
2020Infinity

Derived from filed accounts. Not audited figures.