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Africargouk Ltd

12160272

active
Private Limited Company
wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

93 FFORDD Y FRIALLEN, PONTYPRIDD, CF38 2FH
Incorporated 16/08/2019

Compliance

Last accounts

31/07/2024

micro entity

Next accounts due

30/04/2026

Overdue

Confirmation statement

Last: 15/08/2025

Due 29/08/2026

On track

Industry

45112
Sale of used cars and light motor vehicles
50400
Inland freight water transport

Officers

Mr Olumide Olamilekan Oladimeji

director · Since 16/08/2019

SECURITY OFFICER

NIGERIAN · UNITED KINGDOM · Age 47

Persons with Significant Control

Mr Olumide Olamilekan Oladimeji

75–100% shares

Nigerian · United Kingdom · Age 47

93, Ffordd Y Friallen, Pontypridd, CF38 2FH

Notified 31/12/2021

Former PSCs

Mr Olumide Olamilekan Oladimeji

Ceased 06/10/2021

Mr Philip Adeleye

Ceased 31/12/2021

CompanyRankvs 16321+ SIC 45112 peers
38

Financial strength7th percentile among SIC peers · 2/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.34× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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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.

Employees12/15 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.

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 31/07/2023

Net Worth

-£32k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£36k

Working capital

Current Assets

£18k

Current Liabilities

£54k

Fixed Assets

£4k

3avg. employees

Balance Sheet

Assets less current liabilities-£32k
Signed by 1.8.22Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
20230.34

Derived from filed accounts. Not audited figures.